Shibarium, the much-awaited layer two of Shiba Inu (SHIB), is now embroiled in drama due to allegations that its code was copied. Conversations lifted from Bone’s Discord channel show concerns that the Shibarium testnet might have the same chain ID…
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Bitcoin for All: Machankura – Unique Solution for Africa – No Internet Needed
Machankura, a tool developed by South African software developer Kgothatso Ngako that allows Africans to access bitcoin through USSD even with limited internet connectivity. Bitcoin is revolutionizing the way people transfer money and conduct transactions across the globe. However, a…
Cathie’s Ark Invest Raises $16M for New Crypto Fund Amid Financial Turmoil
Ark Invest, the investment management firm run by Cathie Wood, has raised $16 million for its new fund, the ARK Crypto Revolutions Fund. This new fund is registered in both the US and the Cayman Islands and is a private…
Binance.US to delist Helium(HNT) considering it as risk and no longer adhere to its standards
Background Helium was considered on of the coolest projects with proof of coverage. However the whole coolness went loose when Helium Foundation could not address the spoofing problem which exists till today and people who bought their hostspots ( equivalent…
Is CBDC Better than Crypto?
Crypto was once dismissed as a fad, and It was even labeled as magic internet money by skeptics. The government and central banks started to notice when users started to pump billions and even trillions of US dollars into the…
Cathie Wood: Banking System Seized Up, But Crypto Networks Thrived
In today’s tweet, Cathie Wood, the CEO of Ark Invest, highlighted the resilience of crypto networks like Bitcoin and Ethereum during the recent turmoil in the US banking system. As regional banks faced bank runs and deposit withdrawals, stablecoins, which…
Banks will always let you down as long as they are fractional reserve – Charles Hoskinson, Cardano Founder
Cardano Founder Believes Algorithmic Stablecoins Can Realize Satoshi’s Vision Charles Hoskinson, founder of the Cardano network, remains bullish on algorithmic stablecoins despite the recent collapse of Terra’s UST stablecoin. Hoskinson believes that stablecoins are the key to realizing Satoshi Nakamoto’s…
Ripple CEO Confirms Company’s Financial Stability Despite Exposure to Collapsed Silicon Valley Bank
Ripple CEO Brad Garlinghouse has confirmed that the collapse of Silicon Valley Bank (SVB), a banking partner that held some of Ripple’s cash balance, will not disrupt its day-to-day business. Despite SVB’s collapse, Ripple remains in a strong financial position,…
CoinDesk Reports – Santander, HSBC, Deutsche Bank and Other Major Banks Still Open to Serving Crypto Clients Despite Recent Banking Failures
The recent collapse of Silicon Valley Bank, Signature Bank, and Silvergate has left many crypto firms and tech startups stranded and in search of new banking partners. Digital Currency Group (DCG), a major crypto conglomerate and parent company of CoinDesk,…