The Diem stablecoin project, formerly known as Libra, has come to an end. Meta has sold Diem’s intellectual property (IP) and assets to a cryptocurrency-focused bank Silvergate, per Monday’s announcement.
David BoldFebruary 2, 2022
More than $3.68 billion worth of Bitcoin, stolen from cryptocurrency exchange Bitfinex in 2016, was moved to a new blockchain address earlier today. According to blockchain tracking service Whale Alert,…
David BoldFebruary 1, 2022
During a recent discussion on India’s federal budget, the country’s minister of finance and corporate affairs, Nirmala Sitharaman, announced plans to impose a 30% tax on any income generated from…
David BoldFebruary 1, 2022
Circle announced the launch of its USD Coin (USDC) on Flow, one of the most widely used Web3 platforms. The expansion to Flow comes roughly two months after USDC launched…
David BoldFebruary 1, 2022
Since 2019, the Ethereum community has been patiently waiting for the ETH 2.0 upgrade and a full migration to a proof-of-stake (PoS) blockchain that implements sharding and reduces transaction costs.…
David BoldJanuary 31, 2022
Making the cryptocurrency industry more approachable is an ongoing challenge. However, the advent of gamification, play-to-earn gaming, and NFTs has brought much more mainstream attention to this segment. Any platform…
David BoldJanuary 31, 2022
The start of 2022 was a turbulent ride for the blockchain industry - the value of Bitcoin and other digital assets has shrunk by high double digits. The combined valuation…
David BoldJanuary 31, 2022
The FTX cryptocurrency exchange has announced the close of its latest funding round, during which the rapidly growing digital asset trading platform raised $400 million from a series of high-profile…
David BoldJanuary 31, 2022