Solana TVL hits near 1-year high — Will SOL price follow?
The total value locked on Solana has surged, but is this enough to send the SOL price to a new all-time high?
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Tanzania central bank may rescind crypto ban after presidential endorsement
President Samia Suluhu Hassan’s positive stance on crypto could see Tanzania’s central bank reversing its previous cryptocurrency prohibition. 1333 Total views 7 Total shares The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president.According to Reuters, Tanzania’s central bank has begun working on…
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Bitcoin Core developer Samuel Dobson decides it is “Time to go”
Dobson is the second developer to leave Bitcoin Core in the past two months. 1779 Total views 4 Total shares Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after three years as he “can no longer dedicate the time required, as…
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Samsung uses blockchain-based security for devices in its network
Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network. 250 Total views 13 Total shares
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Senate Virtual Currency Tax Fairness companion bill drops purchase exclusion to $50
After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency. 127 Total views 3 Total shares The Virtual Currency Tax Fairness Act of 2022 was introduced into the United States Senate on Tuesday by the bipartisan team of…
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Why are major global brands experimenting with NFTs in the Metaverse?
Blockchain is a core technology that differentiates itself from other technologies by having solved the double expense with the emergence of the Bitcoin blockchain in 2008. Nonfungible tokens, or NFTs, were driven by blockchain technology which brought scarcity and interoperability to nonfungible tokens. But, what do blockchain technology and NFTs have to do with Metaverse?…
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Base, Optimism unveil shared governance and revenue-sharing framework
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows. 225 Total views 5 Total shares Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase, the parent company of Base, has also published a list of…
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US Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11M in BTC
The United States has extradited a Swedish national from Thailand for allegedly selling fraudulent securities to investors online, garnering over $11 million worth of Bitcoin (BTC).Per a press release from the U.S. Department of Justice (DoJ) published on Nov. 18, Roger Nils-Jonas Karlsson is on his way to the U.S. to stand trial on behalf…
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Ethereum investment products see largest weekly outflows on record — CoinShares
Despite recording high weekly outflows, Ether funds have generated $994 million in inflows this year. The total assets held in ETH funds are nearly $11.1 billion. 1638 Total views 3 Total shares Institutional investment managers continued to sell cryptocurrencies like Bitcoin (BTC) and Ether (ETH) last week, though the magnitude of the outflows have declined…