Why is Solana (SOL) price down today?
Solana price failed to break above an accumulation zone’s upper range, weakening buyers’ confidence.
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Regulations set the table for more talent, capital and building in crypto industry
The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry. The order will spur the government to examine the…

Algorand launches virtual machine to increase smart contract capabilities
The platform introduced the long-awaited functionality for smart contracts during the recent Alonzo hard fork. 658 Total views 26 Total shares Blockchain platform Algorand has today announced the launch of the Algorand Virtual Machine (AVM), a layer-1 protocol upgrade designed to enhance decentralized app scalability for developers and organizations, enable instant transaction finality and sustain…

Ripple CEO Brad Garlinghouse: ‘The SEC created this mess’
Brad Garlinghouse has lashed out at the SEC for its "absurd" comments on the Ripple Labs case. 472 Total views 2 Total shares Ripple CEO Brad Garlinghouse has condemned the United States securities regulator over recent comments from its lawyers that hint at a possible appeal to its case against Ripple.In a July 23 tweet,…

June roundup: who’s hiring and who’s firing in the crypto space
Binance, Ripple, and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts. 75 Total views 6 Total shares Amid the recent volatility in the crypto market affecting investments and stock prices, many firms made significant staff cuts in the last month while others continued hiring.In June, major crypto exchange Gemini was among…

Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow
British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase.As Coindesk reported on August 13, unnamed industry sources have said that Barclays will no longer be banking for Coinbase, severing a relationship that began when Coinbase opened a Barclays account in March 2018.The news is expected to hit the crypto community…

XRP Ledger onchain transactions drop 65.6% in Q2 2024
The decline in activity and the rise in transaction costs on the XRP Ledger are a significant shift compared to the previous quarter.

Ripple now registered as a Wyoming business
"More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws," said Caitlin Long. 4330 Total views 28 Total shares Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming.According to records from the Wyoming Secretary of State, Ripple Markets WY LLC’s status as a local business…

Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network.