The Bank of England has said the crypto market requires a firm regulatory framework. And not just that, the market also requires a dedicated law enforcement style. All these are because of the volatility the market experiences from time to time. The Bank equally cautioned that asset prices in the market could still fall further….
Celsius has decided to put a hold on withdrawals and related activities on its platform. There will also be no transfers or crypto swapping. The crypto lending platform says it takes the decision due to poor market conditions. More obviously, the decision comes from long-term rumors that the platform might become insolvent. The fears follow…
An Innovator’s Perspective Charles Hoskinson has said the bearish trend in the crypto market is not all bad. In an interview with Yahoo! Finance, the Cardano creator said the conditions create an environment for technological progress. Hoskinson was more concerned about the new opportunities the downturn might be presenting. He said that bullish markets can…
A Twelve-Month Analysis Decentralized Autonomous Organizations have drastically gained numerical strength in the last twelve months. Their participation rate has equally improved in unprecedented ways in the same period of time. Nevertheless, it doesn’t look like decentralized governance is catching up with the trend. Like DAOs, the number of proposals relating to governance has also…
New Funding for a Prosperous Future Solana, through its venture and foundation arms, has set up a hundred million dollar fund to support South Korean projects. The target of the fund includes projects in DeFi, blockchain games, and NFTs. Further to supporting projects based on the Solana network, the fund will also aid some Terra…
Justin Sun, the founder of the Tron blockchain project, recently introduced a new stablecoin product called USDD. The algorithmic stablecoin project will be pegged to the value of the Tron native token called TRX. Sun has introduced stablecoin as a decentralized project of Tron. Sun is the former CEO of Tron blockchain, who is also…
With Facebook Inc. recent rebranding the company’s name to Meta, a lot of attention has again been drawn to the topic of Metaverse. Metaverse which is the future of social interactions, where users interact in a seemingly real virtual environment using virtual reality technologies. Facebook’s announcement to create a virtual social environment for social interactions…
