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27 May 23

Dubai deepens crypto ties with proposed Bitcoin Tower Hotel

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Italian developer, Salvatore Leggiero, unveils plans for the Bitcoin Tower, an hotel chain in Dubai that combines blockchain technology, artificial intelligence, and material sustainability. It will offer guests the opportunity to earn interest on their suite rentals. Leggiero envisions a hotel […]

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27 May 23

Ripple lawsuit could be impacted by LBRY lawsuit, experts suggest

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prominent legal professionals specializing in crypto have responded to the recent motion filed by LBRY in its ongoing legal dispute with the US Securities and Exchange Commission (SEC), citing its possible repercussions on the XRP lawsuit. The sharing and publishing platform […]

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27 May 23

Wallet drainer moves funds to Tornado Cash

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto security firm CertiK has warned that a known wallet drainer has moved funds into sanctioned crypto tumbler Tornado Cash. In a May 27 alert, CertiK stated that two externally owned addresses (EOAs), 0x546 and 0x108, deposited 20 ether (ETH) with […]

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27 May 23

Sandbox CEO’s Twitter account hacked to promote fake airdrop

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A Twitter account belonging to Arthur Madrid, the co-founder and CEO of The Sandbox, a metaverse project, was compromised recently by an unknown hacker. The hacker used the account to spread a phishing scam that claimed to offer a free airdrop […]

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27 May 23

Gemini challenges SEC in legal battle over Earn product

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gemini has responded to the US Securities and Exchange Commission (SEC) lawsuit over its Earn Product. The exchange and its partner, now-bankrupt Genesis lender, gear up for a spectacular judicial fight. Gemini marked the SEC charges as “poorly conceived” and claimed […]

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27 May 23

MakerDAO’s new proposal to boost DAI savings rate to 3.33%

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MakerDAO, an Ethereum-based DeFi protocol, is preparing for a crucial vote on a proposal to increase the Dai stablecoin (DAI) savings rate (DSR) to 3.33%. If implemented, this change would likely have far-reaching effects on borrowing rates across the DeFi sector. […]

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27 May 23

XRP is up 2% amid decentralization discussions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple, the fintech company behind XRP, recently responded to discussions regarding the decentralization of the XRP Ledger. The price of XRP is up by over 2% today. Ripple has recently addressed concerns regarding the governance of the XRP Ledger. The discussion […]

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26 May 23

Binance sets foot in southeast Asia, collaborates with Gulf Energy in Thailand

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The world’s largest crypto exchange Binance has acquired the first license to expand its business to Southeast East through a joint venture with Gulf Energy that starts in Q4 2023. Binance in Bangkok The digital asset market in Thailand is likely […]

Stablecoins1

26 May 23

Charles Hoskinson gives Cardano’s progress update

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cardano creator Charles Hoskinson recently updated the community on the latest happenings in the ecosystem on his YouTube channel. Hoskinson stressed the importance of the current work on CIP 1694, a proposal to improve the governance of the Cardano platform. With […]

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26 May 23

Ripple CTO debunks claims on XRP Ledger’s governance

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied David Schwartz, XRPL architect, and current Ripple CTO, has revealed new information on the XRP Ledger’s governance, emphasizing its decentralized nature. XRPL’s decentralization questioned A recent claim surfaced during the debate on the XRP Ledger decentralization, bringing concerns to the community. […]

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