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Ellis Mason
The Japanese government awards seven mayors with NFTs, following their effort and service to humanity towards easing people’s living in various jurisdictions. The current Japanese administration is one of the first governments to pioneer the use of NFT as a medium to offer supplementary acknowledgments to appreciate the excellent performance of the local authorities. This … Read more
Metaverse’s new project, Cardalonia on the Cardano blockchain, is almost ready to join the league of prominent crypto projects SAND (Sandbox) and MANA (Decentraland) as one of the most wanted projects Metaverse has ever created. According to reports, Cardalonia, a 3-dimensional VR experience built on the Cardano blockchain, has confirmed the launch of the listing … Read more
The leading cryptocurrency has dropped below $19K for the first time in more than 60 days. For a number of reasons, investors seem to be undervaluing bitcoin. The success of the American stock market is, as usual, closely related to the asset’s fall. According to reports, shortly after yesterday’s price spike, bitcoin’s course was altered … Read more
The consensus transition from proof-of-work to a proof-of-stake protocol on the Ethereum blockchain is set to happen in the next few days. The highly awaited first-of-its-kind transition will happen on the 15th of September after many hurdles, hitches, and bugs. In preparation for the Pow to Pos stake transition, all Ethereum-based tokens, virtual currency founders, … Read more
A UK-based financial technology/crypto company, Revolut, has announced its plan to reduce the fees being charged on its platform. This may be a move to attract more customers and users to its cryptocurrency trading platform after reducing its fee charges. The financial/crypto tech company made the announcement earlier via mail to the platform’s users. Revolut … Read more
Japan Financial Bureau has placed a strict regulatory measure on a tech company, Revolut Inc. Revolut technology, a subsidiary of the United Kingdom-based Fintech, was accessed by the Bureau, accused of operating without significant growth or improvement. Japan Financial Bureau Order Improvement for Revolut According to Financial Magnate, the regulatory framework was issued on the 2nd … Read more
A cryptocurrency investment platform, Babylon Finance, is set to shut down all operations and activities. After operating for the past few months, Babylon Finance is set to wind up after it failed to recuperate from its recent exploit by cyber criminals. Cyber-criminals in the cryptocurrency market have caused many platforms, companies, and firms to wind … Read more
Ethereum rose above the $1.94K resistance level in terms of the US Dollar. ETH has even increased beyond $2K. It suggests that there could be an extension of the gains in the nearest future. Over the $1.92K and $1.94K marks, ETH started a recovery wave. Currently, the ETH price is trading higher than $1,920 and … Read more
Binance said last week that it’d list the newly released LUNA coin after a successful airdrop. There’s an innovation zone at Binance for tokens with a high degree of risk, but this one isn’t one of them. On 31st May, traders will be able to trade the tokens. The LUNA 2.0 price fell by 80% … Read more
Do Kwon and his colleagues have a strategy to revive the Terra Ecosystem. That’s after one of the worst cryptos crashes this month. According to the statement, they’ll be introducing Terra 2.0 on 27th May. Proposal 1623 advocates for a new blockchain. It got approval from Terra community members. They will break off the old … Read more
Today’s total XRP in circulation stands at 48.3M out of a 100B total supply. It’s estimated that XRP whales hoard anywhere from 1,000,000 to 10,000,000 tokens. The supply has recently increased to its highest level in over two months. These active XRP whales own more than 6.12% of the entire XRP. There has been a … Read more
The RBI is currently determining whether launching a CBDC is workable. Or if it is possible at the halfway point of 2022. India Plans to Implement CBDC in Stages RBI advocated a 3-step method for bringing out CBDC. Mostly with minimal interruption to the old monetary sector. Indian finance minister Nirmala Sitharaman addressed the plans … Read more