Economic Power Shift: BRICS Nations Surpass G7 in Global GDP
BRICS countries have surpassed the G7 nations in economic growth. The BRICS countries currently account for roughly 31.5% of the global GDP.G7 countries have seen a reduction of about 30…
Coinbase Hints at Bitcoin Lightning Network Integration.
The Lightning Network makes Bitcoin transactions faster and cheaper.Coinbase’s CEO gives a hint on integrating the Bitcoin Lighting Network.After the long silence, Coinbase co-founder and CEO Brain Armstrong brings an…
Binance U.S. Looking For a New Banking Partner.
Binance US struggles to find a new banking partner to handle cash deposits.The refusal of banks to work with Binance U.S. is primarily due to the regulatory landscape.Investors pulled $1.6…
Several SVB Auditors and Underwriters Including KPMG Being Sued.
They have been sued for providing false claims that led to the SVB catastrophe.Executives from SVB, including CEO Greg Becker, were also named as defendants.Industry heavyweights are in legal hot…
NFT Marketplace LooksRare Introduces Version 2 Offering Reduced Fees.
In LooksRare v1, the commission rate was 2%. In version 2, this was cut down to 0.5%. In version 2, sellers get Ether rather than Wrapped Ether (WETH) for most…
Crypto Exchange dYdX Announces Exiting Canadian Market.
On April 14th, all current Canadian customers will be placed in “close-only mode.”This action was taken after the Canadian regulator announced stricter regulations.In preparation for leaving the Canadian market, cryptocurrency…
Thailand opposition leader Says he will gift $300 crypto airdrop for every citizen when elected.
Thai opposition leader pledges $300 crypto airdrop for every citizen if elected Thailand’s opposition leader, Srettha Thavisin, has vowed to provide each Thai citizen with a $300 USD equivalent cryptocurrency…
Singapore Proposes Standards For Banks Dealing With Crypto Sector.
The banks will have the discretion to accept or reject crypto customers.MAS has joined the banks’ and police’s coordinated efforts to improve the screening process.Authorities in Singapore are making a…
Russia Replaces Kazakhstan – Ranking World’s 2nd Crypto Miner.
BitRiver states that Russia consumes 1 GW of power for crypto mining. Next to Kazakhstan, Russia holds the 2nd place this year.As per the reports of Kommersant, a Russian-based newspaper…
ADA Price Recovers Quickly After a Drop Following Cardano’s Oracle Integration.
Cardano’s acquisition of its first oracle integrator, Charli3, caused ADA price drop.The drop was short-lived, however, as the price of ADA surged once again.Cardano’s recent acquisition of its first oracle…