Decoding Proof of Reserve Report and How it can Build Trust.
The role of “Proof of reserves” is to ascertain that a financial institution has a 1:1 ratio backing of user funds with real assets. Blockchain companies are turning to third-party…
Microsoft Moving To Acquire 49% Stake in ChatGPT
The tech behemoth is prepared to spend more than $10 billion on the purchase.The proprietor of ChatGPT anticipates a $1 billion profit by 2024. Presently, ChatGPT is one of the…
Over 12 Billion LUNC Burnt by Community To Boost Burn Rate
On January 9, Terra Casino tweeted that it has burned more than 8M LUNC tokens.More than 4M LUNC tokens were burnt by the validator LUNC DAO in the last 24…
Charles Hoskinson’s New Hospital to Accept Cardano
The hospital will open in February of 2023 as per the first announcement.It is located in the state of Wyoming in the United States.Hoskinson Health & Wellness Clinic, named after…
Oracle Network Flare Launches Historic Airdrop.
At 11:59 p.m. UTC on January 9, Flare, the blockchain for developing apps that utilize data from other chains and the internet, successfully launched its much anticipated token airdrop. One…
Goldman Sachs about to sack 3200 workers this week
Goldman Sachs will sack as many as 3,200 employees this week as an uncertain economic and market climate pushes the bank to hunt for cost savings, according to a person…
Cardano (ADA) Price Skyrocket as the Market Turns Green.
Cardano (ADA) has increased by nearly 20.11% during the past 24 hours.Cardano dApps completed 16 million transactions earlier this week.Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is currently…
Shiba Inu Team Hints Collaboration With Bugatti Group.
A promotional video seems to hint at a collection of handbags with a Shiba Inu motif.The corporation has now created its own set of non-fungible tokens, joining the bandwagon.The Shiba…
Crypto Payments Platform Wyre Imposes 90% Withdrawal Cap.
Wyre has changed its withdrawal policy to allow for the withdrawal of up to 90%.MetaMask has asked its users to refrain from using Wyre on the mobile aggregator.Just days after…
Australian Crypto Exchange ‘Swyftx’ Abandons Crypto Earn Program.
Swyftx acknowledged that this choice might be “disappointing” for users.The exchange has said it may reintroduce it if the restrictions are simplified.In light of the “constantly changing regulatory landscape” for…