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…
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…
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…
Mastercard and Polygon Unite to Build a WEB3 Music Space.
Mastercard and Polygon Network unite to create a new web3 space for musicians. According to the blog, this initiative will let artists acquire unique access.Mastercard has collaborated with Polygon to…
Kazakhstan Crypto Miners Now Subject To Higher Electricity Charges.
The rate varies according to the cost and availability of the electricity needed to mine.Crypto farms that use renewable energy will likewise be awarded the lowest tariff.Cryptocurrency miners in Kazakhstan…
Ferrari Terminates Collaboration With Crypto Sponsors.
Ferrari lost $55M after terminating collaboration arrangements with Velas Blockchain.The team was not in accordance with the provisions that allow Velas to produce NFT.The Ferrari racing division, known as Scuderia…
Non active wallet address transfers 15k BTC after four years of being inactive.
A bitcoin whale has transferred 15,000 BTC worth $252.5 million from a wallet 1KUr81 to a wallet 1LGAVQ after four years of inactivity. Other whales have also been busy this…
Huobi Token Price Drops Following the Recent Allegations.
During the previous day, the Huobi token has fallen by nearly 11%. Huobi registered a significant price drop of 29.4% during the month.Huobi Token (HT), the native token of the…