Crypto market plummets below $1 trillion overnight, following FTX troubles

    The price of Bitcoin and Ethereum has fallen in the last 24 hours, with the total crypto market cap now sitting at $914 billion, a 10.6% drop in the past 24 hours. The surprise FTX acquisition claim by Binance has sparked a significant overnight drop for Bitcoin and Ethereum. Ethereum’s price now sits at around…

    Central Bank of Russia promotes crypto as means to ease the sanctioned economy
    09 Nov 2022
    403 Views

    According to a new report on its priorities, the Central Bank of Russia (CBR) is working on integrating crypto assets into the local financial system. The CBR is also working on the digital ruble, a central bank digital currency (CBDC). The CBR released a report on digital assets and crypto regulation, focusing on integrating them…

    Neon Labs to bring EVM to Solana network in December
    08 Nov 2022
    311 Views

    Neon Labs plans to deploy an Ethereum Virtual Machine (EVM), an Ethereum smart contract layer, on the Solana blockchain on Dec. 12. The solution will allow developers to port Ethereum-based decentralized applications (DApps) to the Solana ecosystem. The new solution – also known as Neon EVM – aims to bring support for Ethereum Virtual Machine…

    DOJ seized over $3 billion worth of Bitcoin linked to Silk Road
    08 Nov 2022
    299 Views

    The US Department of Justice (DOJ) announced Monday that more than $3.36 billion worth of Bitcoin affiliated with the DarkNet marketplace Silk Road was seized by law enforcement last November. This seems to be the DOJ’s second-largest Bitcoin confiscation to date. The announcement from the US Attorney’s Office comes after James Zhong, the man who…

    Circle to expand Euro Coin to Solana in H1 2023 via its cross-chain protocol
    07 Nov 2022
    256 Views

    Circle, the issuer of stablecoin USDC, is expanding Euro Coin to the Solana blockchain in the first half of 2023. The payments firm plans to launch its cross-chain protocol, and it will also be expanded to Solana. In June, Circle launched Euro Coin as a European take on its popular stablecoin USDC but pegged to…

    Google Cloud to add support for Solana at the start of next year
    07 Nov 2022
    301 Views

    Google Cloud is adding support for the Solana blockchain in BigQuery, to make it easier to access Solana data. It is also working on bringing Solana support to its Blockchain Node Engine. Support for Solana will go live in the first quarter of next year, Nalin Mittal, Web3 lead for Google Cloud, said at Breakpoint,…