This week, Mineplex has celebrated its maiden year at Ritz-Carlton Hotel, Dubai International Financial Centre (DIFC) in Dubai. The unprecedented CrossFi Mineplex successfully launched and operating the blockchain by indicating stability in its PLEX token during the hard days of the crypto market. More than 150 guests lauded its stable performance around the year. Mineplex…
Breaking crypto news from the last week (Sept. 24 –Oct. 1, 2021): 25 Sept.: Solana announced the launch of the Wormhole Network, an Ethereum – Solana cross-chain bridge, which enables the transfer of digital assets between ERC-20 and SPL blockchains. Saber, the Solana-based protocol with more than $4 billion total-value locked (TVL), will support migration…
The Bank of International Settlements (BIS) and seven different central banks, including the Bank of England, Bank of Japan, European Central Bank, and U.S. Federal Reserve, published three new reports, which find that while a groundbreaking innovation to monetary policy, central bank digital currency (CBDC) pose many opportunities and uncertainties. Digital currencies backed by central…
Orlando Bravo, the co-founder of American private equity firm Thoma Bravo, has batted in favor of cryptocurrencies, predicting a glowing future for digital assets. Bravo revealed his crypto-related projections at CNBC’s Delivering Alpha conference held earlier this week. His private equity company recently participated in a fundraiser for crypto exchange FTX Trading. Bravo firmly believes…
It is something awaiting us right around the corner. Сorporate cryptocurrencies have not yet declared themselves loud enough, but many world-renowned companies are already engaging with the idea. Their emergence is now a matter of time and changes in legislation. It has long been said that modern corporations have more power and authority than nation-states….
On Wednesday, soon after executing the upgrade, patching minor bugs, Compound Labs reported “unusual activity,” resulting in some users being able to get more COMP tokens than allowable. A bug in the code posed $80 million worth of COMP at risk of unfair distribution. The incident may lead to a COMP price crash. According to…