Cardano’s Vasil Hard Fork Comes With So Much Expectation
Vasil releases Plutus v2: Vasil Hard Fork, an updated version of Cardano’s language for writing scripts for smart contracts. The much-anticipated Vasil hard fork will happen on the main network of the Cardano blockchain on Thursday, September 22. This is a backward-incompatible upgrade that is meant to improve smart contracts, increase the chain’s throughput, and […]
Binance and FTX Bids Around $50M for Voyager’s Assets
Sources who spoke to the Wall Street Journal said that Binance’s current bid is just a little bit higher than FTX’s. Sources who spoke to the Wall Street Journal about the situation said that Binance and FTX put in the highest bids of about $50 million for the assets of the bankrupt crypto lender Voyager […]
IMF: Crypto Should Have a ‘Global Regulatory Framework’
The IMF warned on Tuesday that the longer it takes international regulators to come up with a plan for regulating crypto, the more likely it is that regulation will be done on a piecemeal, national level. The International Monetary Fund (IMF) has asked financial regulators from all over the world to work together to create […]
Coin98 Is Set To Unveil Its New Native Stablecoin CUSD
The move comes as DeFi platforms like Curve and Aave try to make their own stablecoins to attract users and grow. Coin98, a platform for decentralized finance (DeFi), released its own dollar-pegged, decentralized stablecoin on Monday. Its goal is to become a way to move value between different chains. The move comes at a time […]
Tether Ordered to Produce Documents Showing Backing of USDT
The Tether order is related to a lawsuit that is still going on. The lawsuit says that unbacked USDT issuances have hurt the market by $1.4 trillion. A U.S. judge in New York has told Tether to show financial records about the backing of USDT. This is part of a lawsuit that says Tether worked […]