Coinbase Adds Messaging Function to Crypto Wallet
Coinbase has introduced a new feature that allows for instant messaging between two wallet addresses for users of Coinbase Wallet. Extensible Message Transport Protocol (XMTP), an instant messaging platform that enables users to connect using blockchain addresses, is the foundation of the new feature. The decentralized social media platform Lens also makes use of XMTP. […]
Ripple Supports Cryptocurrency in UK Parliament
A document from Ripple outlining the advantages of XRP and cryptocurrencies for the UK government has been submitted to the British parliament. The document recognizes UK government actions in cryptocurrency, including the Financial Services and Markets Bill and the Crypto-Asset Engagement Group. The document’s importance was mentioned by Edward Farina, director of social adoption at […]
Osmosis Adds Concentrated Liquidity on Network
Osmosis Labs announced that they have introduced a new feature called “concentrated liquidity” to the exchange. This feature allows liquidity providers (LPs) to set a minimum and maximum price when buying or selling cryptocurrency.Osmosis is part of the Cosmos ecosystem, a network of interconnected blockchain networks using the Inter-Blockchain Communication (IBC) protocol and the Cosmos […]
EBA Calls for Early Adoption of Stablecoin ‘Guiding Principles’
The European Banking Authority (EBA) recommended stablecoin issuers to get ready for the upcoming MiCA regulation. Before the necessary regulations took effect, the financial watchdog urged the stablecoin issuers to take immediate action and voluntarily adhere to the guiding principles for consumer safety and risk management. EBA touched on a number of topics in the […]
FTX Claims Portal Goes Offline After Temporary Opening
Shortly after its launch on July 10, the consumer claims portal for the bankrupt cryptocurrency exchange FTX went offline, prohibiting clients from filing claims online. The FTX claims agency, Kroll, stated that they are attempting to fix the issue that prevents victims from submitting claims. Affected consumers can still make claims in the interim by […]