Celo to Migrate to Ethereum Layer-2 with OP Stack
Celo, a blockchain platform that allows users to generate public keys from phone numbers, has announced plans to migrate to an Ethereum layer-2 network using OP Stack, a modular tooling provided by Optimism. Celo is a blockchain platform that facilitates fast, secure, low-cost mobile phone payments. Celo’s distinctive feature is its ability to generate public […]
The Future of Cryptocurrency in Retail
Due to the growing popularity of cryptocurrency among investors and businesses, it’s becoming clear that they can alter how business is done completely. Due to this development, looking at the future of cryptocurrency in retail is essential. Integrating blockchain technology into the retail sector opens up new possibilities for consumers and businesses. However, it is […]
Financial Stability Board Devises Global Crypto Regulatory Framework
The Financial Stability Board (FSB), an international organization that oversees the global financial system, has devised a global framework for cryptocurrencies. On July 17, a public note and two separate guiding documents were made public. The document includes general high-level recommendations for crypto regulation and “revised high-level recommendations” for a “global stablecoin.” The latter is […]
Binance Exchange Completes Bitcoin Lightning Network Integration
Binance crypto exchange has successfully integrated Bitcoin Lightning Network for BTC withdrawals and deposits on its platform. Binance affirmed the development in a July 17 blog post, noting that users can now use the layer-2 scaling solution for BTC withdrawals and deposits. When consumers withdraw or deposit Bitcoin, “LIGHTNING” will be available. BNB Smart Chain […]
Terra Luna Classic Announces Guardarian Deal
Terra Luna Classic developer L1TF announces Guardarian deal and commencing Q3 development roadmap, LUNC jumps 20% and USTC 50%. Monday, the Terra Luna Classic core developer team Joint L1 Task Force (L1TF) reported that they are moving forward with Q3 development plans and providing an update on the status of Q2 duties. In the third […]