Avalanche HyperSDK Blockchain Tops 143K TPS on Testnet
Ava Labs is currently conducting trials on a high-capacity infrastructure framework designed to empower developers to create their personalized virtual machines. The testnet of Avalanche, a layer-1 blockchain network , reportedly achieved a remarkable throughput of more than 140,000 transactions per second while testing its HyperSDK blockchain upgrade. Presently, Avalanche is testing a framework designed […]
FTX to Reverse Payments to Shaq, Naomi Osaka, and Miami Heat
FTX listed the millions it paid to celebrities such as Shaquille O’Neal, Naomi Osaka, and others that it hopes to recover. FTX is investigating whether it can recoup the millions of dollars paid to prominent athletes and sports teams that promoted the exchange before its bankruptcy filing in November. In a court filing of over […]
Coinbase To Suspend Trading Services In India
Coinbase intends to withdraw its operations from India due to the country’s challenging regulatory environment. In the latest development, crypto exchange Coinbase plans to discontinue crypto trading services in India by the end of the month. The exchange notified its Indian clients via email of significant regulatory challenges in India. According to reports, Coinbase has […]
G20 Recommendations Hint at No Crypto Ban in India
Even though the G20 has already endorsed the FSB and IMF’s recommendations, the next step involves the implementation of crypto regulations. The G20 nations endorsed the Financial Stability Board’s (FSB) recommendations for regulating, surveillance, and oversight of crypto assets on Sunday, September 10. According to a government official, this development is quite favorable for Indian […]