Recent 5-hour Solana Outage Successfully Resolved
A status update provided by the protocol indicates that the most recent Solana disruption, which lasted for five hours, has been finished. Block production was reinstated on the Layer-1 network five hours following the Solana disruption. A recently released update verified that the five-hour-long Solana disruption commenced at 09:53 UTC has been resolved. As a […]
Japan Airlines, Hakuhodo to Launch NFT Collection
Hakuhodo Inc. and Japan Airlines Co., Ltd. (JAL) are creating a collaborative collection of non-fungible tokens (NFTs). The effort, which is slated to debut in February 2024, is to turn unique experiences from six regions of Japan into non-fungible tokens, according to a blog post by KOKYO NFT. The developer states that one of the […]
FTX Saga Concludes as Fed Ends Action Against Farmington Bank
In concluding enforcement proceedings against Farmington State Bank, the Fed ends the FTX saga, stating regulatory challenges posed by crypto. The enforcement action against Farmington State Bank, a former financial institution affiliated with the defunct cryptocurrency exchange FTX, has been formally terminated by the Federal Reserve. This follows a federal investigation into the bank’s operations […]
Hedera Launches $250M Fund For Web3 Adoption in Saudi Arabia
To promote Web3 adoption and education in Saudi Arabia, the Hedera protocol has established a $250 million fund for DeepTech. The Saudi Arabian government and Hedera, an open-source Proof-of-Stake (PoS) public ledger, have announced a multi-year strategic partnership. DeepTech Studio Acquires $250 Million Fund As stated in the X announcement, the PoS blockchain has reportedly formed […]
Bitcoin ETFs Launch Promotional Blitz After Google Allows ads
Using Google ads, many Bitcoin (BTC) exchange-traded fund issuers are vying for investors’ attention by offering the nation’s first basket of ETFs. On January 29, Google lifted its five-year ban on promoting cryptocurrencies through search results, responding to the U.S. Securities and Exchange Commission’s (SEC) approval of spot BTC ETFs. BlackRock and VanEck were the […]