Ripple, National Bank of Georgia Partner to Digitize Economy
Ripple is forging a stronger relationship with the Republic of Georgia by investigating opportunities to digitize the local economy in collaboration with the National Bank of Georgia (NBG). James Wallis, the executive of Ripple, has met with Natia Turnava, the acting governor of the National Bank of Georgia, and Varlam Ebanoidze, the director of the […]
Cardano to Complete Chang Hard Fork In June – Founder
The Chang Hard Fork upgrade, which has been eagerly anticipated, is anticipated to be completed this June, according to a recent social media post by Charles Hoskinson, the founder of Cardano. Hoskinson recently disclosed that Cardano Node will shortly achieve version 9.0 in his most recent post on X. This milestone indicates that Cardano is […]
Base Tops Other ETH Layer-2- Networks as TVL Surges to $8B
Ethereum layer-2 network Base has surpassed $8 billion in total value locked (TVL) days after surpassing Optimism’s OP Mainnet and now tops all other layer-2 networks. L2Beat data indicates that its TVL as of June 10 is $8.05 billion, which includes $2.14 billion in canonically bridged value (assets that are secured on Ethereum to be […]
Wintermute Transfers $12M ARB To Binance, Why?
Wintermute’s transfer of $12 million ARB tokens to Binance has sparked speculation of a potential price drop amid the coming ARB token unlock. Wintermute has transferred $12 million in ARB tokens to Binance, which has sparked concerns about a potential price drop. Investors and analysts are closely monitoring ARB’s market performance. However, the anticipation of […]
South Korea FSC Labels Mass-produced NFTs as virtual Assets
The Financial Services Commission (FSC) OF South Korea has issued guidelines that categorize nonfungible tokens (NFTs) as virtual assets. The FSC will regulate NFTs like crypto if they do not exhibit characteristics that distinguish them from virtual assets, according to a report by local media outlet News1 on June 10. Virtual assets will be defined […]