Louisiana Crypto Law Protects Node Operators, Bans CBDC
Louisiana’s revised Blockchain Basics Act, effective August 2024, bans CBDCs and sets rules for miners and node operators while allowing other digital currencies. The state of Louisiana in the United States has altered its legislation to prohibit the use of central bank digital currencies (CBDCs) and establish regulations for node administrators and miners. The revised […]
BTC Miner Reserve Dips To 14-Year Low As Miners Sell 30K BTC
BTC miner reserve has dipped after the fourth Halving event this year, and miners have resorted to BTC selling; over 30k BTC offloaded in June. Miners of Bitcoin offloaded more than 30,000 BTC in June, equivalent to approximately $2 billion. This offload represents the most significant monthly sell-off of the year. In addition, this substantial […]
Coinbase Exchange Opens Trading for RNDR, Others In New York
Coinbase exchange platform recently revealed that it is opening RNDR, HBAR, APT, HNT, and AKT crypto trading in New York, United States. The most recent update from Coinbase , one of the most prominent cryptocurrency exchanges on a global scale, has garnered worldwide attention. The crypto trading platform has today announced that it will begin […]
Tether To Stop USDT Issuance On Algorand and EOS
Tether, a stablecoin issuer, has disclosed its intention to discontinue USDT issuance on the Algorand and EOS public blockchains. Users of Tether, a stablecoin issuer, have recently been informed of the planned termination of support for two significant blockchains. Tether Standard is exceedingly high for Algorand and EOS As indicated in its most recent update, […]
Binance Labs Invests in Infrared Protocol
Binance Labs, the venture capital and incubation division of Binance Exchange, has invested in Infrared protocol to enhance the user experience and functionality of Berachain’s ecosystem. Additionally, Infrared emphasizes the seamless incorporation of liquid staking solutions. Furthermore, the protocol’s primary objective is to enhance value capture within the Berachain network. The protocol accomplishes this by […]