Coinbase Launches Its Own Ethereum Layer 2 Solution

Popular cryptocurrency exchange Coinbase stated on February 23 that it had built a base L2 network utilizing Optimism’s OP Stack. The main goal of this initiative is to attract millions of new cryptocurrency users over the following several years. As a core developer for the open-source OP Stack , a developer toolkit created for the […]
Spotify Announces Addition Of Token-Enabled Playlist Feature

The music streaming platform Spotify has announced a new pilot test for blockchain-powered “token-enabled playlists”. Those who have NFTs will be able to link their wallets and access personally selected music. Nevertheless, only Android users in the United States, United Kingdom, Germany, Australia, and New Zealand can access the pilot. Owners of tokens in the […]
FTX, Voyager Reach An Agreement On $445M Disputed Loan

Estates for crypto lender Voyager and crypto exchange FTX reached an interim agreement on $445 million of disputed loan payments. According to a Feb. 22 court document, bankrupt cryptocurrency lender Voyager Digital agreed to hold the disputed $445 million loan payment for FTX and its unsecured creditors until a resolution or court order. In addition, […]
Binance Close Derivative Positions Of Some Australian Users

According to its statement, Binance said that it had notified the affected users and promised to fully make up for any losses. The “limited number of Australian users” whose derivatives positions were cancelled by Binance were misclassified by the cryptocurrency exchange as “wholesales investors,” according to Binance. The cryptocurrency exchange said that by alerting the […]
Binance, Ingenico begin crypto payments in France

Binance, has partnered France-based global payments giant Ingenico to offer in-store crypto payments in France using Binance Pay. On February 22, Binance tweeted about the collaboration, saying that it had teamed up with Ingenico to make it simpler for users to complete transactions using Binance Pay.The partnership was hailed by Binance as a development in […]