Cardano hits 5,000 smart contracts on its network
As of February 3, 2023, there were 5,006 smart contracts written with Plutus and currently executing on Cardano. The Cardano (ADA) network had a significant upgrade in September 2021, adding smart contract features and allowing the blockchain to handle transactions more efficiently and quickly. Despite a fall in Cardano’s price in 2022, the network’s growth […]
Australia releases consultation paper on token mapping
The Australian Treasury is looking for feedback on its most recent consultation document on token mapping, which examines cryptocurrency assets in the Australian financial services regulation context. The government declared in August 2022 that it would take the cryptocurrency ecosystem more seriously and that “token mapping” would be a “foundational step in the government’s multi-stage […]
Successful examples of top crypto investors
Most successful crypto investors have demonstrated a deep understanding of the crypto market, as well as a willingness to take calculated risks Cryptocurrency investing has become increasingly popular in recent years, with many individuals seeking to profit from the growth and adoption of digital currencies. In this article, we highlight successful examples of crypto investors […]
BlockFi gets approval to launch auction for Crypto mining company
BlockFi Inc. was granted permission by the bankruptcy court to hold an auction for the cryptocurrency lender’s mining operation. During a Monday morning video court hearing, BlockFi attorney Francis Petrie stated that the company intends to submit bids as soon as possible to benefit from the current market circumstances. Petrie informed US Bankruptcy Judge Michael […]
Senior US officials urge Congress to strengthen Crypto regulation
The officials ask Congress to intensify its efforts on crypto regulation to prevent the misappropriation of consumers’ assets and the emergence of conflicts of interest. Four high-ranking US government officials working in the White House have issued a call to action to the US Congress, urging it to “step up its efforts” in the area […]