Blockchain Firm Fnality Raises $95M for Payment System
Fnality International, a blockchain company that aims to create digital versions of major currencies, has secured a $95 million investment from leading financial institutions, including Goldman Sachs and BNP Paribas. Fnality International, a blockchain company that emerged from a UBS project, has raised $95 million in a Series B funding round led by Goldman Sachs […]
Reddit Moons Go Decentralized, Price Surges 130%
Reddit’s r/cryptocurrency community is celebrating the decentralization of its native token, Moons, which has surged in price after an update by the moderators. Reddit Moons, the crypto token of the r/cryptocurrency subreddit, have spiked by over 130% following an announcement that Reddit admins will renounce the Moons contract, making the token fully decentralized and capping […]
THORChain (RUNE) Surges to 12-Month High After Q3 Report
THORChain (RUNE), the native token of the decentralized cross-chain liquidity protocol, has surged to its highest level in over a year after releasing its Q3 report, which showed impressive growth in volume and fees. THORChain (RUNE) , the native token of the decentralized cross-chain liquidity protocol, has surged to its highest level in over a […]
Former FTX Execs Launch New Crypto Exchange with Dubai License
A group of former FTX executives, led by Can Sun, the former FTX general counsel, is launching a new cryptocurrency exchange with a license from the Dubai Virtual Assets Regulatory Authority. The exchange aims to address the issues that led to the bankruptcy of FTX. In the aftermath of the FTX bankruptcy, a group of […]
XRPL Stops USTC Minting, Boosts DEX Liquidity
The XRP Ledger (XRPL) has activated the fixReducedOffersV1 amendment, which reduces the occurrence of order books blocked by reduced offers. The amendment is part of the XRPL version 1.12.0 upgrade, which also introduces other features and bug fixes. The decentralized network that powers the XRP cryptocurrency, has activated a major upgrade that improves its decentralized […]