The Securities and Exchange Commission (SEC) of Thailand has banned exchanges from dealing in certain types of tokens. The ban will affect meme- or joke-based tokens and fan-based coins, as well as exchange-issued tokens and non-fungible tokens (NFTs).Read more
NBA Top Shot remains the hottest name in the non-fungible token (NFT) game and continues to see significant growth in 2021.
NFTs continue to be a hot button topic in the cryptocurrency industry, thanks to products like NBA Top Shot.
The Cardano (ADA) team has begun to research the viability of “Stablefees,” which would establish a base price for crypto transactions.
In a blog post today from IOHK, the firm behind Cardano, stated that future Stablefees would provide transaction pricing that is both fair and predictable.
The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over the past couple of months.
Fees are paid to the miners who process transactions on a typical proof-of-work blockchain.
In a space-as-as-service effort, an Enterprise Ethereum Alliance member, SpaceChain, has integrated Ethereum (ETH) technology in space by rolling out on-orbit Ethereum multisignature transaction services.Read more
Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online.Read more
Starling, a United Kingdom-based online bank, is preparing to resume payments to cryptocurrency exchanges after suspending crypto exchange deposits last week.Read more
The Reserve Bank of India has issued a notification to banks on how to relate with their customers who deal with cryptocurrencies.Read more
Today, a decentralized finance (DeFi) protocol running on the Binance Smart Chain (BSC), BurgerSwap, lost a whopping sum of $7.2 million through a flash loan attack. This money was stolen in a series of fourteen transactions.Read more
Ripple announced yesterday that they would be partnering with BankDhofar Oman’s second largest bank. This follows last week’s announcement that they would be teaming up with the National Bank of Egypt on a similar project.Read more