The Cardano ($ADA) network now has over 1,000 projects building on it, according to its developer Input Output, which also shared the nature of these projects. According to a tweet Input Output shared with its over 250,000 followers on the microblogging platform Twitter, the number of projects building on Cardano is now above 1,000 and the largest share of them […]

Key takeaways: Binance has stopped deposits and withdrawals of EGLD to investigate what it calls a potential security issue on the Elrond Network. Yesterday, a hack was reported on the Elrond Network resulting in the loss of $1.65 million worth of EGLD that was later sold on the Maiar Decentralized exchange, causing a 92% price drop on the DEX. The […]

The world’s “longest running crypto exchange” has listed the meme-inspired cryptocurrency Shiba Inu ($SHIB) after initially planning on doing so back in December of last year. The exchange’s announcement saying it would support SHIB included other assets that are already listed, including dYdX ($DYDX), Gala ($GALA), and Perpetual Protocol ($PERP). That exchange is Bitstamp, which was founded in 2011, got […]

Cryptocurrency asset manager Grayscale Investments has increased its Cardano ($ADA) allocation in its fund offering investors exposure to smart contract blockchain networks while excluding Ethereum ($ETH). As first spotted by CryptoCapitalVenture founder Dan Gambardello, Grayscale has raised its allocation to Cardano’s ADA on the Grayscale Smart Contract Platform ex Ethereum Fund (GSCPxE) to 32.33% per share, with each GSCPxE share […]

Key takeaways: PayPal has announced the launch of new features, including crypto transfers with other wallets. Initially, PayPal users could only buy, sell and hold digital assets on the platform without the ability to send or receive crypto to other wallets. PayPal has also been granted a full BitLicense by the New York Department of Financial Services (NYDFS), paving the […]

Recently, Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), shared her thoughts on cryptoassets in general and stablecoins and central bank digital currencies (CBDCs) in particular. The IMF, which was established on 27 December 1945, “works to achieve sustainable growth and prosperity for all of its 190 member countries” by “supporting economic policies that promote financial stability and monetary […]

Panamanian bank Towerbank is preparing to meet the needs of the crypto community.  According to a recent report by Cointelegraph, Towerbank, a top 30 Panamanian financial institution with over 200 employees, is making moves to become part of the crypto community and do everything it can to meet its needs. At a blockchain meetup in Panama City on May 26, […]

Development activity on the Cardano ($ADA) network has hit a new all-time high as the team behind the project kept on working on it even as prices plunged amid a wider cryptocurrency market downturn. According to on-chain analytics firm Santiment, Cardano development activity rose to 457 GitHub submissions per day just as the price of its native token ADA bounced […]