USDC circulation on the Solana blockchain has increased from 1 billion to 2 billion in just two weeks amid huge price gains by Solana. The growth in circulation shows the huge potential of the USDC and Solana protocol to becoming dominant in driving future internet payments, banking, and capital markets. Circle CEO Jeremy Allaire said this in a tweet yesterday, […]

Driven by ten years of blockchain development, Ergo is a new flexible blockchain protocol that has been hailed as “the spiritual successor to Bitcoin” by Charles Hoskinson. With a solid background in core development with cryptocurrencies and blockchain frameworks, Ergo’s creators aim to provide an efficient, secure, and easy way to implement financial contracts. Powered by its native Sigma protocols, […]

The SEC filed more responses to its letter motion demanding discovery of Ripple’s internal meetings’ audio-visual recordings in the latest move in the ongoing XRP case.  The SEC stated in its response letter that now that the plaintiff’s request has been ruled moot, it will not engage and will not rectify “many inaccuracies” in Ripple’s Opposition in the future. Since […]

Russia banned the use of digital currency payments in July last year, and according to the Kremlin, this law isn’t about to be reversed any time soon. A representative of the highest office in the country reiterated that Russia isn’t ready to make digital currencies legal tender, even as Central American countries make great leaps with this. Russia’s legislative body, known as […]

El Zonte is known as “Bitcoin Beach.” Located in El Salvador, the town has developed a reputation as being one of the leading digital currency regions out there. The city worked to make bitcoin legal tender long before El Salvador ever decided that the currency would be utilized throughout the nation. El Zonte Is Helping El Salvador Push BTC Forward […]

The Securities and Exchange Commission (SEC) has issued Coinbase – one of the biggest and most popular digital currency exchanges in the world – with a Wells notice, meaning it plans to sue to the trading platform in court. Coinbase Is Under Legal Threat According to the letter, the SEC has taken issue with the company’s new Lend program, which […]

Decentralized lending protocol Pledge has secured $3 million in investments for its cross-chain ecosystem focused on long-term financing, highlighting the continued innovation in the DeFi sector.  The investment round was led by DHVC, a Palo Alto-based venture capital firm, with additional participation from U.C. Berkeley professor Gary LaBlanc and Stanford University community members Ray Wong and Torsten Wendl. The raise […]

Trippy Bunny NFT, a new nonfungible token project built on Solana, has announced that it is donating all of its mint sale proceeds to the American Foundation for Suicide Prevention. The announcement was made on Suicide Prevention Day, a global awareness event observed globally on Sept. 10. The annual awareness day was first organized in 2003 by the International Association […]

Caizcoin, the first Islamic compliance cryptocurrency, has announced that it is launching an exhibit at the fifth annual worldwide event scheduled to take place in London. Notably, the London annual event that began on September 6 is set to officially end on September 15, 2021. The annual worldwide event is well known for bringing together a globally recognized Blockchain Expo […]