Replace-by-fee (RBF), explained
Replace-by-fee (RBF) is a feature in Bitcoin that allows users to replace an unconfirmed transaction with a higher fee to expedite confirmation. Go to Source
Month: November 2023
Crypto investment platform Fasset granted operational license in Dubai
Fasset has been granted a Virtual Asset Service Provider (VASP) license from regulators in Dubai, allowing it to perform broker-dealer services legally in the area. Go to Source
Robinhood to roll out US-stock trading to the British market
Robinhood CEO Vladimir Tenev said in an interview with Bloomberg that the company is still focused on its global aspirations, and the UK expansion is one step toward that. Go to Source
De-Fi could solve Africa’s foreign exchange problems, neo-bank CEO says
The CEO and co-founder of neo-bank Canza Finance claims that utilizing Baki for FX trades in Africa creates a hub for African businesses to participate in intra-African and FX trades at reduced cost. Go to Source
Digital Canadian dollar fails to impress despite high awareness
People who were aware of CBDCs were more reluctant to adopt the technology when compared to those who didn’t know about it. Go to Source
Australia tries again to combat ‘future sectors’ crypto scams
The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams. Go to Source
BASE, Ethereum Layer 2 Chain Hits $10 M In Cumulative Revenue Since Launch Date
BASE, an Ethereum Layer 2 (L2) chain, has achieved a significant milestone by surpassing $10 million in cumulative revenue since its launch in early August 2023. As a Layer-2 scaling solution developed on the Optimism technology stack, BASE provides a secure, cost-effective and developer-friendly environment for on-chain development. Thereby, contributing to its rapid growth and … Read more
Elon Musk tells advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’
The billionaire X (Twitter) owner lashed out at advertisers who are ditching the platform due to his controversial posts. Go to Source
Sam Altman returns as OpenAI CEO as Microsoft gets board seat
Sam Altman addressed his employees in a company memo on Nov. 29, marking his official return to the top leadership position at OpenAI. Go to Source
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC. Go to Source