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Banco Do Brasil, a bank owned in its majority by the Brazilian state, and Giesecke+Devrient, are partnering to explore the possibilities of bringing offline payments to the future Brazilian CBDC, Drex. The joint initiative will include this functionality in Drex’s pilot, to extend access to financial services to Brazilians with difficult or no access to … Read more
In the world of cryptocurrency, both centralized exchange (CEX) platform tokens and tokens associated with the Solana project have experienced notable gains in recent trading sessions. Binance Coin (BNB) surged past the $630 mark, registering a remarkable 24-hour increase of 15.64%, while OKB recorded a 24-hour gain of 9.5%. Solana (SOL) also saw a notable … Read more
In the aftermath of the recent Dencun upgrade and the deployment of EIP-4844, there has been a noticeable decline in transaction fees across various Layer 2 (L2) networks. This development marks a significant step forward in addressing the issue of high transaction costs within the Ethereum ecosystem. During the last hour (9:00–10:00 UTC+8), several L2 … Read more
RACA cryptocurrency is currently in the attention of most crypto traders in the last few days, as the price is also skyrocketing to new highs. In the last 30 days, RACA has risen from $0.0001518 to a new high of $0.0006847. Of course, this represents a notable 351%. increase. Furthermore, in an exciting development for … Read more
On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures. Microstrategy Continues Bitcoin Bet, Plans $500M Convertible Bond Sale Microstrategy … Read more
Over the past 24 hours, the price of Avalanche (AVAX) has experienced a significant surge, climbing by more than 9%. This remarkable uptick in value coincides with a noteworthy development within the Avalanche ecosystem. According to data from Intotheblock, Avalanche has witnessed a substantial increase in the total volume of large transactions, reaching a staggering … Read more
In a significant development for the blockchain industry, Layer1 blockchain platform Vanar has announced a strategic partnership with technology giant NVIDIA. Following the announcement, Vanar’s native token $VANRY experienced a remarkable surge, climbing by up to 56% within a span of 24 hours and reaching a current price of $0.36. 📢 MAJOR ECOSYSTEM ADOPTION 📢 … Read more
The impending Dencun upgrade slated for Ethereum in 2024 heralds a significant advancement poised to enhance the network’s scalability and alleviate the burden of gas fees for layer-2 networks. This upgrade is eagerly awaited as it promises to address longstanding issues within the Ethereum ecosystem, including high transaction costs, sluggish processing speeds, and resource-intensive transactions. … Read more
Bitcoin surged to yet another all-time high, reaching $72,764, signaling a robust bull market. Notably, a significant influx of dormant coins is re-entering circulation, reinforcing the bullish sentiment. Despite the remarkable price performance, discussions surrounding Bitcoin remain relatively subdued, suggesting potential for further price gains. 🥳📈 #Bitcoin has hit another #AllTimeHigh of $72,764. Massive dormant … Read more
Today marked a significant milestone for Metis, a permissionless Ethereum Layer 2 (L2) solution leveraging optimistic rollup technology. The platform was officially listed on Binance, a leading cryptocurrency exchange, with trading pairs including METIS/BTC, METIS/USDT, METIS/FDUSD, and METIS/TRY. This listing, which occurred at 12:00 (UTC), opened up new avenues for traders and investors to engage … Read more