The price of HBAR, the native token for the Hedera blockchain, experienced a significant increase of approximately 90% after a misunderstood declaration from the HBAR Foundation left crypto experts perplexed. A money market fund managed by BlackRock was converted into a digital token and added to the Hedera blockchain, leading to a significant 94% increase … Read more
Polkadot and Kusama are two related blockchain networks, built on the same fundamental technology and running mechanisms. Yet, they focus on distinct goals. Polkadot focuses more on providing stability and reliability, making it a more conventional choice. In contrast, Kusama is known for its speed and adventurous nature, making it an ideal platform for deploying … Read more
U.S. authorities want Changpeng Zhao, Binance‘s founder, to serve a 36-month prison term due to the significant impact of his deliberate lawbreaking against U.S. regulations. Changpeng Zhao, the founder and ex-CEO of Binance, could serve a three-year prison term after admitting to money laundering law infringements, according to U.S. prosecutors’ latest court submission. This sentence … Read more
The IBC protocol, which is used by Cosmos developers for inter-blockchain communication, had a major security issue that could have led to the loss of more than $126 million worth of assets. This vulnerability was initially discovered and reported by Asymmetric Research. Fortunately, the developers were able to find a solution and resolve the issue. … Read more
During the NBA Playoffs, Coinbase is planning to spend $15 million on three advertisements with the goal of attracting sports enthusiasts towards the realm of cryptocurrency. These ads are scheduled to be broadcasted on networks including TNT, ESPN, ESPN2, and ABC. Using the lighthearted illustration of pizza, the advertisements accentuate the intricacy of conventional payment … Read more