In 2023, there was a significant increase in the use of cryptocurrencies within the Canadian financial industry based on the 39% of participants in a KPMG survey who reported having involvement with crypto, either directly or indirectly. The world of cryptocurrencies is constantly changing at a fast pace. Check out the newest developments and forecasts … Read more
The US Senate is proposing a law to encourage banks to enter the world of stablecoins, according to S&P Global’s assessment. A proposed bill called the Payment Stablecoin Act, introduced on April 17th, may lead to American bankers creating stablecoins pegged to the US dollar. This development could pose a challenge for non-American corporations, like … Read more
The TON blockchain team at The Open Network has revealed a reduction of transaction fees by a factor of 2.5, enabling users to save significantly when transacting on their platform. Exciting news: Fees on the TON network have been decreased by a factor of 2.5 in all areas, following $TON’s recent expansion! In order to … Read more
A significant increase of more than 100% in one day for Hedera’s HBAR token occurred due to a misunderstanding regarding BlackRock’s role in creating investment funds based on the Hedera blockchain. The misunderstanding stemmed from a statement by the HBAR Foundation that Archax and Ownera had tokenized BlackRock’s ICS US Treasury Fund on Hedera’s network. … Read more
Despite reporting stronger-than-expected sales and earnings for the first quarter, Meta’s share price dropped by 15%. Analysts had predicted lower sales and income figures, but Meta surpassed these estimates. Despite this, Meta’s investors showed disappointment when the company lowered its sales forecast for the upcoming quarter. The company’s revenue expanded by approximately 27%, reaching around … Read more