Cryptocurrency

Cryptocurrency News

Blockchain Could Save Fintech Firms Billions as Sector Players Seek Improved Cross-Border Payments: Report

A report by Ripple says, people linked to the finance sector are dissatisfied with legacy rails for cross-border payments. In the next one to three years, 52 percent global merchants.

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RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report

Once the banks meet their assigned targets, they would be liable for rewards approved by the government. The RBI is looking to clock one million CBDC transactions daily by December.

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Meta’s Reality Labs Continues to See Losses Despite Company Boasting 11 Percent YoY Spike in Revenue

Meta has said that its metaverse unit is expecting to see more losses in the coming times. Meta’s metaverse division lost a whopping $13.7 billion last year Meta has recorded.

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Reddit Drops ‘Retro Reimagined’ Collection of Digital Avatars Riding on Success of Previous NFTs

Reddit has not disclosed how many NFTs will be part of this collection. The NFTs showcase the works of several artists Reddit, currently riding on the success of its previously.

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OpenAI CEO Sam Altman’s Worldcoin Crypto Under European Regulators Scrutiny

Worldcoin’s collection of biometric data could run afoul of strict data privacy rules in Europe. WorldCoin’s iris-scanning device is seen at a sign-up site in Shoreditch, East London Less than.

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British Museum Steps into Metaverse, Partners With The Sandbox: All Details

The Sandbox confirmed the development on July 28 via a blog post published on the Medium platform. NFTs inspired by historic artifacts displayed at The British Museum will also be.

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Sequoia Capital Downsizes Crypto-Focussed Fund by 65 Percent Amid Market Slump: Report

The decision could be fuelled by the slump that the overall crypto market is undergoing presently. Sequoia wishes to redirect its funding to up-and-coming Web3 projects Sequoia Capital has reportedly.

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Cryptocurrency News

Reddit Drops ‘Retro Reimagined’ Collection of Digital Avatars Riding on Success of Previous NFTs

Reddit has not disclosed how many NFTs will be part of this collection. The NFTs showcase the works of several artists Reddit, currently riding on the success of its previously.

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Cryptocurrency News

Crypto Market Watch: Bitcoin, Ether Mint Profits After Days of Laying Low, Losses Strike Underdog Altcoins

With a miniscule gain of 0.38 percent, BTC is trading at the price point of $29,151 (roughly Rs. 23.8 lakh). The capitalisation of the crypto sector now stands at $1.18.

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Cardano Blockchain Ready for ‘Mithril’ Upgrade: Here’s What It Means for ADA Community

Already eco-friendly in nature, the Cardano blockchain works on a proof-of-stake (PoS) mining model. Mithril’s proof of concept was released in August 2022 With the data load on blockchains bulking.

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