The proposal to burn 25% of the total PROPC token supply has officially passed, signaling a pivotal moment for Propchain. This initiative aims to reduce inflation and improve the token’s overall value by cutting the total supply from 84.9 million to 63.8 million PROPC tokens. The Propchain DAO voted 93.77% in favour of the burn …
Propchain burn proposal passed: 25% $PROPC to be burnt Read More »
Ripple’s Chris Larsen Backs Kamala Harris for 2024 Presidential RunChris Larsen, co-founder and executive chairman of Ripple, has officially endorsed Vice President Kamala Harris for the 2024 presidential election. His backing comes as a part of a growing list of major business leaders throwing their weight behind Harris. Larsen Joins Corporate Giants in SupportLarsen, alongside …
Ripple Co-Founder Chris Larsen Endorses Kamala Harris for Presidency Over Trump Read More »
Binance’s CEO, Richard Teng, has confirmed that former CEO Changpeng Zhao (CZ) is permanently barred from managing or operating the crypto exchange. Contrary to previous reports suggesting a three-year ban, Teng clarified that CZ faces a lifetime ban. CZ, who had been sentenced to four months in prison for violating the Bank Secrecy Act, is …
Changpeng Zhao will never lead Binance again: Richard Teng Read More »
The future of travel payments is here! In a major step towards crypto adoption in the travel industry, Skyscanner has teamed up with Travala to introduce crypto payments for hotel bookings. As of September 5, 2024, travelers can book over 2.2 million hotels in 230 countries using more than 100 cryptocurrencies, including Bitcoin and Ethereum. …
Skyscanner Partners With Travala For Crypto Adoption Read More »
The Tectum project, $TET, has launched its SoftNote app primarily focused at crypto transactions between users. According to their X, the team focuses to solve the problem of using Bitcoin for retail transactions with their SoftNote application. Two of the biggest barriers to Bitcoin adoption are transaction speeds and costs. Tectum X page On their …
Offline crypto trading comes with risks! In a shocking turn of events, three men were arrested in Singapore following an attack tied to a crypto exchange. The incident involved a 19-year-old named ZK, who was ambushed while attempting to exchange $32,000 for USDT. Attack on Peer-to-Peer Crypto Exchange ZK had arranged to meet the seller …
Singapore Police Arrest Three in Crypto Exchange Attack Incident Read More »
Mastercard Partners with Mercuryo for Non-Custodial Crypto PaymentsIn a move that bridges the gap between traditional finance and crypto, Mastercard has teamed up with Mercuryo to launch a euro-denominated crypto debit card. This collaboration empowers users to spend cryptocurrency from self-custodial wallets at over 100 million Mastercard-affiliated merchants. Driving Self-Custody AdoptionThis partnership reinforces Mastercard’s mission …
Mastercard Expands Crypto Spending with Self-Custody Debit Card Read More »
On September 4, Near Protocol’s X page was reportedly hacked, though unlike most crypto hacks, this breach didn’t involve promoting scams or phishing. Instead, the hackers posted a series of anti-crypto messages directed at the cryptocurrency community and the broader web3 space. Later, it was revealed that this was in fact a marketing plot by …
Polygon’s Major Token Migration Begins Polygon, the Ethereum-based Layer-2 powerhouse, is set to initiate its much-anticipated migration from MATIC to POL tokens within hours. This upgrade is a key step in Polygon’s evolution, aiming to enhance token flexibility and bolster the network’s functions as part of its broader “Polygon 2.0” roadmap. Auto-Conversion for MATIC Holders …
Polygon Kicks Off MATIC to POL Token Migration: What You Need to Know Read More »
The NVIDIA stock experienced a historic plunge, losing nearly $280 billion in market value in a single day due to the U.S. Department of Justice’s (DOJ) antitrust investigation. This 9.5% drop marks one of the most significant one-day losses in U.S. stock market history, sending shockwaves through the financial markets. DOJ Antitrust Investigation Sparks Market …
NVIDIA Plummets in Value Amidst DOJ Antitrust Probe Read More »
