Yuga Labs, the creators of the immensely popular Bored Ape Yacht Club, have announced a new initiative that could drive even more innovation from the company. Co-founder and current CEO Greg Solano took to Twitter to unveil “The Workshop” – a new division within the company. Solano described The Workshop as a team of “no
In a recent announcement, OKX SG, the Singaporean entity of the crypto exchange OKX, made headlines by securing a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is a highly coveted status in Singapore, as it grants businesses the ability to operate without daily or monthly transaction limits. To
Bitcoin’s price took a significant hit in the past 24 hours, dropping to a 2-week low of $57,100. This sudden slump comes after a period of volatility in the market where the leading cryptocurrency failed to sustain its previous gains. Just a week ago, BTC surged to over $65,100 following positive developments in the US,
Cardano recently completed its Chang upgrade, signaling a shift towards a decentralized governance system. This upgrade, named after Chinese mathematician Ch’ang Shou, took effect at block 10764778 on Sep. 1. The Chang upgrade brings about significant changes to Cardano’s governance structure, including the introduction of on-chain voting, Delegate Representatives, enhanced smart contract capabilities through PlutusV3,
Semilore Faleti is not just your average crypto writer. With a specialization in journalism and content creation, he has delved deep into the intricacies of the blockchain and cryptocurrency world. What sets Semilore apart is his genuine passion for digital assets and their potential to revolutionize the financial industry. He believes in the efficiency of
Recently, a London resident named Habibur Rahman made history by becoming the first person in the UK to face criminal charges for operating a Bitcoin ATM without proper registration. This groundbreaking incident occurred after a raid conducted by Kent Police at a gadget shop in Chatham, where Rahman was found to have multiple crypto ATMs,
Bitcoin, the popular cryptocurrency, has been receiving a lot of attention lately for its reliability and success in the digital space. With a track record of never failing to execute new transactions and never being hacked at its core, Bitcoin has proven its ability to deliver on its promises. As one commentator aptly put it,
The payments industry has seen significant growth over the last five decades, becoming one of the largest and fastest-growing sectors globally. However, it faces a critical issue – the reliance on outdated technology that is becoming increasingly inefficient. As highlighted in a report by Binance Research, blockchains, distributed ledger technology (DLT), and applications built on
Opeyemi is not your typical cryptocurrency enthusiast. He is not just a writer but a proficient one who has delved deep into the intricate world of digital assets and blockchain technology. Unlike many others, Opeyemi did not stumble into the cryptocurrency realm by chance; rather, he made a conscious decision to explore this exciting and
Congressman Wiley Nickel (D-NC) recently made headlines for his strong criticism of the US Securities and Exchange Commission (SEC), accusing the agency of undermining trust in the regulatory system. He specifically called out the SEC’s “regulation by enforcement” approach, labeling it as a “blatant abuse of power” that could potentially stifle digital innovation in the