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” USDC issuer Circle to increase staff by up to 25% amid layoff season “ USD Coin (USDC) issuer Circle plans to increase its workforce by 15-25% in 2023 amid a sea of layoffs across the industry, reported the Wall Street Journal. At a time when a significant chunk of industry-wide firms is laying off staff to…
” ‘It would be absurd’ for a US court to rule private NFTs as securities: Lawyer “ Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a lawsuit against Dapper Labs’s NBA…
” Google Cloud partners with Tezos blockchain to develop Web3 tech “ Google’s cloud computing arm has added another string to its Web3 bow, with a new partnership to see it becoming a network validator on the Tezos blockchain. On Feb. 22, Tezos Foundation, a Swiss non-profit foundation supporting the Tezos blockchain announced it has teamed…
” New Canadian rules for crypto trading platforms leave little room for stablecoins “ The Canadian Securities Administrators (CSA) published a notice on Feb. 22 describing new commitments it expects from crypto asset trading platforms (CTPs) seeking registration in Canada. The CTPs will enter into a new version of preregistration undertakings (PRUs), which are legally…
” Tencent Cloud signs multiple collaboration agreements with blockchain firms “ According to a press release on Feb. 22, Tencent Cloud, the cloud computing branch of Chinese internet giant Tencent, announced that it had concluded multiple agreements with blockchain firms to support the active development of the Web 3.0 ecosystem. Firstly, Tencent Cloud signed a…
” Price analysis 2/22: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB “ The United States equities markets saw their worst performance of 2023 as concerned investors dumped stocks on Feb. 21, fearing continued rate hikes by the U.S. Federal Reserve. Although the cryptocurrency markets also gave back some of the gains, the…
” Bitcoin Lightning Network growth is organic, coming from real-world adoption “ The capacity of Bitcoin’s Lightning Network (LN) recently surpassed an all-time high of 5,000 Bitcoin (BTC). The Lightning Network is a neutral protocol built on top of Bitcoin, and it currently does not have a “native” token attached to it like many decentralized…
” TON blockchain freezes $2.6B worth of inactive tokens “ According to the results of a community vote on Feb. 22, users and validators of The Open Network (TON), a layer-1 blockchain previously created by Telegram, have voted to suspend miners’ wallets for four years if they are inactive and have never made an outgoing…
” France pilots in-store crypto payments as Binance partners with Ingenico “ Mainstream crypto and crypto-based services adoption continues, with more companies bridging traditional financial (TradFi) solutions with decentralized financial (DeFi) solutions. In an announcement on Feb. 22, a new pilot program launched between the crypto exchange, Binance and credit card service company Ingenico, allows…
” Ethereum Shapella upgrade gets new date, making way for un-staking ETH “ Ethereum core developer Tim Beiko announced the Shapella (Shanghai/Capella) upgrade is scheduled for Feb. 28. The Shapella network upgrade will activate on the Sepolia network at epoch 56832. Shanghai and Capella are the names of the upcoming Ethereum hard fork. Shanghai is…