Litecoin Surges with Record Ordinals and Price Uptick
Litecoin breaks its bearish trend as it reaches 25 million Ordinals inscriptions, accompanied by a 5% price increase and growing network activity.
Blockchain
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SEC Sues Consensys Over Unregistered Crypto Services
The U.S. Securities and Exchange Commission has filed a lawsuit against blockchain technology company Consensys, alleging unregistered broker activities through its MetaMask swaps service and crypto staking programs.
Nubank Brings Bitcoin Lightning to Latin America
Brazilian neobank Nubank partners with Lightspark to integrate Bitcoin Lightning Network for its 100 million Latin American customers, aiming to offer faster, cheaper transfers via blockchain.
Tether Shifts Focus: USDT Minting Halted on EOS and Algorand
Tether has announced the cessation of USDT minting on EOS and Algorand blockchains, citing a strategic shift towards supporting networks with growing communities. This move follows similar actions taken last year on Bitcoin, Bitcoin Cash, and Kusama.
NFT Sales Drop 21% as Crypto Market Slumps
Global NFT sales declined 21% this week, reaching just over $100 million across 21 blockchains, with Ethereum leading despite the overall market downturn.
Teleport: Revolutionizing Ride-Sharing with Blockchain
Teleport, a new ride-sharing app on the Solana blockchain, offers drivers significantly lower fees than Uber, potentially disrupting the industry with its transparent, secure, and cost-efficient model.
Polygon POS Dominates NFT & Gaming Transactions in Q1 2024
Polygon POS witnessed a surge in NFT sales and gaming transactions in Q1 2024, solidifying its position as a vital platform for digital asset transactions. The DraftKings Reignmaker collection dominated NFT sales, while the Polygon Origin Pass led the overall sales volume.
Ripple Launches Fund to Boost Blockchain Innovation in Asia
Blockchain firm Ripple has launched a new fund aimed at driving innovation on the XRP Ledger and expanding its presence in the Japanese and South Korean markets.
Espresso Cash Enables Multi-Chain USDC Transactions
Espresso Cash now allows users to pay or request USDC stablecoin on various blockchain networks, not just Solana, bringing enhanced flexibility to USDC transactions within the DeFi space.
Blockchain Sweeps Corporate World, U.S. Faces Talent Deficit
Coinbase’s latest report reveals a significant surge in blockchain adoption among Fortune 500 companies and small businesses, with real-world asset tokenization driving this trend. However, the U.S. lags behind China in corporate blockchain initiatives, hindered by a shortage of talent in this field.