There were some positive developments on the crypto market last week. In particular, the cut in interest rates by the US Federal Reserve (Fed) had a positive effect, with the reduction of 50 basis points leading to several cryptocurrencies rising significantly in price.
The banks are looking to give the Swiss financial system a bit of a makeover to make it more competitive in the digital age.
There's a chance that the wrapped bitcoin derivative cbBTC will be launched on Solana soon. This was announced by Coinbase at Token2049.
In Germany, 47 crypto exchanges were shut down because they were involved in cybercrime. The exchanges helped their customers to launder money. They did not ask for proof of identity.
Shiba Inu would like to point out that a significant number of BONE tokens currently locked in validators are expected to be issued as knBONE on Shibarium soon. This move aims to increase liquidity in the Shibarium system and provide developers and projects with the opportunity to integrate knBONE through staking pools and NFTs.
The Ethereum Foundation's sales are causing a stir in the industry - from cautious interest to enthusiasm. Vitalik Buterin has just sold Ethereum again, just as the foundation is currently carrying out Ethereum transactions.
Pavel Durov said that it stops people coming up with new ideas when company leaders are held responsible for how their platforms are used by other people.
Samsung has invested in Startale Labs because the Web3 company offers tools that make it easier for people to get involved, even if they don't have a lot of money to spend. Recently, Startale announced a partnership with Sony to develop and implement Sony's L2 blockchain, Soneium.
The new Soneium project is a layer 2 network on the Ethereum blockchain using Optimism's OP stack.
Tezos, the self-upgrading proof-of-stake (PoS) blockchain, has announced a significant new upgrade named “Tezos X.” This enhancement is a key part of the project’s roadmap aimed at increasing usability and utility.
A Short Article about the Crypto Bloclchain.
