Crypto News
All Vasil Features Goes Live On Cardano Mainnet As ADA Turns Five
Days after the launch of the long-anticipated Vasil hard fork, the Plutus V2 cost model finally went live on the chain. Input Output Global (IOG), the development team behind the Cardano network, disclosed this in a tweet on Tuesday.
thecryptobasic.com
Pump and Dump: Bitcoin (BTC) Crashes With Trading Volumes At 3-Month High
After a strong push above $20,000 on Tuesday, Bitcoin has failed to hold those levels and crashed once again. the Bitcoin price is down 6.36% at press time and currently trading at $18,774 with a market cap of $358 billion.
coingape.com
The Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform.
South Korean crypto project Klaytn would provide rebates on gas fee payments made by gaming companies building on its network, it said on Wednesday during the ongoing Token 2049 conference in Singapore.
coindesk.com
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.”
bitcoin.com
Fed's Powell: DeFi needs appropriate regulation before expanding to retail
United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of decentralized finance (DeFi) and its impact on the traditional finance ecosystem, calling for appropriate regulation.
cointelegraph.com
Crypto-lender Nexo faces charges from eight U.S states
Switzerland-based crypto-lender Nexo is facing simultaneous enforcement action from eight different U.S states over varying allegations. Actions include cease and desist orders, administrative measures etc.
ambcrypto.com