Crypto News

Starling Bank to lift ban blocking payments to crypto exchanges

In the latest development, banks were holding on transfers to cryptocurrency exchanges by suspending the payments. This move came amid the rising fear of financial crime opportunities for unruly.  Major banking institutions in the UK, including Barclays, Monzo, and Starling, blocked their users from transferring money to cryptocurrency exchanges like Binance and SwissBorg.  In an …

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Gaming retailer GameStop is building an NFT platform on Ethereum

GameStop has quietly unveiled a new web portal for a non-fungible token (NFT) platform. “We are building a team” the page declares, stating: “We welcome exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders. If you want to join our team, send your profile or something you’ve built to: nfteam@gamestop.com.” The exact scope of the project …

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Elon Musk Says Lightning Network ‘Needed’ to Scale Bitcoin for Now

Elon Musk has jumped into the bitcoin (BTC, +1.36%) scaling debate on Twitter, saying the layer 2 payments Lightning Network is “needed” for now. “Layer count depends on projected bandwidth & compute, both rising rapidly, which means single layer network [e.g. Bitcoin alone] can carry all human transactions in future imo,” the Tesla CEO tweeted Friday. Until then, however, Lightning …

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Gaming Giant Ubisoft Joins Tezos Ecosystem as Corporate Validator

The video game giant behind Assassin’s Creed and Far Cry will help the Tezos blockchain to “bake” new blocks as a corporate validator. In brief Game publisher Ubisoft is now a corporate validator in the Tezos ecosystem. Apart from helping maintain the network, the company is experimenting with liquid proof-of-stake algorithms. French video game publisher …

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