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Key Takeaways: Crypto.com informed clients that it had stopped USDC and USDT deposits and withdrawals on Solana.In an email to users, the platform explained that the decision was made in the wake of recent events in the sector. Customers were informed by Crypto.com that USDC and USDT deposits and withdrawals on the Solana blockchain had been halted due to recent events in the sector. The Solana chain has already gone up from $21 to $30. Users of the platform have now received confirmation via email that certain deposits and withdrawals won’t be allowed using the blockchain. One of the cryptocurrencies…
Pundi X, a blockchain payments startup, recently announced that its “On-chain payment” function within its XPOS crypto point-of-sale platform is now known as “Cashier Pro” and available for all merchants. Cashier Pro enables merchants to accept crypto payments from 3rd party blockchain wallet users across multiple blockchain networks, including Bitcoin Lightning Network, BNB Chain, Ethereum, and Tron. Among them, Bitcoin Lightning Network and Tron blockchain are two new networks that were requested by XPOS distributors and merchants. “We’re constantly looking for ways to improve our XPOS machines and there was no better way to do that than having Cashier Pro support…
Key Takeaways: The company fired more than 11000 employees on November 9, 2022, according to a message posted by Meta CEO Mark Zuckerberg, cutting the company’s workforce by about 13%.Zuckerberg emphasised the need for the company to increase capital efficiency and stated that resources would be shifted to “high priority growth areas.” Having followed discouraging profits and a decline in revenue, Facebook’s parent company Meta today announced that it would let go of more than 11,000 employees to cut costs. “I’m going to list some of the most challenging modifications we’ve ever made to Meta today. I’ve made the decision…
The differences between private and public keys are important to understand. While it’s not necessary to be an expert on the complex cryptography that goes into key creation, it’s beneficial to understand the overarching theory behind their use. At the very least, you’ll know a bit about what’s going on behind the scenes when you buy, sell, or trade cryptocurrency and why it’s essential to keep your private key private. Table of Contents Encryption BasicsWhat Is a Private Key?What Is a Public Key?How a Private Key and a Public Key Work TogetherCore Differences Between a Private Key and a Public…
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Following the latest Binance-FTX saga, the price of FTT decreased heavily by 83% today alone, as it now trades below $5. Over $80 billion was wiped out from the overall crypto market capitalization within just 5 hours of trading, putting the market in a severe bearish condition. The current liquidation of the FTX token has caused a staggering loss in price as the market made a sharp nosedive to the $2.51 level. However, it has recovered a bit to around $5, but the sellers are still showing strong interest. There’s no hope for significant recovery at the moment as more…
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