THE DAILY ENCRYPT

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Coinbase Supports Solana Tokens And NFTs. What’s Next?

Coinbase Wallet just added support for the Solana (SOL) ecosystem and it also plans to further support NFTs and DApps in the near future. Solana And Coinbase The self-custody wallet introduced its initial phase of support to the ecosystem by allowing users to send, receive, and store SOL and SPL tokens through its browser extension.

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Crypto Bull V. Matador: Chainalysis & Sen. Warren Argy-Bargy

Co-founder of Chainalysis Jonathan Levin attempted to counterargument the anti-crypto narrative used by U.S. Sen. Elizabeth Warren, but he was constantly interrupted by the senator who seems reluctant as ever to change opinions. During the hearing “Understanding the Role of Digital Assets in Illicit Finance”, Sen. Warren presented a hypothetical scenario about the use of

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LUNA Sees 17% Loss In One Week, UST De-Peg Rumors Affect Its Price?

As the crypto market sees some relief over the past week, the price of LUNA trends to the downside. The worst performer in the top 10 by market cap, the Terra native cryptocurrency appears at risk of further downside. Related Reading | What’s Behind LUNA’s Rally, Could Its Price Decouple From Bitcoin? At the time …

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Cardano (ADA) Attains 9th Position in Market Valuation During Ecosystem Inflows

With a market valuation of $28.68 billion, Cardano (ADA) has claimed the 9th position in cryptocurrency market capitalization, surpassing Avalanche (AVAX). Despite recent inflows into its ecosystem, the coin beat Avalanche’s $22.28 billion to attain the title of 9th largest coin. As the value of Cardano’s ecosystem has skyrocketed, so too have funds flowing into …

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Bank of Russia Allows Sberbank to Issue Digital Financial Assets

Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market. Sberbank Added to Central Bank’s Register of Crypto Asset Issuers The Central Bank of Russia (CBR)