Day: February 22, 2023

Cointelegraph’s Top 100 unveils 3rd place in 2023 ranking

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Cointelegraph kicks off the final three spots in its annual Top 100 list, revealing each of the top 3 individually. Taking the No. 3 spot is Binance founder and CEO Changpeng “CZ” Zhao. Zhao leads one of the crypto industry’s largest organizations, Binance — a crypto exchange that has its hand in several other industry endeavors. Zhao took the No. 51 spot on Cointelegraph’s 2022 Top 100 list. The CEO has talked favorably about decentralization, despite Binance being a major player in the centralized crypto exchange space. DISCOVER COINTELEGRAPH’S TOP…

Binance Partners Ingenico for Payment Solutions in France

It is expected that somewhere along the line, both parties will come up with a bigger solution that will allow payments to merchants in fiat currency. Crypto industry giants such as Binance have continued to exert their dominance despite the industry’s recent slump. According to a Twitter announcement, Binance has struck yet another partnership deal with Ingenico for digital assets payment solutions in France. This partnership follows after the cryptocurrency exchange recently obtained regulatory approval in the region. For what it’s worth, Binance is keen on expanding its tentacles across…

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead – Technology Bitcoin News

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Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain. Digital Collectibles Are Now Possible on Litecoin Proponents of the cryptocurrency network Litecoin (LTC) were pleased to hear that Ordinal inscriptions are now possible on the network. Software developer Anthony Guerrera accepted a challenge to…

Klaytn Foundation Proposes Slashing KLAY Supply by 50%

Besides the deflationary approach to increase the value of KLAY, the protocol also revealed that it is committed to increasing the utility of the digital currency beyond its use as a gas fee. The Klaytn Foundation, the blockchain startup in charge of maintaining the Klaytn Blockchain’s code, has proposed cutting the total supply of the KLAY token by 50%. According to a Coindesk report, the demands were contained in a tokenization optimization proposal that will impact the core outlook of the protocol. The proposal is up for voting by the…

Tencent Cloud to Introduce New Products for Web3 Builders in Support of Greater Decentralized Tech Push

Tencent Cloud has expressed commitment to building, supporting, and growing the global Web3 community. Tencent Cloud recently announced its support for the global Web3 ecosystem development. The cloud business by Tencent also introduced new products to facilitate Web3 creation and consolidation. Tencent Cloud expressed its commitment at the first global Web3 summit, with Poshu Yeung, Senior Vice President saying: “At Tencent Cloud, we see a future with Web3, a new iteration of the internet that ushers in the concept of ‘Immersive Convergence’ where the physical and digital economies meet and integrate.” Yeung also pointed out…