Riyoshi, the anonymous founder of the Shiba Inu cryptocurrency is being assumed to have left behind the crypto world. After posting a cryptic exit message on a Medium blog, Riyoshi’s Twitter account was wiped off clean. Rumours claim that the post was not published by the real Riyoshi, and could be a scam-in-the-execution. As per SHIB developers, even if Riyoshi has…

Italian fashion label Prada will be airdropping special NFTs to the buyers of the shirts from its upcoming Timecapsule collection. These NFTs will be GIFs of a black or white pill capsule. They will be supported by the Aura Blockchain Consortium, a non-profit blockchain designed by three luxury brands — LVMH (Louis Vuitton parent), Prada, and Cartier.

Headquartered in Dallas, US, MoneyGram offers online and in-person domestic and international money transfer with 42 years of industry presence. Its CEO Alex Holmes recently voiced his predictions on the bright future of the crypto sector. The company is now enabling users to send remittance amounts as USD Coin that could be cashed out into fiat currencies instantly.

Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the Ruble’s digital counterpart. The Russian central bank had initially planned to begin the Digital Ruble pilot with actual transactions and users in 2024, but it has now been agreed to do so in April 2023.

Cryptocurrency prices today saw bulls pushing Bitcoin beyond the $31,600 (roughly Rs. 24.5 lakh) mark as China decides to ease Covid curbs. Ether and several other major altcoins saw a major uptick in value to end the month after a sharp decline throughout the month of May.

More people in the United States than ever before are turning to cryptocurrencies to help fund their retirement, it seems, even as the recent market carnage provides a stark reminder that this wild market is not for the faint-hearted, according to a report.

A total of $4.5 million (roughly Rs. 34 crore), wrapped in e-CNY, will be airdropped in China’s Shenzhen city till June 9. People will be able to use their e-CNY tokens to pay for food, clothing, housing, and transportation. China is expanding its Digital Yuan adoption programme in more cities to get more people to use its CBDC.

Vitalik recently shared his thoughts on the future of algorithmic stablecoins in the wake of TerraUSD’s failure. While he believes that skepticism and scrutiny of existing protocols is “highly welcome,” he says that recent attempts at permanently dismissing all automated stablecoins are unwarranted.

The government will soon finalise a consultation paper on cryptocurrencies with inputs from various stakeholders and institutions, including the World Bank and the IMF, says Economic Affairs Secretary Ajay Seth. He also underlined the need for a global response to deal with issues concerning cryptocurrencies as these operate in the virtual world.

Nike is delving deep into exploring the use cases of Ethereum Name Service (ENS) domains. The ENS is a distributed, open, and extensible naming system capable of mapping human-readable names like ‘xyz.eth’ to machine-readable identifiers. Artifacts.eth, rtfkt.eth, skinvial.eth, drmos.eth, mintvial.eth, and dreamos.eth are among other ENS domains under Nike’s hol…