Following the fall of the Terra UST, another token has its top position. News has it that the DAI token has emerged as the biggest decentralized stablecoin. The token has the largest market valuation in the DeFi community. Also, its issuer, MakerDAO, has gained the top position as the largest DeFi platform by TVL. MakerDAO’s […]
A NFTs holder lost 29 of his Moonbirds NFTs Collection earlier this week. The phishing attack occurred just a few days after Beeple’s attack. In the previous one, Beeple’s Twitter account was hacked, and those who clicked the pasted links lost their funds. The hackers raked in cryptos and NFTs worth $438K from victims. 29 […]
The Statistics From KuCoin’s Research Lab Data from KuCoin research house showed the numbers of U.S. citizens adopting Blockchain technology continues to grow rapidly. It also revealed that both the young and adult generations are actively growing their finances daily via the crypto industry. The data also entails the statistics of users’ investment sentiment for […]
Solarisbank Lends A Helping Hand Banking-as-a-service provided by Solari’s fintech is assisting Binance in winning over regulators in Germany in the country. Solarisbank is contributing to an international effort to convince various regulatory bodies. According to the Chief Executive Officer of Solarisbank, the financial technology company’s partnership with Binance dates back quite some time. He mentioned […]
The U.S. regulatory body, SEC, has requested the presiding judge over the current SEC vs Ripple case for an extension. The release of the motion had a negative impact on the price of Ripples’ token, XRP. It experienced a downtrend of 1.30% in price as at the time of publication. SEC Requests Court To Extend […]
A Twitter user, Cardano Whale, has taken to his handle to encourage institutional investors to buy more $ADA. The user is a popular Cardano enthusiast. He explained some reasons why Cardano is suitable for long term investors interested in the project via his tweet. Cardano Whale And Other Enthusiasts Encourage Investors to Bag $ADA On […]
According to the 24 hours price chat, LUNA has gained more than 40% rise in price as its community burnt their tokens in millions. However, Do Kwon, the founder of Terraform Labs, had advised LUNA holders against such action as he said that it might cost them their tokens. Do Kwon Advise Holders Against Burning […]
A New Partnership Ripple looks to expand its reach by teaming up with Lithuanian company FINCI. Ripple will make available RippleNet’s ODL services that use XRP to link two currencies, which reduces the cost of operations and speeds up transactions compared to traditional ways. The collaboration rests upon the use of RippleNet’s international payment network […]
In an interview, Christine Lagarde, the head of the European Central Bank, made it quite plain where she stands concerning the value of digital assets. Head Of ECB Label Cryptos As Worthless According to a survey by Politico, the head of the ECB noted her position on crypto. The ECB head stated that digital assets […]
UK cryptocurrency market regulators are currently investigating Terra’s plunge. It began amid the recent cryptocurrency market massacre. The leading cryptocurrency in the market, BTC, fell as low as $26,000 during the market downturn. At the same time, Terra fell by about 100%. Terra’s Meltdown Under Investigation as UK regulators Consider New Crypto Rules While regulators […]
A prominent cryptocurrency exchange, FTX, is getting into the stock trading business. Soon, its users will be able to trade equities and exchange-traded funds on the platform. Only A Few Users In The United States To Enjoy The Service The Wall Street Journal reports that the firm Sam Bankman-Fried helped establish and serve as its […]
CBA’s Crypto App Plan As previously mentioned last year, Australia’s biggest bank disclosed plans to let its users carry out crypto-related transactions on its app. It has been taking its plan to develop the project but as not stated a particular time it will finally launch the project to the public. It also has plans […]
Cardano’s price appears to hold the line following the 57% slump to $0.384. Nevertheless, the immediate obstacle at $0.677 might limit further recovery by ADA. A daily candle closing beneath $0.397 will annul the already precarious optimistic tale. Cardano sees its price staying well beyond the latest swing low that printed a possible bottom […]
The Recent Terra Drop Portrays Private Instruments as Just an Illusion Panetta in a statement noted that recent developments in the crypto industry show that believing in the usage of private instruments as money is just an illusion, since they cannot be exchanged at the same value as public funds at any time. He also […]
On Wednesday, orders were issued to five different metaverse casinos, instructing them to stop the sales of NFTs. Five US regulatory authorities acted fast to close a metaverse casino suspected of having relations with Russia and forced the casino to cease selling NFTs. Five jurisdictions throughout the country collaborated to simultaneously fulfill the orders. State […]
Nubank Invests In Bitcoin According to a statement released by the firm on Wednesday, Nubank, which is the biggest online bank in Brazil, is now enabling users to purchase, trade, and keep BTC through its phone app. Additionally, the financial technology business will invest 1% of its shares in BTC through its mother company, Nu […]
With the chaos in the cryptocurrency market this year, it’s a surprise that a certain coin is still able to make money while others like bitcoin and Luna are making considerable losses and finding it hard to get out of the situation in which they find themselves. Considering this is just the first Quartile, the […]
Fraudulent individuals are making use of the attention digital currencies are receiving in Turkey. These individuals have devised a way to make use of the largest crypto company to its advantage. How The Scam Works The scammers have placed multiple billboards displaying Binance-related ads, hoping to gain from the recent popularity the business has achieved […]
Binance’s expansion plans have met new challenges after Spain’s regulators asked the exchange to reduce its derivatives offerings. On Friday, the National Securities Market Commission told the globe’s largest trading platform to limit its derivatives services in the nation. Derivative trading is the speculation of the potential value of an underlying asset through the selling […]
The founders of Bitmex were fined $30M for unlawfully running a BTC derivatives trading platform and anti-money laundering offenses, according to the court. Arthur Hayes, Samuel Reed, and Benjamin Delo all have to pay $10M. The Founders of Bitmex Have Been Fined $30M For running an unlawful bitcoin derivative trading platform and anti-money laundering offenses, […]
