Binance Labs, the investment arm of the leading global cryptocurrency exchange Binance, announced Wednesday that it has launched a $500 million fund to bolster web3 and blockchain ecosystems. The $50...
Tag: Altcoin
Is Solana Down? Network Suffers Fresh Downtime Amid Market Decline
The Solana mainnet has suffered a major outage in the hours leading up to press time. The outage was attributed to a bug that caused Solana node operators to start “generating different results for th...
KuCoin Exchange Announces KuCoin Wallet as a Holistic Web-3.0 Access Instrument
KuCoin – a leading global cryptocurrency exchange platform, launched its latest product – KuCoin Wallet. The decentralized digital asset storage application will be launched in late June, with its off...
Crypto Deals Boost NBA Sponsorship Revenue to $1.6B for 2021/2022 Season
Crypto deals helped the National Basketball Association (NBA) to reach an all-time high revenue of $1.6 billion in sponsorships for the 2021/2022 season, CNBC reported Wednesday. NBA Revenue Hits ATH ...
South Korea Plans to Establish Crypto Regulatory Policies to Prevent Another Terra-like Crash
A week after South Korea’s Financial Services Commission (FSC) called for a global alliance to work together to scrutinize cryptocurrencies, the country said it plans to set up regulatory policies for...
Be[In]Crypto Presents Its Top Seven Altcoin Picks for June
Be[In]Crypto looks at seven altcoins that show promise for the month of June and the developments surrounding their respective projects. IoTex (IOTX) Current Price: $0.039 Market Cap: $376 Million Mar...
What Is a Crypto Airdrop? How to Milk and Get Rich From It
A cryptocurrency airdrop is a process through which new or existing projects send out portions of their coins/tokens to the wallet addresses of many users who qualify to receive them. Some projects re...
Bangkok Police Arrests Six Men for Cryptocurrency Scam
The Nation Thailand on Tuesday disclosed that the Police Cyber Taskforce (PCT) of Bangkok has arrested six Taiwanese men for allegedly engaging in cryptocurrency fraud. According to the report, the s...
The Commission Says it Cannot Admit or Deny If Bill Hinman is Actually in the Video
As the long-running legal war between the United States Securities and Exchange Commission (SEC) and Ripple continues, we regularly get new portions of Ripple news. The Commission said it could not co...
Singapore to Explore Digital Asset Use Cases in New Pilot Program
The Monetary Authority of Singapore (MAS) announced Tuesday the launch of a pilot program dubbed “Project Guardian” to explore use cases for digital assets in asset tokenization and decentralized fina...
Crypto Startup Merge Raises $9.5M to Develop Its API Payments Platform
London-based crypto payments infrastructure provider Merge announced Monday it has raised $9.5 million in a seed funding round led by investment management company Octopus Ventures. Other investors in...
Ethereum Merge Test on Ropsten Successful, as Mainnet Inches Closer
Ethereum developers have recorded another milestone on the path to switching the network to a proof-of-stake (PoS) consensus mechanism. On Monday, developers successfully deployed the new Ethereum bea...
Binance Becomes a Registered Entity in Italy Amid Europe Expansion Plans
The world’s largest crypto exchange by trading volume, Binance, has received approval from Italian regulator Organismo Agenti E Mediatori (OAM) to operate as a virtual asset service provider in the co...
Terra Luna 2.0 Launches; Price Fails to Impress (Down 70%)
A few weeks after Terra’s blockchain fiasco that saw TerraUSD (UST) lose its peg to the U.S. dollar and its sister token, LUNA crashing, the team behind the project has now launched a new Terra networ...
Rapper Drake Gifts Fans $1M in Bitcoin During Livestream
Popular Canadian rapper Drake gifted his fans $1 million in BTC during a live session held in partnership with Stake.com. The award-winning artist made the kind gesture after winning over $18 million ...
Binance Acquires Highly-Coveted “Category 4” License in Bahrain
Two months after Binance received an operational license as a crypto-asset service provider from the Central Bank of Bahrain (CBB), the cryptocurrency exchange has also obtained the highly-coveted “Ca...
Crypto Analyst Says Bitcoin Capitulation Imminent, Updates Outlook on Ethereum, Solana and One More Altcoin
A closely tracked crypto strategist who continues to build a following with his bearish calls says it is almost time for leading digital asset Bitcoin (BTC) to ignite another huge sell-off event. Pseu...
Centralized vs. Decentralized Crypto Exchanges (Pros & Cons)
Centralized crypto exchanges are platforms that allow users to buy and sell cryptocurrencies within an infrastructure managed by the exchange company. On the other hand, decentralized exchanges allow ...
DeFi Tokens Under Fire As Altcoin Bloodbath Continues
The DeFi tokens market has been taking larger hits compared to Bitcoin since the crash began. This has obviously continued on to the point where most altcoins are down up to 90% from their all-time hi...
Crypto Entrepreneur Patrick Bazalaki Opens Colorado Altcoin Firm
Patrick Bazalaki is a Colorado-based entrepreneur and investor. He has tons of crypto experience – nearly ten years-worth – and is now opening his own altcoin firm. He’s hoping to share his trading kn...
Bitcoin is due for Notable Price Increase as Nasdaq Picks up Momentum
The previous intraweek session marked Bitcoin eighth week of consistent downtrends. Most traders and analysts are fearful of a greater decrease over the next seven days. However, there are several ind...
Bloodbath in Altcoin Space, Ethereum (ETH) and Other DeFi-Linked Altcoins Are Crashing
It’s yet another of carnage on Satoshi Street as the broader cryptocurrency market is down by 6% led by a steep fall in the altcoin space. The Ethereum (ETH) price crash has further intensified with E...
According To A Top Trader One Under The Radar Altcoin Will Arise As The Winner Of The Terra (LUNA) Crash
During periods of bad market circumstances, when a few names soak up the lion’s share of speculative flows, Tron has a history of pumping. The risk/reward ratio of backing a resurgent Justin Sun, who ...
Why is STEPN (GMT) Dumping? Move-to-Earn App Bans China Users
The price of STEPN (GMT) has dropped by near 40% following news that the Solana-based Move-to-Earn application will ban users from mainland China. According to a Thursday Twitter post, the ban was imp...
Binance, Huobi and Other Crypto Exchanges Will Support Terra’s Hard Fork on May 27
Two weeks after controversial Do Kwon revealed plans to revive the Terra ecosystem by building a new protocol known as Terra 2.0, about 65% of the Terra community has agreed to the proposal. How it St...
Tether Launches Stablecoin Pegged to the Mexican Peso
Tether, the issuer of USDT, the world’s largest stablecoin by market cap, has launched a new stablecoin pegged to the value of the Mexican peso, the company announced Thursday. Tether Launches Its Fo...
Cryptocurrency Portfolio Tips for 2022. What to Invest In?
Although the crypto market is a risky venture, it can bring you great profit if you invest properly. Besides learning when’s the right time to buy or sell or whether to HODL or not, you also need to p...
Ether leads altcoin rout with $520m in liquidations
For most things in crypto, it’s an all-red sea, with Ether, Solana, and Avalanche cryptocurrencies taking a beating. Traders are confused, but the indications of a lack of demand for Ethereum have bee...
Crypto Analyst Says Altcoin Bulls Are Taking a Dangerous Gamble As Bitcoin Dominance Surges – Here’s Why
A popular crypto analyst says altcoin bulls could be taking on huge amounts of risk as Bitcoin (BTC) continues to weigh down the market. In a new video, Jason Pizzino tells his 267,000 subscribers tha...
What is STEPN (GMT)? A Simple A-Z Guide for Starters
STEPN is a popular Solana-based Move-to-Earn (M2E) mobile app that rewards users with crypto tokens for engaging in outdoor fitness activities such as walking, jogging, and running. Launched in March ...