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...
Tag: crypto exchange
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...
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 ...
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...
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...
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 ...
Ripple Will Consider Going Public After SEC Lawsuit, Brad Garlinghouse Says
Brad Garlinghouse, the CEO of Ripple Labs, has revealed that the company will consider launching an initial public offering (IPO) after its ongoing case with the United States Securities and Exchange ...
Hong Kong-Based Crypto Startup Babel Finance Hits $2B Valuation After Raising $80 Million
Hong Kong-based crypto financial services provider Babel Finance has raised $80 million in a Series B funding round at a $2 billion valuation. Babel Hits $2B Valuation The round was led by global inve...
Bitcoin to Return to Fair Value Price Around $38,000
Analysts at popular U.S. investment bank JPMorgan predict that Bitcoin will overturn current bearish sentiments to return to its fair value price. According to a note released to investors on Wednesda...
Central African Republic to Launch First Crypto Investment Hub Dubbed “SANGO”
A month after adopting bitcoin as a legal tender, the Central African Republic (CAR) has announced plans to launch its first cryptocurrency investment hub. CAR’s First Crypto Hub Archange Touadera, th...
Uniswap Hits New Milestone, Crosses $1 Trillion in Historical Trade Volume
Ethereum-based decentralized finance (DeFi) protocol Uniswap announced a new milestone on Tuesday, noting that it has crossed $1 trillion in trading volume in less than four years since it was launche...
Billionaire Ray Daylio Hails Bitcoin’s “Tremendous Achievement” and Potential
Ray Dalio, founder of American investment management firm Bridgewater Associates, praised Bitcoin during a CNBC’s Squawk Box interview, noting that the leading cryptocurrency has achieved a tremendous...
South Korea to Strengthen Global Cooperation for Better Crypto Regulations
South Korea’s regulator, the Financial Services Commission (FSC), is planning on strengthening its global cooperation in a bid to better regulate the cryptocurrency sector, local media reported Tuesda...
Bitcoin Could Bottom at $8,000, Says Guggenheim’s Scott Minerd
Scott Minerd, founding managing partner and chief investment officer (CIO) of global investment and advisory financial services firm Guggenheim Partners, believes that bitcoin (BTC) could trade as low...
Earn $1200 by Being Part of the Most Active Community!
Hey, guys, something really cool is coming up soon! SimpleHold team has prepared a cool event for you – a very special tournament to find the best crypto community ever! Why should you take part? The...
Crypto Is “Worth Nothing” and Should Be Regulated, ECB President Says
European Central Bank (ECB) President Christine Lagarde recently shared her stance on cryptocurrencies, noting that digital assets are not only risky but also worthless, Bloomberg reported last weeken...
French Luxury Brand Balenciaga to Accept Crypto Payments
Popular fashion brand Balenciaga has joined a growing list of fashion giants to adopt cryptocurrencies as payment options, Women’s Wear Daily reported Monday. Balenciaga Announces Crypto Payments Foun...
Elon Musk Deep Fake Promoting Fraudulent Crypto Trading Platform
With a surging amount of interest being given to the crypto space in recent times, bad players in the industry continue to devise new ways to defraud unsuspecting investors of their funds. According ...
Terra Do Kwon Faces Fraud Lawsuits From Investors And $78M Tax Evasion Fine
As the Terra saga continues to unfold, the project’s founders have become the target of the crypto industry’s ire. In the aftermath of Terra’s catastrophic failure, South Korean investors are currentl...
Whoever Designed Terra Minting Dynamics Should Have Their Head Checked
Binance CEO Changpeng Zhao (CZ) recently shared his thoughts on the downfall of the Terra ecosystem. While CZ believes there are many lessons to be learned from the cataclysmic event, he highlighted s...
Crypto Research Firm Delphi Digital Admits to “Significant” Losses During Terra Crash
Delphi Digital, a U.S.-based crypto research and investment company, said it lost a “significant” amount of funds to the infamous Terra crash earlier this month. The firm shared a detailed report exp...
Andreessen Horowitz (a16z) Launches $600M Gaming Fund With Allocation to Web3
American venture capital firm Andreessen Horowitz (a16z) has announced a new $600 million gaming fund dubbed GAMES FUND ONE with allocations to Web3 startups. a16z Launches $600M Gaming Fund In an off...
KAVA Jumps 13% as DOT and DOGE Sees Little Improvements
Kava and other cryptocurrencies are seeing more buying pressure. This has resulted in an increase in their prices. KAVA, for example, has surged by more than 13% over the last 24 hours. The push saw t...
Avalanche Loses $60M in LUNA-UST Fiasco, Founder Compares Terra’s Crash to Mt Gox Hack
Terra’s crash last week left many investors scratching their heads and counting losses. Other crypto projects and investment firms that partnered with Terra were also affected and are reporting major ...
CFTC Charges Two Individuals for $44 Million Cryptocurrency Fraud
The United States Community Futures Trading Commission (CFTC) has charged two US residents, Sam Ikkurty and Ravishankar Avadhanam, for their involvement in a cryptocurrency ponzi scheme that stole ove...
Vitalik Buterin Confirms Launch of Ethereum Merge in August
After a series of postponements from the Ethereum developers, co-founder Vitalik Buterin has confirmed that the long-awaited Ethereum Merge could happen in August 2022. Speaking at the Ethereum Shangh...
Bill Gates Says He Doesn’t Own Crypto Because It Doesn’t Add Value to Society
The legendary founder of Microsoft and the world’s fourth-richest person, Bill Gates, has recently bashed bitcoin and other cryptocurrencies, saying that they have no value and do not contribute anyth...