The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
Tag: crypto exchange
Top 12 Solana NFT Marketplaces (To Flip NFTs Now)
There are several Solana NFT marketplaces with different features. This diversity might make it difficult to choose and force first-time non-fungible token (NFT) investors to go on the hunt for the be...
How to Participate on Hoskinsea Seed Round Whitelist as Token Sale Begins
It’s been barely two months since the inception of Hoskinsea NFT Marketplace of which we have made a convincing progress towards the development of our products and marketplace. At the moment we are w...
Binance Funds Elon Musk’s Twitter Acquisition With $500 Million
Leading global cryptocurrency exchange Binance has joined the list of companies that have invested in the recent $44 billion acquisition of Twitter made by the Tesla CEO, Elon Musk. Binance Provides $...
Former BitMEX CEO Arthur Hayes Asks For No Jail Time After Pleading Guilty
Arthur Hayes, the former CEO and co-founder of cryptocurrency derivatives exchange BitMEX, who pleaded guilty to violating the United States Bank Secrecy Act, is asking the court for no jail time and ...
The Flippening – Ethereum Overtakes Bitcoin in 26% of Countries Worldwide
London, UK, May 4th 2022 – CoinText.com has compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countri...
Binance Acquires French Regulatory License in EU Push
Leading global cryptocurrency exchange Binance has received approval from the French Financial Service Coordinator, Autorité des marchés financiers (AMF), according to a Wednesday release from the fi...
Rick Ross Taunts Crypto Investors; Shows Off New House
Popular American hip-hop artist, Rick Ross, recently taunted crypto investors in a recent viral video, stating that he does not believe that they are actually rich. According to the Maybach Music Grou...
Solana-based Move-to-Earn Platform STEPN Hits 2.3 Million Active Users
STEPN, a popular move-to-earn platform built on Solana, has hit the 2.3 million active user mark, the project announced Tuesday. STEPN Sees Significant Adoption The move-to-earn platform has been in...
Elon Musk Changes Twitter Profile Pic to “Kinda Fungible” BAYC Collage
Elon Musk, CEO of Tesla, recently changed his Twitter profile picture to one with a collage of Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs). (Elon Musk BAYC Collection PFP) The move added f...
Liechtenstein’s LGT Bank ($290B in Assets) Launches Crypto Investment
LGT Bank, the largest global private banking and asset management group owned by the Princely House of Liechtenstein, announced its partnership with Switzerland’s SEBA Bank to offer cryptocurrency in...
Acardex Begins ACX Token Pre Sale to Early Buyers as Staking Platform Goes Live on Cardano
Acardex announces the successful Beta release of acardex staking platform on Cardano testnet. A big thanks to our community for their continued support and patience as we worked to push this across th...
US SEC Doubles Crypto Division Workforce to Enhance Investors Protection
The United States Securities and Exchange Commission (SEC) has nearly doubled the number of positions available in its Crypto Assets and Cyber Unit, a special division under the Division of Enforcemen...
Crypto ‘Detective’ (Zachxbt) Recovers $50K Stolen From Solana Investor
A Twitter user with the handle, @zachxbt recently helped a cryptocurrency investor recover $50,000 out of $240,000 worth of stolen funds. Zachxbt a self-named crypto ‘detective’ has become popular for...
India Plans to Impose 20% Tax on DeFi Transactions
India’s Central Board of Direct Taxes (CBDT) is planning on levying a 20% tax on interest earned from investing in decentralized finance (DeFi). Local news agency, the Economic Times, reported the dev...
Self-Named Satoshi Craig Wright Sues Coinbase and Kraken Over IP Claims
Self-proclaimed Bitcoin creator Craig Wright has filed a petition against two major cryptocurrency exchanges, Coinbase and Kraken. The petition over intellectual property claims was filed on 29 April ...
One Billion People Will Use Crypto Within the Next 10 Years
Brian Armstrong, the CEO of popular cryptocurrency exchange Coinbase, said at the ongoing Milken Institute Global Conference on Monday that one billion people would have used or attempted to use crypt...
T.E.A.M DAO Raises $5M Series a Round Led by Krust Universe and Animoca Brands
T.E.A.M DAO (TEAM), the metaverse’s first Guild 3.0, announced today that it has raised $5 million in a Series A round of funding co-led by Krust Universe and Animoca Brands, with participation from G...
CryptoCom Takes U-Turn on Card Staking Rewards Following Complaints From Aggrieved Users
Popular cryptocurrency exchange CryptoCom has taken a u-turn to readjust the CRO rewards on its visa card after receiving a severe backlash from aggrieved customers. The exchange had previously announ...
ETH Layer-2 Fees Must Get to $0.05 to be Acceptable
Vitalik Buterin, the founder of Ethereum, has recently opined that the gas fee charged on Layer-2 solutions has to be reasonably low to be acceptable. Buterin made his statement in reply to a tweet by...
“Hard Not to Bullish on Crypto”
Legendary American billionaire hedge fund manager Paul Tudor Jones is backing the cryptocurrency industry to succeed in the long-term despite growing macroeconomic tensions. In a Tuesday CNBC appearan...
Algorand Will Become the Official Blockchain Sponsor of FIFA World Cup 2022
Blockchain technology company Algorand has inked a sponsorship and technical deal with Fédération Internationale de Football Association (FIFA), the international governing body of association footbal...
How Do Cryptocurrency Exchanges Work?
Buyers and sellers can trade crypto assets on a cryptocurrency exchange. If you want to trade crypto, you’ll have to do so through a crypto trading platform because, for the time being, just a few tra...
Video Startup Angel Studios Discloses $10.6M Bitcoin Investment
The community-driven movie streaming platform, Angel Studios, has recently revealed in a filing with the U.S. Securities and Exchange Commission (SEC) that it purchased Bitcoin worth more than $10.6 m...
Ethereum Name Service (ENS) Crosses One Million Registered Domain Names
The Ethereum Name Service (ENS) has just crossed one million registered domain names, which is a significant milestone for the company. ENS domain names enable users to represent traditional addresses...
Nexo Co-Founder Confident $30,000 is Bitcoin’s Floor Price
In an interview with CNBC on Monday, Antonio Trenchev, the co-founder and managing director of cryptocurrency lending platform Nexo, said he is confident that Bitcoin (BTC) will not go below the $30,0...
Price Analysis 5/1: BTC, ETH, BNB, SOL
The previous intraweek session was referred to as “unfruitful” as BTC and other cryptocurrencies failed to record any significant increases. The market closed almost the same way it opened, leading to...
Why Is Solana Down? Network Suffers Second Major Outage
The Solana blockchain network suffered a major outage in the hours leading up to press time. The current downtime is attributable to a known issue of increased bot usage, a plague that has afflicted t...
What is Solana (SOL)? Go From Newbie to Expert in Minutes
Solana is an open source blockchain network with smart contract functionality that allows developers to create decentralized applications (dApps). It is a third-generation blockchain network powered b...
Ethereum Domain Name Sold as NFT for $160,000
A three numeric Ethereum Name Service (ENS) domain dubbed 555.eth has just been sold for 55.5 ETH worth over $160,000. It now holds the record for the most expensive ENS domain ever sold. Ethereum Na...
DeFi Lender Fei Protocol Suffers $80M Security Breach
Fei protocol, an Ethereum-based decentralized exchange, has suffered an extensive security breach a year after it merged with RAri Capital, a lending and borrowing protocol, smart contract analysis fi...
Swiss National Bank Deliberates on Bitcoin as Reserve Currency
The Swiss National Bank (SNB) disclosed at the central bank’s annual meeting on Friday that it does not consider Bitcoin ideal as a reserve currency. This deliberation, while not positive at this time...