The price of LUNA2 shot up from $2 to as high as $3.58 during the day. The sudden spike in its price caused the liquidation of almost $4 million worth of trades on Bybit and Binance. In addition, ther...
Tag: crypto news
Jack Dorsey Announces Upcoming “Web5” Platform Built on Bitcoin
Jack Dorsey, the former CEO of Twitter and founder of Block Inc., is working on a new decentralized platform, a so-called “Web5” platform that will be built on the Bitcoin network. The development of ...
Do Kwon and Terraform Labs Ordered to Comply With SEC Probe of Mirror Protocol – crypto.news
The US regulator is looking into whether Terraform utilized its Mirror Protocol to market unregistered securities in a case separate from the Terra collapse. Terraform Labs Must Heed SEC Subpeona The ...
Grayscale Hires Obama-Era Solicitor General in Preparation for SEC’s July 6 Spot Bitcoin ETF Verdict – crypto.news
Grayscale has added Donald B. Verrilli to its team, as the world awaits the Securities and Exchange Commission’s (SEC) final decision on the firm’s application to convert its GBTC investment product t...
Tether Launches USDT Stablecoin on Tezos Blockchain – crypto.news
Tether (USDT), the leading stablecoin with a market cap of more than $70 billion is set to launch its USDT token on the Tezos blockchain, the company announced today. Tether to Launch on Tezos Blockch...
Top Five Crypto Casinos Blazing the Trail in 2022 – crypto.news
The online gaming and gambling industry has seen tremendous growth since the launch of bitcoin (BTC) and blockchain technology. They have leveraged blockchain technology to offer gamblers a borderless...
ApeCoin (APE) To Stay on the Ethereum Network Amid Community Row – crypto.news
The ApeCoin community has finally approved the decision to stay in the Ethereum ecosystem. This comes after a keenly contested week-long democratic process where the community votes for or against it....
Nearly Three-Quarters of U.S. Merchants Aiming to Accept Digital Currency Payments – crypto.news
Deloitte and PayPal released a research report on June 8, 2022, revealing that merchants and retailers in the United States are making serious plans to integrate cryptocurrencies and stablecoin paymen...
ASMR NFT Collectibles Launchpad xtingles Forms Deep Life Labs to Bring Wellness Into Web3 – crypto.news
The leading launchpad for ASMR NFT collectibles, xtingles has announced its expansion plans to a bid to bring ASMR into Web3 by forming Deep Life Labs (DLL), a parent organization that will aid in the...
Nigerian Stock Exchange Plans Blockchain-based Settlement by 2023
The Nigerian Exchange (NGX) Ltd. is planning to launch a blockchain-enabled exchange platform in 2023. Per a report by Bloomberg on Friday, NGX said it aims to use the platform in settling capital mar...
OceanONDA V4 is now live with data NFTs, solving rug pulls and better community monetization – crypto.news
Singapore, June 9, 2022: Ocean Protocol, the open-source, decentralized data exchange protocol to unlock data for AI, announces the launch of OceanONDA V4. The upgrade caters to data publishers, data ...
Bitcoin Lightning Network Capacity Surpasses 4,000 BTC
The Bitcoin lightning network capacity hit a new milestone this week, with over 4000 bitcoins (worth approximately $116 million at current prices) locked in channels. The latest milestone comes off th...
Edge to Issue a No Know-Your-Customer Mastercard – crypto.news
On Wednesday, Edge, a self-custody crypto exchange, has unveiled a no-Know-Your-Customer(KYC) debit Mastercard that folks can use with various digital currencies. Through the card, users would be able...
It Is a “Very Risky” Option for Retirement Savers
Janet Yellen, the secretary of the U.S. Treasury, said at an event on Thursday that cryptocurrencies are a “very risky” option for people who are saving for their retirement. “It’s not something that ...
Top 5 Ways to Earn Up to 50% Per Month on Cryptocurrency – crypto.news
Cryptocurrencies have been known for a long time, but new ways of making money appear every year. In this review, we’ve gathered the best ways to help you earn up to 50% per month on cryptocurrencies....
Cardano NFT Marketplace to Launch Beta Version – crypto.news
The NFT space is being disrupted by a new player making waves within the industry. EGO.com, an up-and-coming Cardano NFT marketplace, is barely a few weeks old but is already turning the heads of majo...
South Korean Exchanges Delist Litecoin (LTC) After Privacy-focused MimbleWimble Upgrade – crypto.news
Litecoin (LTC), one of the oldest cryptocurrencies in existence today is being delisted by exchanges left and right due to its upcoming privacy-preserving upgrade. Exchanges Set to Delist Litecoin Lit...
Five (5) Ways to Reduce Risk to Near Zero!
Seasoned traders know that no one prevails in cryptocurrency trading 100% of the time. Crypto assets are considered high-risk investments since they are incredibly volatile. Delving into crypto tradin...
Ethereum Addresses and Reserves Rise as the Market Struggles to Stabilize – crypto.news
Despite the recent volatility, Ethereum’s price has remained relatively stable. As investors anticipate the network’s upcoming massive upgrade, the coin is down 3% from the past week and 1% higher tha...
Mastercard to Unlock Easy Access to NFT Marketplaces
Mastercard revealed in a Thursday announcement that it has secured multiple partnerships with crypto asset providers to enable easier buying and selling of non-fungible tokens (NFTs). The global payme...
What Is Federated Byzantine Agreement (FBA) – crypto.news
In blockchain tech, Byzantine agreements are a type of consensus system used mainly in blockchain networks where all nodes must agree to reach a consensus. While it may be considered involving, Byzant...
Why Bitcoin? Gold Shipment Ordered Since 2015 Yet to Arrive
A monetary gold transfer from London to Switzerland, which took place in 2015 has failed to complete to date. According to a report by ZeroHedge, the transaction was scheduled to be completed within f...
3 Platforms With Crypto Offers to Keep an Eye on in June 2022 – crypto.news
Crypto offers differ in the crypto space. Some of the platforms offering cryptocurrency offers are Binance, KuCoin, and Huobi. They have some of the best offers in the crypto space. They have giveaway...
What Happens When All Bitcoins Are Mined?
The cryptocurrency, Bitcoin, has a limited supply of 21 million units. What happens when all bitcoins are mined is that miners will only be rewarded in the form of transaction fees paid by users. The...
Alibaba Cloud Unveils a New Product for NFTs – crypto.news
Alibaba Cloud, the leading cloud service provider in China, has announced the launch of NFT solutions. The entity plans to help NFT developers build their NFT marketplaces through Alibaba Cloud soluti...
Solana-based DEX Lifinity Surpasses $1B in Trading Volume
Solana-based decentralized exchange (DEX) Lifinity announced this week that it has surpassed one billion ($1 billion) in cumulative trading volume. The milestone achievement comes one month after the ...
Attacker Bags 20 Million Optimism (OP) Tokens Meant for Wintermute Loan – crypto.news
Ethereum-scaling Layer-2 solution Optimism recently announced that some 20 million OP governance tokens were stolen by an attacker who interfered in a token recovery process involving Wintermute. Atta...
Microstrategy Acquires BTC, Fundraising Rounds Continue, Paypal New Feature for Crypto – crypto.news
On June 6th, reports emerged that Microstrategy purchased BTC after taking a $2.4 billion debt. Microstrategy Buys BTC with Debt Funding Reports now indicate that Microstrategy currently owns 129k BT...
BlockFi Plans to Raise $100M at a Lower $1B Valuation
Crypto lending platform BlockFi is planning to raise new funding at a depressed $1 billion valuation, Bloomberg reported Wednesday, citing people with knowledge of the matter. Recall that in March 202...