Over the weekend, the cryptocurrency market experienced a massive sell-off. Bitcoin and the broader market lost around 10%, trading at around $33,500 as of the end last week. LUNA Crashes According ...
Tag: Cryptonews
What Is Shibaswap and How Does It Work? – crypto.news
Shiba Inu (SHIB) has cemented its place as a leading meme coin in the crypto markets, making massive gains in 2021. Moreover, the team behind the dog-themed coin built ShibaSwap to expand the meme coi...
Luna Foundation to Loan $1.5 Billion in Bitcoin (BTC) and UST to Maintain Stablecoin Dollar Peg – crypto.news
The Singapore-based non-profit organization Luna Foundation Guard (LFG) will loan out BTC and UST worth $1.5 billion, as part of its strategy to protect the stability of the UST against market volatil...
Avalanche Unveils Multiverse Incentive Program to Rev Subnet Adoption – crypto.news
Avalanche has unveiled a $290 million incentive plan to help fund the development of its multiverse. The statement highlights how Avalanche plans to enter its next phase of expansion in order to not o...
Crypto Exchange Bibox Allies with Nuvei for Seamless Access to Cryptocurrencies – crypto.news
Estonia-based leading cryptocurrency exchange Bibox today announced a partnership with Nuvei to offer its customers a unified trading experience via seamless access to cryptocurrencies through the Sim...
BOOM NFT Airdrop Campaign Launches, as Over 100k People, Join the Refer to Earn Campaign – crypto.news
BOOM NFT airdrop campaign is finally here! The Boom planet is now issuing digital identity cards to the early residents of its ecosystem in the form of NFT airdrops. Boom NFTs will unlock a vast array...
New Frontier ($TAY) Giving New Meaning to Tourism with Enjin-Powered NFTs – crypto.news
New Frontier is leveraging the Enjin (ENJ) ecosystem to transform the multi-billion dollar tourism industry, partnering with official tourism bodies in the UK, Mexico, Spain, and New Zeleand on non-fu...
Instagram Set to Support NFTs From Ethereum and Other Leading Blockchains – crypto.news
According to recent news, Instagram might introduce support for non-fungible tokens (NFTs) as soon as next week. NFT Pilot Project to Kick Off in the U.S. Reports suggest that the Meta-owned social me...
Bitcoin Price Could Hit New 2022 Low amid Mounting Market Volatility – crypto.news
Doom and gloom continued for the broader crypto market over the past weekend following last Wednesday’s sudden crash sparked by the Fed hiking interest rates. Terra FUD Attack Increases Crypto Market ...
SubQuery Unveils Data Indexing Support for Terra Blockchain – crypto.news
SubQuery, a blockchain developer toolkit that allows people to build Web3 applications today announced it had become the first indexing protocol to support Terra. SubQuery Now Supports Terra Blockchai...
NAGAX Unveils Its $100k NFT Creator Fund Ahead of Its Marketplace Launch – crypto.news
NAGAX has announced the launch of its $100,000 non-fungible tokens (NFT) Creator Fund ahead of the official rollout of its upcoming NFT marketplace. The team says the fund aims to make it easier for a...
Promoting Open Governance and Community Interaction – crypto.news
Decred (DCR) allows community members to directly approve all transactions in the network, thus preventing any manipulations of the protocol by the major holders. What Is Decred? Most of the existing ...
Tauros Becomes First Exchange in Mexico to Integrate Lightning Network – crypto.news
Tauros Exchange has become the first bitcoin exchange in the Latin American region to leverage the Bitcoin Lightning network. The exchange partnered with IBEX to bring the lightning-enabled BTC servic...
World’s Largest Diamond Producer Launches Blockchain-Based Platform to Track Diamond Source – crypto.news
Leading diamond production juggernaut, De Beers Group has launched the Tracr blockchain platform at scale for its diamond production. The platform enables the diamonds to be tracked from the mines to...
Robinhood to Offer Grayscale’s GBTC and ETHE Products – crypto.news
For a number of years, the trading app Robinhood only supported a small number of cryptocurrencies. In the past month, it has increased this number to 11, and it is currently offering two equity asset...
Fantom (FTM) Price Struggles to Gain Momentum, Follows Crypto Market Crash – crypto.news
Since spiking sharply and hitting a high of $3.36 back in January, FTM has primarily been on a downward trend. The cryptocurrency started its current 7-day cycle trading at $0.94 and has barely tried ...
Dusk Network’s Testnet and How Blockchain is Pushing Privacy – crypto.news
On March 22, 2022, Dusk Network formally launched its DayBreak testnet, ushering not just a new dawn for themselves but for blockchain as a whole. The Dusk network’s focus is primarily on the use of z...
UAE Paves the Way for Crypto Exchanges, Plotting to Become Worldwide Crypto Hub – crypto.news
Dubai and Abu Dhabi are vying for the title of crypto capital. Popular crypto exchanges are setting up an expansive base in Dubai, including FTX, Binance, and Kraken. UAE Regulators and Businesses are...
Bitcoin Price Hits 10-Week Low, Altcoins Experience Major Decline – crypto.news
Volatility returned to the crypto landscape with a bang on May 5, with BTC hitting an almost two-month low. The crash amid mounting global inflation painted a disturbing picture for traders as the kin...
OpenSea Discord Server Hijacked by Hackers to Promote Scam NFT – crypto.news
OpenSea’s Discord server has been hijacked by bad actors to promote a scam non-fungible tokens (NFT) partnership with YouTube. This is not the first time that hackers are targeting the leading NFT mar...
Uniswap Protocol Has Deeper Liquidity than Centralized Exchanges, Research Shows – crypto.news
The latest data provided by Paradigm Research confirm that Uniswap has several times deeper liquidity in the major ETH pairs as compared with the leading centralized exchanges. Transformation of Tradi...
SEC Approves Valkyrie Bitcoin Futures ETF, but not Spot – crypto.news
Valkyrie’s XBTO, a Bitcoin Futures exchange-traded fund, has been given the green light by the US Securities and Exchange Commission (SEC), and will now commence trading. Valkyrie’s Futures BTC ETF Si...
Argo Blockchain to Commence Bitcoin Mining Facility in Texas Next Week – crypto.news
Argo Blockchain’s efforts to establish a Bitcoin mining facility in West Texas appear to be nearing completion following an inauguration ceremony. By the end of 2022, the company aims to have a hash r...
Why FACE X Collection Avatars are Taking Over my NFT SPACE? – crypto.news
NFT collections are what’s in vogue, are they a way to get rich quickly or the future of culture? “When we were young, we dreamed of being superheroes, and anything was possible.” Aneck Founder and De...
Crypto Prices Plunge as Global Inflation Continues to Rock The Economy – crypto.news
In new developments, crypto prices have been negatively impacted by the record-high rates of global inflation. These near double-digit inflation rates have led cryptos such as bitcoin to dip 8% as ana...
TRON DAO Reserve Appoints Alameda Research as the First Member and Whitelisted Institution – crypto.news
Geneva, Switzerland / May 5 / – The TRON DAO Reserve has announced Alameda Research as the first Member and Whitelisted Institution to mint Decentralized USD (USDD), a fully decentralized stablecoin ...
Crypto Accounts Liquidated following Market Crash Amid Interest Rate Hikes – crypto.news
On Thursday afternoon, the crypto market took a sharp nosedive losing nearly 9% of the whole crypto valuation. The dive caused speedy liquidation, with over 106 thousand investors liquidated in just t...
Top Peer-to-Peer (P2P) Non-Fungible Tokens (NFTs) Swapping Platforms in 2022 – crypto.news
Non-fungible tokens (NFTs) are digital assets that represent real-world objects such as artworks, music, in-game digital collectibles, videos, and more, minted on the blockchain. NFTs are one of the h...
Opera Crypto Browser Users Can Now Access BNB Chain Ecosystem dApps – crypto.news
Opera Crypto Browser has added support for BNB Chain, enabling its more than 350 million monthly active users across the world to interact with decentralized finance (DeFi) solutions, and decentralize...