Advertisement     Solana investors are nursing double-digit losses today following yet another period of downtime. The blockchain went offline at around 16:55 UTC on W...
Tag: ZyCrypto
US-Based Crusoe Energy To Use Flared Gas In Oman For Bitcoin Mining ⋆ ZyCrypto
Advertisement     US-based firm Crusoe Energy has signed a deal with the Oman Investment Authority (OIA) to use stranded natural gas in the Middle East country to powe...
PlanetNFT Debuts Token Sale on the P2PB2B Exchange ⋆ ZyCrypto
Advertisement     The token sale for PlanetNFT will begin on the P2PB2B exchange on May 25th. Users will also receive a 5% bonus when purchasing PNFT. The tokens, as w...
Cardano-based NFT Project EGO.COM Gaining Steam ⋆ ZyCrypto
Advertisement     EGO.com has been holding a private sale from May 25, and it’s set to go until June 15. The private sale is facing a lot of success and has attracted ...
JPMorgan Believes Bitcoin Is Currently Undervalued, Sees Huge Crypto Upside Potential ⋆ ZyCrypto
Advertisement     Despite the overall bearish sentiment in the crypto markets, strategists at the American multinational investment bank JPMorgan believe that there is...
Binance VC Arm Raises $500M To Drive Blockchain And Web3 Adoption ⋆ ZyCrypto
Advertisement     Binance Labs, the venture capital and incubation unit of Binance has completed a $500 million investment funding round. According to a Wednesday, Jun...
Ethereum Transaction Fees Drop To Lowest Level In Over Nine Months ⋆ ZyCrypto
Advertisement     Ethereum transaction fees have slumped to levels last seen in July 2021 amidst a wider crypto market sell-off. According to data by Bitinfocharts, th...
Kucoin Launches Decentralized Crypto Wallet As It Eyes Web3 Opportunities ⋆ ZyCrypto
Advertisement     On Wednesday, crypto exchange Kucoin launched its first-ever decentralized crypto wallet. According to the official announcement, the exchange seeks ...
India’s Central Bank Plans Graded Implementation Of CBDC ⋆ ZyCrypto
Advertisement     India’s banking and finance sector regulator, the Reserve Bank of India (RBI), has said that it plans to introduce a Central Bank Digital Currency (C...
Terra 2.0 And Do Kwon In ‘Big Trouble’ As Binance Investigates Serious Fraud Accusations ⋆ ZyCrypto
Advertisement     Legal troubles are mounting for the co-creator of the fallen Terra ecosystem, Do Kwon, as Binance launches inquiries into the allegations made by Ter...
China’s Top Court Seeks To Leverage Blockchain Technology For Its Operations ⋆ ZyCrypto
Advertisement     The Supreme People’s Court of China has issued an opinion on strengthening the application of blockchain technology in court operations. According to...
Crypto Market Downside Continues As Fed Remains Hawkish ⋆ ZyCrypto
Advertisement     Crypto markets continued to slide on Wednesday in response to Fed Chair Jerome Powell’s statements late last week. With current macroeconomic concern...
Indian Crypto Exchanges Demand Reduction In Tax Deduction at Source (TDS) ⋆ ZyCrypto
Advertisement     CoinDCX Co-founder and CEO Sumit Gupta has once again demanded that the 1% Tax Deduction at Source (TDS) on crypto transactions introduced through th...
Russia Ignores Crypto Mining Energy Consumption, Looks Towards Regulation ⋆ ZyCrypto
Advertisement     According to Interfax News Agency, the deputy head of the ministry of industry and trade, Vasily Shpak has given Russia’s unambiguous position on the...
ECB’s Christine Lagarde Dismisses Crypto Assets, Says They Are “Worth Nothing” ⋆ ZyCrypto
Advertisement     Christine Lagarde, president of the European Central Bank has insisted cryptocurrencies are worthless and that they pose a high risk to global econom...
Cardano Community Bullish On Upcoming Vasil Hardfork As ADA Leads Crypto Majors After A 29% Jump ⋆ ZyCrypto
Advertisement     On Tuesday, Cardano (ADA) rose over 25% to tap $0.68, becoming the biggest gainer in the top-20 coins ranking based on data from CoinMarketCap. ADA i...
Indian Finance Ministry Preparing Consultation Paper for Crypto Regulations ⋆ ZyCrypto
Advertisement     The Indian government is engaged in consultations with domestic and international agencies on crypto regulations. It expects to prepare a consultatio...
Hacker Loses Loot As Solana’s Community Members Band Together To Recover Stolen NFTs ⋆ ZyCrypto
Advertisement     World of Solana’s community obtains rare collectibles by outsmarting a hacker. The project hatched a plan which involved buying back the NFTs from th...
CANDYDEX Stepping Into The Realm Of StepN and ApeCoin ⋆ ZyCrypto
Advertisement     As the crypto market has been plunging, crypto investors are looking at new tokens as alternative investments. CANDYDEX is one such token that has sh...
South Korea Sets Out To Establish Virtual Assets Watchdog Next Month In Light Of Terra Collapse ⋆ ZyCrypto
Advertisement     The Terra meltdown earlier this month has sharpened South Korea’s attention on crypto regulation. The drama was enough for the nation to make the dec...
Uniswap Protocol Exceeds $1 Trillion In Cumulative Trading Volume; Here’s What To Look Out For ⋆ ZyCrypto
Advertisement     Uniswap has emerged as the latest decentralized cryptocurrency exchange to reach a total trading volume in excess of $1 trillion. Uniswap (UNI) Goes ...
XRP On Course For Meteoric Rally As Ripple Explores Potential Acquisitions ⋆ ZyCrypto
Advertisement     Ripple, the blockchain firm behind the XRP cryptocurrency, is ready to expand through a series of mergers and acquisitions. According to a CNBC repor...
South Korea Toughens Up Security In Response To Terra’s Crash ⋆ ZyCrypto
Advertisement     According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the...
Indian Police Arrest Man For $200,000 Crypto Fraud ⋆ ZyCrypto
Advertisement     Police arrested a person in the Indian metropolitan city of Mumbai for allegedly cheating several people to the tune of INR 1.55 crore (Appr $199,000...
Shiba Inu (SHIB) Price Holds Steady As Creator Ryoshi Takes A Page From Satoshi Nakamoto’s Book ⋆ ZyCrypto
Advertisement     Shiba Inu (SHIB) Price Holds Steady As Creator Ryoshi Erases All Social Media Presence In an interesting development, the mysterious creator(s) of Sh...
India’s Central Bank Chief Says Crypto Has No Intrinsic Value ⋆ ZyCrypto
Advertisement     The chief of the Reserve Bank of India (RBI) on Monday said that cryptocurrencies have no underlying value. He said this as a justification for the c...
Circle Says A Central Bank Digital Currency (CBDC) Is Not Needed ⋆ ZyCrypto
Advertisement     In recent times, several central banks have been looking to develop a Central Bank Digital Currency (CBDC) to address the limitations of fiat currenc...
US Lawmakers Are Making Moves To Ban China’s Digital Yuan From App Stores In The Country With New Bill ⋆ ZyCrypto
Advertisement     A trio of Republican lawmakers are making a move to limit the use of the digital yuan in American cyberspace. The lawmakers argue that the digital yu...
Exchanges In Support Of Terra 2.0 But Critics Voice Their Concerns Against The Resurrection ⋆ ZyCrypto
Advertisement     Terra 2.0 has amassed the support of several cryptocurrency exchanges against all odds. Exchanges like OKX, KuCoin, FTX, and BitFinex have announced ...
IQ Protocol Integrated Into The Magic Store Ecosystem ⋆ ZyCrypto
Advertisement     The crypto world is always growing, with new inventions such as DeFi, DAO, NFTs, ReFi, GameFi, Metaverse, and now a magic shop. In the crypto world, ...
Terra’s Developers Are Being Poached By Other Blockchains With Millions Of Dollars On The Table ⋆ ZyCrypto
Advertisement     Other blockchains are eyeing Terra’s developers with some making brazen moves for them. Avalanche and Polygon are some of the blockchains making offe...