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MicroStrategy Shares Jump as Firm Buys More Bitcoin at USD 49K


  The US-based business software firm MicroStrategy announced that they have spent another USD 94m on bitcoin (BTC) to hold on its balance sheet, bringing the company’s total holding to BTC 124,391 (USD 5.9bn). As usual with MicroStrategy’s bitcoin purchases, the move was shared by CEO Michael...

USD and Yen Trading Low After Equities Performed Well in the US


Aligned with the improved sentiments among the investors, the prices of the Yen and Dollar were trading at the lower ends as investors seemed to have decided to go for the riskier currencies. As most governments across the globe resisted imposing any new kind of restrictions, including...

DeFi Traders Promote Terra’s UST to $10B Market Capitalization


UST, Terra blockchain’s stablecoin, recently surpassed DAI to become the biggest decentralized stablecoin. In addition, the token has achieved another milestone by reaching 10 billion dollars in market capitalization. CoinGecko, the well-known cryptocurrency pricing website, the UST market breached...

Delta Exchange’s $DETO Rewards: $50 Million Reward Pool with Trade Farming!


Introduction to Delta Exchange One of the leading crypto derivatives exchanges, Delta exchange, was founded in 2018 with a vision to build the most liquid, advanced, and recognized crypto derivatives exchange for both retail and institutional investors. Delta Exchange is backed by Aave ventures...

Binance Fined $750K in Turkey for AML Violations


Binance was recently fined in Turkey for violating the region’s anti-money laundering laws. The exchange has to pay 8 million Lira, equalling around 750,000 dollars for the violation. MASAK, the Financial Crimes Investigation Board of Turkey, audited the case. The fine equals the highest possible...

Terra Crosses $12B In TVL, Avalanche At $12B


Investors have a portfolio to maintain with a huge interest in looking to expand it with other products. The increasing network cost of Ethereum has made it difficult for such investors to explore the much-talked-about sectors, namely, DeFi and NFT. Network congestion has currently been termed as...

Global Debt Reaches a Record USD 226 Trillion


  Vitor Gaspar, Director of the International Monetary Fund (IMF)’s Fiscal Affairs Department, Paulo Medas, Division Chief in the same department, and Roberto Perrelli, a Senior Economist in the IMF’s Fiscal Policy and Surveillance Division, Fiscal Affairs Department._____... Read More: Global...

Bitcoin Jumps Above USD 51K, Ethereum Hits USD 4,100, ADA & LUNA Rally


  Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction. Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000...

IOTA Makes a Slight Rebound, Target $1.26!


Internet of Things Application (IOTA) is a crypto technology that allows transactions between multiple devices. It addresses scalability and fees issues of blockchain technologies. One must verify two previous transactions to submit a new transaction on the IOTA ledger. It uses Directed Acyclic...

Mom Starts Crypto Consulting Firm, Makes up to USD 80K per Month


  Brenda Gentry, a 46-year-old mom of two, began to invest in cryptoassets during the early stage of the coronavirus pandemic. Last October, she decided to quit her job as a mortgage underwriter and focus on crypto full-time, building a successful consultancy that Gentry says brings her a hefty...

Bitcoin Nears USD 50K, Ethereum Moves Higher, XRP and LUNA Rally


  Bitcoin price gained pace for a move above the USD 48,500 resistance zone. BTC even cleared the USD 49,200 zone and moved above USD 49,800 before correcting lower. It is currently (04:40 UTC) trading near USD 49,400 and it seems like the price could test USD 50,000 once again.... Read More:...

Fantom DeFi Project Loses $30M to a Security Breach


Fantom-based Grim Finance recently faced a security breach, losing 30 million dollars to a hacker. The unidentified hacker exploited a reentrancy bug in Grim Finance’s smart contracts. As soon as the news of the attack came out, the network’s TVL dipped to 4.2 million dollars from 98.9...

Breaking All Records: VC Funds Injected USD 30B In Crypto This Year


  Venture capital (VC) funds invested some USD 30bn into crypto this year, exceeding almost fourfold the amount recorded in the previous record year of 2018, and injecting more funds into the industry than in all the previous years combined, according to data from financial data and software...

Nansen Raises $75mn in First Stage Funding Led by Accel


Nansen, a Blockchain analytics startup, secured $75 million in its new investment round headed by Accel with participation from Andreessen Horowitz and Tiger Global, a tech investor on this Thursday. The funds acquired in the round will be used to develop the functionality on the company’s...

Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis


  Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis.... Read More: Scammers Stole...

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