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Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism
30.5.2022
This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than...
TokenPocket Wallet Now Supports GT From GateChain
30.5.2022
According to a newsletter shared by TokenPocket, the native GateChain token GT made its way to the TokenPocket wallet on May 30. The integration will help enhance the accessibility of GateTokens for various uses ranging from token transfer to dApps use. On the other hand, TokenPocket will welcome...
Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto
30.5.2022
A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. Fewer Turks...
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy
30.5.2022
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao....
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
29.5.2022
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours,...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions
29.5.2022
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat in early 2023 instead of 2024, as originally planned. CBR to Launch...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend
28.5.2022
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
28.5.2022
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks....
Falling Bitcoin price doesn't affect El Salvador's strategy: 'Now it's time to buy more,' reveals Deputy Dania Gonzalez
27.5.2022
In an exclusive interview with Cointelegraph, a policymaker from El Salvador reveals how BTC has been helping the country change people's lives
Bulgarian Crypto Trader Disappears Under Mysterious Circumstances
27.5.2022
The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto trader, are unknown since Monday. Law enforcement officials are now investigating his possible abduction while some in the local crypto community speculate he might be hiding from disgruntled investors. Bulgarian...
SAND Is Now on the Largest US Crypto Exchange Coinbase
27.5.2022
The metaverse token is becoming the real deal in the crypto market as the global exchanges fight to acquire its market. In a newsletter shared by The SandBox, we are notified about Coibase’s listing of the SAND tokens. In addition to the US, the exchange will list the metaverse tokens in more...
Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate
26.5.2022
Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions...
Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months
26.5.2022
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA drop since July 17, 2021, when the difficulty dropped 4.81% at block height 691,488. Bitcoin...
Cool CSS Hover Effects That Use Background Clipping, Masks, and 3D
26.5.2022
We’ve walked through a series of posts now about interesting approaches to CSS hover effects. We started with a bunch of examples that use CSS background properties, then moved on to the text-shadow property where we technically didn’t use …
Cool CSS Hover Effects That Use Background...
Monero Is Preparing for a Bull Run; Should You Buy XMR Now?
26.5.2022
Monero is a decentralized cryptocurrency that mainly focuses on anonymity during transactions. It has three parts- Ring Signature, RingCT, and Stealth address. The Ring Signature hides the sender, RingCT hides the amount, and the Stealth address makes the receiver anonymous. XMR is the native coin...
Bitcoin Undervalued, Crypto Now Better Than Real Estate - JPMorgan
26.5.2022
The Wall Street investment bank JPMorgan says digital assets have now replaced real estate as its “preferred alternative asset class,” and considers USD 38,000 a fair price for bitcoin (BTC)....
Read More: Bitcoin Undervalued, Crypto Now Better Than Real Estate - JPMorgan
Nvidia’s Crypto Mining Chip Revenue Now 'Nominal' Following Months of Decline
25.5.2022
A drop in crypto mining chip sales dragged down the chipmaker’s OEM business unit year-over-year
Brazil's Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
25.5.2022
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency
Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
25.5.2022
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster...
LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash
25.5.2022
A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt like I was going to die,”...