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Tether Launches Stablecoin Pegged to the British Pound Sterling
22.6.2022
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT....
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...
Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day
22.6.2022
Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump...
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
22.6.2022
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine...
Crypto Market Recovers 15% With Ethereum, Dogecoin & Mushe Token Benefitting
21.6.2022
On Sunday, June 19, 2022, the crypto market saw some well-needed life as the market bounced back over 15%, with many investors openly stating they’re now buying and entering the crypto market. One of the more notable names who has re-entered the market is Elon Musk, who revealed he...
Celsius token CEL rises 300% in one week amid a GameStop-like 'short squeeze' event
21.6.2022
The crypto lending platform's Insolvency risks puts CEL price at risk of a 70% drop
CEL Token Soars as Celsius Shareholder Proposes Recovery Plan, Celsius Pays Compound
21.6.2022
The troubled crypto lending and borrowing company Celsius’ CEL token jumped today, as a company shareholder proposed a recovery plan, and Celsius made a USD 10m payment to the decentralized finance (DeFi) platform Compound (COMP).
A couple of good news related to Celsius seem to have led to...
Chinese court invalidates 2019 car sale made using now worthless crypto token
20.6.2022
It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place
Hong Kong’s Hoo.com Expects to Re-open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity
20.6.2022
Several Hong Kong-based crypto platforms have made changes to their policies amid the market upheaval and liquidity crunches
Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior
20.6.2022
While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have...
Helium (HNT) and Mehracki Token (MKI) — Next Cryptocurrencies to Boom in 2022 After the Bear Market
20.6.2022
With so much attention focused on the cryptocurrency industry, it’s possible to forget that the financial systems all over the globe are being revolutionized right now. The vast majority, if not all, of the coins and tokens enjoying rapid development are those affiliated with crypto...
Guide to Meme Token Blockchains and Protocols in 2022: RoboApe (RBA) and Dogecoin (DOGE)
20.6.2022
Meme tokens first shot to fame with the success of Dogecoin (DOGE), which is built on a dedicated Blockchain. Not all meme tokens are built on dedicated Blockchains, such as a promising new protocol called RoboApe (RBA),which is launching soon on Ethereum. We review these two top meme token...
El Salvadoran Government to Back New Token, Bukele Says ‘Don’t Panic’ About Falling Bitcoin Prices
20.6.2022
El Salvador’s government is readying another crypto move – some nine months after it officially adopted bitcoin (BTC) as legal tender.
Per ElSalvador.com, the website of the newspaper El Diario de Hoy, the state is unperturbed by the current “difficult scenario for digital assets,” and...
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
20.6.2022
L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens
Gnox Token (GNOX) Removes The Stress Of Investing In Fantom (FTM) and Cronos (CRO) Ecosystems by Letting Professional Investors Do the Work For You
18.6.2022
The horrific cryptocurrency market crash hit major coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and investors stressed about investing in smaller altcoins. Investing in Fantom (FTM) and Cronos (CRO) appears to be the main drag for traders due to the possible further inflation and...
Belgian Banking Group KBC Creates Blockchain-Based Coin
18.6.2022
KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients...
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
18.6.2022
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli
Revoland Holding IDO on EverStart
18.6.2022
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token...
Inverse Finance exploited again for $1.2M in flashloan oracle attack
17.6.2022
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds
Circle Launches Second Major Stablecoin Backed 1:1 by the Euro
16.6.2022
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle...