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Paypal USD: Boon for Ethereum but not decentralization, says community
8.8.2023
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC
Binance sold USDC for another stablecoin — Coinbase CEO
7.8.2023
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD
Curve Finance rolls out a reward of $1.85 million to identify the attacker
7.8.2023
Curve Finance, along with other protocols, fell victim to a re-entrancy attack wherein they collectively lost more than $70 million worth of digital assets. The incident dates back to July 30, 2023, and the DeFi protocol has said that it was a software bug that was exploited by an attacker or there...
Economist Peter Schiff Warns US Dollar Collapse ‘Inevitable’
5.8.2023
Economist Peter Schiff has warned of an impending collapse of the U.S. dollar even though he sees Fitch’s downgrade of the U.S. rating this week as “meaningless.” While cautioning about a financial crisis and a crash, Schiff emphasized: “Given the trajectory of U.S....
BTC dips below $30k; InQubeta presale shines bright, ETH price struggles to break $2k
4.8.2023
The volatility of the decentralized finance (DeFi) market is currently reflected in the value of two leading cryptos—Bitcoin (BTC) and Ethereum (ETH). Bitcoin’s value recently dipped below $30,000, while Ethereum’s price faces challenges surpassing $2,000. As a result of this decline...
Tether (USDT) Loses 1:1 to US Dollar Amid Heightened Sell Pressure in Curve’s 3pool
4.8.2023
Tether (USDT), the USD-pegged stablecoin issued by web3/fin tech company Tether, fell slightly below its 1:1 peg against the US dollar on Thursday on decentralized exchange (DEX) Curve Finance, pushing the DEX’s main stablecoin liquidity pool (Curve 3pool) into imbalance.
USDT fell as low as 0.998...
Ethereum stagnates around $1850; Is Ether still a good buy?
3.8.2023
Ethereum is often hailed as a leading smart contract and decentralized application. As a popular crypto, ETH holds the price range even during an economic slowdown. Let’s dive into the recent happenings and try to understand how ETH will perform in the coming years. Are you excited to learn...
Will Bitcoin hit $100,000 or crash again in 2023?
3.8.2023
With the recent surge in the Bitcoin price, many crypto enthusiasts are positive about Bitcoin’s journey toward $100000. Will it happen this year? Or will it take time? In this post, you are going to get a comprehensive analysis of Bitcoin’s current and future trends. Let’s dive in...
Bitcoin Spark offers investors the ability to buy Bitcoin alternative at only $1
2.8.2023
The extraordinary rise of Bitcoin (BTC) has left many investors reminiscing about the missed opportunity to buy into the revolutionary digital asset when it was priced at $1. However, the cryptocurrency landscape is ever-evolving, and the emergence of Bitcoin alternatives has presented...
Solidus AI Tech announces launching $AITECH on TrustSwap Launchpad
2.8.2023
Solidus AI Tech has announced the launch of $AITECH on TrustSwap Launchpad. The date and time for the same have been set to August 18, 2023, at 5:00 pm UTC, respectively. Solidus AI Tech is hailed as a team behind the world’s first-ever AI infrastructure. While the actual utilities of the token...
InQubeta presale surpasses $1.8M, Uniswap & PancakeSwap stalling
31.7.2023
With decentralization being one of the core values of Web 3.0, the decentralized finance (DeFi) sector has been at the forefront of the crypto market. Decentralized exchanges, such as Uniswap and PancakeSwap, play a critical role in token trading. However, in recent developments, there has been...
Crypto companies raise $44M for Web3 & Blockchain scalers
31.7.2023
Some crypto companies, put together, have managed to raise for themselves the amount of $44 million in funding. However, Hi seems to have beaten them all by managing to acquire funding from Animoca Brands to the tune of $30 million. In the case of Hi, it is known to have an entire array of products...
Bitcoin Price Prediction: USD Strengthens on Q2 GDP Release, BTC Reacts to Market Developments
28.7.2023
In the dynamic world of cryptocurrencies, the price of Bitcoin stands at $29,270, registering a decline of nearly 1% on Friday.
As the market evolves, various factors come into play, influencing Bitcoin's trajectory. Grayscale's recent call on the SEC to approve all Bitcoin ETFs simultaneously...
Economist Peter Schiff Advises ‘Get out of the Dollar’ — Says the USD Is Being Destroyed
28.7.2023
Economist Peter Schiff has warned that the Federal Reserve is wrong about its recession outlook, advising everyone to get out of the U.S. dollar. He stressed that the U.S. currency is being destroyed, emphasizing that it is losing purchasing power. “Rather than fighting inflation, the Fed fueled...
Bitcoin’s $30K uncertainty, XRP’s $0.8 ambitions, DigiToads presale’s $7M target
27.7.2023
Crypto markets suffered an unforeseen setback. Market updates showed first Bitcoin’s $30,000 uncertainty before it dipped below and the previous support turned resistance. Momentum still favors XRP, with traders citing $0.80 ambitions, but the hidden star in the current turbulent climate...
Cardano is uncertain; InQubeta solidifies as the premier AI crypto token with $1.7M+ raised
27.7.2023
In the ever-evolving world of cryptocurrencies, staying ahead of the curve means consistently delivering innovation, demonstrating adaptability, and proving mettle with tangible results. Recently, a fascinating shift in dynamics has been observed as Cardano (ADA), a well-established player in...
Conic suffers two devastating attacks resulting in a loss of $4.2M in funds
27.7.2023
Conic Finance, a promising Layer 1 blockchain known for its “Play to Own” principle, has been hit by two severe attacks that have shaken the decentralized finance (DeFi) community. As a result of the first exploit, $3.3 million was drained from the ETH pool, and the second attack forced...
Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback
26.7.2023
As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe’s leading exchange by trade volume, unveiled three new trading pairs attached to a stablecoin labeled first digital usd (FDUSD)...
Former Central Banker Discusses How Chinese Yuan Could Become on Par With US Dollar
26.7.2023
A former central banker has explained that three conditions must be met for the Chinese yuan to become a currency on par with the U.S. dollar and the euro. Noting that the yuan is already the third-largest international currency after the USD and the euro, he emphasized that the Chinese...
USD-backed stablecoin pilot project launched by Pacific island nation of Palau
26.7.2023
The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees