Search
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
10.2.2023
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease...
Good news doubles for Carbonplace: New CEO’s arrival & $45M raised
10.2.2023
A lot of recent activity seems to be happening at Carbonplace. At the present moment in time, it has managed to become independent and also has been able to bring on board Scott Eaton as the new CEO. Together with all of that, it has even been able to acquire for itself a funding amount …
Solver’s bond saves CoW Swap from the hacking damage that has exploited $166k
8.2.2023
A hacker managed to exploit CoW Swap for approximately $166k. This has turned out to be a scare with little worry since Cow Swap has announced on Twitter that it has not been affected by the hack. The platform has announced to cover the damage through the bond of the Solver, who had earlier...
MakerDAO manages to increase profit to $19 million
8.2.2023
The year 2022 turned out to be not at all in favor of MakerDAO. It painted quite a solemn picture for the second-in-line DeFi protocol. It happened to have witnessed a full 79% downfall in terms of operating earnings. Even its top-rung revenues saw a downward slide to the extent of 42%. However...
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist
8.2.2023
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that the USD “is likely to fall further in 2023 as inflation falls, recession risks...
Gemini to pump $100 million into Genesis for its bankruptcy recovery
7.2.2023
Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery....
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts
7.2.2023
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....
Orion Protocol suffered a loss of $3 million on ETH & BSC
6.2.2023
Orion Protocol suffered a total loss of $3 million on ETH and BSC. This was first visible on Twitter, followed by an announcement by Orion’s CEO. He, however, claimed that the harm that was done was contained to an internal broker account. In his statement, the user funds happen to be safe....
Dogecoin consolidates above 200 EMA with profit booking at $0.1!
6.2.2023
Dogecoin is a decentralized, peer-to-peer digital currency based on the popular “DOG” meme. The stability of any Dogecoin is highly dependent on market demand. It can be subject to rapid and significant fluctuations, so it is not possible to hoist one above the other in the crypto...
Will Fantom (FTM) Cross the $1 mark in 2023?
6.2.2023
Fantom is popular for its Direct Acyclic Graph (DAG) smart contracts for decentralized finance applications. It aims to make smart contract transactions faster with its innovative technology. When writing this post, the native coin of Fantom (FTM) is down more than 5% in the last 24 hours....
Shiba Inu price rebounds 100% after record lows against Dogecoin — More upside ahead?
5.2.2023
SHIB price technicals hint at another possible 40% rally for Shiba Inu versus Dogecoin as Shibarium comes into focus
Bitcoin Cash jumps ahead of $135: Will BCH hit more profits?
3.2.2023
Bitcoin Cash (BCH) addresses scalability and transaction processing issues in the original Bitcoin network. Its block size limit is larger, allowing faster and cheaper transactions than Bitcoin. BCH has a different monetary policy with a slightly higher inflation rate and a gradual block reward...
CoinDCX helps Namaste Web3 create India a $5 trillion economy
3.2.2023
India looks to become a $5 trillion economy. The goal is pretty much achievable, provided all the sectors work in the same direction. Web3, the upcoming internet for the future generation, can contribute as much as any other industry. CoinDCX echoed the idea while emphasizing that the Namaste Web3...
The BonqDAO Protocol loses $120 million to an oracle breach
3.2.2023
The crypto community faces another grim situation as BonqDAO announced a $120 million breach. A recent oracle breach put the protocol at risk, and the attacker changed the price of ALBT. In addition, the attacker minted huge amounts of BEUR, which were later used to swap for other tokens....
Ethereum price claims for $1.8K mark: Will ETH win?
3.2.2023
Ethereum is a leading decentralized blockchain platform with many use cases, so crypto enthusiasts are curious about the future potential of ETH. At the time of writing, ETH was facing a resistance of around $1650. Overall, it has been consolidating between $1K and $2K. Is it the right time...
Solana Price Prediction as SOL More Than Doubles from Recent Bottom – Can SOL Reach $1,000 in 2023?
2.2.2023
Solana, the world’s 12th largest cryptocurrency boasting $9.2 billion in market capitalization, has continued to turn heads with its exemplary performance since late December. Although the launch of BONK Inu (BONK) the first meme coin on the Solana blockchain ignited the rally, SOL has been able...
Avalanche turns bullish: Can AVAX bulls break past the $50 mark?
2.2.2023
Avalanche is a popular multi-chain smart contracts platform that helps to develop decentralized applications, so it is a tough competitor of Ethereum in the blockchain world. At the time of writing this post, AVAX was trading around $21.8, up more than 10% in the last 24 hours. The candlesticks...
Cardano Price Forecast as $400 Million Trading Volume Comes In - Can ADA Recover to $3 in 2023?
31.1.2023
Cardano price holds strongly against the US dollar while exchanging hands at $0.374. ADA, the token powering the Cardano ecosystem, is up 52% in 30 days and has managed to hold onto a 7% increase in value over the last 14 days....
Read More: Cardano Price Forecast as $400 Million Trading Volume...
Oh Baby Games boosts the initial release with a $6 million seed round
31.1.2023
Oh Baby Games has announced raising $6 million through a seed fundraising round that was co-led by eGirl Capital and Synergis Capital. The news comes ahead of the launch of its first kart title, What The Kart. Other participants included Merit Circle DAO, gmjp, Kevin Lin, Santiago Santos,...
Litecoin turns bullish: LTC is all set to surpass the $100 mark!
31.1.2023
Litecoin is a decentralized cryptocurrency designed to address the scalability and transaction processing issues faced by Bitcoin. Its tokenomics, including a total supply of 84 million tokens, a block time of 2.5 minutes, and a block reward of 12.5 LTC per block, make it a fast, efficient,...