In an event that seems all too familiar for investors, another stablecoin has lost its peg to the U.S. Dollar. Unfortunately, this de-pegging has become a seemingly frequent occurrence in the stablecoin and crypto world. In theory, stablecoins make a lot of sense and are extremely useful for consumers. By eliminating volatility in the market, …
Yet Another Stablecoin Looses Its Peg | Acala USD (aUSD) Read More »
BitPay, founded in 2011, is the leading cryptocurrency processing service for merchants. The company has recently announced that it now supports payments through ApeCoin (APE) and Euro Coin (EUROC) on its platform. The platform makes it possible for merchants to accept cryptocurrency as a means of payment as seamless as if it was a regular …
Crypto.com is a prominent cryptocurrency exchange and platform with a mission to “accelerate the world’s transition to cryptocurrency.” The platform began in 2016 and was formally known as Monaco. The company aims to make crypto more accessible to the public community and has grown to over 50 million users across the world. It has enticed …
Can Cronos Regain Lost Ground Following May Decision To Cut Staking Rewards Read More »
Last Monday, the United States Treasury sanctioned the Ethereum-based cryptocurrency mixer Tornado for apparently assisting in cryptocurrency money laundering operations. Tornado Cash is a mixing service used to anonymise cryptocurrency transactions and disrupts transaction history by combining ETH deposits from many users into one pool. This pool is then paid out in Ethereum withdrawals making …
Meta’s Instagram has recently partnered with The Flow Blockchain, created by Dapper Labs, to allow users of Instagram to post NFTs on the social media platform using the Flow blockchain. Flow is a layer one blockchain and smart contract platform. NFTs or Non-Fungible Tokens are unique digital tokens which cannot be replaced and exist on …
Cryptocurrency exchange FTX has partnered with Internet giant Reddit to allow users to pay gas fees on transactions using community points. This partnership will allow Reddit users to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay. This integration has been introduced in the United States, Australia, The European …
Cryptocurrency Exchange FTX Partners With Reddit Read More »
Since the collapse of Terra back in May, the crypto Insudry has been hit with reports of widespread liquidity troubles and heavy turbulence in the market. In addition to Terra, Singapore-based Crypto hedge fund Three Arrows Capital filed for bankruptcy in July, with several other lenders such as Celsius and Voyager Digital needing bailouts as …
Crypto Contagion Continues: Hodlnaut + Nuri Go Under Read More »
Ripple (XRP) Ripple is a blockchain that aims to compete with Ethereum and has quickly become one of the most prominent names in the crypto world. XRP is the native token of Ripple, and as several cryptocurrencies that did not have real-world utility or lacked backing from tangible assets fell apart during the bear market …
In the past few weeks, positivity has returned to the world of crypto following the severe overturn and crypto winter that has damaged digital assets over the last couple of months. This new market attitude has been especially positive for Uniswap as the asset appreciated by over 150% in a period of almost two months. …
Uniswap Outperforms In Recent Weeks | Can They Keep Their Market share? Read More »
The Global Economy has been experiencing extreme volatility as economists fear a looming recession and a bear market. This bear market outlook has made its way to the crypto world with major “blue chip” cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) all feeling the heat and experiencing downturns in their price. With …
The Rise of Meme Coins & Can they survive the Bear Market? Read More »
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