The global cryptocurrency market has been significantly jolted, including digital currencies such as Bitcoin (BTC) and Polygon (MATIC). This disturbance is mainly due to the recent measures undertaken by the U.S. Securities and Exchange Commission (SEC) against Binance, a leading cryptocurrency exchange. Market Instability and Dipping Prices Bitcoin, the leading
June 6, 2023 2 mins read
In a major legal development, the Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, one of the world’s largest cryptocurrency exchanges. The SEC complaint specifically identifies ten tokens, including popular cryptocurrencies such as SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI, as unregistered crypto
June 6, 2023 2 mins read
According to data compiled by CryptoRank Platform, the combined TVL of all blockchains experienced a slight decline in May 2023. This trend suggests a slow rate of capital infusion into DeFi projects compared to previous months. TVL Performance on Multiple Networks in May The combined total value locked (TVL) of
June 6, 2023 2 mins read
In an astounding display of progress, the non-fungible token (NFT) market has reached new heights, witnessing an impressive surge in sales over the past week. Recent data reveals that NFT sales have soared by a staggering 39.35% within just seven days, further solidifying the growing significance of this digital asset
June 4, 2023 3 mins read
As the world increasingly recognizes the urgent need to transition towards more sustainable practices, the digital landscape is not far behind. Once criticized for their perceived environmental impact, cryptocurrencies are now witnessing a shift towards greener alternatives. This article explores three cryptocurrencies, Injective, XRP, and XDC, that are leading the
June 4, 2023 3 mins read
Blur, a decentralized finance (DeFi) platform, recently announced via its official Twitter account that it had hit a new milestone. According to the tweet, the total value locked (TVL) in Blur has reached an unprecedented all-time high of $160.82 million. Blur TVL has reached a new all time high of
June 3, 2023 2 mins read
This year promises to be yet another exciting one for the world of cryptocurrency, as highlighted by the Q1 2023 reports from Messari, a leading provider of crypto market intelligence products. The company recently wrapped up its first-quarter reports on three prominent blockchain protocols: Tron (TRX), Ripple’s XRP Ledger (XRP),
June 3, 2023 2 mins read
Alchemy Pay, the pioneering fiat-crypto payment gateway, recently announced their innovative new feature, the NFTCheckout, now available worldwide. According to Alchemy Pay’s tweet, the firm integrates seamlessly with the global payment giant Mastercard. This monumental update signifies a significant stride in bridging the gap between traditional payment methods and the
June 3, 2023 2 mins read
GameSwift, the renowned gaming platform, has recently announced its integration with Arbitrum (ARB), the leading Ethereum Layer2 scaling solution. The GameSwift and Arbitrum integration is a significant milestone in Web3 gaming, combining GameSwift’s power with ARB’s scalability and efficiency. GameSwift integrates with @arbitrum! Imagine what's possible when you team the
June 3, 2023 1 min read
Recently, the Litecoin (LTC) market witnessed a substantial surge in value, thanks to a wave of optimistic trading activity. Starting from an intraday bottom point of $89.35, enthusiastic buyers lifted the price to an intraday peak of $95.64, showcasing the coin’s robust momentum. This marked a new 30-day high for
June 2, 2023 2 mins read