Banks are reluctant to accept crypto transactions because of regulatory uncertainties. Trading volumes at CoinDCX have dropped 40% since the UPI ban. CoinDCX’s chief operating officer, Mridul Gupta, had joined the crypto exchange CoinDCX last year, where he hopes “to drive growth for CoinDCX business and build India’s leadership in
June 19, 2022 2 mins read
Flash loans are a sort of crypto loan often obtained and reimbursed in a single transaction. The attackers could convert 99,976 USDT and 53.2 wBTC into ETH. For the second time in two months, Inverse Finance has been the victim of a pricing oracle manipulation scam that resulted in the
June 17, 2022 2 mins read
The Securities and Exchange Commission was also in contact with Celsius. The firm has temporarily suspended Customer withdrawals, swaps, and transfers. State authorities are investigating Celsius in four separate jurisdictions for blocking consumer accounts due to solvency issues. As a result of Celsius’ decision to restrict client money withdrawals, regulators
June 17, 2022 1 min read
The effect of Ankr’s initial open-source speed enhancements on the BNB Chain was much more than expected. Ankr, the fastest-growing Web3 infrastructure provider, received requests for help in improving the BNB Smart Chain’s performance throughout its dApps, games, governance platforms, and other stakeholders in the autumn of 2021. It has
June 16, 2022 3 mins read
This week, $2 billion was injected into Binance to combat the negative shorting rate. Wednesday saw the USD tumble below its one-dollar trough, tumbling as low as $0.955. Justin Sun, the founder of the Tron Foundation, has become more optimistic about the USDD, but the community is not. The Decentralized
June 15, 2022 1 min read
For Ethereum blockchain users, Ankr, a rapidly expanding supplier of Web3 infrastructure, is proud to announce that it is now an RPC (Remote Procedure Call) provider for Optimism, a lightning-fast, and inexpensive Layer-2 scaling solution. Ankr is now an RPC provider for 17 blockchains, including Ethereum, BNB Chain, Solana, and
June 15, 2022 2 mins read
According to AB de Villiers, a legendary South African batsman, the startup Myria, a blockchain gaming company, would help develop his mobile cricket game. A celebrity-backed cricket blockchain game that incorporates blockchain play-and-earn models and other features like non-fungible tokens (NFTs) is the first of its kind in the industry.
June 14, 2022 3 mins read
The matter is apparently being handled by Roche Freedman LLP. Binance is accused of misleading investors about Terra in a 72-page complaint. UST and LUNA, two of Terra’s assets, went bust last month, causing major market harm. Cryptocurrency exchanges have to pay the price for monitoring and investigating everyone involved
June 13, 2022 1 min read
More than 2,000 Welly NFTs have been coined, according to SHIBQueenie. Whales currently control $603,009,840 worth of SHIB out of the top 5,000 ETH whales. In the previous 24 hours, Shiba Inu whales have been more active. According to WhaleStats’ research of the top 100 Shiba Inu holders, there was
June 12, 2022 1 min read
Gorner repeatedly told the BAYC community that there would be no surprise mints. An attack on the Otherside’s Discord group resulted in the theft of over 145 ETH recently. There may be an assault, according to Gordon Goner, a co-founder of Yuga Labs and the Bored Ape Yacht Club (BAYC).
June 12, 2022 2 mins read