On August 12, speculation about a prospective takeover first surfaced. BlockFi received a credit line from FTX in the month of July. According to FTX, there are no plans to buy Huobi. CEO of FTX Sam Bankman-Fried shot off the reports on August 29 through a tweet. Bankman-Fried was vague
August 30, 2022 2 mins read
Iran has placed a $10 million import order with cryptocurrency in a historic first. Iran’s borders remain closed to cryptocurrency trading in 2019. Iran officially allows the use of cryptocurrency in trade and imports, according to Minister of Industry, Mines, and Trade Reza Fatemi Amin. This green light is an
August 30, 2022 1 min read
From its autumn high of roughly $110, Luna’s value plummeted to nothing. A resumption of the strong downturn is possible if the RSI breaks beyond 60. During recent times, Terra Luna Classic (LUNC) has been roaring. The token saw a 23.4% increase in anticipation of the upgrade on Aug 26,
August 29, 2022 2 mins read
After starting the month at $24,000, the Bitcoin/US Dollar pair has lost 14% this month. CZ mentioned that it’s been five years since bitcoin hit $20k for the first time. If current trends continue, Bitcoin (BTC) might have its worst August performance since the 2015 bear market next month. According
August 28, 2022 2 mins read
The long-awaited Ethereum merging, scheduled for around September 15. Ethereum makes the switch to the proof-of-stake consensus process. The Ethereum Merge and Cardano’s Vasil hard fork are both approaching quickly. Cardano is an open-source, peer-reviewed blockchain platform designed to address global identity management issues by using smart contracts and NFTs.
August 28, 2022 1 min read
This is the second cryptocurrency exchange in India to be hit this month. Many suspected violations of FEMA are now under investigation. Another cryptocurrency exchange in India came under regulatory investigation as crypto firms came under increasing strain. India’s major cryptocurrency exchange, CoinSwitch Kuber, was raided by the country’s Enforcement
August 26, 2022 2 mins read
This unparalleled performance is being created in collaboration with Yuga Labs. The statement claims this to be the first-ever performance. MTV has picked up on the NFT trend. This Sunday at the MTV Video Music Awards, hip-hop superstars Eminem and Snoop Dogg will perform a live, Otherside-themed event. This unparalleled
August 26, 2022 1 min read
The polls were open from August 17 to Wednesday, August 20 at 2:19 pm GMT +10. There needed to be at least 40,000,000 votes cast in support. After receiving more than 99% of the votes from Uniswap (UNI) holders, the $74 million proposal by two former Uniswap Lab executives for
August 26, 2022 2 mins read
Coinbase clarified that cbETH’s pricing is not intended to mirror Ethereum’s. Trading of the cbETH-USD pair will start in stages as per the exchange. Coinbase, a renowned cryptocurrency exchange, announced on Wednesday the debut of cbETH, its new wrapped and staked Ethereum ERC-20 token, just in time for the Ethereum
August 25, 2022 2 mins read
The Sandbox is the next frontier for Spells of Genesis (SoG) as it expands into the Metaverse. Through the Spells of Genesis – Askian Door social hub, gamers may meet face-to-face with their favorite in-game characters. Metaverse experiences will help release a new wave of engagement between visitors and typically
August 24, 2022 3 mins read
