Caitlin Long, the CEO of Avanti reveals the reason behind the sell-off of other cryptocurrencies and advises traders to avoid risk, on Thursday. The value of stablecoin’s reserves more space in the crypto market leading to more sell-off of other cryptocurrencies and reducing bitcoin price as well. Added to this,
May 18, 2021 2 mins read
-DeFi protocol Alpha Homora loses $37 million in Iron Bank exploit.-However, the Protocol had been monitored by Quantstamp and Peckshield.-It’s unclear how it is possible to recover the funds from their prime suspect. One of the largest DeFi protocols Alpha Homora lost over $37 million worth of funds leveraging Cream’s
February 13, 2021 2 mins read
-Cardano (ADA) price spikes over $0.94, reaching a 3-year high.-However, ADA has recently launched a Mary hard fork.-Moreover, the crypto can rally its price even further to over +50% from its current trading position. Cardano (ADA) price surged over $0.94, reaching for the first-time since 2018. Moreover, ADA has seen
February 13, 2021 2 mins read
-Jack Dorsey partners with Jay-Z to create 500 BTC blind Bitcoin Trust.-Dorsey is a known long-time supporter of bitcoin with “#bitcoin” as his Twitter profile. -Over the past year, many companies supported more than 25 developers and projects with an approximated $3.46 million. Twitter co-founder and CEO Jack Dorsey partnered with
February 12, 2021 1 min read
-LuLu Exchange partners with Federal Bank to enhance cross-border payments into India through RippleNet Cloud.-However, the new three-way partnership with the Federal Bank will help innovate new pathways in the payment service arena in India. -Moreover, many people continue to exchange money using payment services even during pandemics. LuLu Exchange partners
February 12, 2021 2 mins read
-Uber dismissed the idea of buying Bitcoin with cash but accepted it as payments.-However, the news came after the Tesla announcement on buying $1.5 billion worth of Bitcoin. -Uber reported it had $5.65 billion in cash and cash equivalents.-Like Uber, PepsiCo CFO Hugh Johnston told CNBC that it had the conversation
February 11, 2021 2 mins read
-Total value locked (TVL) in DeFi hits a new all-time high over $39B.-However, a high TVL doesn’t mean increased participation or activity in the DeFi space. -Moreover, Adjusted TVL usually tracks the changes in the TVL in the ecosystem. The total value locked in decentralized finance (DeFi) has marked a new
February 11, 2021 2 mins read
-Cryptocurrency market capitalization has surged over $1.4 trillion.-Besides, Bitcoin and Ether (ETH) hit new all-time highs of above $48,000 and $1,800, respectively.-Meanwhile, the crypto-economy doesn’t seem to care about Schiff, a bitcoin hater’s Twitter noise. Cryptocurrency market capitalization has surged over $1.4 trillion surpassing Alphabet’s GOOG and GOOGL. Crypto Market
February 10, 2021 2 mins read
BNB the cryptocurrency for the future with an amazing blockchain. Moreover, Binance Smart Chain is one of the best in terms of utilizing blockchain technology. Today, According to Coinmarketcap, BNB reached its new ATH of $148.07. Does any one say Binance (BNB Coin) is Still undervalued? No, we can’t say
February 10, 2021 1 min read
-The Solana Foundation partnered with Project Serum to host a global hackathon focused on DeFi.-The hackathon will begin from February 15 through March 1st.-Moreover, participants will compete for a seed funding round of $200k. The Solana Foundation is energised to partner with Project Serum. In order, to host a global
February 9, 2021 1 min read