The platform’s decision was attributed to current market circumstances. Hodlnaut apparently had $187 million in TerraUSD [UST]. Aside from Terra’s demise, a number of other crypto lenders filed for bankruptcy after suspending withdrawals. Cryptocurrency lenders like Three Arrows Capital and others have recently gone under, but a Singapore crypto firm
August 9, 2022 2 mins read
Over the last few years, the term “DApps,” or decentralized applications, has gained popularity in the cryptocurrency community. In layman’s terms, a “dApp” is a blockchain-based program that operates on a decentralized network and utilizes the network’s resources. Open source code, no single point of failure, and a decentralized consensus
August 8, 2022 2 mins read
In December of 2021, there were 2.5 million wallets in circulation. DataStudio’s estimates, that the population had grown by one million to 3,500,565. There are now over 3.5 million Cardano wallets in use, which is a significant milestone for the blockchain. The number of Cardano wallets has increased significantly in
August 7, 2022 1 min read
Cryptocurrency education and investment opportunities were discussed. The CEO of Binance also spoke on the country’s crypto regulatory frameworks. Central African Republic (CAR) President Faustin-Archange Touadéra met with Binance CEO CZ on Friday to address education, investments and regulatory frameworks. CEO of Binance said previously that he will spearhead the
August 6, 2022 2 mins read
Michi Lumin, the key developer of the Dogecoin Foundation, said on August 5 that libdogecoin, a new upgrade, has been made available. With the libdogecoin upgrade, Dogecoin can now be easily and directly integrated into a wide range of different platforms. Although this feature isn’t new, it’s unusual that it
August 5, 2022 2 mins read
Voyager requested a court order to allow customers to withdraw cash. Voyager received the go-ahead from presiding judge Micheal Wiles. As per a report by WSJ, the U.S. Bankruptcy Court in New York has approved Voyager Digital’s repayment of $270 million to impacted consumers. Voyager received the go-ahead from presiding
August 5, 2022 1 min read
Developers on Polkadot will be able to make use of Alchemy’s best-in-class APIs. In order to speed up Polkadot development, the blockchain developer platform Alchemy has teamed up with the innovation center Astar Network. Due to the shift, developers will be able to construct dApps on Astar Network, Polkadot’s primary
August 3, 2022 2 mins read
Introduction to Capitalix Forex and CFD broker Capitalix is authorized and supervised by the Seychelles Financial Services Authority (FSA). This easy-to-use platform provides traders with all the information, features, methods, tools, and assistance they need to profit from emerging market trends. There are over 150 assets available, including every major
August 3, 2022 6 mins read
2021 saw the rise of NFTs through Times Square billboards and billion-dollar monthly sales volumes. Hundred-million-dollar digital Apes were touted by celebrities and some of the world’s biggest brands even dropped their own NFTs. As markets crash, investors are left wondering if NFTs were just a passing fad. With the
August 3, 2022 4 mins read
The move represents an extension of the fashion label’s presence on the web3. Gucci will be the first brand to accept ApeCoin. At select Gucci locations in the United States, customers may now purchase with ApeCoin via Bitpay. In one of its latest tweets, Gucci announced the news. In a
August 3, 2022 1 min read