Wed, November 11

Dubai Government Announces Dedicated Digital Economy Task Force Group

The task force hopes to create virtual equivalents for 42,000 positions. Dubai aims to raise its GDP by 1% by banking on the metaverse potential. The Dubai government has announced the creation of a task group to monitor the most recent advances in the digital economy and to take advantage

May 22, 2022 1 min read

Crypto Enthusiasts Celebrate Bitcoin Pizza Day All Over the World

Bitcoin with pizza? That’s an odd mix, to say the least. Despite this, each event has been given a whole day to commemorate. All of this is being done to honor the world-changing advancements that crypto has brought forth. As a result of their widespread use, cryptocurrencies have taken over

May 22, 2022 1 min read

Brazilian Exchange Nox Bitcoin Reimburses Money To Users

Nox Bitcoin reimburses the money to UST holders who lost in the crash. Crypto users have queried whether Binance will follow suit. Nox promises to refund all UST holders at $1 rate despite the current price being low. The concerted attack in the crypto market is the significant crash of

May 21, 2022 2 mins read

BitMEX Co-founder Sentenced 2 Years’ Probation and 6 Months House Arrest

In June, there will be a hearing for Hayes co-founders who admitted guilt with Hayes. Hayes, Delo, and Reed have each been fined $10 million. After being convicted of breaking the US Bank Secrecy Act, Arthur Hayes has been sentenced to two years of probation and six months of home

May 21, 2022 1 min read

Vitalik Buterin Titled As The world’s Youngest Crypto Billionaire

Ethereum currently trading at $1,980.31 USD with a volume of $14,788,397,247 USD. The Beacon Chain won’t change anything about the Ethereum we use today. At the age of 28 Vitalik Buterin, a founder of the Ethereum blockchain has become the world’s youngest crypto billionaire. FUN FACT: #Ethereum creator Vitalik Buterin

May 21, 2022 2 mins read

Binance CEO Pens Down Critical Points Regarding Terra Ecosystem Collapse

LUNA team was unable to create enough “revenue” to keep it going. The incentives utilized to attract new investors were not sufficient to keep pace. Following the recent Terra ecosystem collapse, Changpeng Zhao, the CEO of Binance, has continued to express his thoughts on the matter. According to a recent

May 20, 2022 2 mins read

Cardano (ADA) Adds 2,340 Average New Wallets per Day in Last 30 Days

Cardano whale transactions surged to a four-month high. Cardano introduced approximately 70 smart contracts every week. Over the previous 30 days, more than 2,000 new holders have been added per day due to new features and improvements, as well as buyer demand. After a major update in September 2021, the

May 20, 2022 1 min read

iZUMi Finance Raises $30M to Expand Their Ecosystem

iZiSwap that guarantees traders no slippage and cheaper trading fees.  iZUMi’s new, U.S. dollar-pegged, 100% collateral-backed bond iUSD. ZUMi Finance, a multi-chain DeFi protocol that provides Liquidity as a Service (LaaS) on multiple chains, has announced the launch of their next-generation Decentralized Exchange (DEX) iZiSwap on the BNB Chain, along

May 20, 2022 2 mins read

Bitcoin (BTC) Price Surges Above $30K Overnight, Providing Relief For Investors

The lack of a larger pullback helped alleviate concerns about the $22,000 scenario. The $31,500 level may serve as the next significant hurdle. After a sustained decrease, the price of Bitcoin found support at the $28,500 level. A new uptick began once a new base was established at $28,600. The

May 20, 2022 2 mins read

‘The Merge’ Update: Ethereum Schedules Ropsten Merge On June 8

Genesis block on the Ropsten Merge will begin on May 30. The Merge occurs in 3 phases- Beacon Chain, introduction and execution of shards. “The Merge”, formerly known as Ethereum 2.0, is the most anticipated event in the crypto space. With increasing conflicts against high-energy efficient PoW mining, the PoS

May 20, 2022 2 mins read