Thu, February 13

MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin

MakerDAO has developed a contingency strategy to shield its native stablecoin DAI from additional exposure to potentially unstable stablecoins. Amidst the volatility that has plagued the crypto market over the last twenty-four hours. Especially with USDC depegging from its $1 value. And mounting fears over the degree to which it

March 12, 2023 2 mins read

USDC Back on Track as Circle Announces Corporate Resources Backing

Circle, the company behind the USDC, said in a statement that the stablecoin will once again be exchangeable for dollars at a rate of one-to-one beginning on Monday. As a result of the unexpected closure of SVB on March 11, the company has developed a strategy to draw into its

March 12, 2023 1 min read

Shibarium Early Public Beta Test Dubbed ‘Puppynet’ Now Live

After considerable buildup, Shiba Inu’s principal developer Shytoshi Kusama finally revealed that the beta test for Shibarium has gone live. A huge, worldwide, and decentralized community, the developer argued, required a decentralized layer 2 network. Introducing the Shibarium Early Public Beta! Find out about it, see the #shibthemetaverse WAGMI Temple

March 12, 2023 2 mins read

Will the Ongoing USDC Depeg Worsen Crypto Winter Further?

The second largest stablecoin USD Coin (USDC) depegged from its $1 parity owing to the shutdown of the US banking giant Silicon Valley Bank on Friday. The failure of this largest bank is registered as the worst banking crash since the 2008 financial crisis. The custom of crypto firms depositing

March 11, 2023 2 mins read

Stablecoin Providers Adapt to Changing AML Landscape in Crypto

As the world of cryptocurrency and stablecoins continues to evolve and gain mainstream adoption, the importance of implementing effective anti-money laundering (AML) practices becomes increasingly crucial. By adhering to AML regulations and guidelines, the crypto industry can establish greater credibility and trust among investors and regulators, ultimately leading to a

March 11, 2023 5 mins read

Top 5 Trending Cryptocurrencies on Twitter

Here are the top 5 trending cryptocurrencies on Twitter. Let’s check out the trending reasons now. Shiba Inu (SHIB) Over the past few weeks, Shiba Inu has witnessed a dramatic increase in the value of the Shiba Inu (SHIB) token, a digital asset. A virtual reality project called the metaverse,

March 11, 2023 2 mins read

CryptoGPT Launched its Native Token GPT

Today, the Ethereum-based zero-knowledge (ZK) layer-2 blockchain CryptoGPT launches its native crypto token ‘GPT.’ By debuting its own currency, CryptoGPT is seekings to capitalize on the popularity of ChatGPT and artificial intelligence (AI). However, leading cryptocurrency exchanges such as Bitfinex, PancakeSwap, Uniswap, Bybit, Bitget, and others listed the new crypto

March 10, 2023 1 min read

Cryptocurrency Market Cap Dropped Below $1 Trillion

Global cryptocurrency market has fallen down below the long-maintained $1 trillion market cap. The present crypto market capitalization is $928,980,961,277, which is quite frightening. Trading volume in the last 24 hours is $68,881,759,540. If the crypto scenario is studied excluding the Bitcoin (BTC) contribution, the market cap is $544 billion.

March 10, 2023 1 min read

Ripple’s XRP Back to the Spotlight With February Highs

Today’s major mover was Ripple native cryptocurrency XRP, as prices surged for a fourth day of a green candle in a week. Less than 24 hours after trading at a low of $0.3864, XRP/USD soared to an intraday high of $0.3957. Following the recent rally, the 4th largest altcoin XRP,

March 9, 2023 2 mins read

Vitalik Buterin Contributes $15M USDC Towards Airborne Diseases Research

Vitalik Buterin, the co-founder of Ethereum, has contributed $15 million USDC from the Balvi Philanthropic Fund. This is towards the University of California, San Diego, to fund studies into airborne diseases. This grant is said to be the largest ever contributed to open-source research on aerosols. And one of the

March 8, 2023 1 min read