Wed, February 12

ApeCoin and Axie Infinity Price Surges 6% in Last 24 Hours

ApeCoin (APE) and Axie Infinity (AXS) are two of the metaverse and gaming-related cryptocurrencies that have had price increases of roughly 6% in the previous 24 hours. Data from CMC shows that APE is up 6.4% to $3.94. AXS is up 6.7% to $6.40, and SAND is up 6.1% to

January 2, 2023 1 min read

Draft Bill on Digital Ruble Submitted to Russian Parliament

Draft legislation on the digital ruble, the CBDC issued by Russia’s monetary authority, has been submitted by a group of Russian legislators headed by the Chairman of the Financial Market Committee Anatoly Aksakov. Moreover, the paper proposes amendments to the law that would pave the way for its implementation. The

January 1, 2023 1 min read

Central African Republic (CAR) Delays Listing of Sango Coin

After being the first African nation to legalize bitcoin over eight months ago. The Central African Republic (CAR) has announced it would not list its “Sango” digital currency. Sango Coin’s marketing staff apparently made the announcement in a Telegram channel, citing “current market conditions” as the reason. The CAR group

December 31, 2022 1 min read

Vader Protocol Announces Closure of Algorithmic Stablecoin USDV

There will be no further releases of the app that generates the stablecoin Vader Protocol US Dollar (USDV), its creators said on December 29. Like the doomed Terra network, Vader protocol was an algorithmic stablecoin network. It was hoped that encouraging arbitrages would ensure that USDV would always be worth

December 31, 2022 1 min read

Shiba Inu Burn Rate Skyrockets by Over 13,000% in Last 24 Hours

According to the SHIB burn tracker Shibburn, the Shiba Inu burn rate has increased by an astounding 13,198% during the last 24 hours. Whales’ comeback and the early 2023 release of the Layer-2 blockchain technology Shibarium are both factors in the high burn rate. The recent rise in volatility is

December 31, 2022 1 min read

Dogecoin (DOGE) Price Turns Green After Recent Blood Bath

On Saturday, the Dogecoin Foundation made an exciting announcement for the Dogecoin community. For the greater good of the Dogecoin ecosystem as a whole, the foundation has established a new community Dogecoin Core development fund. In response, the Dogecoin community rallied, sending DOGE’s price up by more than 2% in

December 31, 2022 2 mins read

Ethereum (ETH) Events and Upgrade Timeline in 2022

Ethereum was created on July 30, 2015, and it is the second-largest cryptocurrency. Since its inception, the price of Ethereum (ETH) has fluctuated between highs and lows, and it is the home of smart contracts and decentralized applications (dApps), contributing to a large portion of the total value locked in

December 31, 2022 1 min read

Turkey’s Central Bank Commences First CBDC Pilot Test

Central Bank digital currencies (CBDC) are central bank-issued digital tokens that function similarly to cryptocurrencies. They correspond in value to the national fiat currency of the nation. CBDCs are the subject of much research and development, with several nations having already adopted them. On Thursday, the Turkish Central Bank stated

December 30, 2022 1 min read

Solana (SOL) Price Regain Amid Vitalik Buterin’s Support

Solona blockchain native token SOL fell by 15% on Thursday after Ethereum developer Vitalik Buterin tweeted support for the blockchain, which has been negatively affected by the collapse of FTX.  According to CMC statistics, SOL has risen from its low of $8.19 on Thursday to $9.50. However, the token is

December 30, 2022 2 mins read

Terra Classic (LUNC) Price Drops Over 9% In 24H, Will It Continue?

After experiencing a dramatic price surge over the last few days, Terra Classic (LUNC) is currently witnessing a breakout from its rapid price spike. LUNC, one of the leading altcoins in the global cryptocurrency market, has attained a significant price increase recently, registering more than 10%. However, the token has

December 29, 2022 1 min read