Tue, February 11

Dogecoin (DOGE) Continues to Plunge! A Sign of Bearish Future

Dogecoin (DOGE) is a popular memecoin with a large user base holding a wide investors community. The main pillar for the coin to emerge and grow in the market is Elon Musk who is known as “Father of DOGE”. In the past few months, Dogecoin continues to plummet marking a

December 6, 2022 2 mins read

Axie Infinity (AXS) Price Rallies 33% In a Week, Will It Continue?

AXS, the governance token of the Ethereum-based P2E NFT game platform, Axie Infinity, is continuously witnessing a significant price surge in the global crypto market. According to statistics provided by CoinGecko, Axie Infinity (AXS) has attained a sudden price rise of 33.1% over the past week. At the time of

December 6, 2022 2 mins read

Indonesia’s Upcoming CBDC Can Be Used in Metaverse

Beginning with domestic bank-to-bank transactions, Indonesia is advancing its “Project Garuda” plans for a central bank digital currency (CBDC) called Digital Rupiah. The official introduction of the Digital Rupiah design happened last week by the Bank of Indonesia. In the meanwhile, other large economies like India have been trying out

December 6, 2022 2 mins read

Cardano’s Founding Member Launches New Social Platform

EMURGO, a founding member Cardano (ADA), has just announced the establishment of a new social media network named the Cardano Spot. To bring together in one place all of the Cardano supporters, admirers, and token holders spread out around the world. Cardano Spot is a user-generated, interactive platform intended to

December 5, 2022 1 min read

USDC Issuer Circle Dissolves SPAC Agreement With Concord

On Monday, Circle Internet Financial, the firm behind the stablecoin USDC, made the formal announcement that it was dissolving its special purpose acquisition company (SPAC) with Concord Acquisition. The original proposal for the corporate merger was made public in July 2021. The firms’ boards of directors, both at Circle and

December 5, 2022 1 min read

$HOOK Price Surges Following Binance Listing

$HOOK, the native token of the Hooked Protocol ecosystem, is continuously witnessing a dramatic price surge in the global crypto market. Following the token’s launch on the Binance innovative zone on December 2, 2022, the value of Hooked Protocol ($HOOK) has seen a remarkable 2000% surge.  Hooked Protocol is the

December 5, 2022 1 min read

Pakistan Enacts New Legislations To Introduce CBDC by 2025

Central bank digital currencies (CBDCs) are seen by regulators throughout the globe as a method to improve fiat capabilities by emulating the technological innovations that fuel cryptocurrencies and their associated financial prowess. Following suit, Pakistan has announced new legislation to facilitate the introduction of a domestic CBDC by 2025. Moreover,

December 5, 2022 1 min read

Tether Co-founder Defends USDT Reserve Claims Post FTX Collapse

The company behind the USDT stablecoin, Tether, has reportedly been lending its coins to consumers rather than selling them for cash, according to a new report. Tether has been criticized for its lack of openness in not publishing the exact amount of USDT reserves it has, and the report claims

December 2, 2022 1 min read

Terra Classic Surges Over 14% Following Binance Massive LUNC Burn

Terra Classic (LUNC), the native token of the Terra blockchain protocol, is currently witnessing a significant price surge amid the gloomy crypto market. The LUNC is currently trending in the market, with a 14.17% increase in the last 24 hours, according to CMC. At the time of writing, Terra Classic

December 2, 2022 2 mins read

Binance Burns 6.39 Billion LUNC Tokens in Monthly Burn Cycle

Binance, the biggest cryptocurrency exchange in the world, has completed the sixth batch of the LUNC burn mechanism, burning nearly 6 billion Terra Classic (LUNC) tokens. With its most recent burn, Binance has now burned about 20 billion LUNC tokens from trading fees on LUNC spot and margin trading pairings.

December 2, 2022 1 min read