Thu, February 5

Privacy Coin Beam’s Price Falls 30% as Binance Announces Delisting

The news that Binance, the biggest cryptocurrency exchange in the world, would be delisting Beam (BEAM) caused its price to plummet. According to statistics compiled by CoinMarketCap, BEAM has lost 30% of its value in the previous 24 hours. The cryptocurrency exchange said that the BEAM token did not match

January 19, 2023 1 min read

National Australia Bank Introduces a New Stablecoin

Australia’s second native currency-backed stablecoin is going to be live soon, as regulated banks around the globe are turning their focus over the stablecoins. National Australia Bank (NAB) has developed an AUDN, having a one-to-one peg with the Australian dollar. Australia and New Zealand Banking Group Limited (ANZ) released the

January 19, 2023 2 mins read

Terra Classic (LUNC) Community Burns Whopping 16 Billion LUNC

Amid the pressure to speed up the burn rate, the Terra Classic community has burnt up almost 16 million LUNC tokens in less than a week. In 2023, validators and projects working with Terra Classic want to burn billions of Terra Classic (LUNC) to increase the burn rate. An estimated

January 19, 2023 1 min read

Polygon (MATIC) Has Finally Upgraded Network Hard Fork

Polygon (MATIC), an Ethereum layer 2 scaling protocol, has successfully completed a hard fork. The upgrade intends to address the network’s gas spike and chain reorganization issues (reorgs). As per Polygonscan data, the software was upgraded to Polygon PoS. In an Ethereum-compatible Proof-Of-Stake sidechain, on Jan 17 at 10:45 UTC

January 18, 2023 2 mins read

Shiba Inu & Dogecoin to the Moon, Will it Continue?

Since the start of 2023, the global crypto market encountering bullish momentum. Also, social media was buzzing with dog-themed cryptocurrencies. The Shiba Inu ($SHIB) community, known as the ‘SHIB Army,’ has been waiting for the beta version of the Layer-2 scaling solution, “Shibarium”, which is designed for the SHIB ecosystem. 

January 18, 2023 2 mins read

Ethereum (ETH) Validators Reaches Whopping 500,000 Milestone

According to BeaconScan statistics, the number of Ethereum (ETH) validators has surpassed 500,000 in anticipation of the Shanghai upgrade in March. A validator is a node in a proof-of-stake (PoS) blockchain. That verifies the legitimacy of network transactions and prevents double-spending. Staking 32 ETH, or around $50,000 at today’s exchange

January 18, 2023 1 min read

Bank of America (BOA) Backs CBDCs and Stablecoins in Latest Report

Stablecoins and CBDCs, issued by central banks, have captured the interest of governments throughout the world. Evidence for this comes from the fact that several nations are embracing CBDCs and launching pilot programmes to fully integrate them into daily life. Recent events include the introduction of a CBDC pilot programme

January 18, 2023 2 mins read

Circle CEO Anticipates More Crypto Firms Filing Bankruptcy in 2023

On Tuesday, Circle CEO Jeremy Allaire predicted additional bankruptcy filings in the cryptocurrency sector in 2023. Due to ongoing early-stage company struggles. He is nevertheless hopeful about forthcoming market innovations. And an increase in the pace of crypto adoption in 2023 as a result of advancements in legal frameworks and

January 17, 2023 1 min read

Solana Users Can Now Bypass Network Congestion Paying Higher Fees

On Monday, Solflare, a wallet on the Solana network, revealed that users will be able to pay higher gas prices in order to bypass network congestion. Solrise Finance co-founder Vidor Gencel stated: “[Solflare] is the first to implement this in a user-friendly way. In-wallet transactions will automatically be prioritized with

January 17, 2023 2 mins read

Russia and Iran Reportedly Collaborating To Develop New Stablecoin

According to reports, the Russian government and the Central Bank of Iran are discussing the possibility of forming a collaboration to develop a new stablecoin that may simplify cross-border transactions. The value of the token will be tied to that of gold. Vedomosti, a Russian news site, claims that officials

January 17, 2023 2 mins read
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