Sun, October 26

New Stablecoin ‘GHO’ Proposal Approved by AAVE DAO

An overwhelming majority of 1,793 people voted in favor of the measure. From the 28th of July 2022 until the 31st of July 2022, a voting window was open. The AAVE DAO approves AAVE’s plan to create the algorithmic stablecoin GHO. Aave Companies, the company behind AAVE, presented a request

July 31, 2022 2 mins read

Shiba Inu Team Unveils New SB Visa Card Pumping Burn Rate

Reflex Finance, a decentralized swap platform listed SHIB. SHIB Burn Visa Card would burn a small token amount every time the card is used. When Shiba Inu’s new SB Visa card teaser appeared recently, it was followed by many exchange listings for SHIB. Cooperative efforts from both the SHIB community

July 31, 2022 1 min read

Cardano Stablecoin Djed Mainnet Deployment Delayed

Vasil update planned for the end of this month has been pushed off for few more weeks. Until the Vasil update is live, COTI says, the Djed mainnet rollout will be on hold. COTI, a major enterprise-grade financial organization, has given an update on Cardano’s stablecoin Djed deployment on the

July 31, 2022 2 mins read

Vitalik Buterin Takes a Dig at Current Metaverse Development Firms

The co-founder of Ethereum, Vitalik Buterin, has indicated he doubts the success of any “existing corporate attempts” to build a Metaverse. According to Vitalik Buterin, any companies attempting to develop the Metaverse at this time will fail. The "metaverse" is going to happen but I don't think any of the

July 31, 2022 2 mins read

Ripple Purchased Millions of XRP Under Buyback Program in Q2

The XRP buyback program is intended to be sold to On-Demand Liquidity (ODL) firms. The use of Ripple’s ODL solution has increased significantly in the last quarter. When Ripple released its Q2 2022 financial report, it revealed that it has been purchasing XRP back from the secondary market. The XRP

July 31, 2022 2 mins read

Cardano’s Vasil Hard Fork Postponed For Few More Weeks

Final testing and other minor concerns are to blame for the new delay. Cardano’s newest delay did not seem to bother the community all that much. Networks may flourish only if they get regular updates. Adapting to the market’s demands, as well as its faults, is now a requirement, especially

July 30, 2022 2 mins read

Top 5 Gainers From the Previous Week

The crypto market is now entering a bullish market. The top 5 gainers from the past 7 days are OP, ETC, BTG, RVN, and QTUM. These are the top 5 gainers from the previous week, according to Coin Market cap with a total market cap of $1.10T, which rose 4.85

July 29, 2022 2 mins read

Prominent Game Studio Immutable Lays Off 6% of its Personnel

A value of $2.5 billion was put out by Immutable after a $200 million round of funding. TikTok and GameStop have just developed an NFT marketplace using Immutable X. Due to the effects of the prolonged crypto winter, several crypto firms have laid off employees and the recent one is

July 29, 2022 2 mins read

Polygon Network Witnesses Rapid Growth as per Q2 Report

The network’s average transaction cost decreased by 49% to $0.018 in Q2. Polygon is up 9.56% in the last 24 hours. as per CMC. PoS blockchain Polygon released its Q2 statistics in the most recent update. Through this current crypto market bear market, Polygon underlined its growth figures, stressing that

July 29, 2022 1 min read

Solana-based Algorithmic Stablecoin Nirvana Exploited of $3.49M

There are two tokens in the Nirvana system: NIRV, a stablecoin, and ANA. Almost 82 percent of NIRV’s value has been lost. Nirvana, a Solana-based algorithmic stablecoin, was allegedly targeted by a flash loan. The sum of the exploit, according to the Twitter user “FA2 | SolanaFM,” was $3.49 million.

July 28, 2022 1 min read
Little Pepe