Sat, October 3

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

Crypto Security Firm ‘Casa’ Adds Support For Ethereum

Casa, a business that provides security services for Bitcoin, stated on Wednesday that it will soon begin offering the same solutions for Ethereum and assets built on top of it. According to a statement released by Casa, the firm will begin rolling out Ethereum compatibility to users in January. Casa

December 1, 2022 1 min read

Shiba Inu Worth $16.56M Moved by Whales as Market Rebounds

After a year of volatility in the cryptocurrency market, prices have started recovering in recent days. Yesterday, there was a significant increase. The coins are still trading in the green, prompting optimistic forecasts for the year-end. Shiba Inu prices have gained marginally in the last day. As of this writing,

November 30, 2022 1 min read

ApeCoin (APE) Price Skyrockets Ahead of APE Staking Rewards Launch

ApeCoin (APE), the native utility token of the APE ecosystem, dramatically surges during the last few days. Despite the current gloomy trend of the global cryptocurrency market, ApeCoin is witnessing a massive price increase, registering a 31.9% jump in the past 7 days. At the time of writing, ApeCoin is

November 30, 2022 1 min read

150 Million LUNC Burnt by Terra Classic Community in November

The Terra Classic community plans to burn a large number of LUNC tokens in order to decrease the token’s supply and boost its price. After Terra Rebels increased the burn rate with the v22 update, staking, and the 1.2% burn tax, the community has burnt almost 29 billion LUNC tokens

November 29, 2022 1 min read

Ukraine Eyes CBDC For Retail and International Transactions

The National Bank of Ukraine is contemplating the introduction of a digital Ukrainian hryvnia that would be suitable for a range of applications, including the distribution of virtual assets and their subsequent trade. According to a press release issued on Monday, the Central Bank has met with representatives from the

November 29, 2022 1 min read

Reserve Bank of India Announces CBDC Pilot Launch in 4 Cities

The Reserve Bank of India (RBI) stated on Tuesday that it would begin testing its retail central bank digital currency (CBDC), the digital rupee, in Mumbai, New Delhi, Bengaluru, and Bhubaneswar with the first cooperation of four banks: State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank.

November 29, 2022 2 mins read

Top 5 Crypto Gainers of Today

The crypto market facing a bearish market for the past few weeks the global market cap is falling from trillions to billions. The present global market trading with $836.43B and it has increased to 2.03% from 24 hours. These are the top 5 gainers from 24 hours. Fantom (FTM) Fantom

November 29, 2022 3 mins read