Sun, October 4

Tether Denies Claims of Inadequate Stablecoin Reserves

The firm disclosed the intention to provide monthly updates on the financial reserves. It denied the article’s assertions that the company is losing money. As Tether put it, “unsubstantiated conclusions” have been made about the stablecoin’s reserve adequacy. Tether responded with a statement after a Wall Street Journal report raised

August 30, 2022 2 mins read

Cardano Treasury Balance Crosses Over 1 Billion ADA ($497M)

There are now 1,075 active projects on the Cardano blockchain.  Cardano creator Charles Hoskinson said that the Vasil hard fork is imminent. According to Daniel Ribar, of IOG’s Project Catalyst’s Community/Product division, the Cardano Treasury Balance is now above 1 billion ADA. At the current currency rate, this amounts to

August 29, 2022 1 min read

Ripple CEO Denies Funding Law Firm to Target Organizations

SEC has filed an action against Ripple, arguing that the XRP coin is a “security.” It was reported that Kyle had approached the CEO about becoming an angel investor. Ripple’s CEO, Brad Garlinghouse, has publicly denied the claims made by whistleblower Crypto leaks. According to claims, Garlinghouse funded Kyle Roche

August 29, 2022 2 mins read

Can Terra Classic (LUNC) Erase the Dreadful Past?

From its autumn high of roughly $110, Luna’s value plummeted to nothing. A resumption of the strong downturn is possible if the RSI breaks beyond 60. During recent times, Terra Luna Classic (LUNC) has been roaring. The token saw a 23.4% increase in anticipation of the upgrade on Aug 26,

August 29, 2022 2 mins read

Top 5 Crypto Gainers: XEC, CHZ, HT, IOTX, LEO

The top 5 cryptos , according to the CMC, are XEC, CHZ, HT, IOTX, and LEO. The XEC is trading at its top level  with a gain of 34.21%. The worldwide market cap is currently trading at $1.09 trillion, down from 24 hours, and the cryptocurrency market is currently experiencing

August 29, 2022 3 mins read

Terra LUNC Price Surges 13% Amid Massive Burn and Upgrade

Members of the Terra Classic community have reportedly burnt 3.08 billion tokens. The upgrade was scheduled for around 2022-08-26 at 22:00 UTC. Since the community burn campaign has grown, the value of LUNC has increased by 13%. Luna Classic (LUNC) and UST Classic (USTC), two tokens in the Terra ecosystem,

August 27, 2022 2 mins read

USDC Stablecoin Now Accepted on Travala Through Polygon Network

Reddit’s NFTs, dubbed “Collectible Avatars,” are going to be minted on Polygon. The stablecoin may be used to buy over 3 million different kinds of travel services. Through the Polygon Network, USDC is now available on Travala.com. This is the first time the company has connected to the Network. The

August 26, 2022 2 mins read

USDN Stablecoin Loses $1 Parity Yet Again This Year

The price declined to $0.82 in May and again to roughly $0.93 in June. As rumors of market manipulation spread in April, the USDN dropped to $0.78. Another algorithmic stablecoin is showing symptoms of strain as it slips below its United States dollar peg, just as the crypto industry is

August 26, 2022 2 mins read

Polygon Co-Founder Unveils $50 Million Web3 Venture Fund

Polygon has secured $450 million significant funding round earlier this year. Three blockchain-based gaming firms have received funding from Symbolic’s fund. Polygon, a layer two scaling platform built on Ethereum, has secured $450 million significant funding round earlier this year. Sandeep Nailwal, co-founder of the protocol, has revealed that he

August 26, 2022 1 min read

Uniswap Community Votes in Favor of Uniswap Foundation

The polls were open from August 17 to Wednesday, August 20 at 2:19 pm GMT +10. There needed to be at least 40,000,000 votes cast in support. After receiving more than 99% of the votes from Uniswap (UNI) holders, the $74 million proposal by two former Uniswap Lab executives for

August 26, 2022 2 mins read