Binance the world’s most prominent cryptocurrency exchange announced that once again it has added a fiat gateway for the Nigerian Naira (NGN). Binance making more effort to extend cryptocurrency use and accessibility for the general public. As part of this Nigerian users can now able to deposit and withdraw NGN
Following recent developments, Binance CEO Changpeng Zhao declared over the weekend that the exchange will sell off all of its FTT holdings. After the announcement, the price of FTT dropped dramatically, losing about 10% of its value in a single day. Before the crypto community had time to process what
Binance has changed the frequency of its Terra Classic (LUNC) burn mechanism from once every week to once every month. The trading costs on LUNC spot and margin trading pairs on Binance have resulted in the burn of 13.712 billion LUNC tokens so far. In addition, more than 26.361 billion
For each time one of an artist’s NFTs is resold, the creator receives a royalty payment. The royalty rates for each NFT may be found in the contract that governs the NFT. The smart contract will distribute a portion of the creator’s requested royalties to the secondary market when a
The open Beta release of Xternity, a WEB3 platform for games, and the accompanying $4.5 million were just revealed. Prominent names in the game industry and the web3 community have contributed to the funding. Companies like Jibe Ventures, Flori Ventures, Secret Chords, Vgames, and NFX are among them. Xternity was
Volatility has returned to the crypto markets. Coinglass reports that in the last 24 hours, $3.15 billion worth of Bitcoin (BTC) has been sent to exchanges, that is 152,000 Bitcoins. Now, it’s typically not a positive indicator when cryptocurrency is transferred from wallets to exchanges. This opens the door for
Binance, sensing the worldwide vigor for soccer, has announced a new online challenge in which participants have the chance to win a variety of incredible prizes, including over $1,000,000 in tokens, limited-edition NFTs, and premium club experiences like player meet-and-greets and training ground tours. Launching on November 7th, Binance’s “Football
The Biggest ETH Whale purchased almost 133,533,637,671 (133.53B) SHIB thereby increasing its Shiba Inu holdings. The total worth of the SHIB coins is $1.60 million and was bought in just one day. As a smart act, the Whale scooped these huge Shiba Inu coins in three separate transactions. The recent
The cryptocurrency market is down again this morning. It is currently trading at $1.04T, with a drop of 1.86%. However, Bitcoin is trading steadily around $20k, while Ethereum is trading above $15k. Even though both top coins are trading in red and the entire crypto market is facing a bearish
FTX is third only to a George Soros-owned corporation and a firm called Uline. The efforts may pay off in the form of improved regulation for the cryptocurrency industry. Sam Bankman-Fried, a crypto billionaire, is one of the biggest contributors to the 2022 U.S. midterm elections. It has been shown
