Mon, October 5

Justin Sun Clarifies Over Recent $236M USDC Transfers

In the last three weeks, Justin Sun has sent roughly $236 million to Circle. As the company expands, more resources will be devoted to supporting it. Justin Sun, the founder of Tron, dispels speculation about large-scale transactions made via his accounts in recent weeks. He denied reports that the company

October 21, 2022 2 mins read

Cricket Icon Virat Kohli Enters the World of Metaverse

Indian cricketer, Virat Kohli announces his partnership with the NFT platform, FanCraze. The collaboration allows cricket fans to buy and collect player cards, and play cricket games to win big prizes. Virat Kohli, an Indian international cricketer and one of the most influential sports figures has announced his entry into

October 21, 2022 2 mins read

Top Crypto Price Risers in the Previous Hour

Top 3 crypto price gainers in the Last Hour are TON, CSPR, NEXO, LEO,CRV. TON has increased over the past few hours by almost 8.63%. Here are the top 5 gainers over the last few hours. Toncoin (TON) Toncoin (TON) is the native token of the Open Network (TON), a

October 21, 2022 3 mins read

EURS and the State of the Stablecoin Race

In 2022, euro-denominated digital assets have gained in popularity and many experts believe that the formation of this new sector will against all odds become a cornerstone for the future economy.  The stablecoin economy is worth roughly $150+ billion today, with euro-backed stablecoin issuance experiencing a drastic increase of 1,683%

October 21, 2022 4 mins read

IRS Revises Crypto Reporting Rules Defining Digital Assets

Taxpayers will need to disclose any and all transfers of digital assets. The year 2022 is the first year when the phrase “digital asset” may be used on tax returns. The Internal Revenue Service (IRS) is extending its mandate for citizens to disclose cryptocurrency transactions. A new draught of Form

October 21, 2022 2 mins read

User Exploited To Pay Approx $155,443 Gas Fees on Ethereum

The validator kept these costs for themselves after approving the trade. MEV strategists may profit from arbitraging these kinds of on-chain chances. A user of Ethereum seems to have fallen prey to an unusual attack. In a report published, blockchain security firm PeckShield claimed that an Ethereum user had been

October 21, 2022 1 min read

Brazil ATMs will distribute Tether USDT Stablecoin

Tether enables 24,000 ATMs around Brazil country to provide Tether USDT. As of 2021, around 34 million eligible population in Brazil are still unbanked. Tether USDT, the stablecoin functioning over the Tether blockchain platform has partnered with SmartPay. This partnership will enable 24,000 ATMs around Brazil country to provide Tether

October 21, 2022 1 min read

DeFi Protocol Moola Market Exploited of $8.4 Million

The exploiter stole 243,000 CELO from Binance and used it in an attack. Users were cautioned against trading mTokens, Moola’s interest-bearing tokens. Millions of dollars were made off of yet another DeFi protocol. The non-custodial liquidity protocol on Celo, Moola Market, is the protocol at hazard this time around. Moola,

October 21, 2022 1 min read

German Crypto Bank and Exchange Nuri Announces Shut Down

CEO Kristina Walcker-Mayer of the German firm announced the shutdown. The company first debuted in 2015 under the name Bitwala. As the CEO said, the trade will be possible on the platform until November 30th, 2022. Following a temporary insolvency filing by Nuri in August, the company has now made

October 21, 2022 1 min read