Binance implementing a new Binance Coin (BNB) auto burn protocol. BNB will be burned automatically as per the formula. There are two burning mechanisms in total for Binance Coin BNB. The popular cryptocurrency exchange Binance has announced, it will replace its current quarterly burn mechanism, implementing a new Binance Coin
Previously, BitGo, a crypto-custodian, backed this network. Customers of Kraken may now trade Avalanche’s AVAX token. Avalanche is one of several groups benefiting from the present economic scenario. The network is thriving in terms of cooperation and adoption. Many have praised the network’s enormous growth. The stats bolster hodlers and
News of partnership with Terra earlier this week has boosted gains. NEAR employs Doomslug, a proof-of-stake consensus variant. As the day unfolds, there has been a significant increase in trading volume and price movement for NEAR Protocol. Before today’s revelation, NEAR had a loyal following. Most cryptocurrencies and tokens are
The holder gains $DART merely by keeping it in their wallet. SwapX began at $0.05 and reached $0.36 within hours. Let us take a look at 3 recently released metaverse coins that have yielded massive gains. CRYPTOMAFIA (CMF) The biggest gainer out of the three is CryptoMafia, a service that
The market swings were unfavourable for Ether. Bitcoin’s market is now in a tight battle between bulls and bears. A record $142 million outflow from digital asset funds between December 11-17 has led to a shift in market sentiment. Since the cryptocurrency market’s momentum has been flat lately, investors’ faith
2022 would be an era of Web 3.0 after DeFi, NFT and Metaverse development. Like DeFi in the financial industry, these initiatives aim to provide a decentralized internet for customers. Third-generation internet seeks to grow beyond Layer-1 blockchains, data storage and application. It will also cover gaming and the Metaverse
Binance leading the revolution into NFT Gaming Metaverse. The NFT platform recorded over 1 million gaming NFTs in supply. Moreover, NFT won the title of ‘word of the year 2021’. Non-fungible tokens (NFT) are buzzing around the space as a highlighted topic attracting the interests of all individuals through its
There is now a DeFi battle between Convex and Yearn Finance. Additionally, Convex Finance provides enhanced Curve stakes. Stablecoin exchange Curve Finance serves as the foundation for Convex Finance (CVX), an innovative DeFi system. Convex rewards CRV holders and Curve liquidity suppliers with higher DeFi returns at its core. There
During this market crash, many crypto tokens were experiencing a bearish pattern while few altcoins presented their potential with bull run. Within the last week, XRP price has surged over 12% despite the losses suffered by the bulk of crypto coins. Significantly, whales have shifted 449.3 million XRP on December
NFT gaming sector bags in $2.32 Billion in just 3 months. Majority of the market comprises Blockchain gaming & NFT gaming. Metaverse tends to be the future for NFT gaming. There’s no doubt that the blockchain gaming industry which is also now a unique part of the Non-Fungible Tokens (NFT)
