Sat, October 3

Binance to Operate in Philippines – CZ Discourses for Authorized License

Binance – the leading and the largest cryptocurrency exchange in the world, has been deeply driven in expanding its market. On that note, the the CEO of Binance, Changpeng Zhao (CZ) is very much eager in extending the company in all parts of the world.  Recently, CZ stated, “Binance is

June 8, 2022 2 mins read

Illuvium Manages to Sell $72M Worth NFT Land Via Dutch Auction

NFT minting costs a fraction of what Yuga Labs’ Otherside selling charged consumers. Illuvium’s native ILV token holders will get a portion of the $4,018 ETH earned. For its non-fungible token (NFT) Land, Illuvium succeeded in maintaining the average transaction cost at under $20 by conducting a Dutch auction on

June 8, 2022 1 min read

Hackers Siphon $5M Worth Tokens From Cosmos-based Osmosis

Developers have shut down the Osmosis blockchain to avoid additional harm. This flaw was regularly exploited, as shown by on-chain transactions. Decentralized trading platform Osmosis, created on CosmosSDK, was hacked, emptying its liquidity pools of $5 million. Developers have shut down the Osmosis blockchain to avoid additional harm. According to

June 8, 2022 1 min read

Solana Launches $100M Investment Fund for Web3 Businesses in South Korea

According to Solana, gaming, and NFTs make up the majority of South Korea’s activity. Recently, NFT trading and DeFi operations have increased on Solana. Web3 enterprises in South Korea will be supported by a $100 million investment and grant pool created by Solana Ventures and the Solana Foundation. By investing

June 8, 2022 1 min read

Report: Binance Halts EGLD Network Following $1.65M Loot

Binance has suspended all withdrawal and deposit functions of the Elrond (EGLD) network on its platform after a hacker attack. According to a report on CoinQuora, the perpetrator made away with $1.65 million worth of EGLD tokens. The declaration happened on the morning of January 8, 2022, through the exchange’s

June 8, 2022 2 mins read

Crypto Tax TDS Percent in India Rectified After Typo on Income Tax Website

Several cryptocurrency platforms and investors took to social media to debate the issue. As of July 1, 2022, a 1% TDS will be applied to virtual digital assets. Tax Deductible at Source (TDS) for virtual digital assets has been reaffirmed at 1 percent, as indicated in the Union Budget for

June 8, 2022 2 mins read

Ethereum’s Testnet Ropsten PoS Merge Commences Now!

ETH testnet Ropsten merge to PoS onsets. Developers are confident over the merge. Price of ETH is expected to soar high currently. Any news or upgrades or highlights or even something which we could expect from the stables of Ethereum (ETH) are usually a rare sighted blood moon. Accordingly, the

June 8, 2022 2 mins read

Prominent South Korean Exchanges Delists Litecoin (LTC)

Major South Korean exchanges delist Litecoin (LTC). Major concern towards the privacy features of the new MWEB upgrade. South Korea is extremely stringent towards the safety protocols after the Terra LUNA tragedy. The delisting and ban of Litecoin (LTC) was indeed highly evident more than two weeks back. Ever since,

June 8, 2022 2 mins read

Cardano Treasury Holds 500M USD Worth ADA

Cardano treasure holds 900M ADA and spent 27M on Project Catalyst. The price of ADA is $0.6478 with 10% growth at present. The Cardano treasury has confirmed that they had an account of 900M ADA which was valued to be 500M USD. Also, they have made statements on the expenditure

June 8, 2022 2 mins read

Top 3 Altcoins For June 2022: ILV, GALA and COPI

Gala is down 5.93% in the last 24 hours. Illuvium hopes to appeal to both casual gamers and diehard DeFi enthusiasts alike. Let us look at the top 3 altcoins for June 2022. Illuvium (ILV) The Ethereum blockchain powers Illuvium, an open-world fantasy war game. With various collecting and trading

June 8, 2022 1 min read