Fri, October 2

Cardano (ADA) Price Plunges 6%, Investors Eye For Vasil Hard Fork Upgrade

The Bollinger Bands indicated a possible reduction in volatility. ADA is down 6.12% in the last 24 hours as per CMC. On the heels of a week in which the majority of digital assets saw outflows, Cardano was one of the exceptions as per CoinShares’ latest digital asset fund flows

May 24, 2022 2 mins read

IMF Managing Director Showered Appreciation Towards Cryptocurrencies at WEF

She also joked about the “hate tweets” she got when the IMF voiced an objection. According to her, the President of El Salvador Nayib Bukele made the “sovereign decision”. After the catastrophic collapse of the Terra ecosystem, the IMF’s managing director has declared that the world should not be discouraged

May 24, 2022 1 min read

Nigerian Government Partners With Algorand to Launch Major Crypto Initiative

Developing Africa Group has been granted exclusive rights under the agreement. The project is a significant step forward in the worldwide use of cryptocurrencies. Nigeria’s government would have exclusive intellectual property rights for a national wallet for the next three years. The Developing Africa Group has agreed to help build

May 24, 2022 2 mins read

Top 3 DeFi Projects by Developer Activity: UNI, OSMO and YFI

Automated and open token trading are one of the goals of Uniswap. Osmosis has been down 10.62% in the last 24 hours. Let us look at the top 3 DeFi projects by developer activity as per CryptoDep. Uniswap (UNI) One of the most widely used decentralized trading protocols, Uniswap is

May 24, 2022 2 mins read

Terra (LUNA & UST) – The Journey So Far

In the past, the crypto market has faced failures in the algorithmic stablecoins, the mechanism behind the stablecoins seems to be prominent in papers. Still, when it comes to executing them in the real-world, the hurdles are more challenging. Some examples to be remembered are Titan and Iron.  The fundamental

May 24, 2022 4 mins read

Top 5 Crypto Coins By LunaCrush’s Galaxy Score

ROSE HODLers gain 20% APY rewards. Polygon (MATIC) is trading down 7.54%. Let’s take a look at the top 5 coins ranked by LunaCrush based on their social impact and investors’ sentiment in the market. TOP 15 coins by @LunarCrush Galaxy Score Galaxy Score is a proprietary score that is

May 24, 2022 2 mins read

Coinbase – The first crypto firm in the 2022 Fortune 500

Early today, FORTUNE revealed the 68th 2022 FORTUNE 500 annual list for all the leading and largest companies in the U.S. Interestingly, the ranking of these corporations depends on the revenue rate for the 2021 fiscal year. One among the list is Coinbase, largest cryptocurrency exchange in the United States. 

May 24, 2022 2 mins read

ADDX Received $120M From Singapore Venture Capital

Thai stock exchange SET is the new investor in the pre-Series B round to raise funds of around $120 million. The Singapore-regulated exchange for blockchain and smart contract-based security tokens, ADDX formerly known as iSTOX, has raised $58 million (USD in the pre-Series B round, to bring its total funding

May 24, 2022 2 mins read

Amount of Bitcoin Held in Exchanges Hit Its 2-Year Lowest

The recent rally of the largest cryptocurrency towards the $30k support level in the green zone raised speculations among investors. Bitcoin hit a high of $30,590 USD on Monday, relieving the panic since early May when the crypto market significantly began to crash. In case Bitcoin sustained or surged above

May 24, 2022 1 min read

eBay Offers First NFT Collection Based on NHL Legend Wayne Gretsky

Sports Illustrated magazine covers served as inspiration. The Genesis NFTs auctioned on eBay are sold for US dollars, unlike most NFTs. On Monday, eBay released its first non-fungible token (NFT) drop with a series of tokenized memorabilia starring Canadian hockey player, Wayne Gretsky, a legend in the NHL. Sports Illustrated

May 24, 2022 1 min read