The previous few days have seen the burning of more than 1.5 billion LUNC tokens by an entirely new Terra Classic project, DFLunc that was introduced in April.As part of its monthly LUNC burn process, Binance burned 1.27 billion LUNC on May 1. After Binance, the total LUNC burn was
Cosmos (ATOM) is managing to escape the prolonged sell-offs it has experienced over the past week due to a 5% boost in its price in the last 24 hours to $11.10. According to CoinMarketCap data, ATOM rose about 7% from $10.30 to $11.10 just after the update. The news that
Coinbase, one of the major cryptocurrency exchanges, might have offended the frog-themed crypto fans. In their weekly newsletter, the “Coinbase Bytes” email sent to the exchange customers landed in controversy. The newsletter was based on the crazy sentiment the present crypto market is holding towards memecoin. And as given details
Robinhood, the stock and crypto trading platform, released its Q1 2023 results on May 10. The trading platform stated that its cryptocurrency transaction revenue declined by over 1% and reached $38 million. At the same time, overall transaction revenue has increased by 11%. Moreover, the platform also increased its assets
Shiba Inu (SHIB) has been making waves in the cryptocurrency market lately. The cryptocurrency, created as a joke in 2020, has gained immense popularity due to its low price and high supply, making it an attractive option for retail investors. Recently, SHIB witnessed its highest weekly trading volume ever, with
BDO Italia, one of the major international networks of audit and professional services, has revealed that Bitcoin has made up around $1.5 billion of the Tether reserves, which is nearly 2% of the total at the end of Q1. Recently, the stablecoin issuer Tether released the Q1 2023 results. According
Today, Binance has declared its crypto focus on the United Kingdom (UK) than on the United States (US) since it has become harder to tackle the Biden administration. The chief strategy officer of Binance, Patrick Hillman commented that the last 6 months have been confusingly hectic for the US businesses,
With the rise in the wide adaptability of cryptocurrencies, there is an emerging need to generate ways to earn from these coins. Founded in 2016, Gbitcoins is one of the earliest companies that provide cloud mining services by taking minimum charges and giving lucrative rewards to the miners. Thus cloud
Token holders in the Gala Games ecosystem will shortly get new $GALA V2 tokens in exchange for their existing $GALA at a rate of 1:1. Despite Coinbase’s decision to avoid the $Gala (GALA) contract swap, the biggest cryptocurrency exchange in the world, Binance, has opted to support the airdrop. On
Galaxy Digital, a leading cryptocurrency investor, is the latest significant player to leave the United States in response to the recent governmental onslaught. CEO Mike Novogratz of Galaxy Digital made the decision to relocate the company’s operations on Tuesday, May 9. He cited the challenging regulatory climate in the United
