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Crypto Exchanges and DeFi Tokens Stumbles Upon Market Slump

Ever Since last week, the complete crypto market is in a very miserable state of condition. This directly affected most of the crypto exchanges as well as top DeFi tokens too. Exchanges like Coinbase, Binance, Kraken, and Gemini are taken into account including DeFi tokens like Uniswap (UNI), Chainlink (LINK),

May 24, 2021 2 mins read

Mystical Whale Holds Worth $15 Billion of Dogecoin

The mystic whale now holds 36.7 billion Dogecoins. They purchased 420.6899 more coins on Thursday. Even crypto experts are not sure about the whale’s exact identity. A mystical whale is the largest Dogecoin holder in the world, it holds around 36.7 Billion of Dogecoins worth $14.7 Billion. According to blockchain

May 24, 2021 2 mins read

Ethereum Foundation: Berlin Hard Fork Addressed ‘Clear and Present’ Threat

The foundation messes around with gas prices The network upgrade that integrates four EIPs is Berlin hard fork. Devcon is organized by the Ethereum Foundation (EF). The organization that supports the block of the same name is the Ethereum Foundation. The recent Berlin hard fork said, the foundation messes around

May 24, 2021 2 mins read

Is Binance Smart Chain Safe? Two Flash Loan Exploit in a Week

BSC’s DeFi experienced a flash loan exploit for the second time in a week. A new attack drained $3 million from DeFi platform Bogged Finance. PancakeBunny suffered following a $200M major exploit. Binance Smart Chain decentralized finance ecosystem experienced a flash loan exploit for the second time in a week

May 24, 2021 2 mins read

Licensed Crypto Miners in Iran Suffers Power Shut Down

The Iranian Government announces to plug-out the power for cryptocurrency miners due to over consumption of power. Illegal crypto mining affects the licensed digital currency miners. Unauthorized Crypto Miners consumes more power Iran worries about crypto mining centers consuming more power. This results in the shortage of electricity faced by

May 24, 2021 2 mins read

Cryptocurrency Becomes ‘The Digital Gold’, Present and Towards Future

Former Director of the National Economic Council of the United States, Lawrence Summers stated cryptocurrencies will feature as the ‘Digital Gold’ and it will remain of prominent importance for the economy.  Summer’s Digital Gold Theory  Despite Bitcoin (BTC) selling short, Lawrence Summers commented positively upon the entire crypto industry, stating

May 24, 2021 2 mins read

Dynamo Kyiv: Leading Soccer Team Is Launching NFT Tickets

Dynamo Kyiv launches NFT tickets for the 2021 season. Binance NFT and Moonwalk will be the NFT providers. Dynamo Kyiv plans to offer 25% of its tickets in NFT’s. Dynamo Kyiv, a professional soccer team in the Ukrainian Premier League, is launching NFT tickets for the 2021 season. Besides, NFT

May 23, 2021 2 mins read

Fan Token Chiliz Achieved Another Win

Chiliz the famous fan token achieved another win Aston Martin Cognizant and Alfa Romeo Racing are the two latest launch tokens Chiliz also joined NASCAR’s Roush Fenway Racing. By signing a pair of popular European teams, Chiliz the famous ‘fan token reward and blockchain achieved another win. A digital currency

May 23, 2021 2 mins read

Crypto Exchanges in Hong Kong Allow Services Only to Professional Investors

Crypto Exchanges in Hong Kong will allow services to only professional investors. FSTB has been consulting on proposed changes to the current “opt in” system. Investors must hold portfolios worth HK $8M to qualify for professional investor status. Hong Kong-based crypto exchanges have to obtain licenses from the territory’s markets

May 23, 2021 1 min read

Bitcoin Mining in Iran May Reach Over $1B

Bitcoin Mining in Iran may reach over $1 billion in revenue Iran currently holds accounts for 4.5% of Bitcoin mining. Iran-based miners paid directly in Bitcoin. The regulated mining activities in Iran maybe reach more than $ 1billion in revenues. This may help the country elude economic sanctions inflicted by

May 22, 2021 2 mins read