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Search Results for: crypto exchanges

Support for Upgrading BNB Beacon Chain From Binance

At a block height of 264,000,000, the BNB Beacon Chain is expected to undergo a hard fork. With this upgrade, the network would no longer have DEX functionality. Numerous networks have been concentrating on accelerating the developmental side of things as the bears present the cryptocurrency market in a negative

September 1, 2022 2 mins read

Ever-Highest Inflation Rates Were Observed in Italy 

Consumer prices have increased by 0.8 percent every month, speeding up from the 0.4 percent rise in July Bitstamp, Crypto.com, and Coinbase have received approval for their services in Italy. According to current trend happens, there has been widespread inflation all around the world. The recent data, Italy has had

August 31, 2022 2 mins read

Thailand SEC Charges Bitkub Exchange’s CTO of Insider Trading

Bitkub’s CTO Samret Wajanasathian was penalized 8,530,383 baht (about $234,000). The announcement caused a 101% increase in the price of KUB. Enforcement procedures were taken by the Securities and Exchange Commission of Thailand. The action was taken against the chief technology officer of the cryptocurrency exchange Bitkub. This was for

August 30, 2022 1 min read

Multiple Factors Behind Ethereum (ETH) Dumping Prior to Merge

Whales are unloading their ETH reserves because of the anticipated deflationary trend. The expiration of $2 billion in options on September 30 is also a big concern. The EIP-1559 burning mechanism will cause a deflationary trend in the price of Ethereum (ETH) following the Merge. However, ETH continues to fall

August 29, 2022 2 mins read

Super Clash in September: Vasil Hard Fork Vs Ethereum Merge

The long-awaited Ethereum merging, scheduled for around September 15. Ethereum makes the switch to the proof-of-stake consensus process. The Ethereum Merge and Cardano’s Vasil hard fork are both approaching quickly. Cardano is an open-source, peer-reviewed blockchain platform designed to address global identity management issues by using smart contracts and NFTs.

August 28, 2022 1 min read

Terra LUNC Price Surges 13% Amid Massive Burn and Upgrade

Members of the Terra Classic community have reportedly burnt 3.08 billion tokens. The upgrade was scheduled for around 2022-08-26 at 22:00 UTC. Since the community burn campaign has grown, the value of LUNC has increased by 13%. Luna Classic (LUNC) and UST Classic (USTC), two tokens in the Terra ecosystem,

August 27, 2022 2 mins read

Zonda Receives Official License from OAM to Operate in Italy

Tallinn, Estonia, 26th August, 2022, Chainwire   Central and Eastern Europe’s largest digital currency exchange, Zonda, has been awarded an official license from the ‘Organismo Agenti e Mediatori’ (OAM) to operate as a virtual asset service provider in Italy.   The licensing of Zonda in Italy is an important step

August 26, 2022 2 mins read

Polygon Co-Founder Unveils $50 Million Web3 Venture Fund

Polygon has secured $450 million significant funding round earlier this year. Three blockchain-based gaming firms have received funding from Symbolic’s fund. Polygon, a layer two scaling platform built on Ethereum, has secured $450 million significant funding round earlier this year. Sandeep Nailwal, co-founder of the protocol, has revealed that he

August 26, 2022 1 min read

Binance Signs MoU With City of Busan To Promote Blockchain

The trading platform will help promote the Busan Digital Asset Exchange. Binance and Busan will also share their respective order books. The arrival of Binance, the biggest cryptocurrency exchange in the world, in South Korea is eagerly anticipated. Binance has inked a memorandum of understanding with the city of Busan

August 26, 2022 2 mins read

Intermediaries No Longer Need to Manage Digital Assets, Says Ledger CEO

Pascal Gauthier says there is no longer a need for centralized exchanges. Consumers should utilize decentralized technology, as per the Ledger CEO. Pascal Gauthier, the CEO of Hardware wallet developing technology, Ledger recently warned the consumers in connection with investing in centralized exchanges. In an interview held at the Bitcoin

August 26, 2022 2 mins read