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Search Results for: stablecoin

Ignore Fud (4TOKEN) Escalates in Trend with Major Price Rally

While the never-ending memecoin season continues in the cryptocurrency market, the new novel-based meme token “Ignore Fud (4TOKEN) buzzed Crypto Twitter” with a significant price rally. In the last 24 hours, 4TOKEN’s price climbed more than 25% from $0.0001889 to $0.0002969.  Ignore Fud is a novel meme token on the

May 2, 2023 1 min read

PayPal’s Venmo To Introduce Crypto Transfers In May

Venmo, a digital payment service in the U.S. has come up with introducing crypto payments and transfers even from fiat currencies sooner in May. This announcement of Venmo was given in the press release by Jose Fernandez da Ponte of PayPal, the parent company on April 28.  Dropping in to

April 29, 2023 1 min read

Polygon Lending Protocol 0VIX Exploited of $2M by Hackers

Lending protocol on Polygon and Polygon zkEVM, 0VIX, purportedly exploited to the tune of $2 million. Multiple stablecoins, including Ethereum and Polygon’s native MATIC token, as well as Aavegotchi’s staked vGHST token, may be used as collateral thanks to this protocol. Aavegotchi is a blockchain-based game that takes inspiration from

April 28, 2023 2 mins read

Justin Sun Plans BRICS Nations to Legalize TRON Tender

Justin Sun, the CEO and Founder of TRON (TRX) appeared in an exclusive interview with Bloomberg TV this Wednesday. He discussed the development of stablecoins and the lawsuits he faced in the crypto industry. In an exclusive interview with @BloombergTV, @justinsuntron discusses the rapid growth of stablecoins on the #TRONNetwork,

April 28, 2023 1 min read

Crypto Market Needs Regulation to Attract Institutional Money, Says Kevin O’Leary

Kevin O’Leary, the Canadian businessman known as Mr. Wonderful, stated that no new money is coming into Bitcoin and crypto from institutions until there’s regulation.  In an interview with YouTuber Kevin, O’Leary stated that Bitcoin is locked in purgatory and has been trading between $17,000 and $30,000 for a long

April 28, 2023 1 min read

Binance Announces Addition of DOGE/TUSD Trading Pair

On Thursday, the biggest cryptocurrency exchange in the world, Binance, announced the addition of the DOGE/TUSD trading pair in an attempt to boost Dogecoin trade volume. Dogecoin is now available on Binance alongside the USDT and BUSD trading pairs. Binance is the dominant Dogecoin trading platform, therefore their action is

April 27, 2023 2 mins read

Venom Foundation Launches Hackathon With A $225,000 Prize Pool

Abu Dhabi, UAE, April 27th, 2023, Chainwire   Venom Foundation has teamed up with DoraHacks, Developer DAO, and Hacken to launch its first-ever virtual hackathon. The event aims to equip developers with all the tools and resources necessary to start building on the Venom blockchain. While registrations begin on the

April 27, 2023 5 mins read

Ethos Reserve Pledges Up To $4.4 Million To Accelerate Layer-2 DeFi Adoption On Optimism

DeFi users can receive rewards by providing liquidity on Optimism protocols such as Digit.xyz, Velodrome, and BeethovenX over the course of the next 12 months LOS ANGELES–(BUSINESS WIRE)–Starting on Monday, May 1st, Ethos Reserve, in collaboration with the Optimism Foundation, will be distributing up to $4.4 million worth of OP

April 27, 2023 2 mins read

Securities Commission of the Bahamas Puts Forth Stringent Crypto Regulations

The Securities Commission of the Bahamas (SCB) has instituted stringent new regulations for Virtual Assets Service Providers (VASPs) seeking to operate within its jurisdiction as a means of demonstrating that it has learned from the demise of the FTX Derivatives Exchange. The SCB claims it has raised financial and reporting

April 26, 2023 2 mins read

DEX Uniswap Reports $1.5 Trillion Trading Volume Milestone in April

Even though the crypto industry has seen substantial growth this year, volatility has been a constant. In spite of this competition, Uniswap has maintained its position as the decentralized market leader. Across all blockchains, it still commands over $4 billion in total value locked (TVL), making it one of the

April 26, 2023 2 mins read