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Search Results for: bitcoin

PayPal Reveals Plans To Integrate Crypto Services Into Its System

PayPal’s vice president made the announcement at the World Economic Forum on May 23 that the company is going all-in on crypto. The world’s largest payment processor is making every effort to integrate crypto services into its system. Possible Stablecoin and Digital Wallet At the World Economic Forum, Vice President

May 23, 2022 1 min read

RBI Governor Shaktikanta Das Reaffirms Stance Citing Recent Crypto Crash

The RBI has not reportedly placed any shadowban on exchanges. The influence of cryptocurrencies on India’s macroeconomics has been frequently raised. As the cryptocurrency market continues to plummet, RBI governor Shaktikanta Das reaffirmed the central bank’s view that investors and the government should avoid investing in cryptocurrencies. During an interview

May 23, 2022 1 min read

DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance

Singapore, Singapore, 23rd May, 2022, Chainwire DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, officially announces the formation of its Technical Committee after a community vote on the DeFiChain Improvement Proposal (DFIP) – 2205-A. A staggering 96% votes were

May 23, 2022 3 mins read

OKX Saves Users From LUNA/UST Crash

OKX saves millions for its users. OKX risk protection system comes into action. Promotes as the only crypto exchange to do so. The still persistent market crash not only brought the Bitcoin (BTC) to lows, but a tragic event, witnessing the dead fall of the LUNA and the Terra UST.

May 23, 2022 2 mins read

Litecoin(LTC), the Next LUNA? Exchanges Worried!

LTC brings out new privacy protocol updates. Exchanges worried over the new update. LTC may face the same fate as that of LUNA. Usually, a token gets an update to upgrade itself, specializing it more for the users. More the users and circulation, more will be the value of that

May 23, 2022 2 mins read

Terra USD (UST) Price Surges Above 50% From Its ATL

Terra ecosystem is in halt from delegation at block height 7607789. The current price is $0.06853 which is 94% lower than ATH. Terra’s stablecoin UST attained it’s All Time Low (ATL) on May 13, the price was $0.04495199, as per CoinGecko. The stablecoin remains de-pegged from May 9th and has

May 23, 2022 2 mins read

BingX Launches USDC-Margined Perpetual Swap for its Users

Singapore, Singapore, 23rd May, 2022, Chainwire Social trading platform BingX is pleased to launch its USDC-margined perpetual swap. This new product will allow users to trade using their USDC balance on BingX’s derivatives exchange. Using Bitcoin as an example, traders will be able to place an order based on the

May 23, 2022 1 min read

Terra Co-founder Mentions Sending Token to Burn Wallet is Not a Good Idea

The whole system’s failure has wiped out the ecology and shattered its trustworthiness. A situation where no multisig is involved is strange and hazardous. Theory, loss and response are only some of the reactions to Terra’s extinction. Because of the failure, many thought that this one was doomed. Tether’s Chief

May 23, 2022 2 mins read

Tron (TRX) Price Defies Market Momentum, Maintains Bullish Course

When UST fell, TRX too had a bearish shock. The chain’s TVL has grown by 0.02 percent in the last seven days. During the month of May, the Tron (TRX) token has outperformed the majority of other major cryptocurrencies. The blockchain looks like one of the few industries that remained

May 23, 2022 2 mins read

Controversial Entrepreneur Martin Shkreli Claims Using Uniswap in Prison

Martin Shkreli spoke to Twitter only a few hours after he was released. Responses poured in, including one from Uniswap’s founder. The controversial entrepreneur Martin Shkreli spoke to a group of crypto fans on a Saturday morning about his views on the future of Bitcoin and DeFi. According to Shkreli,

May 23, 2022 1 min read