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Search Results for: Cryptocurrency

Crypto Exchange Binance Burns Over 2 Million BNB Tokens

Binance, the biggest cryptocurrency exchange in the world, said on Tuesday that it has completed the 23rd quarterly BNB token burn mechanism, destroying 2.02M BNB tokens. Through the BNB Auto-Burn process, Binance hopes to lower the total number of BNB in circulation to 100,000,000. #Binance completes the 23rd Quarterly #BNB

April 14, 2023 2 mins read

Ethereum Staking Might Compromise Privacy

A recent report by Justin Drake, an Ethereum Foundation researcher, raised an alarming issue. He stated that Ethereum staking exposes users’ IP address information, potentially compromising privacy and security. Drake explained that metadata is utilized to keep track of a wide range of information related to transactions. He emphasized that

April 14, 2023 2 mins read

Bitcoin Mining Firm Bitdeer Gets Listed on Nasdaq Post SPAC Deal

Bitdeer, a cryptocurrency miner based in Singapore, is completing a SPAC merger with Blue Safari Group Acquisition Corp. and plans to go public on April 14. The former had announced that it would begin trading on Nasdaq in November of 2021. Due to the challenging conditions brought about by the

April 14, 2023 1 min read

Dogecoin (DOGE) Hits 70% Surge in Trading Volume, What Does It Signify?

Dogecoin (DOGE) gained popularity much above then the cryptocurrency market, all thanks to its mascot and Twitter CEO pet owner, Elon Musk. DOGE is maintaining its presence in the $0.08 to $0.1 range. And few of the memecoin analysts expect it to cross the $0.1 border too. Meme token traders

April 14, 2023 2 mins read

Decentralized Marketplace OpenBazaar Planning Relaunch

After being taken down for more than two years, the decentralized crypto marketplace OpenBazaar looks to be making a return, as shown by a series of posts on social media and GitHub.  A new version of the marketplace, which was shut down in 2020, has been in development since at

April 14, 2023 1 min read

Ethereum (ETH) Jumped Over 13℅ What’s Coming Next?

The spotlight has shifted from Bitcoin (BTC) to Ethereum (ETH) as it continues to recover this year. The second-largest cryptocurrency surged more than 13% this week, surpassing larger rival Bitcoin’s 10% increase during the same period. The excitement over Ether was sparked by the most recent software upgrade of the

April 14, 2023 1 min read

India Warns of Crypto’s Potential to Destabilize Global Economy

India’s Finance Minister, Nirmala Sitharaman, raised concerns about the potential for crypto assets to cause “macroeconomic instability” at a press conference after her meeting with the G20 finance ministers and central bank governors. Speaking at the conference, Sitharaman emphasized: “There is a greater acceptance among all G20 members that any

April 14, 2023 2 mins read

This Ethereum Staking Token Shot up 20% In Just 12H

Post the Ethereum Shanghai Upgrade, the second-largest cryptocurrency crossed the $2,100 level. Amid this ETH hustle, RPL, the native DeFi token of the Ethereum staking protocol Rocket Pool, spiked 20% in just 12 hours. According to data from TradingView, the RPL/USDT spot hit $53.95 on the largest crypto exchange Binance

April 14, 2023 2 mins read

ETH Above $2K and BTC Held at $30K, How High Can They Go?

Bitcoin and Ethereum are making an effort to break through significant price barriers. A day after the Ethereum Shanghai update, the ETH price spiked. Ethereum (ETH) just increased in value by more than 10.49% in the last 24 hours, trading at over $2,116.04. The second-largest cryptocurrency in the world surged

April 14, 2023 1 min read

X-Meta Exchange: Setting the Standard for Quality and Security in the Crypto Industry

ULAANBAATAR, Mongolia–(BUSINESS WIRE)–X-Meta Exchange is setting a new standard in the crypto industry with its innovative technology and commitment to excellence. The Mongolia-based exchange has introduced automated fiat-to-cryptocurrency integration, allowing users to convert their fiat currency from their bank account to their wallet on the X-Meta exchange as BUSD. This

April 14, 2023 3 mins read