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Search Results for: Cryptocurrency

LBank Exchange Stands With the Crypto Community Amid the Market Downturn

Crypto education is booming and LBank, a top cryptocurrency exchange, which ranks as the 12th most valuable Bitcoin trading platform is at the center of it. The LBank team has hosted educational events all across the globe in August 2022. LBank has positioned itself on the front lines of generating

September 7, 2022 2 mins read

Ethereum (ETH) Price Down by 8% Despite Merge Developments

Earlier yesterday, the Bellatrix update for Ethereum’s Beacon chain went live. The Ethereum merge began with this update and will conclude with the Paris upgrade. But despite all the excitement around the integration, the price of Ethereum has dropped by about 8%. The current market price is $1,519. It is

September 7, 2022 2 mins read

Polygon Network Backs Impending Ethereum Merge

The cryptocurrency industry as a whole will benefit from the Ethereum Merge.  The last significant update before the transition, Bellatrix was completed. According to Polygon Network, the impending Ethereum Merge will eliminate almost 99.1 percent of the network’s carbon footprint. With the impending Merge, it will be significantly less harmful

September 7, 2022 1 min read

RBI to Trial CBDC With the Participation of Public-Sector Banks

RBI asked four government-owned banks to participate in the CBDC trial. Recently, the RBI declared that the CBDC will launch in 3 stages. Ahead of the launch of the central bank digital currency (CBDC), India’s central bank, the Reserve Bank of India (RBI), has reportedly requested four government-owned banks to

September 7, 2022 2 mins read

Relisted Reddit NFT Avatar’s on OpenSea Witnesses Price Surge

OpenSea, a marketplace for non-fungible tokens (NFTs), has seen increased demand for Reddit’s blockchain-based avatars, outselling the platform’s own shop. In July of 2022, Reddit, the “front page” of the internet, announced collectable avatars, becoming a part of the developing world of NFTs. Since their release in August, the avatars

September 7, 2022 2 mins read

Elon Musk Claims 90% Twitter Comments are Bots

Musk has pledged $44 billion to purchase Twitter for $54.20 a share. Musk alleged that Twitter misrepresented the prevalence of spam accounts. Elon Musk, CEO of Tesla, tweeted out a snapshot of many fictitious accounts purporting to be Binance CEO Changpeng Zhao’s replies to Musk yesterday and claimed that “90%

September 6, 2022 2 mins read

Terra (LUNC) Price Surges More Than 70% in Last 24 Hours

The price of LUNC has increased by over 180% in seven days. There are now over 528.8 billion LUNC staked. Community efforts like token burning and staking as well as project development, ecosystem education, and governance led to a tremendous increase in the value of all Terra tokens. In particular,

September 6, 2022 2 mins read

Ethereum Successfully Deploys Long-awaited Bellatrix Upgrade

The transition from PoS to PoW will become fully operational in the next update. The switch might be finalized between September 10 and September 15. On Tuesday, the long-awaited Bellatrix update to Ethereum’s blockchain has been deployed, marking the beginning of the network’s transition from proof-of-work to proof-of-stake. The Bellatrix

September 6, 2022 1 min read

Bluebit Exchange Announces Listing of Doge Killer (LEASH)

$LEASH’s all-time-high (ATH) price was more than $8983 at one point, a year ago. Recently, Bitmart announced the listing of Bone ShibaSwap (BONE). BlueBit is the newest crypto exchange to offer Doge Killer (LEASH) from the Shiba Ecosystem. SHIB and BONE, the two other tokens, were already on the list,

September 6, 2022 2 mins read

The Brazilian Regulatory Body Prohibits Bybit Exchange

The Brazilian Securities and Exchange Commission (CVM), recently announced the ban of prominent cryptocurrency exchange, Bybit. According to the official announcement, the regulatory body ordered the suspension of Bybit, from engaging in the securities brokerage business. CVM stated: “Public offering of any securities intermediary services, directly or indirectly, to Brazilian

September 6, 2022 1 min read