Welly opted to use NFTs to enhance its online presence further. On June 11th, Welly will complete the public auction in its third and final phase. This year, the Shiba Inu (SHIB) ecosystem became a craze. The network’s many collaborations and transactions ensured its relevance. No one was bothered by
Felix Capital, unlike hedge funds, is not aiming for short-term profits. They’ll spend heavily in Europe, but only “selectively” in North America. After obtaining $600 million in new funding, Felix Capital, a major British venture capital company, is expanding into new markets. The new round of funding secured by Felix
One of Singapore’s fastest-growing Decentralized Finance (DeFi) platforms has secured a crypto license from the Lithuanian Registrar of Legal Entities. It allows the platform to provide and operate crypto custodial wallets in Lithuania and exchange cryptocurrency. When the EU Markets in Crypto-assets Regulations (MiCA) comes into force, Cake’s cryptocurrency registration
LBank Exchange, a global digital asset trading platform, will list Source Token (SRCX) on June 10, 2022. For all users of LBank Exchange, the SRCX/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on June 10, 2022. As a global DeFinTech firm, Source Protocol’s ecosystem has been
Chainlink announces its updated roadmap for the implementation of staking. Implementation of long-term goals for staking was planned for the second half of 2022. After updates, the native token LINK hits its four-week high. Chainlink is one of the popular cryptocurrencies in the market which has already captured its notable
Binance – the leading and the largest cryptocurrency exchange in the world, has been deeply driven in expanding its market. On that note, the the CEO of Binance, Changpeng Zhao (CZ) is very much eager in extending the company in all parts of the world. Recently, CZ stated, “Binance is
Custodia was one of the first Special Purpose Depository Institutions (SPDIs). Custodia applied for a Federal Reserve master account in October 2020. Federal Reserve Board of Governors and Federal Reserve Bank of Kansas City are being sued by Wyoming-based digital asset bank Custodia for “unlawful delay” in processing its master
Binance has suspended all withdrawal and deposit functions of the Elrond (EGLD) network on its platform after a hacker attack. According to a report on CoinQuora, the perpetrator made away with $1.65 million worth of EGLD tokens. The declaration happened on the morning of January 8, 2022, through the exchange’s
Several cryptocurrency platforms and investors took to social media to debate the issue. As of July 1, 2022, a 1% TDS will be applied to virtual digital assets. Tax Deductible at Source (TDS) for virtual digital assets has been reaffirmed at 1 percent, as indicated in the Union Budget for
Major South Korean exchanges delist Litecoin (LTC). Major concern towards the privacy features of the new MWEB upgrade. South Korea is extremely stringent towards the safety protocols after the Terra LUNA tragedy. The delisting and ban of Litecoin (LTC) was indeed highly evident more than two weeks back. Ever since,
