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Search Results for: Ethereum

National Australia Bank Introduces a New Stablecoin

Australia’s second native currency-backed stablecoin is going to be live soon, as regulated banks around the globe are turning their focus over the stablecoins. National Australia Bank (NAB) has developed an AUDN, having a one-to-one peg with the Australian dollar. Australia and New Zealand Banking Group Limited (ANZ) released the

January 19, 2023 2 mins read

BitMart Exchange Announces $CORE Listing

Crypto firms and platforms have demonstrated their positive stamina despite the bearish market conditions that witnessed the negative trends of significant cryptos such as Bitcoin and Ethereum. The listing of new coins and tokens has been kept alive by exchanges that create more liquidity in the market. This will help

January 19, 2023 2 mins read

Buyer Purchases 69 DeGod NFTs Worth $1 Million Via Magic Eden

On Monday, an unnamed trader who goes by the handle “Pokeee” paid over $1 million to “sweep” 69 DeGods NFTs. Using a technology that allows purchasers to “sweep the floor,” or acquire a specified amount of NFTs, Pokeee acquired the NFTs from a project via the Magic Eden marketplace. To

January 18, 2023 1 min read

ConsenSys Announces Laying Off 11% Staff Amid Economic Downturn

ConsenSys, an Ethereum development firm and the creator of the popular MetaMask wallet, has announced it would be laying off 11 percent of its staff. The announcement was made by CEO Joseph Lubin in a blog post earlier today. In light of what Lubin calls “challenging and uncertain market conditions,”

January 18, 2023 1 min read

Shiba Inu Price Soars Over 16% In Last 24-Hours

The memecoin Shibu Inu price has exploded by over 16% in the past 24 hours and trades at $0.00001239.Furthermore, the crypto market cap has increased overnight to close to $1 trillion on CoinMarketCap. SHIB Finally Moving Bullish Gokhshtein Media’s founder David Gokhtein said “SHIB finally moving,”  Earlier this week, Gokhshtein

January 18, 2023 1 min read

Polygon (MATIC) Has Finally Upgraded Network Hard Fork

Polygon (MATIC), an Ethereum layer 2 scaling protocol, has successfully completed a hard fork. The upgrade intends to address the network’s gas spike and chain reorganization issues (reorgs). As per Polygonscan data, the software was upgraded to Polygon PoS. In an Ethereum-compatible Proof-Of-Stake sidechain, on Jan 17 at 10:45 UTC

January 18, 2023 2 mins read

Shiba Inu & Dogecoin to the Moon, Will it Continue?

Since the start of 2023, the global crypto market encountering bullish momentum. Also, social media was buzzing with dog-themed cryptocurrencies. The Shiba Inu ($SHIB) community, known as the ‘SHIB Army,’ has been waiting for the beta version of the Layer-2 scaling solution, “Shibarium”, which is designed for the SHIB ecosystem. 

January 18, 2023 2 mins read

Fidelity-backed Exchange ‘OSL’ Reduces Headcount Amid Sluggish Market

After many months of volatility in the cryptocurrency market, the Hong Kong-based digital asset exchange OSL has decided to slash its operating expenses by around a third. This involves reducing the size of the personnel; however, the company did not disclose how much percentage of its workers were let go.

January 18, 2023 2 mins read

Bitcoin Bulls Greatly Influence the Crypto Market

On January 17th, the top virtual currencies were in a state of divergence at the start of trading. As the world crypto market cap dwindled by 0.84 percent to $982.47 billion in the preceding 24 hours. The total crypto market volume for that period was augmented by 17.74 percent to

January 18, 2023 2 mins read