Mon, September 21

Grayscale’s Large Cap Fund Now Includes Polygon (MATIC)

Bitcoin (BTC) now accounts for 65.12% of the $193 million fund. The fund decided to sell its holdings in XRP after Ripple lawsuit. As part of its quarterly rebalance, top cryptocurrency asset management Grayscale has announced that it would now support Polygon (MATIC) in its large-cap cryptocurrency portfolio. In February

October 8, 2022 1 min read

Reserve Bank of India (RBI) Reveals Upcoming CBDC Plans

The paper provides a concise overview of the rationale for the launch of CBDC. Since its inception, the RBI has been wary of public blockchains and cryptocurrencies. In a 51-page memo released on October 7, the Reserve Bank of India (RBI) detailed the planned characteristics and rationale for the central

October 8, 2022 2 mins read

BNB Chain Proposes Governance Vote Over Stolen Funds

The criminal stole $110 million using the cryptocurrencies Fantom, ETH, and Polygon. Before the suspension, the hacker still had roughly $400 worth of assets on the network. The team behind BNB Chain, previously Binance Smart Chain (BSC), has lost millions of dollars’ worth of assets in a cross-chain attack, and

October 8, 2022 2 mins read

Court Declines Arrest Warrant Against Detained Terra Executive

According to the judge, Yoo returned even after an arrest order had been issued. Yoo faces many charges, including fraud, and breach of duty among a few. Earlier, it was claimed that the Head of General Affairs for Terra had been taken into custody. It has been claimed that the

October 7, 2022 1 min read

MakerDAO To Invest $500M in U.S Treasury and Corporate Bonds

It started with a $1 million pilot transaction, and the rest will follow shortly. MakerDAO’s native stablecoin, DAI, will be converted to US dollars. In a Thursday announcement, MakerDAO, the biggest DeFi lending protocol in the world, said it will invest $500 million in US Treasury bonds and investment-grade corporate

October 7, 2022 2 mins read

South Korean Authorities Arrest Terra’s Head of General Affairs

Kwon has been given 14 days by the South Korean authorities to turn up his passport. Both the South Korean government and Interpol are looking for Kwon. Reportedly, Yoo Mo, Terra’s Head of General Affairs, has been detained by South Korean authorities. The first person to be apprehended in the

October 6, 2022 2 mins read

Top Cryptocurrencies by Price Surge in the Last Hour

The top price gainers of the past hour are ENS, XRP, XEC, XLM, and ALGO. ENS has increased by nearly 0.98% in the previous hour. Let’s take a look at the top Cryptocurrencies of the Last Hour, in terms of price gain. Ethereum Name Service (ENS) The decentralized name system,

October 6, 2022 2 mins read

Shopping.io Ecommerce Platform Accepts MATIC Payments

A 2% discount is available for the first 30 days as part of the new integration. Robinhood released their web3 beta wallet onto the MATIC network. Polygon, which debuted in 2017, has quickly become one of the sector’s most intriguing and profitable endeavors. Prior to April 2021, it was known

October 5, 2022 2 mins read

Crypto Transfer Feature Enabled For Users by Telegram

The Open Network (TON) Foundation is responsible for developing the service.  A 0.9% commission would be applied when selling cryptocurrency. Telegram released its crypto transfer and exchange tool at a time when more and more traditional businesses are using crypto. Telegram, a provider of instant messaging services, has introduced a

October 5, 2022 1 min read

Ethereum Price on Recovery Mode as Bulls Start Dominating

ETH is consolidating between $1,420 and $1,200, showing positive momentum. Despite the recent drop in ETH prices, the vast majority of holders are still profitable. The price of Ethereum has seen gains on Tuesday, suggesting a healthy return. In the last 24 hours, the price of Ethereum has taken an

October 4, 2022 1 min read