Mon, September 21

Whale Alert: $73M Worth of XRP Accumulated in Last 24 Hours

The data tracker shows that a “whale” just invested more than $40.1 million in XRP. The XRP price has increased by almost 1.58% in the previous 24 hours. In the last 24 hours, Ripple’s native coin, XRP, has become one of the most popular cryptocurrencies among the whales. The statistics

August 23, 2022 1 min read

Near Protocol’s Rainbow Bridge Successfully Defies Exploit

In only 31 seconds, the hackers lost their 5 Ethereum investment. No funds were compromised despite the hacking effort. Over the weekend, there was yet another effort to break into the Rainbow Bridge of Near Protocol. In a tweet yesterday, Aurora Labs CEO Alex Shevchenko said that the project had

August 23, 2022 2 mins read

Shiba Eternity P2E Game To Be Presented at Gamescom Expo

Notable dates for the 2022 Gamescom include August 24th through the 28th. In 2018, the event attracted 370,000 attendees and included 1,037 exhibitors. William Volk, a Shiba Inu game consultant, has announced his attendance at Gamescom, the biggest video game trade expo in the world. Recently, Volk announced on Twitter

August 23, 2022 2 mins read

Circle Led USDC Stablecoin Held by Large Whales Plummet

The top 1% of addresses recently controlled 87.667% of all USDC. On-chain statistics show a sell-off of USDC over the previous two weeks. As the bear market in cryptocurrencies continues, the share of USDC stablecoins owned by significant wallet addresses has fallen to its lowest level in over two years.

August 22, 2022 2 mins read

Samsung Securities Plans To Open Crypto Exchange in South Korea

Only two of the seven companies were uncovered by the research. Mirae Asset Securities has launched a new division under its sister firm. From rapidly sketching up a structure controlling the market to exploring a number of different platforms. Several conventional brokerages in South Korea were apparently getting ready to

August 22, 2022 2 mins read

Highly Anticipated Ethereum Merge Would Not Lower Gas Prices

Following the Merge, there will be no discernible increase in transaction speed.  The Merge will render energy-intensive mining obsolete. In a statement published on Wednesday, the Ethereum Foundation made it clear that the planned proof-of-stake transitional update to the network, known as the “Merge,” would not result in lower gas

August 22, 2022 2 mins read

Lending Protocol BendDAO Under Pressure Over NFT Massacre

There are just 15 WETH in the contract at the time of writing. An estimated 15,000 ETH (Ethereum) remains to be paid to lenders. It has been discovered that the Wrapped Ether (wETH) contract used by the lending protocol BendDAO has exhausted its supply. There are just 15 WETH in

August 22, 2022 2 mins read

STEPN Collaborates With Atletico de Madrid Over NFT Collection

Each of the 1,001 pairs of boots is a “Genesis” model. Each NFT holder gets placed into a lottery for a trip to Madrid, Spain. To celebrate the launching of a new collection of 1,001 soccer boot NFTs in STEPN’s “move-to-earn” running app, the company joined up with Spanish soccer

August 22, 2022 2 mins read

XRP Representing Lawyer John Deaton Targets U.S. SEC

The XRP legal team has said that they have used Peirce’s statements as evidence. As for the SEC Commissioner, Deaton claims he has been praising for almost two years. Several prominent figures in the digital asset business are questioning the U.S. Securities and Exchange Commission’s (SEC) recent legal actions. The

August 21, 2022 2 mins read

DeFi Platform Fei Protocol’s Founder Devises Ghosting Tribe DAO

Fei Protocol offered the hacker $10 million in exchange for the restoration. The agreement strives to protect the FEI peg without the requirement for governance. To mitigate the effects of an assault in April 2022 that syphoned out approximately $80 million from several Rari Fuse pools, the DeFi platform Fei

August 21, 2022 1 min read