Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in the last 24 hours. Daily trading volume was at a six-month high without a corresponding price growth. Following Binance CEO...
As hyperinflation grips Lebanon, the locals have turned towards decentralised mechanisms like cryptocurrencies to sustain their livelihood in the long run. Lebanese citizens have started accepting digital crypto payments, which have now become an integral part of their day-to-day lives. Lebanese Locals Warms Up To Crypto Lebanese citizens, according to...
Despite being embroiled in an array of legal allegations and accusations, Luna crypto founder Do Kwon is defiantly protecting himself, which may later land him in additional trouble. South Korean prosecutors have shared new details about Terraform Labs’ founder, Do Kwon. Per the latest report by Bloomberg, Terra’s crypto founder...
P2E gaming platform Gala Games is experiencing a fallout from some community members over a recent security incident. Reports have emerged that hackers made off with over $4 million in GALA. Holders are also seeing a massive drop in their GALA holdings, with little information as to what exactly is...
The beleaguered Tron stablecoin USDD has broken out of its slump, with a 500% increase in users in Q3. Crypto market intelligence firm Messari published a report on Nov. 3, highlighting how the stablecoin had seen growth across a few metrics. The better performance is a positive sign for the...
Summary: The price of popular memecoin DOGE rallied by over 100% in the last week, courtesy of Elon Musk’s Twitter acquisition. On-chain data assessment revealed that the current market is marked by buyers exhaustion. Key indicators on the daily chart suggested that a price reversal is imminent. Courtesy of Elon...
Ethereum is all set to undergo another crucial upgrade dubbed “Shanghai,” which will play an elemental role in determining its price in the long run. A recent meeting chaired by the Ethereum Foundation’s Tim Beiko along with other developers concerning the upcoming Shanghai upgrade has led the crypto proponents to...
Meme coin proponents will soon have access to wrapped Dogecoin tokens thanks to a BitGo partnership.
The crypto market is looking much more positive as it heads into the new year, with Bitcoin holding steady above the $20,000 level. Other crypto assets have also been doing well, most notably Dogecoin (DOGE), but the market’s biggest asset is where all eyes are on. The crypto market had...
Stablecoin issuers Circle and Paxos have won approvals for their respective licences from the Monetary Authority of Singapore. The approvals received will help these firms offer crypto-related services in Singapore, which has lately been emerging as one of the leading financial hubs of the world. Circle and Paxos Will Provide...
Twitter owner and CEO Elon Musk tweeted a picture of a Shiba Inu on Nov. 1, sending DOGE into a 22% rally in just 4 hours. The meme coin has had a phenomenal week because of Musk’s acquisition of Twitter, with the token up by nearly 160% over the past...
Huobi’s native stablecoin, HUSD, has depegged from its $1 value The token is down 60% in the last 24 hours. Huobi’s native stablecoin HUSD has plunged to new lows. According to Wu blockchain, the exchange’s stablecoin has depegged from its dollar parity and is down 60%, trading at $0.2971 HUSD...