Report: Tanzania Closer to Launching a CBDC
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for…
Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins
Established stablecoin trading pairs have struggled to keep stable at crypto exchanges around the world. Here are the updates as the situation evolves. The crypto winter could be claiming more…
Madonna’s nude NFT launch triggers a mix of emotions from the community
From being inspired to bashing the artwork’s “flaws,” the community responded to Madonna and Beeple’s latest NFT drop. The queen of pop has collaborated with record-setting artist Beeple to create…
ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market. ApeCoin (APE) has undergone a sharp recovery after falling to its lowest…
Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains
Total assets invested in crypto ETFs and ETPs hit $16.3 billion by the end of the first quarter, but the community is still waiting for a spot Bitcoin ETF in…
5 Next Cryptocurrency to Buy for 10X Returns – May 2022
Cryptocurrencies provide financial opportunities to users. However, the most enticing aspect of crypto assets is the opportunities they offer investors to earn profits. Over 10,000 cryptocurrencies exist in the crypto…
Terraform Labs Plans to Burn Over $1 Billion UST As LUNA Falls Below 10 Cents
LUNA creator Terraform Labs released an action plan to combat the current crisis The protocol will burn its UST holdings to reduce liabilities UST on the Ethereum network will also…
BlackRock and Citadel Securities Firmly Reject Rumors About Involvement in Luna & UST Crash
Both BlackRock and Citadel Securities have denied the rumors that they were involved in the recent crash of LUNA and UST. Unsubstantiated rumors have been making the rounds on social…
Terra Price Prediction – LUNA Is Crashing Aggressively
Terra (LUNA) Price Prediction – May 12Previously, before the May 5th session that marked the start of the major economic downing in most of the crypto business operations, Luna is…
PancakeSwap governance proposal set to cap CAKE supply at 750M
A snapshot motion issued by the PancakeSwap team received over 11 million CAKE votes since commencement, with the majority of participants favoring the v2 evolution. PancakeSwap, the decentralized finance (DeFi)…
Binance Futures delists coin-margined LUNA perpetual contracts
Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday. Amid the collapsing Terra network’s cryptocurrencies Luna (LUNA) and TerraUSD…
Coinbase CEO says funds are safe amid bankruptcy protection fears
Brian Armstrong, co-founder and CEO of Coinbase, responded to fears surrounding a disclosure that the company made in its recent report. Following the Coinbase report where the company declared its…
Leaked report: South Korea to establish crypto framework by 2024
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research. The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time…
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists…
Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the…