Pudgy Penguins’ strength in the bear market depths could indicate the collection’s blue-chip potential. The NFT collection has increased approximately 400% over the past 24 hours, according to Opensea data.…
Bored Ape NFT liquidation cascade is inevitable according to Web3 launchpad founder “DoubleQ” Many BAYC holders who deposited on BendDAO in exchange for $ETH are at risk of being liquidated.…
Huobi team has tweeted the reason explaining why its stablecoin HUSD briefly lost its peg to the US dollar Per the tweet, HUSD has regained its lost peg to the…
Redlight Finance, a technology company that provides a full crypto technology platform, is introducing Redlight Chain, a Layer 1 EVM compatible blockchain with new functionalities. Redlight Chain is centered on…
Summary: USDT stablecoin issuer Tether released the latest report on its reserves. The report was independently audited by BDO, a major accounting firm ranked in the top five globally. Friday’s…
Canada’s OSFI has created interim rules limiting banks’ exposure to cryptocurrencies. The rules will come into effect in the second quarter of 2023. The regulator will update the interim approach…
Crypto lender platform Hodlnaut has laid off 80% of its staff In a blog post published Friday, the firm added how the decision to lay off employees has been taken…
Former Bitmex CEO Arthur Hayes expects a significant increase if the Merge is successful; therefore, he is not planning a “sell the news” event. In the most recent writings on…
Stable Universal’s HUSD stablecoin has lost its peg to the US dollar The stablecoin was earlier launched in 2018, in collaboration with the Huobi crypto exchange Huobi Bitcoin exchange’s stablecoin…
Summary: Major derivatives marketplace CME Group announced an addition to its crypto offerings on Thursday. The firm plans to launch options on Ether futures around September 12. Users can already…
Summary: The Korea Financial Intelligence Unit announced a crackdown on illegal virtual asset service providers. Authorities named 16 crypto exchanges in a report on Thursday. KuCoin, Bitrue, and DigiFinex and…
The new burn NFT feature launched by Phantom will help users to permanently burn spam NFTs The initiative has been launched to curb malicious activities on Phantom and bolster its…
TL;DR The leading meme coin, $Doge, is expanding its utility with the launch of the blockchain platform Dogechain. Dogecoin holders can bridge their holdings to Dogechain and interact with the…
Canadian investment management firm CDPQ has written off its $200 million investment to Celsius network The firm had earlier invested its stake in Celsius in October 2022 Leading investment management…
Summary: The Ethereum Foundation released an update to debunk misinformation regarding the Merge. ETH’s switch from Proof-of-Work to Proof-of-Stake is scheduled to happen on or around September 15. Final tests…
