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DeFi

Finance Heads in the Group of Seven (G7) Requested for Quick and Exhaustive Cryptocurrency Control

22 May 2022 @ 22:47
Member countries of the group of seven had a meeting from 18th to 20th of May. This meeting took place in Bonn and Konigswinter in Germany. Amidst the matters that were talked about is the control of crypto properties. This came after the crash of Terra (LUNA) and (UST). The G7 agrees with the working […]
 

Do Kwon and Daniel Shin (CEO and Co-Founder) of Terraform Labs, to Face a legal action From a South Korean Law Firm.

21 May 2022 @ 14:30
Chief Executive Officer and joint founder of Terraform Labs may soon have to face legal action and confiscation of their property. This is coming after the Terra (LUNA) crash which happened the previous week. The Law firm (LKB and Partners) disclosed its intention of taking legal actions against Kwon to the newspaper (Munhwa Illbo) in […]
 

Bitcoin Crash; Having Unfavourable Effect on the Economy of El Salvador

17 May 2022 @ 16:20
In September 2021, the president of El Salvador, Bukele Nayib decided to adopt Bitcoin as the means of economical activities. This makes El Salvador the first country to make Bitcoin a legal tender. Bitcoin, which has been bullish until it reached its $68,000 all-time-high in November, started a down-trend to date. Now, Bitcoin is priced […]
 

The Recently Crashed Terra/USD Appears to Be Recovering on the 2-hour chart

16 May 2022 @ 16:11
TerraUSD experienced a sudden price crash which started on the 9th till 13th May. However, between the 14th and 15th of May, signs of recovery have been seen. TerraUSD, being a stable coin is not meant to be this volatile. It is expected to be pegged at $1, but at the present, it is trading […]
 

Whales Are Silently Expanding Their Wallets on Some Ethereum-Based Altcoins

10 May 2022 @ 14:37
There has been some interesting rank movement of some altcoins on the Ethereum network as whales, very rich wallet holders, are acquiring a large amount of some of these altcoins. According to information got from WhaleStat, an online whale-monitoring organization, ApeCoin (Ape), Loopring, MATIC, Serum, SAND, and even ETH among others are being acquired by […]
 

DeFi Coin Soars By Over 500% In Two Days As DEFC Prepares For Bull Cycle

09 May 2022 @ 22:55
DeFi Coin (DEFC) surged by over 175% last Wednesday alone, as the price rallied to $0.23 on Bitmart. On that day, the DeFi token jumped from a daily low of $0.08 to tap a high of $0.25, a jaw-dropping 300% single-day move. That said, DEFC did not stop there. Instead, the cryptocurrency surged by another 124% […]
 

Ethereum Indicates Dipping to Its Lowest Following Its Biggest Yielding To Trading Quotient in 3.5 Years Appears

08 May 2022 @ 23:10
From the latest tweets, Santiment a blockchain data supplier disclosed that the figure of Ethereum debiting and crediting that occurs at a time when participant’s addresses are at a deficit, is more than when their wallets are making gains by nearly 3.4 times. That is the largest increase in this quotient in more than three […]
 

The Largest DeFi Exchange Running on Cronos Blockchain Network Loses $2 Million to Hackers

08 May 2022 @ 02:21
MM.Finance, a community of interacting Decentralized Finance applications and the largest DeFi exchange running on Cronos blockchain, was on the receiving end of a two million dollar malicious attack. This event was made public three days ago (Thursday) after the hacker broke into the application’s user interface and begin transferring funds to his or her […]
 

CAR (Central African Republic) Makes Bitcoin Its National Currency

07 May 2022 @ 22:48
Bitcoin has been authorized as the official currency in the Central African Republic. CAR ranks as one of the most impoverished nations in the globe, while the nation is blessed with natural resources such as Uranium, Diamond, and yellow metal (Gold). CAR has been ravaged by clashes between Muslim rebels and militia formed for defensive […]
 

Cardano-based Metaverse Project, Apexaverse commences its $AXV Private Sale.

04 May 2022 @ 19:53
Apexaverse sits at the intersection of Play-to-Earn (P2E) 3D games, NFTs, and Web3 launches its private sale to early investors. The purpose of this sale is to raise funds to be able to develop key enablers beyond the combat game to offer the best experience for our users, community, and impact project investors. $AXV token […]
 
 
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