Ad Liquity protocol’s native token (LQTY) has posted a 32% gain in the last 24 hours following a listing announcement by Binance. Liquity is a decentralized borrowing protocol that allows users to borrow LUSD stablecoin and LQTY. Users can receive interest-free loans using ETH as collateral. Binance to list LQTY Leading crypto exchange Binance announced …
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Ad Binance CEO Changpeng “CZ” Zhao described Forbes’ article comparing his exchange and bankrupt FTX as “another FUD” and “baseless.” In a Feb. 27 report, Forbes wrote that Binance moved $1.8 billion in stablecoin collateral to numerous hedge funds. While Binance chief strategy officer Patrick Hillman denied that the exchange exposed its users’ funds, CZ …
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Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam this role-playing-game-like world as online avatars. …
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Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider worth having in virtual worlds is quite difficult, hampering the adoption process of …
On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin, all the funds that merchants receive and send will be coinjoined, or mixed together with …
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Yearn Finance (YFI) started the year strong, with bulls taking the lead for almost two weeks straight. It recorded a high of $7,651 on February […] Go to Source
The MakerDAO community has turned down Cogent bank’s proposal to borrow $100 million from the platform. According to the decentralized lending platform, the protocol’s governance […] Go to Source
Crypto billionaire Justin Sun has sent hundreds of thousands of Ethereum (ETH) to liquid staking service Lido Finance (LDO). The blockchain-tracking Twitter account Lookonchain reports that the Tron (TRX) founder staked 150,100 ETH worth $240 million on Lido Finance in a series of transactions a few days ago. DeBank, a multichain portfolio tracker, reveals that Sun …
A trader who bought Bitcoin’s November bottom at $16,000, sold its recent $25,000 top and rebought at $23,000 is updating his outlook on the volatile crypto markets. In a new edition of Weekly Roundup, the pseudonymous trader DonAlt says a crucial moment for the markets is on deck as BTC’s monthly close approaches. He says …
Bitcoin (BTC) exchanges have less BTC to buy than at any time since early 2018, the latest data shows. On-chain analytics firm Glassnode confirms that as of February 2023, exchange reserves are at five-year lows. “Wild stat” shows Bitcoin supply maturation The latest statistics to reflect the determination of Bitcoin hodlers, major exchanges’ BTC balances …
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Ras Al Khaimah, one of the United Arab Emirate’s (UAE) seven Emirates, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attract global crypto players. The RAK Digital Assets Oasis (RAK DAO) will be a “purpose-built, innovation-enabling free zone for non-regulated activities …
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The community supporting Illuvium, an interoperable blockchain game, has demonstrated the power of decentralized autonomous organizations (DAOs) after blocking a scheduled nonfungible token (NFT) pack-opening event between Illuvium CEO Kieran Warwick and Three Arrows Capital (3AC) founder Su Zhu. Warwick was scheduled to go against Zhu in an “Influencer Illuvitars D1sk Battle,” where prominent crypto …
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In the aftermath of the FTX collapse, Forbes published an article focused on the recent “shuffling” of funds by the cryptocurrency exchange Binance. However, the following day on Feb. 28, Binance co-founder and CEO Changpeng “CZ” Zhao took to Twitter to tackle the FUD. In response to the article, the CEO said: “They seem to not understand …
Continue reading “Binance CEO responds to mainstream FUD: ‘They don’t know how an exchange works’”
After completing the most successful presale of 2023, Meta Masters Guild is landing on the first cryptocurrency exchange – XT.com, on March 1. Meta Masters […] Go to Source
The Ethereum blockchain’s Sepolia testnet has undergone a successful upgrade that simulates the upcoming Shanghai hard fork expected to take place on mainnet in March. The “Shapella” upgrade, which combines the names of the upcoming Shanghai and Capella hard forks, was successfully implemented on the testnet on Feb. 28. Sepolia testnet has successfully upgraded to …
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