Binance is on the verge of finalizing Swipe acquisition

Taking pride in being one of the world’s largest cryptocurrency exchanges, Binance is all set to acquire the last patch of outstanding shares of Swipe to finalize the acquisition procedure. Swipe works as a renowned crypto Visa card providing firm that sold a majority of its shares on July 6, 2020 to Binance as part …

MicroStrategy buys 1,914 Bitcoins and now owns $6 billion in cryptocurrency

Hailing from the United States as a top-tier firm specializing in Business Intelligence services, MicroStrategy has purchased 1,914 BTC worth $94.2M to expand its crypto holdings. The purchases were made by the team between December 9 through December 29 for an average price of $49,229 per Bitcoin token from the market space. With this latest …

OpenSea has frozen $2.2M worth robbed Bored Apes

Leading marketplace for Non-Fungible Token fans, OpenSea has frozen 16 Bored Ape and Mutant Ape NFTs right after they were stolen from the hot wallet of a New York art gallery operator, Todd Kramer. The digital collectibles were stolen from the account named ‘toddkramer.eth’ that is linked to the Ross+Kramer Art Gallery in New York. …

Staking vs Yield Farming vs Liquidity Mining- What’s The Difference?

On your journey through the DeFi metaverse, you are likely to come across terms like staking, yield farming, and liquidity mining. They all refer to a client putting their resources on the side of a blockchain, DEX (decentralized exchange), shared security options, or some other potential applications that demand capital.  Despite sharing a lot of …

Polygon Resolves Bug That Risked $24B of MATIC Tokens

Working as a powerful decentralized layer two scaling channel running on Ethereum, Polygon recently saved a whopping $24B worth of MATIC tokens from a malicious bug hack. The glitch occurred at the time of the upgrade posing a serious risk for the network as well as the network users. Interestingly, the Polygon team was successful …

Coinone will cease withdrawals to unverified external wallets

Leading cryptocurrency exchange hailing from South Korea Coinone has announced that the platform will not support withdrawals of crypto tokens to unverified external wallets from January 2022. In this regard, the Coinone team has opened a window starting from December 30 and stretching through January 23 to facilitate the registration of external wallets by users. …

Thailand’s cryptocurrency mining is reportedly on the rise

When it comes to crypto, a lost opportunity for one can turn out to be a golden opportunity for another all of a sudden.  A similar thing has happened in Thailand where retail crypto mining has surged exponentially post the unforeseen crypto crackdown in China. The regulatory authorities in China imposed a mega ban on …

What Is Aave? How To Buy Aave (AAVE)?

Want to know how to buy Aave? Don’t worry; we’ve got you. In this article, we will explore everything. Keep reading.  Aave is now considered one of the most popular Defi cryptocurrencies. The main reason behind its popularity is — the exceptional technology that comes along with it.  Basically, Aave is a cryptocurrency based on …

The ASIC Reveals Data about Crypto ‘pump and dump’ Schemes on Telegram

The chief corporate and financial operator, the Australian Securities and Investments Commission (ASIC) has revealed that it successfully traced various crypto ‘pump and dump’ Telegram groups in October. Talking about this, ASIC shared the details of the procedures adopted by the team to infiltrate the malicious crypto groups on Telegram. The new documents affirmed that …

Ferrari partners Velas hinting at an upcoming NFT

Ferrari, the globally-acclaimed luxury sports car manufacturing firm from Italy is gearing up to take the crypto industry on a sweep with its latest collaboration with Velas Network, a Swiss blockchain company. In an official announcement, Ferrari revealed news about its multi-year partnership arrangement with Velas focused primarily on the creation of ‘digital content’ for …

MMA fighter Kevin Lee on signing Eagle FC & receiving salary in BTC

The striking growth in the market value of cryptocurrencies has pushed its popularity exponentially amongst investors. Firms and retail traders are running towards crypto leaving the traditional financial tools behind to fetch juicy returns on their funds. Recently, professional mixed martial arts fighter, Kevin Lee stated that he collaborated with the Russian firm ‘Eagle Fighting …

Difference Disclosed: ERC20 Vs. ERC721

Ethereum tokens gained popularity in 2016 and 2017 as Initial Coin Offerings or ICOs began to use them to represent ownership or value. Ethereum tokens were later utilized to represent in-game assets in 2017, such as in the popular game CryptoKitties.  One of the most prominent aspects of tokens is their trading potentiality. For example, …

Kraken’s NFT marketplace will soon issue loans

Hailing from the United States as a top-tier cryptocurrency exchange portal, Kraken is all set to sail on the NFT cruise by launching a fully-dedicated NFT marketplace that will issue loans to investors. The announcement was made by Kraken founder and CEO Jesse Powell during an interview session with Bloomberg News. With Non-Fungible Tokens emerging …

Terra’s UST Stablecoin surpasses $10B Market Cap

Working as a powerful decentralized platform offering high-class trading services to users, Terra has announced that its UST stablecoin has reached $10B worth in market capitalization. This celebratory news can be seen as the second phase of the success streak maintained by the UST stablecoin ecosystem. The first striking achievement was recorded when UST surpassed …

Binance gets approval from Bahrain and Canada

Leading cryptocurrency exchange Binance has successfully added yet another striking glory to its star-studded 2021 achievement list. The globally-acclaimed trading platform has earned an in-principle license approval from the Central Bank of Bahrain and Canadian regulators for offering crypto trading services to investors. With this, Binance will be offering access to its world-class trading experience …

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