Crypto news

A new survey conducted by Wirex – a crypto payments platform in the United Kingdom – and the Stellar Development Foundation (SDF) shows that more and more people are becoming aware of digital currencies, and usage is at an all-time high. Wirex and SDF Join Hands for Crypto Survey The survey also shows that cross-border payments involving crypto are occurring heavily in four distinct markets: the United States, Mexico, the United Kingdom, and Singapore. It appears many...

The announcement came on April 1, but it was no joke. Neither was the amount raised, $35 million USD, a tidy sum. Justin Kan dropped a hint of what was ahead for Fractal last month, tweeting, “Yeah, I built Twitch, it has millions of users & gaming NFTs are way bigger.” Ten days before launching the NFT marketplace on Dec 30 last year, Fractal announced the launch, and by the time it went live, the Fractal Discord had accumulated some 107,000 followers, according to Kan...

Stablecoins are cryptocurrencies that usually peg 1:1 to fiat currencies like the US dollar. For every stablecoin in circulation, supposedly, there should be a $1 bill or its equivalents as redeemable in the reserves. The rising concern regarding the security of stablecoins has caught lawmakers’ attention. The US Lawmakers Ask for Transparency According to the release by Senator Hagerty’s office, the newly introduced bill would require stablecoins to be “backed by government...

INTERNET CITY, DUBAI, Apr. 2, 2022 – LBank Exchange, a global digital asset trading platform, will list Qfora (QUROZ) on April 6, 2022. For all users of LBank Exchange, the QUROZ/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on April 6, 2022. Blockchain technology and NFTs have changed the way people creating digital content since their emergence. Qfora network has built a platform called Conbox utilizing the power of blockchain technology...

The former BitMEX CEO explained to his readers why 2022 will be a big year for Ethereum. He considers that the network – after the transition to proof-of-stake consensus – will function as a commodity-linked bond. In contrast, the former CEO called BTC “pure money” that intrinsically “yields nothing.” Hayes sees Ethereum as an investment better than not only bitcoin but other L1 protocols, which are mostly overvalued. Plus, the transition scheduled to occur in the summer of...

INTERNET CITY, DUBAI, Apr. 2, 2022 – LBank Exchange, a global digital asset trading platform, will list UncleMine (UM) on April 5, 2022. For all users of LBank Exchange, the UM/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on April 5, 2022. In a typical cryptocurrency ecosystem, many mining assets (hereinafter MA), cannot be decentrally verified and are difficult to integrate into the mainstream DeFi ecosystem. Ordinary investors cannot...

The crypto market has proven time and again that anyone who invests at the right time could become a millionaire with relatively small capital. Aside from Bitcoin, which has gained over 5 billion percent in value since it started trading in July 2010, many other cryptocurrencies have turned average traders into millionaires within a few months. One factor that reflects the upward momentum of digital assets is increased “hype” around a trend, and there are a lot of them in the...

INTERNET CITY, DUBAI, Apr. 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Hunter Crypto Coin (HCC) on April 3, 2022. For all users of LBank Exchange, the HCC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on April 3, 2022. The emergence of cryptocurrency has been bringing many new investment opportunities to the world. As one of the new promising cryptocurrencies in the market, Hunter Crypto Coin (HCC) provides...

Bitcoin has calmed once again over the $46,000 mark, while some altcoins have reduced its dominance over the market with impressive gains. Terra is among those as LUNA soared by almost 10% in a day and charted a new all-time high at close to $120. Terra’s Latest ATH Most altcoins experienced enhanced volatility a couple of days ago, went back on the offensive yesterday, and have stalled today. Ethereum, for example, dipped to $3,300 before it shot up to just over $3,500...

On March 28, the Enforcement Directorate (ED) arrested a person, Abdul Gafoor, one of the accused in the Morris Coin fraud case that erupted on the India crypto scene in January 2022 and still remains one of the largest such frauds in the country. ED is the economic intelligence wing of the Ministry of Finance, and it tracks high-value economic crimes. It took over the case in 2021 after several previous ones were registered against Morris Coin and its kingpin Nishad K.  ...