Crypto news

As crypto markets reignite this week, the infamous memecoin Shiba Inu is also seeing some newfound price action. However, a look at the token’s holder count wouldn’t exactly suggest a revival of consumer interest. According to data from CoinMarketCap, the number of on-chain addresses holding SHIB has declined by over 60,000 within the last two weeks. Specifically, there were 1,199,453 token holders on March 16th, as opposed to 1,135,593 as of March 28th. This downward trend...

Ronin – an EVM blockchain for play-to-earn games – recently fell victim to one of the largest hacks in the history of crypto. A whopping 173,600 ETH was drained from Ronin bridge within the last week, alongside another 25.5M USDC. According to a community alert issued by Ronin, the hack occurred due to Ronin validator nodes and Axie DAO validator nodes being compromised. This led to hacked private keys being used to forge two fake network withdrawals (1 and 2) that absorbed...

It looks like Bitcoin City – a project set to come to fruition in El Salvador – is encountering a few problems. While it’s unclear if plans for the city are on hold, many officials believe that President Nayib Bukele will not be able to fulfill his promises. Bitcoin City Is Garnering Mixed Reactions Bitcoin City was announced some time ago as part of the country’s ongoing bitcoin initiative, which ultimately began in September of 2021. Thus, it can be said that bitcoin...

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 28th March. For a more complete list please follow our twitter...

INTERNET CITY, DUBAI, Mar. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Mapt. Coin (XMP) on March 31, 2022. For all users of LBank Exchange, the XMP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 31, 2022. Backed by physical assets, Mapt. ODL is a digital asset operator providing renewable energy. With its large property portfolio sitting as an income generating portfolio that stabilizes the company,...

UK’s progress in crypto innovation hangs in limbo due to a lack of clarity from the watchdogs. Many high-profile companies are now looking for crypto friendlier pastures elsewhere. If cryptocurrency-based firms wind down their operations, the UK might face a mass exodus as the FCA deadline for receiving approval nears. Regulatory Hurdles in the UK The cryptocurrency market is largely unregulated in the UK. However, companies associated with the industry are required to...

INTERNET CITY, DUBAI, Mar. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Thrupenny (TPY) on March 31, 2022. For all users of LBank Exchange, the TPY/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 31, 2022. Current DeFi lending space has many problems such as highly volatile interest rate and crypto prices, overcollateralization of staked assets, and no optimal approach to protect liquidity providers...

INTERNET CITY, DUBAI, Mar. 22, 2022 – LBank Exchange, a global digital asset trading platform, will list PLC Ultima (PLCU) on April 2, 2022. For all users of LBank Exchange, the PLCU/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on April 2, 2022. There are hundreds of millions of people currently deprived of traditional fintech services across the globe due to various reasons. To give them access to a global financial infrastructure and...

INTERNET CITY, DUBAI, Mar. 23, 2022 – LBank Exchange, a global digital asset trading platform, will list SpaceY (SPAY) on March 29, 2022. For all users of LBank Exchange, the SPAY/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 29, 2022. Believing that humanity must leave the cradle of Earth to evolve, SpaceY (SPAY) has developed the maze tower defense game SpaceY 2025. In it, players can use NFTs to develop and defend the human base...

Bitcoin briefly blew past the highest levels of 2022 overnight after reclaiming several key resistance points. Owing to the resurgence of the positive trend, crypto funds have seen fresh investment inflows. The latest data reveals that digital asset investment products saw inflows totaling $193 million last week. This marks the largest volume since mid-December 2021. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, European funds...