Crypto news

INTERNET CITY, DUBAI, Mar. 18, 2022 – LBank Exchange, a global digital asset trading platform, has listed HNB Protocol (HNB) on March 18, 2022. For all users of LBank Exchange, the HNB/USDT trading pair is now officially available for trading. Healthcare, stress relief and leisure industries have grown rapidly and shown great potential in recent years, HNB Protocol (HNB) is here to utilize the power of blockchain technology and cryptocurrency to innovate these industries...

Meme coins have been trending for a while now in the crypto space and most of them are animal related. Dogs, in particular, are the most popular meme element used in global meme coin community. From Dogecoin to Shiba Inu (SHIB), the success of numerous meme coins has been witnessed by the vast majority of crypto investors and enthusiasts. And now, this everlasting trend of using animal as the major meme coin element might just come to an end, with the inception of a new...

INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, will list Bobcoin (BOBC) on March 18, 2022. For all users of LBank Exchange, the BOBC/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 18, 2022. As the first for-profit social enterprise offering an asset-based utility token, Bob Eco declared war against pollution and is creating thousands of jobs with the help of the world of crypto and...

INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Chinu (CHINU) on March 16, 2022. For all users of LBank Exchange, the CHINU/USDT trading pair is now officially available for trading. Raised in a chilli farm, Chinu is a cute Chongqing dog who works in the fields and guards the farm alongside his best friend Shiba Inu. As a new breed of meme coin on a big mission, Chinu (CHINU) aims to bring crypto adoption to the...

The government of Kazakhstan identified 106 cryptocurrency mining farms that operate without the necessary licenses. The authorities halted 51 of them, while 55 ceased their operations voluntarily. The Latest Crackdown Earlier this year, Kazakhstan declared war on illegal digital asset mining farms. Minister Bagdat Musin claimed that they could negatively impact the nation’s energy network: “Gray miners are doing a lot of harm to our power grid. The energy costs of illegal...

The popular Ethereum wallet “MetaMask” is officially launching its own token, as confirmed by  Consensys CEO Joseph Lubin. The team will also reportedly launch a decentralized autonomous organization (DAO) for funding the wallet’s growth. MetaMask competes with other self-custodial wallets like MyEtherWallet and Coinbase Wallet for interacting with web 3. Individuals and institutions can use the wallet to use Ethereum and other smart contract chains for minting NFTs,...

Ukraine’s president has officially signed the virtual asset bill to legalize cryptocurrencies for income, exchange, and business, as approved by parliament last month. This comes after weeks of financial support from the crypto community for help in fending off Russia’s invasion. According to a statement from the Ministry of Digital Transformation of Ukraine, the new law creates conditions for a legal virtual asset market in the country. It will be regulated by the National...

Digital asset custodian Hex Trust has announced raising $88 million in a Series B funding round. As per the official blog post, the funding round was led by Animoca Brands and Liberty City Ventures. Hex will deploy the funds towards expanding its footprint and scaling its operations. Hex Trust’s Funding Round The funding round also saw participation from Ripple, Terra, Morgan Creek, Primavera Venture Partners, LeadBlock Partners, Eterna Capital, Sino Global Capital, Topaz, as...

Michael Saylor – the CEO of software giant MicroStrategy, arguably the biggest institutional bitcoin bull around – has stated that bitcoin’s scarcity is ultimately what makes the currency the strongest asset in the world, right now. He says nothing – not even gold – can compare to bitcoin because it is the only thing that cannot be created indefinitely. Michael Saylor On Bitcoin’s Scarcity In a recent interview, Saylor described bitcoin as a “magical” asset given that...

Aave – the popular web 3.0 lending protocol – has released its anticipated V3 update. The new version includes multiple new features that reportedly offer “increased capital efficiency” and “enhanced decentralization”. According to an announcement from the company,  one of the new features includes “Portals” allowing for transfers of Aave V3 assets across different chains by “permit listed” bridge protocols, approved by Aave governance. Many chains will be available given...