INTERNET CITY, DUBAI, Sept. 17, 2021 – LBank Exchange, a global digital asset trading platform, is proud to list THN on September 22, 2021. For all users of LBank Exchange, the THN/USDT and THN/ETH trading pairs will be officially available for trading at 21:00 (UTC+8) on September 22, 2021. In recent months, NFTs have risen in popularity with artists and creators for their transformative role in ownership, commerce, and how creators connect directly with buyers, fans,...
Read More »U.S. Treasury Targets Stablecoins in Latest Regulatory Risk Assessment
As regulatory pressure mounts in the U.S., policymakers are putting stablecoins at the top of their agendas. Citing “people familiar with the matter,” Bloomberg has reported that officials are crafting a policy framework set to be released in the coming weeks. Their primary concern is ensuring that investors can reliably move money in and out of tokens, it added. The anonymous insiders are worried that a “fire-sale run on crypto assets could threaten financial stability and...
Read More »LBank Exchange Will List MBF (MoonBear.finance) on September 16, 2021
INTERNET CITY, DUBAI, Sept. 13, 2021 – LBank Exchange, a global digital asset trading platform, will list MBF on September 16, 2021. For all users of LBank Exchange, the MBF/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on September 16, 2021. Cryptocurrency has already become an important part of human life, and sometimes, it can even save lives of other species. As a community-driven, fair launched, decentralized finance (DeFi)...
Read More »LBank Exchange Will List SEED (SafeHamsters) on September 14, 2021
INTERNET CITY, DUBAI, Sept. 13, 2021. – LBank Exchange, a global digital asset trading platform, will list SEED on September 14, 2021. For all users of LBank Exchange, the SEED/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on September 14, 2021. The crypto market opens up new development paths and blockchain opportunities. In this market, SafeHamsters (SEED) project is trying to build a safe place for crypto investors. SafeHamsters’ SEED...
Read More »Taiwanese Investor Loses More Than $3 Million in Tether Units Following Account Hack
More than $3 million in Tether units have been stolen from a private antique dealer in the nation of Taiwan, suggesting that even decentralized finance is vulnerable to the illicit dealings of those who would steal and commit dirty deeds to get their hands on money. Investor Loses More Than $3 Million in Tether The victim in question is a man named Liu Kun-Hung. He holds plenty of crypto in assorted online wallets. Two contained more than $3 million in Tether, a popular...
Read More »Wault Finance Launches First Commerce-Backed Stablecoin WUSD
[PRESS RELEASE – Please Read Disclaimer] DeFi hub Wault Finance has successfully launched its native stablecoin WUSD. WUSD is pegged to the dollar and is the first commerce-backed stablecoin in the crypto industry. WUSD is designed based on the latest stablecoin models and backed by several crypto assets including USDT and WEX token at a 9:1 parity. This ratio means that 90% of the stablecoin is collateralized by USDT deposits and the remaining 10% by the utility token of...
Read More »El Salvador Largest Newspaper Adds Bitcoin Price to Homepage
As of today, Bitcoin acceptance becomes a legal business requirement in El Salvador. In response, the country’s largest newspaper has included a Bitcoin price tracker on its homepage. The Price Tracker In full display on the newspaper’s homepage, a live Bitcoin price tracker is visible on the upper right-hand side of the screen. It measures Bitcoin’s worth in USDT (Tether), a stable coin pegged to the US dollar. This price tracker will be a convenient tool for citizens now...
Read More »Cream Finance Hacked; Loses $34 Million in Digital Assets
It’s happened again, folks. Another crypto hack is in the books. This time, the victim is a platform known as Cream Finance, which at the time of writing, is reporting losses of approximately $34 million. Cream Finance Loses a Lot of Dough The money was taken after a hacker exploited an opening in the firm’s system. Cream Finance is a decentralized organization that offers lending programs to crypto traders. Individuals can earn interest yields on many different...
Read More »Crypto Price Analysis & Overview September 3rd: Ethereum, Ripple, Cardano, Solana, & Polkadot
Ethereum Ethereum is up by a very solid 27% over the past week of trading as the cryptocurrency makes its way back to the $4000 level. The cryptocurrency was trading inside an ascending triangle pattern since hitting resistance at $3350 (bearish .618 Fib) earlier in August. On Tuesday, ETH finally surged beyond $3350 to reach $3400. It continued higher throughout the week and continued to surge today to reach the current $3975 resistance (1.272 Fib Extension). Looking ahead,...
Read More »Ethereum Price Analysis: ETH Holds Key Uptrend Support
Ethereum price is holding gains above the $3,150 support against the US Dollar. ETH price is now trading near $3,200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,150 and $3,140. Ethereum price is showing bearish signs below $3,250 against the US Dollar. ETH/USD must stay above the $3,150 support to...
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