Terra Investors in India Unlucky With New LUNA
New LUNA is trading at $5.31 and lost 73% from its all-time high of 19.54. India is the largest crypto investor country. When the algorithmic-stablecoin Terra collapsed, investors around the…
Crypto Exchanges and Brokerages Are moving to Web 3.0 Wallets
The Web 3.0 wave is fast catching up with centralized crypto exchanges and brokerages. In the past two years, there has been a gradual shift to the Decentralized Finance (DeFi)…
Binance CEO Cz Said The Metaverse Will be Mainstream
The metaverse is spin for technology such as 3D, VR, and AR. Binance raised $500M for blockchain and web3 technology. On Sunday the Binance CEO Changpeng Zhao, stated at the…
Central Bank of Uganda Allows Crypto Firms to Participate in Its Regulatory Sandbox
Andrew Kawere applauded the idea of sharing knowledge. The central bank has urged the BAU to educate themselves with Sandbox Regulations. Following discussions with the BAU team, Uganda’s central bank…
Goldman Sachs Survey shows Insurers Slowly Warming to Crypto
The latest insurance survey report by a banking giant says 11% of US insurers are either already invested in crypto or planning to do so.In its latest survey of the…
New BTC ATM Installation Across the Globe Dips Amid Global Tensions
817 Bitcoin ATMs were erected throughout the globe in the first five days of June.1,419 ATMs make up 3.8 percent of the ATMs in Europe. Throughout the year 2022 so…
Cardano (ADA) Price Enters Consolidation Phase After Brief Fall
ADA only gained 2% in the previous 24 hours since it largely consolidated. ADA may test the $0.60 level of immediate resistance if buyers stay in the market. Cardano’s price…
Over $256000 Worth NFTs Stolen After Bored Ape Discord Hacked
On-chain analyst OkHotShot was the first to identify the intrusion. Discord users were enticed by the promise of an exclusive prize by fraudsters.Discord servers belonging to two Yuga Lab projects,…
Over $1 Billion Lost Since Start of 2021 as Crypto Scammers Find New Ways
Fraudsters also target customers by pretending to be a company or government. According to FTC data, many criminal organizations prefer to pay using cryptocurrencies. Federal Trade Commission data shows that…
Russian Firm ‘Rostec’ Creates Blockchain based SWIFT Alternative
The Novosibirsk Institute of Program Systems created CELLS. As a starting point, the system will be able to handle up to 100,000 transactions per second. Rostec, a Russian state-owned company,…