MakerDAO Founder Proposes USDC Fund Transfer to ETH
Circle’s USDC stablecoin is used to collateralize the vast majority of MakerDAO’s DAI.The DeFi protocol has a total locked value of approximately $11 billion.Many prominent leaders in the cryptocurrency sector…
Uzbekistan Cracks Down on Unlicensed Crypto Exchanges
Just one cryptocurrency exchange in Uzbekistan has been granted a license so far.Uzbek residents are urged by the NAPP not to utilize illegal exchanges. According to data collected by the…
Crypto Exchange Zipmex restore partial Withdrawal from users wallet
Zipmex restored users’ access to their balances, allowing them to withdraw 0.08 ETH. On August 16, users will also be able to withdraw 0.0045 BTC. Zipmex, a recently defunct cryptocurrency…
Indian government passed a Frozen Order on Vauld Exchange Assets
The ED is investigating more than ten crypto exchanges in India. The move on Vauld comes after a Singapore court granted a three-month moratorium. On Thursday, India’s Enforcement Directorate (ED),…
Voyager Digital Sued Billionaire Mark Cuban.
The duo has been accused of continuously exaggerating the capabilities of their service. Voyager Digital filed for chapter 11 bankruptcy in early July. Mark Cuban, the owner of the NBA’s…
Crypto Exchange Hotbit stopped Trading as Authorities Suspended Funds
Hotbit halted a withdrawals, following the asset freeze by legal authorities. Authorities have charged a former employee for criminal activity. The cryptocurrency exchange Hotbit has stated that the exchange suspended…
Upbit set up Committee Setup to get Refund for Terra Investors
Korbit made an estimated 27 million won in commissions at the end of the term.As of May 30th, the refund fee amounted to almost $9.5 billion won by Upbit.The whole…
Meme Coin Shiba Inu’s (SHIB) Trading Volume pumps Over 500%
SHIB’s average holding duration increased to 172 days on Wednesday alone.The pace of Shiba Inu’s ‘burn’ has climbed by a whopping 260%.The Shiba Inu token had a trading volume increase…
BlackRock Offers Spot Bitcoin Exposure
Clients will be able to control their Bitcoin exposures. After a purchase or sell order is placed, the transaction is finalized instantly. Financial institutions now have access to spot Bitcoin…
Supreme Court in U.S deny Coinbase’s Appeal Over Arbitration
The cryptocurrency exchange requested a stay of proceedings until dispute is resolved. The defendant has requested the court to not reject the intervention plea. Coinbase, the biggest cryptocurrency exchange in…