Terra Classic Project DFLUNC Burns Over 1.6 Billion LUNC.
The huge LUNC burn by the protocol brought the overall LUNC burn to more than 57.8B.On May 1st, as part of its monthly LUNC burn mechanism, Binance burned 1.27B LUNC.DFLunc,…
Polygon Ranks the First in Monthly Active Wallets of ERC-4337
Polygon’s co-founder spotlights the highest active ERC-4337 wallets. The chart shows 4K active wallets over Polygon in April.The co-founder of Polygon, Sandeep Nailwal has shared a Nifty table chart for…
Shiba Inu (SHIB) Cracks a Massive Burn of $3Billion worth Tokens.
$3 billion worth of SHIB tokens transferred to a dead wallet, skyrocketing burn rate. SHIB gains 1%, with a rising market cap and increased trading volume.Blaze token burns 6.7 billion…
US Secret Service Holds Ask Me Anything on Cryptocurrency Safety.
The USSS says it will investigate only crypto scams that share a link to the US.The enforcement agency plans to hire 455 special agents this year.In a May 15 Reddit…
U.S SEC Urges Court To Reduce LBRY’s Penalty from $22M to $111k.
The Court ruled in November 2022 that LBRY owed the SEC $22 million. It’s token LBC met the Howey test and hence qualified as unregistered securities.The Securities and Exchange Commission…
Korean Politician Agrees to Sell his Crypto Assets Following Public Scrutiny
“I will faithfully implement the recommendation,” Nam-kuk affirmed. Kim Nam-kuk – a South Korean lawyer and politician – will reportedly sell his cryptocurrency holdings amid a conflict of interest that…
Will CateCoin Grab Investors’ Attention by Overtaking Top Memecoins?
Today, CateCoin price soared over 40%. CateCoin trending on Twitter with more than 1.4m tweets.After a quiet 2022, memecoins gained immense popularity due to the launch of the frog-themed meme…
PEPE Price Surges as Elon Musk Indirectly Mentions it in Tweet.
This happened only a few hours after Musk announced Linda Yaccarino as the new CEO. Tesla’s CEO posted a meme that clearly focuses on the US Constitution’s amendments.Elon Musk, indirectly…
Binance Departs From Canada Following New Crypto Regulations.
New rules by the CSA prohibits firms from enabling Canadian clients to enter into crypto contracts.North American regulators have heightened their scrutiny of Binance over the past year.Binance has opted…
Bitcoin Stumbles at $26K, While Memecoin Mania Takes Over the Crypto Market.
BTC price breaks below the 55-day support at $27,000, causing a 7% correction and liquidation of $100 million worth of long BTC futures contracts.Despite the price drop, Bitcoin’s margin and…