Shiba Inu Burn Rate Turns Negative Despite Promising Developments.
There has been just one transaction of one million SHIB to a dead wallet.On April 27, 2023, it was announced that no Shiba Inu coins had been burned.The rising uncertainty…
Binance CEO CZ Warns Justin Sun of Potential Consequences.
Tron CEO Justin Sun made a deposit of 56.1 million TUSD to Binance.Binance CEO, CZ issued a Twitter warning to Justin Sun.On Monday, Changpeng “CZ” Zhao, the CEO of Binance,…
UK Treasury Will Consult on DeFi Taxation: Report.
The proposed regulatory changes aim to reduce the “administrative burden” for taxpayers.The United Kingdom is gearing up for tax treatment of lending and borrowing on decentralized finance (DeFi) protocols. The…
Terra Classic Team Reveals Revised Q2 Strategy and Goals.
The development team is aiming to implement the Cosmwasm v1.1.0 update (parity) in May.The v2.0.0 update to the mainnet network is scheduled for May 17.On Saturday, the Joint L1 Task…
Elon Musk Introduced New Twitter Initiative Compensating Creators
Content providers on Twitter can now get compensation for their posts.Users will have access to the creator’s private material that is otherwise unavailable.Elon Musk, CEO of Twitter, has announced yet…
Chainlink Releases New Node Software V2 Boosting Working Efficiency.
The latest update will help configure and maintain nodes in a simpler manner.V2 aims at improving node operators’ ability to run their operations efficiently.Decentralized oracle service provider Chainlink (LINK) has…
PayPal’s Venmo To Introduce Crypto Transfers In May.
Venmo is yet to introduce crypto payment in early May 2023.Recently, MetaMask users are allowed in PayPal for crypto purchasesVenmo, a digital payment service in the U.S. has come up…
Revolut Partners With Koinly to Integrate Automated Tax Reporting Services.
Tax filings for crypto transactions will be automatically synced with Koinly. The agreement has been in the works since the beginning of 2023.With the cryptocurrency sector coming under the scrutiny…
First Republic Bank is Set to Be Taken Over by the US Government.
First Republic Bank shares lost around 96% in 2023.The US government is in urgent talks about the rescue deal.Before the US market could recover completely from the bank collapse, another…
Largest SHIB Whale Spotted, $1.55M Worth Tokens Purchased.
Largest SHIB whale purchase reports worth $1.55M in the last 24H. Notably, a total of 5,283,884 Shiba Inu tokens are burnt.As per the data of Etherscan, the largest whale of…