Category Archive: Cryptocurrency, No picture
Binance Introduces Zero-Fee Trading for BTC/FDUSD and ETH/FDUSD Pairs
Binance, the global cryptocurrency exchange, announced a major shift in its fee structure on August 3, introducing zero-fee trading for the BTC/First Digital USD (FDUSD) and ETH/FDUSD pairs. #Binance adds #BTC / $FDUSD and $ETH / $FDUSD trading pairs and updates the zero-fee Bitcoin Trading Program. Find out more ⤵️https://t.co/g6Elnd77d9 — Binance (@binance) August 3, […]
Litecoin Successfully Halves: New Reward Set at 6.25 LTC
Litecoin, a popular cryptocurrency, has executed its block reward halving, a scheduled event that occurs roughly every four years, reducing the reward for miners from 12.5 LTC to 6.25 LTC. The last halving event was in August 2019. Every four years, or after every 840,000 blocks mined, Litecoin’s code calls for the miner’s reward to be […]
Worldcoin’s Iris-Scanning ID System Opens Doors for Government and Corporate Use
Worldcoin, known for its controversial blockchain-based iris-scanning identity technology, has revealed plans to allow governments and companies to utilize its system for identity verification and other applications, according to a Reuters report. “Worldcoin will expand its operations to sign up more users globally and aims to allow other organisations to use its iris-scanning and identity-verifying […]
How to Mitigate CRV Risk? Abracadabra Proposes 200% Interest Rate Hike
In a move to manage its exposure to risks associated with Curve DAO (CRV), Abracadabra Money, a cross-chain lending platform, has proposed hiking the interest rate on its outstanding loans by 200%. “We have seen CRV collateral outflowing from our markets into markets with lower LTVs and higher interest [..] As such, we are suggesting […]
Kenya Halts Worldcoin Cryptocurrency Project Amid Security Concerns
The Kenyan government has announced the suspension of all activities related to Worldcoin, the recently launched cryptocurrency project. Minister of Internal Security Kithure Kindiki made the announcement on August 2, citing inquiries into potential risks associated with the project. Government suspends registration of Worldcoin that involves scanning of eyeballs, CS Kindiki says investigations on to […]
Binance Japan Launches, Offering 34 Tokens for Spot Trading
Binance, the largest cryptocurrency exchange, has announced the launch of Binance Japan, a dedicated platform for Japanese residents. The new offering focuses on providing local customers with an array of services, including a record number of 34 tokens for spot trading. We’re proud to announce that #Binance has officially launched in Japan as Binance Japan […]
Risk of Black Swan Event Could End DeFi? A Look into CRV Liquidity Crisis
Concerns are being raised over the lack of liquidity to sell a substantial amount of Curve DAO Token (CRV), creating the risk of what some experts are referring to as a potential black swan event, outlined in a thread by OlimpioCrypto on Twitter. There’s a risk of a black swan event in DeFi. As per […]
PancakeSwap Launches on Polygon zkEVM for DEX Functionality
Decentralized exchange PancakeSwap has officially launched its v3 on the Polygon zkEVM Mainnet Beta, introducing new functionalities for trading and liquidity provision. 🔍 Discover our products on zkSync Era:https://t.co/QgwmbLpEwx 💡 Learn about our Farm development on Polygon’s zkEVM:https://t.co/MIEQ0aqZpb 🌟 Read about our SWAP & LP deployment on Polygon’s zkEVM:https://t.co/Q82SWiPaEy — PancakeSwap🥞Ev3ryone’s Favourite D3X (@PancakeSwap) July 31, […]
Curve Finance and Owner’s $100M Debt: Catastrophe or Slight Inconvenience?
Curve Finance founder Michael Egorov is facing a complex financial situation as he grapples with roughly $100 million in debt backed by 47% of the circulating supply of Curve DAO (CRV). This revelation comes just as the DeFi protocol is recovering from a $47 million hack. According to crypto research firm Delphi Digital, Egorov has […]
Wombat Exchange’s Ethereum Expansion: A New Burrow Begins August 4
Wombat Exchange, known for its multichain stableswap on BNB Chain, will officially expand to the Ethereum network on August 4, 2023. The expansion aims to leverage Ethereum’s extensive liquidity and capitalize on Wombat’s success on BNB Chain and Arbitrum. 🔥 Breaking News: The long-awaited @ethereum launch is set for August 4, 2023! We’re excited to […]
