Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy. According to a Friday report from the Wall Street Journal . As the celsius platform is on the verge of bankruptcy, it has begun to hire restructuring experts. …
Read More »How Cardano Can Potentially Redefine DeFi
Cardano plans to solve its real-world problems using blockchain technology.It monitors the education processes of 5 million young people together with the Ethiopian Government.As a result of the initiative, plans will be created that can be useful if students are looking for a job or considering studying abroad. The team’s …
Read More »Uniswap Breaks $1T Volume
The volume of DEX has exceeded $1 trillion and has reached approximately 3.9 million cumulative users this month. Decentralized exchange Uniswap has surpassed $1 trillion in total trading volume. This is a sign of potential growth in the future. DEX’s cumulative address count reached nearly 3.9 million this month, a …
Read More »Terra’s Plan Will Reduce Allocation For Post-Attack UST Holders
Terra has released three new revisions. After a tough two weeks for the Terra community, Terra and TerraUSD have announced revisions to their proposed revival plans. Terra shared three major revisions to the revitalization and redistribution plan. These include: Increasing initial liquidity, introducing a new liquidity profile for pre-attack LUNA …
Read More »VeChain Treasury Holds $1.2 Billion in Crypto
The VeChain Foundation will recruit 1000 technical staff in Ireland. The aim is to expand the project in Europe. The VeChain Foundation has $1.2 billion in cryptocurrencies in its treasury. In 2021, this value was 1.38 billion dollars. Expenses Overshadowed by the Treasury Fund Compared to last year, this decrease …
Read More »Nearly 130 Million Polkadot (DOT) Locked in Parachains as of the first quarter of 2022
In the report, the latest XCM of the leading web3 protocol It was stated that the launch will optimize cross-chain communication. Crypto analytics resource Messari has released a report on Polkadot’s Q1 performance outlining the price action of the layer zero protocol, network usage, the latest developments in staking and …
Read More »Algorand Explodes 25% After Becoming the Official Blockchain Platform of FIFA
Algorand becomes the official blockchain sponsor of the FIFA World Cup Qatar 2022. One of the largest sports organizations has signed its second crypto-related partnership with Algorand. Algorand at FIFA World Cup Qatar 2022 According to the official announcement, Algorand will be “FIFA’s blockchain platform” and provide a “blockchain powered …
Read More »Dogecoin Is Significantly Better Than Bitcoin
Roger Ver believes Dogecoin is “cheaper and more reliable” than Bitcoin. Roger Ver, one of the first investors of Bitcoin, stated that Doge-Coin is more advantageous than Bitcoin. He also supports Elon Musk’s decision to buy Twitter and believes it will end censorship. Dogecoin Dogecoin Emerges as Bitcoin’s Contender He …
Read More »American Investors Led in Realized Crypto Gains in 2021
Emerging markets continued to hold their assets against inflation in 2021, according to Chainalysis’ latest report. In 2021, Ethereum and BTC hit their highest level in history and attracted incredible institutional investment. For the full year, investors worldwide made a total of $162.7 billion in profits in cryptocurrencies. This figure …
Read More »Shiba Inu Launches SHIB Burning Portal
Shiba Shiba Inu (SHIB) has introduced a burning portal. Holders can now permanently destroy their tokens,Reducing circulation supply while generating passive income at the same time. Developed a new mechanism for passive income and burning of Shiba Inu tokens inspired by Doge-Coin. The SHIB Burning Portal The Shiba Inu burning …
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