Vaibhavv Ali
According to data provider CryptoQuant, investors of USDe should keep an eye on the project’s reserve fund to minimize risks associated with the possibility of a negative funding rate. Investors that stake USDe or other stablecoins on the platform can now get an annual yield of 17.2%, which is a rolling average over the last … Read more
With a goal of rolling it out by 2030, the Reserve Bank of New Zealand began a new phase of its investigation into a central bank digital currency (CBDC) on April 17. In this stage, the design of the CBDC, which emulates the value of the real New Zealand dollar (NZD), is refined based on … Read more
After being airdropped to test net users and certain NFT holders, the price of Omni Network’s token has already dropped by half in just eighteen hours. Almost eighteen hours after its airdrop, the Omni Network’s ERC-20 token, OMNI, had a 55% decline that removed more than half of its market valuation. In the meantime, the … Read more
SunContract is an international energy marketplace that links producers of renewable energy and consumers of power. SunContract is leading the way in introducing this novel idea with its NFT marketplace, which is connected to actual solar panels. It facilitates easy access to solar panels by utilizing blockchain technology and smart contracts, which helps to move … Read more
The Citadel Securities-backed prime brokerage Hidden Road Partners intends to seek $120 million in its Series B investment round with the goal of reaching a $1 billion market valuation. As per a Bloomberg story, the premier brokerage firm funded by Citadel Securities is aiming to broaden its range of services in the cryptocurrency and foreign … Read more
Bitcoin exchange Binance is thinking about coming back into the Indian market after being prohibited there in late 2023. The possible re-entry would come with a $2 million fine. Reopening of the platform would require registration with the Financial Intelligence Unit (FIU) of the finance ministry. The FIU is in charge of overseeing the trading … Read more
Virgil Griffith, a former Ethereum developer, has asked for a sentence reduction. Griffith was given a 63-month prison sentence in 2022 for helping North Korea use blockchain technology. Glen Garrett McGorty, Virgil Griffith’s attorney, made the plea in a letter dated April 17 to Judge Kevin Castel of the United States District Court for the … Read more
An OTC cryptocurrency buyer was the victim of an armed robbery by a criminal suspect who fled from South Korea, allegedly taking over $362,000 in cash. According to Law TV News, the suspect, who is believed to be in his 40s, “lured” the victim to the posh Gangnam District of Seoul before robbing them of … Read more
Popular social media user Topdoge recently made predictions about Dogecoin’s prospects. DOGE/USD will hit $500 billion in market capitalization, similar to ETH/USD for Ethereum prior boom. On X, formerly Twitter, Topdoge published an article on Wednesday that likened Dogecoin’s prospective rise to Ethereum’s 2020 bull run. Topdoge’s estimations indicate that Dogecoin’s worth would be approximately … Read more
Over 10 million users of Pi Network’s platform have finished the required Know Your Customer (KYC) procedure. With the recent major milestone, the project is drawing closer to its mainnet launch, according to its official statement. The platform still needs to accomplish a few goals, though, one of which is to reach 15 million KYC … Read more