Bitcoin has calmed after the Friday rollercoaster that drove it up and down by over a grand and remains relatively still at $30,500. The altcoins are also less volatile today, as it typically happens during the weekends, with SOL emerging as the most substantial gainer from the larger caps. BTC Above $30K Bitcoin went on […]
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed
The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network.
Canadian Government Removes Cap Limit on Litecoin (LTC) Trading
Litecoin’s price has surged recently, hitting a 14-month high and breaking the $100 mark. The halving event is expected to take place around August 2, 2023. The Canadian government has approved the unrestricted trading of Litecoin (LTC) and three other cryptocurrencies on exchanges, marking a major breakthrough for the Canadian crypto sector. Litecoin’s price has […]
Crypto Exchange Bittrex Files Motion To Dismiss Lawsuit by U.S SEC
Bittrex argues that the SEC doesn’t have the jurisdiction to regulate cryptocurrencies. The SEC additionally penalized Bittrex Global GmbH, a foreign subsidiary of Bittrex. By submitting a motion to dismiss the complaint against it, Bittrex has advanced significantly in its legal struggle with the U.S. SEC. Bittrex argues in its new court filing that the […]
SEC is reportedly trying to reevaluate applications for Bitcoin ETFs
In recent development, the United State Securities and Exchange Commission (SEC) has rated recent Bitcoin ETF spot filings by various asset managers as “inadequate.” According to a report in the Wall Street Journal, the US Financial Services Authority has notified the Nasdaq and Chicago Board Options (Cboe) exchanges of this decision, saying the disclosures are… […]
Lacoste Announces Extra Perks for UNDW3 NFT Holders
Reading Time: 2 minutesFashion brand Lacoste has announced extra benefits for holders of its UNDW3 NFT collection Some of the perks include the ability to convert their artworks into an UNDW3 card to access video games The move is part of the brand’s vision to pioneer a dynamic web3 industry and drive the adoption of […]
Web3 Woundup – 02/07/23
Reading Time: 2 minutes This week’s Web3 Woundup sees Azuki screwing up their latest launch, Melania Trump helping her husband continue the grift and Metabirkins holders getting an unpleasant airdrop. Just don’t buy them, folks, seriously. Azuki “Missed the Mark” with Elementals Collection NFT giant Azuki this week managed to piss off its entire fan […]
Cardano’s latest weekly development report reveals this about the network
Cardano has so far launched 131 projects and 1,261 projects are currently being built on its network. In addition, it recently marked a 70 million transaction milestone.
ENS Rises 10% As Ethereum Name Service Considers Expanding To Layer-2
In a recent community call, the team behind the Ethereum Name Service (ENS) revealed plans to adopt a Layer-2 platform in light of increasing gas fees on the mainnet. In response to this planned move, ENS prices climbed roughly 10%, floating higher with increasing trading volumes, evident in the daily chart. The Ethereum Name Service ENS […]
Metaverse projects dominate Web3 investment amid drastic dip in funding
Metaverse projects have attracted $707 million in the first half of the year as investment dips, but its share of Web3 funding has shot up from 27% to 44%. […] Read More… The post Metaverse projects dominate Web3 investment amid drastic dip in funding appeared first on CoinGeek.