Nubank, the Brazilian neobank backed by Warren Buffett, has launched its own cryptocurrency, nucoin. Digital tokens issued on the Polygon network will be airdropped to institutional end users, with 80% of the total issuance going directly to customers. The remaining 20% will be held by Nubank. Nucoin will be used for several activities in the […]
Bitcoin’s Drop Below $23K Mark Results in Over $200 Million in Long Liquidations
Bitcoin, the world’s most popular cryptocurrency, has experienced a significant drop in price on March 2, leading to over $200 million in long liquidations across various crypto derivative exchanges. The sudden decline occurred after bitcoin’s price had stayed above the $23,000 threshold for almost a week. According to statistics from Coinglass, 78,116 traders were liquidated […]
Solana’s [SOL] recovery thwarted – Will bears enjoy more benefits?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. SOL’s market continued to weaken. The Funding Rate fluctuated as development activity declined. Solana’s [SOL] value has fallen significantly since 20 February, dropping from $27 to $20 before bulls attempted a recovery. However, the […]
Power of Women Joins Manchester City Football Club for Collaborative NFT Drop
Manchester City Football Club has announced its sixth collaborative NFT drop, created in partnership with Power of Women. The collection, titled “I am EMPOWERED,” celebrates International Women’s Day 2023 and consists of five digital art pieces that showcase the passion and diversity of women in football. The NFT drop is a significant step towards celebrating […]
Circle Releases Crucial Update on USDC/Silvergate Issues
Circle managed to move reserves of USD Coin (USDC) stablecoin out of collapsing banking heavyweight
Revolut Reports 33% Increase in Revenue in 2022 Reaching $1.03B
The company’s sales increased to $1.03 billion in 2022 as per Revolut’s CFO. It is anticipated that the fiscal year 2022 accounting results will be released in June. Revolut, a London-based fintech startup that facilitates cryptocurrency trading, witnessed a 33% increase in revenue in 2022, according to the company’s chief financial officer. In spite of […]
Just 16% of Ethereum Stakers Are in Profit Ahead of Shanghai Upgrade
With Ethereum’s Shanghai upgrade slated for April, ETH stakers will finally be able to withdraw their holdings. But will they sell?
Silvergate closes Exchange Network, releases $9.9M to BlockFi
The bank is discontinuing its crypto payment network, claiming the termination is a risk-based decision.
Is MicroStrategy undervalued?
The post Is MicroStrategy undervalued? appeared first on CryptoSlate.
SEC vs Ripple: Will One Lawsuit Decide the Fate of the Crypto Industry?
Why is the SEC’s lawsuit against Ripple so important for the cryptocurrency industry? Continue reading at DailyCoin.