Token burn refers to the process of permanent deletion of coins from their circulating supply. Over 100 million BNB, or half of its total supply, are intended to be removed from circulation through a burning […]
Decentralized finance (DeFi) collateral has been increasing since the beginning of the year. The move has mirrored the crypto market rally as confidence slowly returns. The dollar amount of collateral locked in DeFi protocols has […]
In its discussions, the Eurogroup observed that the digital euro should complement and not replace cash, be assigned a legal tender status, and ensure a high level of privacy. The group also added that the […]
Frax Finance has been one of 2023’s hottest decentralized finance protocols. As stablecoin and liquid staking narratives gain traction, its native token has been on a wild ride up. Frax has been using the bear […]
The much-hyped Flare airdrop has come and gone. Similar to most airdrops, the token price has been pumped and dumped. On Jan. 10, Flare Networks began airdropping FLR tokens to XRP holders. Those eligible needed […]
The Seoul government has kickstarted its metaverse expansion in 2023 by launching ‘Metaverse Seoul.’ How are other countries driving adoption? Various studies have projected the size of the metaverse market to reach $1 trillion by […]
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot […]
The creators of the Shiba Inu (SHIB) token have announced the imminent launch of their Shibarium Layer-2 solution. Shibarium will run on top of the Ethereum blockchain, which is the basis for the Shiba Inu […]
Iran and Russia are exploring the possibilities for a gold-backed stablecoin. Will it establish a new economic order? Governments worldwide replaced the gold standard with fiat money in the 20th century to provide economic flexibility. […]
Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, […]
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