US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has…
Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other…
Happy Hippos NFTs: A Pioneer Collection Drop
Non-fungible tokens (NFTs) are a unique data unit contained within a digital ledger and cannot be interchanged. They are used as a representation of items that can be reproduced easily…
While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of…
Polygon Reveals Details About Its Future Collaboration With LBank During AMA
PRESS RELEASE. Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the…
Sky Mavis Launches Katana, a Native Dex for Its Ronin Sidechain
Sky Mavis, the company behind the development of Axie Infinity, has launched Katana, the first decentralized exchange for Ronin, its custom-made Ethereum sidechain. Katana will feature all of the tokens…
Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to…
FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware
FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued…
For the 1st Time, All ERC20 Tokens Can Be Lent and Borrowed With UniLend’s Upcoming Version 2
PRESS RELEASE. UniLend Finance published their protocol update blog introducing UniLend v2. The Binance Innovation Zone project has earlier this year enabled Lending for every token along with Flash Loans.…
Cash2Bitcoin: As Bitcoin Greatly Outperforms S&P 500, Bitcoin ATMs Gain in Popularity
Since the beginning of the COVID-19 pandemic and after an initial dip, the stock market has performed exceptionally well for such an economically uncertain time. The SPDR S&P 500 electronically…
DeFi Yield Protocol Partners With KyberDMM to Boost DYP Token Liquidity on Avalanche
Leading yield farming platform DeFi Yield Protocol (DYP) has collaborated with KyberDMM to boost DYP token liquidity on Avalanche blockchain. As part of the partnership, $300,000 worth of DYP and…
Vulcan Forged Lists on AscendEX
PRESS RELEASE. Global cryptocurrency financial platform, AscendEX is proud to announce the listing of the Vulcan Forged token (PYR) under the trading pair USDT/PYR on Oct. 5 at 1 p.m.…
Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company…
Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country.…
