Cardano (ADA) continues to record notable network growth since its Alonzo upgrade in September 2021. Recent reports show that the network added over 2,000 new holders every day for the last 30 days. The notable network growth is measured by examining new features and updates, as well as buyer interest. Data from Cardano Blockchain Insights […]
President of Panama Laurentino Cortizo has asserted that the recently approved cryptocurrency bill might be ineffective in curbing illegal crypto activities like money laundering. The President of the Central American nation made the comments at the Bloomberg New Economy Gateway Latin America conference in Panama City, where he noted: “If I’m going to answer you […]
Everyone is talking about NFTs and has been for a while now. It seems like NFTs are taking hold in many places, so they might be here to stay. If you’re interested in buying NFTs and want to know more about them, you can get insights by reading this guide. Most people interested in crypto […]
Following the recent crash in TerraUSD (UST) and Terra (LUNA), another Terra-based token making headlines recently is the Wrapped Luna (WLUNA). Wrapped Luna suffered a similar fate with the other Terra cryptos as it now trades below the $0.01 level. Wrapped Luna is an ERC-20 token built to track the value of LUNA on the […]
As crypto adoption continues to grow globally, the Reserve Bank of India (RBI) has warned that cryptocurrencies have the potential to dollarize sections of the Indian economy, according to a report from PTI on Monday. The report detailed that top RBI officials, including Governor Shaktikanta Das, “clearly expressed their apprehensions about cryptocurrencies” at a briefing […]
Lucky Block (LBLOCK) is drawing closer to the launch date of its highly-anticipated jackpot draws in May. These draws will be much different from the other free-to-enter draws that take place regularly on the network. This would be Lucky Block’s first draw where rewards will go to charity and token holders. The jackpot also includes […]
Recent reports show that China accounts for 21% of the total global Bitcoin (BTC) hash power output despite an all-out ban on cryptocurrency operations in the country last year. The report from the Cambridge Bitcoin Electricity Consumption Index (CBECI) revealed that China was the second-largest Bitcoin hash power provider as of January this year after […]
After several accusations of not being transparent in its dealings, the Luna Foundation Guard (LFG) has provided a detailed explanation of the expenditure of assets under its custody. LFG is the organization responsible for securing the one dollar-peg of TerraUSD (UST), the algorithm-backed Stablecoin of the Terra ecosystem. The organization has acquired over 80,000 BTC, […]
After one of its worst weeks in history, the Cardano (ADA) community recorded some goodish momentum as a Cardano enthusiast on Twitter noted that the network recorded its highest weekly volume since the peak of the last bull market. The Twitter user noted that Cardano also recorded its “largest wick since March 2020.” That said, […]
