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Blockchain

Bitcoin Crash; Having Unfavourable Effect on the Economy of El Salvador

May 17 2022 @ 01:20
In September 2021, the president of El Salvador, Bukele Nayib decided to adopt Bitcoin as the means of economical activities. This makes El Salvador the first country to make Bitcoin a legal tender. Bitcoin, which has been bullish until it reached its $68,000 all-time-high in November, started a down-trend to date. Now, Bitcoin is priced […]
 

The Recently Crashed Terra/USD Appears to Be Recovering on the 2-hour chart

May 16 2022 @ 01:11
TerraUSD experienced a sudden price crash which started on the 9th till 13th May. However, between the 14th and 15th of May, signs of recovery have been seen. TerraUSD, being a stable coin is not meant to be this volatile. It is expected to be pegged at $1, but at the present, it is trading […]
 

Nigeria Gives Cryptocurrency Laws in an Attempt to Increase Crypto Use

May 15 2022 @ 10:25
Securities Exchange Commission of Nigeria gives regulatory laws on the provision, conversion, and possession of Cryptocurrency in the nation. This move came 1 year and Six months following the Commission’s first declaration on how it will group and handle Crypto in the nation. This move is in disparity with the nation’s Central Bank stand: which […]
 

How Did Terra Luna (Crypto) Crash by 99.9 Percent, and What Is This Cryptocurrency?

May 14 2022 @ 03:20
Terra (Luna) crypto: once valued at $120.00 devalued (crashed) to $0.02. The devaluation occurred by 99.9 percent, and it happened within the 11th-12th of this month (May). The SPX fell below the 4,000 level: for the 1st time ever since the 5th month of 2012. Bitcoin also revisited the $25,000 price level. The Cryptocurrency market […]
 

4 Tips for Incorporating Blockchain Into Your Business

May 13 2022 @ 05:47
It’s no longer news that blockchain will be a major player in the finance industry in the years to come. Businesses are even expected to start incorporating elements of blockchain technology into operations. So, every business owner must get their bearings on this new territory by learning as much as they can about this technology […]
 

Whales Are Silently Expanding Their Wallets on Some Ethereum-Based Altcoins

May 09 2022 @ 23:37
There has been some interesting rank movement of some altcoins on the Ethereum network as whales, very rich wallet holders, are acquiring a large amount of some of these altcoins. According to information got from WhaleStat, an online whale-monitoring organization, ApeCoin (Ape), Loopring, MATIC, Serum, SAND, and even ETH among others are being acquired by […]
 

DeFi Coin Soars By Over 500% In Two Days As DEFC Prepares For Bull Cycle

May 09 2022 @ 07:55
DeFi Coin (DEFC) surged by over 175% last Wednesday alone, as the price rallied to $0.23 on Bitmart. On that day, the DeFi token jumped from a daily low of $0.08 to tap a high of $0.25, a jaw-dropping 300% single-day move. That said, DEFC did not stop there. Instead, the cryptocurrency surged by another 124% […]
 

Binance Coin Struggling Against a Strong Down-Trend Pressure

May 08 2022 @ 18:54
Although the Binance coin may seem to be performing on a side-way market trend, yet, by the observation from the trend line, the price is falling slightly. Earlier this month the coin broke the support level of $380 and then rallied back towards $400. Then after this it broke the resistance of $400, it then fell to $358.18. […]
 

Ethereum Indicates Dipping to Its Lowest Following Its Biggest Yielding To Trading Quotient in 3.5 Years Appears

May 08 2022 @ 08:10
From the latest tweets, Santiment a blockchain data supplier disclosed that the figure of Ethereum debiting and crediting that occurs at a time when participant’s addresses are at a deficit, is more than when their wallets are making gains by nearly 3.4 times. That is the largest increase in this quotient in more than three […]
 

The Largest DeFi Exchange Running on Cronos Blockchain Network Loses $2 Million to Hackers

May 07 2022 @ 11:21
MM.Finance, a community of interacting Decentralized Finance applications and the largest DeFi exchange running on Cronos blockchain, was on the receiving end of a two million dollar malicious attack. This event was made public three days ago (Thursday) after the hacker broke into the application’s user interface and begin transferring funds to his or her […]
 
 
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