Despite Its Market Cap Dip, Tether’s USDT Launches On Polygon

USDT issuers, Tether, are launching their popular stablecoin on the Polygon network. Tether Expands Across The Crypto Space Tether keeps expanding across other networks amidst growing worries over the stablecoin market. Tether’s stablecoin (USDT) is now on the Polygon network. The launch will likely boost the value of the USDT stablecoin. USDT has shed more … Read more

Digital Assets Are A Better Asset Class Than Real Estate – JPMorgan

Analysts at the leading US investment bank, JPMorgan, have concluded that real estate is no longer a good alternative investment. Instead, digital assets and hedge funds are now the better alternatives. In the report sent to investors, JPMorgan’s lead strategist, Nikolaos Panigirtzouglou, further said that BTC’s current value is still 30% off its actual value. … Read more

RCD Espanyol Is Likely To Begin Accepting Cryptocurrency Payments

A collaboration has been carried out with Crypto Snack on the behalf of RCD Espanyol to be turned into the earliest team from La Liga offering the fans the chance to use crypto to purchase tickets. The fans of the Catalonia-based proficient soccer team will be permitted to buy game tickets, beverages, food, and merchandise … Read more

Dubai Has Approved Calvin Cheng’s Proposal For A VASP License

Through his Web3 firm (FZE), Calvin Cheng will invest in projects that enable the integration of fashion, media, and entertainment into crypto. Dubai virtual asset regulatory authority (VARA) approved a provisional VASP license for Cheng’s FZE. VARA is the first regulator for digital assets globally. VARA is key to Dubai’s move towards accomplishing an economy … Read more

Top Crypto Treasury Management Platform Raises $15M From Its Latest Series A Funding Round

Coinshift, a top treasury management platform, also announced that the funds would be used to develop and provide a complete treasury management solution service for crypto-related firms. Crypto firms, including DAOs, use Coinshift tools to manage their cash reserves. Over 300 venture capitalists participated in this funding round. Among them are Tiger Global, Sequoia Capital … Read more

Nox Crypto Exchange Refunds Its UST Holders At A $1 Rate

Various media outlets in Brazil report that a local crypto exchange, Nox exchange, has refunded all UST holders on its platform at $1.  While the move is unprecedented and commendable, the platform clarified that users could only receive their lost UST tokens with the USDT stablecoin. Per multiple reports, Nox spent about $127K (620K Reais) … Read more

Despite A 35% Drop In SHIB Price, Its Community Grows By 15K In Seven Days

Most of the digital assets are still trading in the negative as the general downturn in the crypto market continues. The SHIB Community Keeps Growing However, the SHIB community keeps growing even though the SHIB token has shed 35% of its value in the last seven days. Before May 10, 2022, the SHIB community grew … Read more

Terra’s Tokens Had Design Flaws, But There Was No Rug Pull – Paolo Ardoino

Do Kwon and his team continue the battle to restore normalcy to the Terra network following the crash of the network’s algorithmic stablecoin and native token. LUNA’s price crashed so hard that it now trades for pennies, while the TerraUSD stablecoin (UST) lost its USD peg and now trades at $0.0625, according to the current … Read more

Ethereum Merge Likely in August: Vitalik Buterin Reveals

On Friday, Ethereum founder and crypto billionaire Vitalik Buterin stated that the Ethereum Merge would likely occur in August 2022. The Merge involves ETH blockchain transitioning from proof-of-work to proof-of-stake. Buterin revealed the development during the Ethereum Shanghai web3 Developer Summit. He also confirmed potential risks would mean possible delays to September or the following … Read more

Evaluating Whether Tron (XRP) Still Holds Portion of Its Latest Gains

Tron network’s native token TRX was among the best crypto to hold during the recent market slump. Moreover, the altcoin appears to hold steady regardless of the unstable market conditions. Let us find more. TRX witnessed a massive rally from April’s second week as the broad market suffered a bloodbath amid a bearish attack. Tron … Read more