Less than a week after South Korean authorities issued an arrest warrant for the founder of TerraForm Labs, the company behind TerraUSD, the prosecutor’s office is now seeking an Interpol red notice against Do Kwon. The red notice will prompt all 195 member nations to locate and arrest Kwon, who has been labeled a fugitiveContinue reading “South Korean prosecutors seek Interpol red notice, is LUNA on risk”

As of press time, Binance finished integrating BUSD on the Avalanche and Polygon networks as well as WAX (WAXP) on the ERC20 protocol. These two integrations were announced by Binance on its official website and Twitter account.  The ERC-20 standard provides guidelines for Ethereum tokens that leverage smart contracts, which has a huge impact on theContinue reading “Here is Binance’s new announcement about WAX and BUSD”

Blockchain analytics firm PeckShieldAlert informed the community on Twitter today (19 September) that a certain vault on MakerDAO was actively under the threat of liquidation as Ether’s price dipped below $1300, at the press.  As per data from Oasis.app, ETH-B Vault 28300, which currently has $4.3 million (3354.5 ETH) as locked collateral, came dangerously closeContinue reading “MakerDAO [MKR]: Liquidation fears looming, thanks to…”

A recent report published by the U.S Treasury Department has outlined the administration’s plans for financial alternatives like CBDCs and their role in future payment.  The report was submitted to President Joe Biden in response to an Executive Order Ensuring Responsible Development of Digital Assets, which was signed by the President earlier this year inContinue reading “United States treasury department wants this on the CBDC front”

Australian senator Andrew Bragg has drafted a bill aimed at better regulation of cryptocurrency and other virtual assets in the country. Titled the Digital Assets (Market Regulation) Bill 2022, the bill provides for a licensing system for digital asset exchanges, and stablecoin issuers. Bragg said that Australia must keep pace with the global race forContinue reading “Australian senator drafts bill for crypto regulation- Details inside”

According to a recent tweet by Token Terminal, on the 16th of September. Polygon was ranked second in terms of blockchains and DApps with the most daily active users. Alongside multiple collaborations with companies like Coinbase cloud and the introduction of the vix protocol, does the future look bright for Polygon? A Runner-up forever? Coming inContinue reading “Does good news for Polygon really translate to good news for MATIC”

Delphi Digital fueled quite the stir recently after it revealed that Solana hit a new ATH of sorts. According to its tweet, Solana recorded NFT volumes of 344k – An ATH that well surpassed its previous all-time high set in May. This big surge may be attributable to the y00ts NFTs. Ergo, the question – Could theContinue reading “Assessing whether y00ts will be the one to take Solana NFTs to the moon”

Shiba Inu has released its first concept art to break into the Metaverse realm. With several whales now showing interest, there is a possibility that the altcoin’s future could be positive. Shiba Inu has been trying to make its mark on the Metaverse ecosystem for quite some time now. From hiring top talent to partneringContinue reading “Can Shiba Inu [SHIB] go to the moon thanks to its new rocket concept art”

DOT’s performance last week was pretty sluggish as it fell by nearly 10% in just 7 days. In fact, while several positive developments with the potential to push the altcoin’s price transpired, not everything went according to plan. At the time of writing, DOT was trading at $7.03 with a market capitalization of $7.8 billion. Continue reading “Polkadot [DOT]: A different kind of ‘hike’ on the cards means this for the alt’s price”

Chainlink’s [LINK] mission to continue as the crypto-ecosystem standard oracle network was met with another development recently. According to its official Twitter page, it was able to integrate four applications on its expanding network over the course of the week. The hybrid smart contracts blockchain integrated across the Polygon network, and on Binance Smart ChainContinue reading “Here’s the full scope, impact of Chainlink’s latest integration on LINK”

Bitcoin [BTC] maximalist and Microstrategy board chairman Michael Saylor recently said that the Ethereum [ETH] Merge meant BTC was going to be stronger. Bloomberg reported that Saylor made that statement while attending an Australian conference. According to him, moving from Proof-of-Work (PoW) to Proof-of-Stake (PoS) renders ETH less of a crypto asset. Saylor said, “Proof-of-WorkContinue reading “Bitcoin: Merge renders ETH less of a cryptocurrency as per this BTC maximalist”

Now that the hype around the Merge has settled down, it’s time for Cardano [ADA] to take over. The Vasil hardfork is due this month and the entire crypto community is keeping a close watch on the network.  Most recently, Input Output Global (IOG) tweeted all the new and interesting developments that happened in theContinue reading “Cardano holders may have reasons to celebrate even before Vasil rolls out”