WWW.BLOCKCAST.CCHow quickly the tables turned. At one stage, it looked like Binance was going to be the hero, the shining white knight arriving to single-handedly save FTX and the crypto market in general. But then things started to turn sour. Within 24 hours, Binance announced it was pulling out of the rescue deal, and the […]
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Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Circle and Concord had approved the cancellation. Are you looking for […]
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Circle, the company behind USDC, the second largest stablecoin on the market, announced its ambitions to expand the use of its Euro-backed stablecoin, EUROC. Circle offered a Euro-backed token in addition to its US Dollar-backed USDC token. Adding support for another chain was part of the plan to broaden the stablecoin’s reach and adoption. This […]
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The number of active addresses on the BNB chain continued to grow over the past 90 days, according to a tweet by BNB chain’s tweet of 6 November. This development could be attributed to BNB’s significant improvement on the social front. The road to mass adoption relies on a dedicated and active community.#BNB pic.twitter.com/1pISQkukbz — […]
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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. $73 flipped to resistance Bitcoin is unable to rally past $19.6k as well At the time of writing, Aave had a market capitalization of $1 billion. The lending platform was among the biggest in […]
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South Korea’s Ministry of Foreign Affairs announced on Wednesday (5 October) that Terraform Labs Pte. Ltd. CEO Kwon Do-Hyung, aka Do Kwon, would have his passport revoked in four weeks if he did not return it. Well, Do Kwon had an arrest warrant out for him, and his name has been widely reported to have […]
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Chainlink has dominated as a leading oracle with 1704 integrations of its various products across multiple chains. However, despite the many integrations and projects in its portfolio, Chainlink’s token, LINK, refuses to replicate the same success seen within the Chainlink ecosystem. This year alone, data from the Chainlink ecosystem shows that Chainlink has successfully done […]
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The king coin of cryptocurrencies continues to divide opinions among skeptics with its latest movement. After rejecting the $24.2K resistance, BTC prices have crashed below $23,450 at press time according to CoinMarketCap. This rejection has raised many eyebrows in the community since market conditions have improved of late. Galaxy Digital CEO Mike Novogratz recently told […]
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The king of altcoins has shared a close correlation with Bitcoin since forever. Needless to say, every move made by the king coin has had some impact on Ethereum. That dynamic is beginning to change, however, and this might bear a good result for the second-generation cryptocurrency and its investors. Ethereum rises beyond Bitcoin Over […]
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While Polkadot [DOT] ended July strongly, the start of August was on the opposite side. On the last day of the previous month, DOT increased from $8.2 and went as high as $9.11—driving good profits for its short-term investors. However, DOT has reversed to a downward trajectory since 1 August and has lost around 9.64% […]
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