Yield Farming: What Do You Need To Know About This Cryptocurrency Investment Strategy?

Cryptocurrency prices are back on the rise — but if you want your assets to really increase in value, it’s time to try yield farming. Colleen Sullivan of crypto trading firm CMT Digital Holdings states that yield farming is similar to obtaining airline miles because you can obtain bonus tokens from crypto trading. Cryptocurrency experts believe … Read more

BoE Proposes Stablecoin Regulation Following Terra Crash

The UK authorities have released a detailed report of how it intends to reduce the financial stability problems related to financial settlements with cryptos. The authorities saw the need for this regulation following the UST stablecoin at the beginning of this month. Before its collapse, the UST was among the top three stablecoins globally. UK … Read more

Influential Personalities Plan To Support The Zelensky NFT Project

The Zelensky NFT project is a new digital art collection soon to be available to the public. According to the announcement, this project’s primary objective is to assist Ukrainians through local communities. Details About The Zelensky NFT Project Many famous and influential persons have made a promise that they will support this project. Most of … Read more

Top Recently Added Cryptos to Consider in June 2022 

The crypto market suffers a bloodbath, with most tokens displaying ugly performances during May’s sessions. However, there’re a few exceptions. Furthermore, the marketplace saw new coins arriving. Let us check the top recently added cryptos to consider in June this year.  As a rule of the game, research whenever considering crypto investments. Digital tokens are … Read more

Celsius Network Partly Caused UST’s Collapse: Nansen

UST’s demise sent tremors through the cryptocurrency world. And according to researcher Nansen, they can’t trace it back to a single perpetrator. Rather, they discovered the trades of a limited number of traders, one of whom was the Celsius Network. There were expectations for UST to preserve its USD-peg. By using algorithms and trade rewards. … Read more

Huobi Buys Bitex to Expand Latin America Presence

Huobi has revealed the purchase Bitex, one of the prominent exchange platforms in Latin America. Huobi disclosed the deal was concluded on Thursday, but the final details of the transactions remain unknown.  Huobi Group executive Jeffrey Ma says the acquisition is part of the firm’s objectives to continue its expansion plans. Venturing into the Latino … Read more

There Is A New Record In The Virtual Land Purchase – Report

A financial publishing firm, Curzio research, revealed that it paid $5M for several plots of land in the TCG metaverse. While the TCG metaverse isn’t popular, this record sale has made it popular. The previous record for purchasing any plot of land in virtual real estate was sandbox’s purchase. Sandbox bought several land plots for … Read more

Bitcoin Mining Difficulty Drops By 4.34%

BTC mining difficulty is now 29.85 trillion from the previous 29.85 trillion. The amount represents a 4.34% drop in the asset’s mining difficulty. The drop rate of the BTC difficulty adjustment algorithm represents the asset’s second-largest in a little less than 12 months. The Relevance Of The DAA Drop Last July, the DAA drop rate … Read more

Turkey Introduces New Bills to Increase Regulatory Oversight

Providing regulatory clarity on virtual currencies is the goal of every country’s central bank globally. Since 2020, nations have clamored for better oversight in the crypto industry to curb illicit transactions and safeguard investors.  Turkey has reportedly joined the long list of countries that aims to develop its cryptocurrency sector with improved oversight. The European … Read more

Authorities Need To Prioritize Crypto Regulation And Education – IMF Chair

Earlier this month, the Terra network crash resulted in an intense sell-off in the crypto market. Analysts estimate that the crypto market cap dipped by nearly $500B following the crash. All digital assets are still well off their ATHs. The Leading digital asset, BTC, continues to trade at sub-$30K levels. After the network crash, the … Read more