Shiba Inu: SHIB Burn Rate Surges by 1000%: Recovery Prospects on the Horizon?
The Shiba Inu [SHIB] network attracted significant attention with the rollout of its Shibarium update. However, the reception was marred by an unfavorable glitch during its introduction. Despite these initial setbacks, a potential transformation could be in the offing, signaled by a remarkable surge in the SHIB network’s burn rate. As of the current moment, […]
What is Venus (XVS)? – How to Use and Buy it
What is Venus (XVS)? Venus (XVS) is a decentralized finance (DeFi) lending protocol that operates on the Binance Smart Chain (BSC). It functions as a permissionless algorithmic money market, offering borrowers the opportunity to secure crypto-based loans at relatively low-interest rates. The platform enables users to supply their cryptocurrencies as collateral and borrow other assets […]
XRP Could Hit $0.55 Mark Despite Persistence Bearish Push
XRP, once buoyed by a U.S. court verdict classifying it as non-security in the SEC vs. Ripple lawsuit, has been grappling with a downward spiral since July. The initial surge following the verdict proved short-lived, with the cryptocurrency now relinquishing nearly all of its post-verdict gains. Over the past week, XRP has witnessed a substantial […]
Robinhood May List XRP Before Year Ends; What’s to Expect?
Like the majority of cryptocurrencies, XRP has had a seven-day performance decline of over 17%. However, the XRP community is speculating about a move that might potentially boost the value of XRP while the digital asset market languishes in a downward trend. Influencer for XRP Crypto Assets Guy recently revealed the developing debate over listing […]
Terra Takes Preventive Measures by Temporarily Shutting Website Due to Phishing Threats
The Layer-1 blockchain project Terra has taken the step of temporarily closing down its website to safeguard users from ongoing phishing schemes occurring on its platform. Terra has effectively frozen the domains associated with “terra(dot)money” to halt the continuation of phishing scams targeting users. However, efforts to fully resolve the situation are still in progress. […]
Ripple’s Potential Growth Hindered by SEC Legal Battle, Expert Says
Prominent cryptocurrency litigation specialist and vocal XRP advocate, John Deaton, has castigated the U.S. Securities and Exchange Commission (SEC), asserting that its actions have significantly impeded XRP’s potential for widespread adoption over the past three years. While highlighting the recent integration of USDC into Coinbase’s financial ecosystem, Deaton underscores Coinbase’s proactive engagement with SEC attorneys […]
Shiba Inu: Shibarium Ready to Go After Additional Tests
The lead developer of Shiba Inu, Shytoshi Kusama, has released a new blog post to provide the community with an update on the current status of Shibarium. Kusama reported that the network has achieved a state of readiness and has undergone enhancements and optimizations. Despite being in the testing phase, the blockchain is successfully generating […]