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After Terra’s hard fork that resulted in the Terra LUNA 2.0 and Terra Classic (LUNC) tokens, the LUNC coin was almost being forgotten as investors opted for the new LUNA 2.0 token. But over the past week, the price of LUNC has gained traction and raised by over 118% thus attracting a lot of attention […]

Major cryptocurrency exchange BitMEX is working to increase compliance with the European sanctions against Russia by preparing to enforce major restrictions for its Russian users. BitMEX is changing its restricted jurisdictions policy in order to be compliant with various restrictive measures of the European Union, Cointelegraph has learned. The BitMEX crypto exchange notified a group

New York, NY, 1st July, 2022, Chainwire PPI, the native token of Swappi, is now available for trading on global crypto exchange BitMart Swappi, an AMM-based decentralized exchange (DEX) deployed on Conflux eSpace, today announced its first exchange listing on BitMart. Swappi’s native token PPI is now available for trading on BitMart, a leading crypto

Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas: sustainability, new enterprise, people and wellness, and services of tomorrow. EPC Blockchain, a Malaysian-based firm, is among those chosen, and it utilizes blockchain technology to record energy

The TerraClassicUSD (USTC), formerly the TerraUSD (UST), was the origin of the current crypto plunge after it de-pegged leading to the crash of the Terra LUNA coin that once traded above $80. After the events that unfolded, investors seemed to lose taste in the once-popular stablecoin. But following a 523.5% price surge over the past

The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of Decentralized Finance (DeFi). DeFi is an umbrella term that refers to financial applications that are built on top of blockchain technology. This could include anything from lending to borrowing and

Berlin, Germany, 3rd July, 2022, Chainwire Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokenization, NFTs, and distributed storage. The integration of blockchain functionality into the company’s fintech and marketing platforms will deliver web3 services on

Crypto-backed loans provider CoinLoan has temporarily reduced the withdrawal limit for traders. The company explained that the move was made due to the current market turmoil. Following the announcement, customers have been restricted to a maximum withdrawal limit of $5,000 every 24 hours. “The interest we pay on the Interest Accounts is yielded by issuing

The crypto crash has pushed up interest in short Bitcoin ETFs, with the ProShares Short Bitcoin Strategy ETF (BITI) seeing massive daily inflows since it launched a little over a week ago. Data from crypto analytics firm Arcane Research cited by Forbes showed interest in the ProShares inverse ETF, which allows investors to bet on

South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token. By investing such a tremendous amount, GEM Digital will hold H20N tokens, which will be used to guide funding in water delivery infrastructure in areas that lack sufficient access to fresh water. GEM