News

Dogecoin Plans to Make DOGE Offline Transactions
Dogecoin Plans to Make DOGE Offline Transactions

Dogecoin Foundation is working to develop Dogecoin offline transactions. RadioDoge with the support of Elon Musk’s Starlink satellite network would allow offline transactions from happening. Developers disclosed that the main network received DOGE via its Dogecoin addresses created with the Libdogecoin. Product Lead at the Dogecoin Foundation Timothy Stebbing and Principal Engineer at the Foundation Michi Lumin collaborated to develop a new communication network that would enable Dogecoin offline transactions.  According to the blog post of Dogecoin Foundation, a “cheap and reliable Radio technology (HF/LoRaWAN)” they call RadioDoge is going to need the support of Starlink satellite network to allow

2 mins read
Circle To Apply for US Bank Charter Soon
Circle To Apply for US Bank Charter Soon

The issuer of USDC stablecoin Circle said it’s applying for a US bank charter soon. Circle CEO Jeremy Allaire said OCC is providing their full attention regarding the matter. If approved, Circle will be the newest member of the federally chartered crypto banks in the US. Crypto payments firm Circle Internet Financial LLC, the issuer of the USDC stablecoin, said it’s looking to apply for a US bank charter in the near future.  According to Bloomberg, the crypto payments firm revealed its plan for a bank charter in 2021. However, the company hasn’t submitted an application to the Office of

2 mins read
Trading Guru: Bitcoin Price To Grow 10X in 2 Years
Trading Guru: Bitcoin Price To Grow 10X in 2 Years

Popular trader Peter Brandt said Bitcoin could increase ten times in two to three years. Brandt also said that Bitcoin may congest if the increase doesn’t happen. Bitcoin’s dominance falls over 41%. According to a recent tweet from a popular futures trader Peter Brandt, Bitcoin (BTC) price could increase ten times in two to three years from now. On the contrary, the world’s largest cryptocurrency by market capitalization may carry on with its stretch of sideways trend for quite a while, Brandt said. The futures trader’s latest prediction was posted in response to a tweet posted by long-time Bitcoin advocate

2 mins read
Shiba Inu Up 20% After Whale Buy, Robinhood Support
Shiba Inu Up 20% After Whale Buy, Robinhood Support

A total of 2.41 billion SHIB burned to make the token more scarce and increase its price. A whale purchased a total of 775 billion SHIB ($20.8 million). Trading app Robinhood finally listed SHIB on its platform. The price of the popular meme coin Shiba Inu (SHIB) has increased up to 20% since the end of last week for three reasons. Firstly, Shiba Inu initiated a burning of 2.41 billion SHIB, shrinking the total supply and making it more scarce.  Secondly, a whale purchased an astonishing amount of 775 billion SHIB, worth more than $20 million at the time of

2 mins read
Currency.com Bans Russians From Trading on Platform
Currency.com Bans Russians From Trading on Platform

Crypto exchange Currency.com said it would ban Russians from trading on its platform. New Russian clients cannot open new accounts on the platform. Most major crypto exchanges are still hesitant in banning Russian civilians. In a blog posted on Tuesday, the Belarusian crypto exchange Currency.com stated that it will halt operations for Russian citizens due to the ongoing invasion of Ukraine earlier this year. The exchange has now stopped Russian clients from opening new accounts. Vitaly Kedyk, CEO of Currency.com’s Ukraine branch, said: “We condemn the Russian aggression in the strongest possible terms. We stand with Ukraine and everyone who

2 mins read
Nexo, Mastercard, DiPocket Launch Crypto Card
Nexo, Mastercard, DiPocket Launch Crypto Card

Nexo, in partnership with Mastercard and DiPocket, launched the world’s first “crypto-backed” payment card. The payment card, named Nexo card, will be initially available in selected European countries. The card allows cardholders to use their crypto assets as collateral. Digital asset institution Nexo collaborated with global financial services giant Mastercard to launch what they claim as the world’s first “crypto-backed” payment card named “Nexo Card.” The Mastercard-backed crypto card will be initially available in selected European markets. The card provides a crypto-backed credit line to users, which allows cardholders to use their crypto assets as collateral instead of spending them.

2 mins read
Huawei Latest Chinese Tech Giant to Launch NFTs
Huawei Latest Chinese Tech Giant to Launch NFTs

Huawei Cloud launched its first batch of NFTs airdrop last Tuesday. The NFT is based on Hawei’s mascot. All of Huawei’s first batch of NFTs airdrops have already been sold. Huawei Cloud, a subsidiary of Huawei’s cloud computing, is the newest Chinese tech giant to join on the popular non-fungible token (NFT) trend by launching its first batch of NFT airdrop Last Tuesday.  As a part of Huawei Cloud’s branding campaign, the airdropped NFTs have been based on Huawei’s mascot. Huawei has yet to reveal if it will launch it on the NFT platform. Nonetheless, the NFTs run on Huawei’s

2 mins read
Binance, WhiteBIT Team Up To Help Ukrainian Refugees
Binance And WhiteBIT Team Up To Help Ukrainian Refugees

Binance will launch a “charity crypto card” for Ukrainians who need assistance in leaving the country. The company has already given $10 million in aid to Ukraine. WhiteBIT to assist citizens of Ukraine who have been forced to leave the country. The largest crypto trading platform Binance and the Ukrainian WhiteBIT have given their active support for humanitarian efforts amidst the ongoing war happening in Ukraine. The crypto exchanges are looking to help Ukrainian refugees who had to leave their country due to Russia’s invasion. Binance to Launch Charity Crypto Card Mykhailo Fedorov, Ukraine’s Minister of Digital Transformation, disclosed on

2 mins read
NFT Marketplace Magic Eden To Add AURY, DUST Tokens
NFT Marketplace Magic Eden To Add AURY, DUST Tokens

Magic Eden added Aurory’s native token AURY and DeGods’ token DUST support. Customers can now use AURY and DUST to purchase Solana NFTs on Magic Eden. Opensea officially added Solana support on beta. Leading Solana-based NFT marketplace Magic Eden is connecting popular NFT projects by integrating their tokens. The popular marketplace will start integrating tokens of Aurory’s native token AURY and DeGods’ token DUST. Magic Eden’s head of content and marketing, Tiffany Huang, said users can utilize the tokens similar to Solana on the marketplace. Customers can now use AURY and DUST to purchase Solana NFTs from any collection on

2 mins read
Terra Stocks $1.7B Worth of BTC To Hit $10B Goal
Terra Stocks $1.7B Worth of BTC To Hit $10B Goal

Terra buys another $176 million in Bitcoin, 4 days after its 5,040 BTC purchase on April 6. LFG now carries a total of 39,897.98 BTC ($1.7 billion) Bitcoin. TerraUSD stablecoin will be backed by both their native LUNA token and Bitcoin. A Singapore-based Luna Foundation Guard (LFG), committed to promoting Terra blockchain, bought another $176 million worth of Bitcoin last Sunday, following its recent purchase of $200 million worth of BTC on April 6. The recent purchase showed an additional 4,130 BTC added to its wallet on April 10. This happened four days after its 5,040 BTC purchase on April

2 mins read
ESPN Launches NFT of Tom Brady Docu Series
ESPN Launches NFT of Tom Brady Docu Series

The Man in the Arena: Tom Brady Collection NFT dropped on April 6. A second collection will drop during the series’ tenth episode on ESPN+ The series highlights Brady’s breakthrough of his legendary NFL career. Entertainment and Sports Programming Network (ESPN) announced its first non-fungible token (NFT). This is in collaboration with Autograph, the Web3 brand co-founded by Tom Brady.  According to the report, the NFT launched a collection based on The Man in the Arena: Tom Brady, a 10-part ESPN+ docu-series produced by Religion of Sports, a media company also co-founded by Brady. Specifically, the Tom Brady collection launched

2 mins read
Cardano Registers Additional 450k wallets in Q1 2022
Cardano Registers Additional 450k wallets in Q1 2022

Cardano blockchain added 450k wallets in Q1 of 2022 alone. An average of 5,000 wallets were added to its network daily. The network’s rapid expansion has greatly affected the rise of the number of wallets in Q1. The Cardano blockchain had an outstanding growth since last year, due to the increase in the number of wallets holding ADA –- the network’s native token. According to the data from Cardano Blockchain Insights, in the first quarter of 2022, the largest Proof-of-Stake (PoS) asset added 453,121 wallets in the middle of January 1 and March 31. There’s a total of 2,666,372 wallets

2 mins read