Terra Classic Fans Can Now Borrow USTC on Binance Loans
Binance Loans has now added support for Terra Classic USD (USTC) as a borrowable asset.
Market News
Chainalysis Data Records $718M DeFi Hacks This Month
DeFi firms sets a new record for the largest crypto hack in a day, with hacks from four different DeFi protocols yesterday.
Hacker Steals Over $100M From Mango Markets
On October 12, 2022, an attack was launched against Mango Markets, a decentralized finance network located in Solana, draining $100 million from exchanges.
Dubai Aces the Crypto Game, Brings $150M Accelerator Fund
Dubai continues to triumph in the crypto industry. DMCC Crypto Centre has struck a partnership that’ll bring $150 million in funds.
Google Chooses Coinbase, Allows Cloud Payments With Crypto
Google has struck a partnership with Coinbase to make cloud payments with cryptocurrencies for its cloud-based services.
Crypto Giant Coinbase Obtains a Permit In Singapore
As a result of authorization from the central bank to provide its cryptocurrency services in the city-state, Coinbase has joined the Singaporean market.
Bears Uphold as BOE Doubles its Temporary QE Bonds
The UK treasury and BOE to increase measures to stop the financial market volatility from extending beyond a $1 trillion segment of the pensions business.
Visa and FTX To Offer Debit Cards In Over 40 Countries
To provide debit cards in 40 countries, Visa is collaborating with the international exchange FTX, with an emphasis on Latin America, Asia, and Europe.
Crypto Turns Green as UK Rumored to Raise Interest Rates
The crypto market may be in a relief rally, as most cryptocurrencies are in the green. The total market capitalization of cryptocurrencies is almost $1 trillion. Recently, the UK has been taking steps to mimic the US Federal Reserve’s raising of interest rates. The crypto market appears to be in a relief rally, as most cryptocurrencies are seeing positive movements in the last 24 hours. For example, Bitcoin (BTC) has once again broken through the $20,000 resistance level, while Ethereum (ETH) is firmly trading within the $1,300 range. Overall, the crypto market is only $5 billion shy from hitting $1
LUNC Remains Lukewarm Despite Binance Burning $1.8M in Fees
The price of Terra Classic (LUNC) remains lukewarm despite Binance burning $1.8 million in fees in the past week.
Bitcoin (BTC) Reserves Steadily Drops in Exchanges
Bitcoin (BTC) has been flowing into cryptocurrency exchanges since 2013. The reserves have slowly begun to decline since 2020.
Data Shows Investors Sell EUR and GBP for Crypto
Crypto analytics firm Messari disclosed data that shows investors from Europe are trading GBP and EUR for Bitcoin and Ethereum.
