According to MakerDAO co-founder and cryptocurrency expert Rune Christensen, the DAI stablecoin may free itself from its USD peg by selling all its USD Coin (USDC) holdings. Christensen made the comments on Thursday on MakerDAO’s official Discord channel. MakerDAO might convert USDT to ETH The DAI stablecoin is currently backed by USDC at a rate…
On Thursday morning, Ether (ETH) passed $1,900 following the successful transition of the final and major testnet “Goerli” to the proof-of-stake chain. This is the highest level ETH has been in the past two months Goerli testnets moves to PoS At 01:45 UTC, one of Ethereum’s biggest and most active test networks, Goerli, transitioned from…
How and where to buy Metaverse ETP token. Early investments have proven more rewarding but risky in the cryptocurrency market, including the equity sector. It’s believed that the metaverse could bridge the gap between the virtual and real world. The technology is relatively new, but the potential is enormous. Since 2021, the number of projects…
Shiba Inu has revealed the name for its upcoming video game, Shiba Eternity The Shiba Inu game finally has its official name, and SHIB reveals that the game is called Shiba Eternity after teasing a logo reveal yesterday. The revelation of the name and logo for the long-awaited video game came as part of the…
James Howells signs away some of the ownerships to his missing 8,000 bitcoin to incentivize the council’s permit. The UK national, James Howells, who claimed to have lost an 8,000-bitcoin wallet in a dump, is now doubling down on his previous efforts to retrieve the missing wallet from the Newport landfill. $182 million bitcoin lost…
Among Us NFT collections and memes NFTs have led the charge of many major industries, including fashion, music, and real estate, into the digital space. The gaming industry isn’t left behind as it’s also garnering the interest of NFT lovers anticipating the release of NFT-based play-to-earn games. Among Us is a popular game that blew…
This article – Tectonic crypto news – is a recap of recent events and price performance of Tectonic (TONIC) cryptocurrency and project. The general cryptocurrency market is starting to gain a bit of relief from the recent bear pressure, which pushed prices down to disturbing levels. Over the last seven days, the crypto market cap…
The US-based crypto exchange Coinbase has earlier asked the SEC to create rules that work for digital asset values. Bloomberg reported Monday that the US Securities and Exchange Commission has reportedly launched an investigation to find out whether cryptocurrency exchange Coinbase allowed Americans to trade digital assets that should have been registered as securities. SEC…
During a Congressional subcommittee oversight hearing today, US Congressman Brad Sherman said that Ripple (XRP) is security and illegal; a similar argument was exerted by the Securities and Exchange Commission (SEC). On this note, Sherman wants SEC to pursue legal actions against cryptocurrency exchanges that supported the trading of XRP. Brad Sherman calls for legal…
A recent report from the US Federal Bureau of Investigation (FBI) revealed that cryptocurrency investors lose tons of money to cyber criminals through fake crypto investment applications. FBI warns of fake crypto apps Scammers took advantage of legitimate investment platforms to defraud investors, the law enforcement agency said. They lured unsuspecting crypto users into downloading…