ETH Layer 2 Deposits Now Open On Binance

Ethereum layer 2 deposits are now live on Binance, post completion of the optimism network integration. The key highlight includes the direct deposit of ETH to layer 2 without the use of the mainnet. Ethereum continues to dip despite major announcement…

Top Meme Tokens Slow To Recover From Recent Crash, Here’s Why

Memetokens, the biggest highlight of the 2021 Crypto pump, have failed to gain momentum this year. The Global Crypto market saw a slight recovery amid highly volatile conditions. The total crypto valuation rose by 3.44% over the last day. Metaverse and…

Sandbox (SAND) Jumps 16% Ahead Of Listing On This Top Exchange

Sandbox (SAND), the native token to the namesake metaverse, jumped over 16% after Coinbase said it intends to list the token. The move is expected to benefit SAND, given that Coinbase is the largest exchange in the United States. The exchange made the …

Is Do Kwon’s Terra Recovery Plan Part Of A “Kill Switch” Protocol?

A key part of Terra’s recovery plan is the removal of Do Kwon’s Terraform Labs and making the blockchain completely community-owned. But this aspect of the plan may have been premediated. An old interview of Kwon, which resurfaced recently,…

This Top-50 Crypto Jumped 28% This Week Despite A Market Crash

KuCoin Token (KCS), the native token to the fifth-largest crypto exchange, blazed past the 50 biggest cryptos this week. KCS is up 28% in the past seven days at $15.64. It has also jumped over 8% in the past 24 hours. The token began its rally just aft…

Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

Ethereum founder Vitalik Buterin said on Friday the Ethereum Merge, ie a transition to a proof-of-stake (PoS) protocol, will most likely happen by August this year. Speaking at the ETH Shanghai Web 3.0 Developer Summit, Buterin said that in case of pot…

Terra Ecosystem Announces Some Key Amendments to Its Revival Plan

After the recent collapse, the Terra ecosystems has been working on a revival plan. A majority of the Terra community members have voted in favor of a hardfork. In the latest development, Terra has published an amendment to proposal 1623 and has made t…

Breaking: Stablecoin Tether ($USDT) Reveals Reserves Fully Backed In New Report

Stablecoin firm Tether Holdings Limited has come out to allay fears of a possible USD/USDT decline after the stablecoin lost its peg to the US dollar last week amid $UST crash. Tether (USDT), the world’s largest stablecoin, lost it’s peg to…

LUNA Crash: Blockchain Firm Losses $3.5 Billion As Terra (LUNA) Crumbles

Hashed, a Seoul and Silicon Valley based crypto assets fund and community builder has lost over $3 billion in the wake of Terra (LUNA) collapse. The venture capital is a well known financier of Terra and their relationship goes as far back as 2019. Ter…

Breaking: Ripple (XRP) Throws In $100 Million To Cut Down Carbon Emission

In a press release, Ripple, the Blockchain company of cryptocurrency, Ripple has unveiled to the public its contribution to carbon emission reduction with an investment worth of $100 million. Why The Investment? According to the company’s CEO, Br…