Conflux (CFX), the token powering Conflux’s high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on edge. However, it managed to climb back up over the course of the week, reaching a level of $0.330.…
After garnering the required votes, a major proposal has just passed in the KuCoin network. The proposal aimed at raising Terra Classic LUNC burns tax to 0.5%. Following the positive results, KuCoin declared increasing the LUNC network burn rate from 0.2% to the proposed 0.5%. LUNC Network Burn Tax Spikes On KuCoin KuCoin took to…
Shiba Inu (SHIB) has recently caught the attention of investors as its chart reflects a significant surge in capital inflows and buying pressure. These developments have left many speculators wondering if this positive momentum will be sufficient to initiate a much-anticipated price rebound. With increased interest and activity surrounding Shiba Inu, all eyes are now…
Dogecoin (DOGE) has been embarking on a relentless quest for a price surge in recent weeks. As the market witnessed a flurry of activity, an unexpected twist unfolded when an anonymous whale made a significant decision—to sell a portion of their coveted meme coins. In a move that raised eyebrows, one of these hefty Dogecoin…
The Web3 industry offers a diverse range of services, creating a dynamic landscape for individuals. A notable development in this space is the recent partnership announcement by Horizon, the creators of Sequence, aimed at redefining Web3 infrastructure. This collaboration has had a significant impact, particularly on Polygon’s governance token MATIC, which experienced a notable increase…
Filecoin, a decentralized storage platform based on blockchain technology, has recently found itself entangled in a regulatory debate as the United States Securities and Exchange Commission (SEC) raises concerns over its classification as a security. Grayscale Investments, a prominent digital asset management firm, has been instructed by the SEC to withdraw its application for a…
Uniswap Labs, a leading decentralized finance (DeFi) platform, has recently conducted a survey to understand the motivations and barriers of US-based retail users towards DeFi. The survey received 1,860 responses, including non-crypto, centralized finance (CeFi), and DeFi users. The survey revealed that despite the bear market backdrop, nearly half of CeFi users expressed an interest…
Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community. An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than two years. A “whale” is a term used to describe individuals or entities holding significant amounts of cryptocurrency. The…
Crypto regulation is gaining momentum in South Korea as lawmakers seek to impose stricter rules on digital assets in response to a shocking murder case linked to cryptocurrency. In a tragic incident reported by Bloomberg, a Korean woman was kidnapped and subsequently killed in what appears to be a dispute arising from losses related to…
DWF Labs, a global digital asset market maker and investment firm, is buying more LADYS, on-chain data on May 17 shows. DWF Labs Buying LADYS Trackers indicate that the market maker bought 1.9 trillion LADYS for 108 ETH worth roughly $196,000 at the time of the purchase. These purchases were made on Uniswap v3, a…