Bonk Inu is a team of twenty-two individuals, with no singular leader, all of whom were involved in the inception of the project, CoinDesk learned from one of the several developers. All of them have previously built decentralized applications (DeFi), non-fungible tokens (NFTs) and other related products on Solana. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io इस वीडियो में देखिए किस तरह हम मुद्राओं से शुरू होकर नोट, कार्ड और … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors. On the 12th of January, the US Securities and Exchange Commission (SEC) charged crypto exchange Gemini and crypto lending firm Genesis Global Capital with offering and selling unregistered securities. Both companies entered a deal in December 2020 to provide customers of the exchange company with a yield-bearing crypto product. After they reached an agreement, the product tagged Gemini Earn, which touted up to 8% yields for customers, was launched in…
The previous 24 hours have been impressive for the cryptocurrency market, which is seeing a broad-based rebound on numerous fronts. Despite this development, as evidenced by a combined crypto market valuation increase of 3.4% to $880 billion as of Thursday, Solana’s newly minted canine-centered memecoin BONK has experienced a huge price decline relative to its competitors. As of writing, BONK is trading at $0.000000968754, and down a whopping 66% in the last seven days, data by Coingecko show. In the last 24 hours alone, BONK has lost 1.6% of its value. Chart:…
The company hasn’t commented on what roles were largely requested to leave in the latest round of layoffs. As the crypto winter continues to show its effects on blockchain-related companies and exchanges, another big news of mass layoffs in the industry is doing rounds. Popular cryptocurrency exchange Crypto.com has slashed its workforce by twenty percent due to present economic hardships and unforeseeable industry events. This is, however, not the first time the Singapore-based company has fired its employees in large numbers. Crypto.com, sometime during the last year, asked 250 people…
The proposed restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company. Liquidation would “maximize the company’s remaining assets available for distribution,” one of the creditors, Algorand Foundation, wrote in the filing. Source BloombergCreditorsHodlnautLiquidationPlanRejectRestructuringSeek CryptoX Portal
The Stellar (XLM) price remains in a long-term downtrend. After seeing an all-time high of nearly $0.81 on May 10, 2021, XLM’s price has fallen massively. Currently, XLM is 90.6% down from its ATH. Since October 2021, Stellar has also been in a descending trend channel. At press time, XLM was trading at $0.0822. Thus, the price is showing initial signs of strength and could make a first attempt to break through the upper line of the trend channel at $0.10. What would probably be needed is a clear move…
Bitcoin whales significantly contributed to the recent rally above $19K. Bitcoin price gained over 3 percent on Thursday and briefly traded above $19K for the first time in eight weeks. Having broken above December highs of around $18,353, the mother coin exchanged about $18,836 during the early Asian trading market. The increased upward volatility on the Bitcoin and altcoin market coincided with the United States Consumer Price Index (CPI) data released on January 12. According to data from the Bureau of Labor Statistics December CPI data remained unchanged, which means…
As the crypto space continues to expand into the mainstream, bridging the gap between digital currencies and fiat currency is a priority for many legacy financial institutions. Cryptocurrency exchange Huobi announced its partnership with Solaris, a European financial services provider, to launch a crypto-to-fiat debit card. The program, which Visa has approved, allows Huobi users to use their digital assets at the point of sale globally. Users residing in the European Economic Area (EEA) will have access to the card beginning in the second quarter of 2023. The EEA comprises…
The last 24 hours have been filled with twists and turn for the crypto market but one thing that is important is that bitcoin crossed $19,000. This would be the first time that the digital asset would be reaching this price since the FTX collapse triggered another market downturn. However, as always, such sudden movements in the market would lead to liquidations, and traders are feeling the heat. Crypto Liquidations Cross $200 Million Over the last day, liquidations have ramped up, seeing more than $200 million in losses for traders.…