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Following LUNA, FTX and other crashes, is Binance at the risk of crash? Major crypto enterprises are rushing to assure customers that their funds are safe. But are they actually releasing proof — or just data? The billionaire chief executives of the major crypto exchanges Binance and FTX, Changpeng “CZ” Zhao and Sam Bankman-Fried, have […] More
Sam Bankman-Fried, the CEO of FTX, has broken the silence by talking about the recent acquisition of the company by rival Binance. Apparently, all was not well for FTX in terms of liquidity which made Bankman-Fried seek help from Changpeng Zhao, the CEO of Binance, who was one of the first investors in FTX. In […] More
MetaMask Launches Bridge Aggregator MetaMask Bridges MetaMask Bridges (beta) aggregates the best routes with time, cost, and security considerations for a better bridging experience. MetaMask launches bridge aggregator MetaMask Bridges. The official presentation stated that MetaMask Bridges can help users find the best routes to move their tokens from one chain to another. This beta […] More
Staking is the yield-generating component of the MetFi ecosystem. To receive a yield on MFI tokens an individual must hold an NFT and stake MFI tokens to the NFT. The highest NFT held in the user wallet determines the Annual Percentage Yield (APY) that the individual receives – there is no other method of staking […] More
Are you ready for the storm? Sei is launching its first incentivized Testnet. They’re calling it Operation “Seinami”. After months of building, Sei Network is almost ready for its maiden voyage. But before they set sail for the public launch, they want YOU to help us stress-test the network and ensure that every last line of […] More
In the last two days, the crypto market has been erratic, with the price of many altcoins, including Ethereum (ETH), battling for survival after the news that Binance would not be taking over FTX after conducting due diligence. Previous weeks saw the price of Ethereum (ETH) perform well, rallying from a low of $1,200 to […] More
Maxine Waters, chair of the United States House of Representatives Financial Services Committee, pushed for additional federal oversight of crypto trading platforms and consumer protection amid FTX facing liquidity issues. In a Nov. 10 statement, Waters cited FTX’s difficulties as the latest example of incidents “involving the collapse of cryptocurrency companies” and how such events […] More
Ethereum network fees skyrocketed tenfold on November 8. Ethereum community charges skyrocketed tenfold to as a lot as 318 Gwei on November 8 with a easy transaction nearing the extent of $10 at one level. This, paired with the continuing crypto market crash, has triggered a lower within the coin’s value to under the extent of […] More
Luawap is a multi-chain liquidity protocol that enables users to swap tokens in a decentralized manner without the need for KYC. LuaSwap is the new swap protocol inspired by the previous AMM-based swap protocols such as Uniswap and SushiSwap. However, LuaSwap’s redesigned token economics and operation strategy addresses the shortcomings of other swap systems. How to […] More
Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue […] More
A crypto faucet is an online service that provides small amounts of cryptocurrency free of charge to users via ads, microtasks, or other methods. Crypto Faucets are used to introduce new people to cryptocurrency and get them familiar with it through the act of actually using it and adding it to their digital wallet(s). There […] More
This guide will take you through the process of setting up Binance and Metamask account so that you can start trading ERC20 tokens using the Binance Smart Chain. You’ll need about five minutes to complete all of the steps in this guide, but you will save hours trying to figure this out on your own! […] More