SHIB Burn Rate Spikes 1,494%, Here’s a likely explanation
Shiba Inu’s burn rate rose 1,494% in 24 hours. Shibburn, a site that follows Shiba Inu’s burn implementation and statistics, shows that SHIB token destruction has accelerated. The Shibburn website says that on the last day, the rate at which Shiba Inu meme coins were burned went up by a huge 1,494%. Compared to the […]
FSCA Prepares South Africa Cryptocurrency For Expansion
South Africa companies that provide financial services are to give customers with goods and services related to cryptocurrencies. On October 19, South Africa’s Financial Sector Conduct Authority revised its financial advisory legislation from 2002, categorizing crypto assets in the country as financial products. This development comes as a direct result of that amendment. The most […]
Western Union Plans to Venture into Crypto
Remittance giant Western Union has filed crypto-related trademark applications after several unsuccessful attempts to form major crypto partnerships Mike Kondoudis, a trademark attorney, says that the Denver, Colorado-based money transfer company Western Union has filed several trademark applications with the U.S. Patent and Trademark Office that have to do with cryptocurrencies. The company’s applications for […]
X-App Will Have a Crypto Wallet with Bitcoin and Ripple Payments
Elon Musk is the CEO of Tesla Inc. and the founder of SpaceX. He is supposedly working on a social media platform with crypto wallet features, such as the ability to add and remove money. Jane Manchun Wong, a well-known tech blogger, told the world about these facts. She did say, though, that not much […]
QuickSwap Has Been Hit By a Flash Loan Attack
A flash loan attack has caused losses of $220,000 on the popular decentralized exchange QuickSwap operated by Polygon. The exchange was targeted by the assault. Flash Loan Attack Siphons Off Funds On Monday, hackers used a flash loan attack on a popular decentralized exchange (DEX) and stole $220,000 worth of cryptocurrency. The QuickSwap team talked […]