Binance Set To List Terra (LUNA) 2.0, Here’s Why
After its successful airdrop last week, Binance, the largest crypto exchange, announced that it will list the newly released LUNA token. However, Binance’s “innovation zone,” a trading platform for new, high-risk tokens, will list the token. The tokens will be available for trading on May 31. LUNA 2.0 had a relatively volatile launch, plummeting by […]
Do These SHIB Tokens Burn Mean Recovery For Shiba Inu?
A shib burn tracker has disclosed that over 22.2 billion SHIB tokens worth $667 million were burnt across 497 transactions. In April, Shiba Inu’s developers teamed up with Ryoshi Vision to launch Shiburn, a burning mechanism . This mechanism rewards community members who use the ShibaSwap exchange platform to burn the protocol’s native SHIB tokens. […]
Binance Introduces Direct Crypto For Fiat Sales Through Visa Cards
Binance, the largest cryptocurrency exchange, announced on Monday that users may now sell crypto for fiat using their debit and credit cards. Users will be able to sell all cryptocurrencies for fiat and transfer funds directly to supported Visa credit or debit cards using the Sell Crypto to Credit/Debit Card feature. Binance Introduces a Sell-Crypto-For-Fiat […]
Tron Surges Amid Market Volatility, Will It Fail Like Terra?
Despite the growing uncertainties in the global cryptocurrency market, the Tron ecosystem is on the rise. The USDD stablecoin and Tron’s native token had survived the recent crash. According to the data, USDD entered the top 100 cryptos just a few weeks after its launch. The USDD 24 hour trading volume has increased by 18% […]
Why Is Terra Recovery Plan Hindered By Technical Difficulties?
Terra’s revival plan to restore some value to the blockchain appears to be hindered by some technological difficulties. Since last week, approximately two proposals related to the recovery plan have failed to execute due to smart contract difficulties. The proposals aimed to burn excess UST while also restoring inter-blockchain communication between Terra and other chains, […]