The highest bid of BUSD 150,500 was put on the artwork of Da Vinci at the first NFT Binance auction at the Hermitage. Despite the usually unfavorable stance of the Russian government towards cryptocurrencies, such as Bitcoin (BTC), a famous state-based museum benefits the market by earning hundreds of thousands of dollars with non-fungible tokens…
Just recently, Paxos made an announcement about changing the name of their stablecoin from PAX to USDP. According to strategies lead at Paxos, Mr. Walter Hessert, the reason why this sudden brand change happened, it’s because Paxos wants to make things a bit clearer that their stablecoin is supported by US Dollar, so changing it…
Is Avalanche capable of maintaining its present performance level? As soon as the incentives were announced, an avalanche of DeFi consumers flocked to the site. The Avalanche DeFi ecosystem’s value has reached USD 1.8 billion, more than doubling in less than a month. This is why. Similar to Binance Smart Chain (BSC) and Polygon’s surge…
Cardano’s native ADA token continues its price rally today as work on the stablecoin’s “Alonzo update” continues and a new document describing the technical foundation of the Cardano-based stackable coin is released. Today, Thursday (11:09 UTC), the ADA is trading at $2.12, up 5.1% in the past 24 hours. Recent activity means that the token…
Ever since Bitcoin was created by pseudonymous founder, Satoshi Nakamoto, both public and private entities have been making a case for different digital assets over the years. In a new update that was made available by Reflexer Labs yesterday, the firm announced that it launched a new stablecoin on the Ethereum blockchain. In the update…
