Senator Elizabeth Warren was recently speaking at the Senate Banking Committee on the matter of stablecoins. The Senator representing the state of Massachusetts recently issued some fairly abrasive remarks about the stablecoins. Warren has been known for her critical opinions about the DeFi markets. She has been vocal about how the stablecoin run can hurt…
The Solana Network has started to gain a lot of attention from the users in the DeFi staking pools. Due to the massive transaction fee issues on the Ethereum network, many projects opted to use alternative platforms like the Solana network. There is a popular NFT-Gaming protocol that has started to gain a lot of…
When it comes to conventional markets such as the forex market per se, it is a highly centralized and regulated entity. It means that every move that is made regarding a specific currency is because the very state where the currency is valid has a say in it. Take the dollar, for example; at this…
According to a new update posted by a Shiba Inu community member on social media, the scammers of the Squid token have started to take an interest in the canine meme cryptocurrency. The Twitter account that goes by the name of SHIBArmy recently tweeted that the latest purchase of 3 trillion SHIB tokens by a…
Raydium is an Automatic Market Maker (AMM) protocol and a liquidity pool built for the Solana network. Recently, the Solana network suffered a massive traffic jam once again during the latest Raydium IDO event. During the last 24 hours, the transaction speed for the Solana network dropped by 50%; however, the network managed to remain…
Keanu Reeves is considered one of the most iconic Hollywood stars there are. At present, he is promoting his new movie by the name of The Matrix Resurrections. He is constantly in touch with various blogs, magazines, and news channels for the sake of promoting his new movie, which is going to hit the theatres…
It is not a new piece of news now that Facebook has changed its name to Meta, and all subsidiaries such as WhatsApp, Instagram, or any other app or software that was being controlled by Facebook would now fall under the guidance and management of Meta. WhatsApp has signed up for a new crypto integration…
Tesla CEO Elon Musk was recently invited for an interview at the Lex Fridman podcast. Fridman asked interesting questions about the future of cryptocurrency on Mars and Dogecoin. Talking about Dogecoin, Musk claimed that the token was created as a joke, but it has some good aspects. He explained that Dogecoin has higher transaction volume…
The Cardano network developers have recently introduced ERC-20 token converter testnet on the network. The ERC-20 token is a Fungible token standard called Ethereum Request for Comment assigned 20th place and it allows the tokens to become identical with each other in terms of value and type. Cardano network founder and IOHK-CEO has made it…
Amid the possibility of a new COVID-19 variant on the horizon, all financial markets took a heavy pounding, and as a result, the US dollar index is now approaching a very historical resistance at 97.73. When it comes to Bitcoin and the DXY, which is the dollar index, these tend to show a negative correlation…
Iceland is the largest European nation by area after the United Kingdom. The majority of the Iceland population and the commercial entities depend on power generated by geothermal plants. The national power generator and supplier called Landsvirkjun have recently reported a shortage of power reserves. Landsvirkjun has also announced that the power supply to the…
Bancolombia is the largest financial services provider in Colombia that also extends its banking services to countries like El Salvador, Panama, Cayman Islands, Peru, Guatemala, and Puerto Rico. On Monday, the executive brass of Bancolombia announced that it has partnered with cryptocurrency exchange Gemini founded by the Winklevoss brothers. According to the media reports, the…
