The Quant token has seen a strong price rally reaching an all-time high (ATH) of $379 today The Quant (QNT) token had a massive bull run with the price establishing a new all-time high of $379 today. QNT was being traded at $346 at the time of writing. The coin has been on a strong […]
Category: STO News
Where to buy Mensa Protocol: MENSA surges by 207% as Bulls Prevail
MENSA, the native token of the Mensa Protocol, a decentralised lending platform, has joined the bull run with 207% gains in 24 hours Mensa Protocol (MENSA) has risen sharply in a day and looks poised for further growth. Decentralised finance (DeFi) tokens tend to do well and MENSA seems to be taking the lead. It […]
FTX Launches Cross-Chain NFT Marketplace for Both US and Global Users
Cryptocurrency exchange FTX now allows anyone to make their own non-fungible tokens (NFT). On Monday, the CEO Sam Bankman-Fried took to Twitter to share that the DIY NFT listing is available on both FTX for global users and FTX.US for its American users. Just two weeks back, in an interview with CNBC, Bankman-Fried had noted […]
UK’s Financial Watchdog says, No Real-World Cash Flows Underpinning the Price of Digital Tokens, Not Even Bitcoin
Britain’s Financial Conduct Authority (FCA) said Monday that creating a regulatory regime for the cryptocurrency industry will take careful thought. Britain’s finance ministry already had a public consultation as to whether some crypto-asset promotions need regulation. “There are no assets or real world cash flows underpinning the price of speculative digital tokens, even the better […]
Drama Ridden Cover Protocol and Ruler Protocol Shuts Down After Development Team Leaves Suddenly
Decentralized insurance provider Cover Protocol has announced its shut down after their development team left the project. Its sister firm, a smaller lending platform, Ruler, is also shutting down. The news sent the prices of the tokens of both the platforms crashing with COVER down more than 22% since the Cover team first announced it […]
Binance Removes SGD Trading Pairs and Payment Options for Singapore Users to Be Compliant with Local Regulations
Leading cryptocurrency exchange Binance is reviewing the products and services it offers in Singapore in order to remain compliant with local regulations. On the weekend, Binance announced that starting on Sept. 10, the exchange will no longer offer SGD trading pairs and SGD payment options to the users of Singapore. Also, it is removing the […]
DeFi Rallies Towards New Highs As Multiple Layer 1 Blockchains Amaas $50 Billion in TVL
The decentralized finance (DeFi) sector has started to go up, yet again. DeFi tokens are in the green, gradually moving up with Perpetual protocol (PERP), leading the gains up 16% in the past 24-hours. Popular DeFi coins, PancakeSwap, AMP, Thorchain, Synthetix, Bancor, Curve, Swipe, Alpha, Venus, Polkastarter, and Akropolis are also up 5% to 10%. […]
Cover Protocol is shutting down for good as developers walk away
The core contributor shared a blog post detailing that it was a difficult decision, but it was the only way forward Cover Protocol is shutting down its service amid struggles to adjust to current conditions. Detailing the closure via a blog post, the project’s core contributor DeFi Ted confirmed yesterday that the decision had been […]
XRP price analysis: positive sentiment sees XRP/USD eye $1.50
Fresh gains for BTC above $51,000 could trigger XRP’s move towards a new 4-month high XRP is trading around $1.32, close to 6% up on the day after a slight sell-off necessitated by traders taking profit across the market. But like most cryptocurrencies in the top 10 by market cap, XRP price is holding above […]
94% Financial Industry Pioneers say Digital Assets will Replace Fiat in 5-10 Years: Deloitte Report
An impressive 97% of the financial services industry (FSI) Pioneers and more than three-quarters of all respondents see blockchain and digital assets as a way to gain competitive advantage reports Deloitte 2021 Global Blockchain Survey. The survey was conducted between late March and early April 2021 as a way to gain insights into overall attitudes […]
