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Tether Reveals 17% Reduction in Commercial Paper Reserve in Q1 2022
Tether announced that it had lowered the amount of commercial paper during the first quarter of this year to strengthen the quality of its reserves. Tether’s Assurance Amid Stablecoin Crash Tether, the issuer of the USDT stablecoin, reported a reduction…
Avalanche (AVAX) Plummets as the Wider Crypto Market Displays Fear
Avalanche (AVAX) has fallen below the bearish pennant pattern as the Fed issues keep tumbling the crypto market. AVAX has dropped to around $30, a 6% decrease over 24 hours and its lowest level since last week. AVAX is Showing…
Terra Crisis: Korean Politician Urges Authorities to Summon Do Kwon for a Hearing
South Korean politician, Yun Chang-Yun has called for a parliamentary hearing on Terra in a bid to find out the real cause of the sudden collapse of both the TerraUSD (UST) stablecoin and the LUNA token from CEO Do Kwon.…
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Coinbase Rolls Out Support for Ethereum-based dApps Access to Some Users
In a blog post on Monday, Coinbase Global said it would allow a small group of its users to access Ethereum-powered decentralized applications (dApps) through its app. Coinbase’s Support for DeFi and NFTs Coinbase’s new addition will enable users to…
Polkadot Finally Launches Cross-Consensus Messaging for Full-Interoperability
Polkadot has launched its messaging system, which will leverage a Cross-Consensus Messaging format (XCM). With this system, all Polkadot-based blockchains can directly communicate, making it the first time to do so, including the transfer of NFTs freely. Through the announcement,…
Balancer AMM- What Is It, and How Does It Work?
Balancer is an automated market maker (AMM), portfolio manager, and trading platform that runs on the Ethereum network. It is also a decentralized exchange (DEX) that utilizes smart contracts to offer its services, including passive earning methods. The exchange operates…
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AscendEX and ECOMI Launch OMI Stake and Earn Competition
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The TRON Grand Hackathon 2022 Returns for Season 2
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Hockey Bets Are on Fire – Take Part in a...
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These Trading Strategies of Top Traders May Help You from...
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Ethereum Climbs Back Above $2K, Bulls Hopeful of a Rally to $4K
This week’s whirlwind price swings continued in the crypto markets on Friday. Bitcoin, which had dropped to $27,000, rose to around $30,000. On the other hand, Ethereum, which had dropped to around $2,000, is now above this level. Ethereum is…
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