Edelcoin (EDLC) is a novel stablecoin token backed by a basket of pre-existing precious and base metals. This hybrid token is designed as a Swiss-compliant digital means of payment for goods and services, with its basket structured to be less volatile than single asset-backed tokens. ProBit Global is excited to announce that Edelcoin will be […]
The US Court of Appeals has unanimously ruled that the US Securities and Exchange Commission (SEC) has violated the Administrative Procedure Act (APA) by denying Grayscale Investment’s request to transform its Bitcoin Investment Trust (GBTC) into a Bitcoin Exchange Traded Fund (ETF). This is a major victory for the crypto industry, and markets have reacted […]
The decentralized exchange Uniswap recently won a class action lawsuit in the Southern District of New York. The lawsuit sought to hold Uniswap, Paradigm, and other related parties responsible for losses incurred by users due to scams and Ponzi schemes. Judge Katherine Polk Failla ruled that there was insufficient evidence to prove that Uniswap developers […]
The Terra Luna Classic (LUNC) developer L1 Terra Classic Task Force (L1TF) has completed the preparation for the mainnet launch of the v2.2.0 core upgrade. The upgrade is expected to be launched in September and will bring a total improvement in the Terra Classic infrastructure. It will also update the Cosmos SDK to SDK 46 […]
Crypto exchange giant Binance has announced that it will stop supporting BUSD by 2024. The firm has asked users to convert their BUSD to FDUSD, a stablecoin recently listed on the Binance platform. Binance will delist BUSD spot and margin trading pairs, and is offering zero fees for users to trade BUSD assets for FDUSD. […]
Interlay, a leader in decentralized Bitcoin infrastructure, has released the MVP of BOB (“Build on Bitcoin”) – a new Bitcoin layer 2 network. It features Rust smart contracts compatible with Bitcoin libraries such as Lightning and Ordinals, as well as full support of the Ethereum Virtual Machine. The first MVP of BOB includes a demo […]
Bitlink, a revolutionary cryptocurrency exchange, is proud to announce its global synchronized beta testing. Combining traditional centralized exchange mechanisms with innovative Web3 features, Bitlink is at the forefront of the crypto landscape. The platform’s Web3-integrated ecosystem allows users to mine and trade Non-Fungible Tokens (NFTs) and earn rewards through node mining. Bitlink is committed to […]
Everlodge (ELDG) is an innovative project that is tokenizing real-world assets using NFTs. It is tapping into the real estate market to make any property accessible to people of all budgets. Investors can buy a fraction of a property for as little as $100, and still retain all the benefits such as rental income and […]
A cryptocurrency whale has recently reported massive losses due to poor timing of long positions on perpetual contracts. According to Lookonchain, the whale was liquidated when Ethereum dropped from over $1.86k to below $1.7k, resulting in a loss of $3.8 million. Another long position was tracked 13 days ago, when Ethereum was seemingly increasing in […]
Polygon Labs has unveiled ambitious plans to upgrade the MATIC token to the third-generation POL token, introducing a new staking concept that enables secure validation of multiple chains without added risks. This transition will be enacted with a straightforward 1:1 ratio, ensuring that existing MATIC holders glide effortlessly into the realm of the freshly introduced […]
