The Luna Foundation Guard, a non-profit mandated to build reserves for Terra’s algorithmic stablecoin UST, has bought $1.5 billion worth of the flagship cryptocurrency Bitcoin ($BTC) to add to its reserve, which is now above $3.21 billion. As CNBC reports, the transaction brings the Luna Foundation Guard closer to its goal […]

Nearly $6.3 billion worth of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), has been burned since the implementation of Ethereum Improvement Proposal (EIP) 1559 via the London hard fork on August 5. According to data from tracking website Watch the Burn, a total of 2.274 million ether worth $6.27 billion […]

The team behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) has announced users can now buy land within the project’s metaverse with its native SHIB token. The move came after users requested the feature. According to a tweet shared by the project’s official account, SHIB: The Metaverse, users can now mint […]

A panel of cryptocurrency industry experts has predicted the price of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), could jot $5,780 by the end of the year, and surge to $11,760 by 2025. The figures come from a panel of experts Finder surveyed that gave predictions on the future […]

Welly, the world’s first restaurant using the meme-inspired cryptocurrency Shiba Inu ($SHIB) as a theme, has announced it’s granting the Shiba Inu community a full 15% ownership of its company, on top of planned token burning commitments. In an announcement made on social media, Welly revealed that the 15% ownership […]

Early Bitcoin ($BTC) adopter and promoter Roger Ver, who for his work to help the early cryptocurrency community grow was at the time nicknamed “Bitcoin Jesus,” has recently defended the meme-inspired cryptocurrency Dogecoin ($DOGE) is “significantly better” than BTC itself. According to Bloomberg Ver, who is also the founder of […]

Welly, the world’s first restaurant using the meme-inspired cryptocurrency Shiba Inu ($SHIB) as a theme, has confirmed it will use a share of its profits, along with specific percentages of revenue from franchise fees, to burn SHIB. In a tweet on the cryptocurrency’s utility, Welly confirmed it will burn SHIB […]

Dogecoin ($DOGE) short-sellers have seen over $20 million in liquidations over the last day after the price of the meme-inspired cryptocurrency rallied in light of Twitter accepting Elon Musk’s buyout bid. According to data from CoinGlass, first reported by Benzinga, well over 130 million DOGE were liquidated in 24 hours, […]

Mortgages backed with Bitcoin (and a few other cryptoassets) as collateral are becoming more readily available (at least in the U.S.) as new startups race to offer novel solutions for homebuyers.  According to a report by Barron’s, FinTech startup Milo began offering 30-year mortgages backed with cryptoassets in March. Milo […]