Ikemefula Aruogu
USDC Remains the Primary Reserve on MakerDAO After Voting Process
The MakerDAO community voted in favor of USDC stablecoin as a primary reserve. Over 79% of MakerDAO’s community voted to maintain USDC as the primary…
LUNC Targets $1 With Terra Classic Community Token Burn Proposal
A member has proposed burning the entire tokens in Terra Classic’s Oracle Pool. The proposal launched with an initial deposit of 255,415 Terra Classic (LUNC).…
Crypto Tax Payment Kicks Off in India for NRIs Amid Unclarity
Indian Financial Act to charge a 30% tax on Virtual Digital Assets (VDAs) transfers. The new law will reflect in the crypto assets assessment beginning…
USDC and USDT Sustain Tight Stablecoin Dominance Contest
Cryptoquant data reveals a tight dominance contest between USDC and USDT. The market capitalization share of USDC is 43.78%, while that of USDT is 44.60%.…
Judge Glenn Approves 72.5% Settlement on Celsius Custody Accounts
Bankruptcy judge approves 72.5% settlement for Celsius custody account holders. Customers accepting the condition will receive payment in two tranches of 36.25% each. Accepting the…
Trader Identifies FUD in the Crypto Market Ahead of FOMC Meeting
Michael van de Poppe notes contradicting behavior between Bitcoin and altcoins. Altcoins are “bleeding”, while Bitcoin is consolidating around the highs. Michael advised followers to…
Here are the CoinmarketCap Top 5 Metaverse Tokens of the Week
Metaverse tokens have formed a significant sector in the cryptocurrency ecosystem. Most of the emerging projects are imbibing metaverse capabilities. STX, ICP, APE, MANA, and…
Crypto Law Founder Faults the DoJ for Continued Prosecution of Ripple
John Deaton criticized the DoJ for seeking to prosecute Ripple despite an existing Judge’s order. Deaton compares the act to the government’s centralized CBDC program.…
Justin Sun Declares Interest to Acquire Embattled Credit Suisse
Justin Sun publicly bids $1.5B for the Switzerland-based investment bank, Credit Suisse. Sun’s bid comes after a bid by UBS, a Switzerland-based multinational, fell short.…
