Entries by Avinandan Banerjee

Kraken’s NFT marketplace will soon issue loans

Hailing from the United States as a top-tier cryptocurrency exchange portal, Kraken is all set to sail on the NFT cruise by launching a fully-dedicated NFT marketplace that will issue loans to investors. The announcement was made by Kraken founder and CEO Jesse Powell during an interview session with Bloomberg News. With Non-Fungible Tokens emerging…

Terra’s UST Stablecoin surpasses $10B Market Cap

  Working as a powerful decentralized platform offering high-class trading services to users, Terra has announced that its UST stablecoin has reached $10B worth in market capitalization. This celebratory news can be seen as the second phase of the success streak maintained by the UST stablecoin ecosystem. The first striking achievement was recorded when UST…

Binance gets approval from Bahrain and Canada

Leading cryptocurrency exchange Binance has successfully added yet another striking glory to its star-studded 2021 achievement list. The globally-acclaimed trading platform has earned an in-principle license approval from the Central Bank of Bahrain and Canadian regulators for offering crypto trading services to investors. With this, Binance will be offering access to its world-class trading experience…

Dogecoin Foundation meets Ethereum co-founder for DOGE staking

  The Dogecoin Foundation, an NPO supporting the most-talked-about cryptocurrency of 2021 Dogecoin (DOGE) has teamed with Vitalik Buterin, the co-founder of the Ethereum blockchain ecosystem. The strategic collaboration involves working on a staking mechanism for DOGE coin that will help the latter to strengthen its position in the crypto industry. The news was mentioned…

President Erdoğan confirms crypto law is ready for parliament

  With crypto gaining global popularity, governments from across the world are striving to work out a fully-dedicated crypto law to maintain financial stability. Following the trend, Turkey has also successfully completed the draft of its highly-anticipated Crypto Law. The crucial information was conveyed by Recep Tayyip Erdoğan, the honorable President of Turkey, who revealed…

Top Bitcoin Mining Software trends to expect in 2022

In bitcoin mining, transactions are digitally validated in the bitcoin network and added to the blockchain log. It is accomplished by deciphering complicated cryptographic hash puzzles to confirm updated transactions on the decentralized blockchain log. Solving these hash puzzles requires mighty computing power and updated tools. In return, miners are awarded with bitcoin, which is…