cryptocurrency - COINBUZZFEED

In a recent lawsuit filed by the US Securities and Exchange Commission (SEC) against Binance, a prominent cryptocurrency exchange, 10 tokens have been labeled as securities. This move has significant implications for the cryptocurrency industry, as it highlights the regulatory scrutiny faced by platforms like Binance. The tokens in question include Binance Coin (BNB), Binance USD (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos Hub (ATOM), The Sandbox (SAND), Decentraland (MANA), and Algorand…

In Crypto News

Multichain Restoring Cross-Chain Services

June 5, 2023

Multichain, a prominent cross-chain routing protocol, recently made an exciting announcement regarding the resumption of its cross-chain services on several networks. This development comes after a temporary disruption caused by “force majeure” on May 24th, which had affected certain cross-chain routes. Confirmation and Milestones The news was confirmed by Bobie, a member of the Web3 knowledge graph protocol 0xScope. According to Bobie, Multichain’s cross-chain services on Zksync Era, Kava EVM, and Avax C-Chain are now…

In Memecoin

Crazy Frog: A New Cryptocurrency for the Meme-Loving Community

June 3, 2023

Crazy Frog is a new cryptocurrency that was launched on May 16th, 2023. The token, $CF, is an ERC-20 token that runs on the Ethereum blockchain. Crazy Frog is designed to be a meme-worthy cryptocurrency that can be used for a variety of purposes, including: NFTs: Crazy Frog can be used to create and purchase non-fungible tokens (NFTs). NFTs are unique digital assets that can represent anything from artwork to music to in-game items. Staking:…

In BITCOIN

Binance Plans to Implement Lightning Network for Faster, Cheaper Bitcoin Transactions

June 3, 2023

Binance, the world’s largest cryptocurrency exchange, has announced plans to implement the Lightning Network, a second-layer scaling solution for Bitcoin. The Lightning Network allows for faster and cheaper Bitcoin transactions by routing payments off the main Bitcoin blockchain. In a recent AMA, Binance CEO Changpeng Zhao (CZ) said that the exchange is working on implementing the Lightning Network and that it could be rolled out in the near future. CZ said that the Lightning Network…

In Altcoin

Litecoin Sets New All-Time High as Active Addresses Surge to 12.8 Million

June 2, 2023

Litecoin, one of the leading cryptocurrencies, is making headlines once again as its network activity reaches new all-time highs. The number of active addresses, which refers to unique addresses involved in transactions, soared to an impressive 12.8 million last month. This milestone surpasses the previous record of 9.2 million active addresses set back in October 2021. Such a surge in activity indicates a growing interest in Litecoin and showcases its relevance in the ever-evolving cryptocurrency…

In Altcoin

DeFi Tiger Token Launches to Raise Awareness for Tiger Conservation

June 2, 2023

A new cryptocurrency, DeFi Tiger Token (DTG), has launched with the goal of raising awareness for tiger conservation. The token is built on the Binance Smart Chain network and is fully deflationary. This means that as more DTG is used, the supply of tokens decreases, making each token more valuable. DTG is committed to using its platform to raise awareness about the plight of tigers. The token will donate 3% of every transaction to various…