Author: jose

SHIB has gained a lot of attention and popularity in the crypto space, especially after some influential figures such as Elon Musk and Vitalik Buterin tweeted about it. SHIB also has a loyal and active community of supporters, who call themselves the “Shib Army”. The coin has a total supply of 1 quadrillion tokens, half of which were sent to Buterin’s wallet as a gesture of trust.

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Venus Protocol is a decentralized lending platform that operates on the BNB Chain, allowing users to borrow and lend various cryptocurrencies and earn interest on their deposits. However, the protocol has recently faced a serious threat of liquidation due to a large BNB position that was obtained by a hacker last year.

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Crypto.com, one of the leading cryptocurrency platforms, has announced that it has temporarily suspended its US institutional exchange service due to regulatory uncertainty. The move comes amid a wave of crackdowns and lawsuits against crypto exchanges by US authorities, who have accused some of them of violating securities laws and facilitating money laundering.

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Binance, one of the world’s largest cryptocurrency exchanges, is facing a new wave of regulatory challenges as banks cut off fiat on-ramps for its US dollar deposits. The move comes amid a lawsuit filed by the US Securities and Exchange Commission (SEC) against Binance and its CEO Changpeng Zhao for allegedly violating securities laws.

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Circle, the company behind the popular USD Coin (USDC) stablecoin, has announced that it has added support for USDC on Arbitrum, a layer 2 scaling solution for Ethereum. This means that users can now transfer and use USDC on Arbitrum with lower fees and faster transactions than on the main Ethereum network.

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Terra Classic, one of the most infamous blockchains in the crypto space, has successfully completed its biggest upgrade ever. The v2.1.0 Parity upgrade, proposed by the core developer group Joint L1 Task Force (L1TF), was passed with unanimous support from the community and will be implemented on June 14.

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Enjin, a leading platform for creating and managing nonfungible tokens (NFTs), has recently announced a major upgrade to its infrastructure. The platform has transitioned to a new mainnet called Enjin Blockchain, which aims to further the adoption of Web3 technologies and enable anyone to create and distribute NFTs easily and affordably.

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