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The post Terra Luna Classic Staking Ratio Surges To 15% With Over 1T LUNC Staked appeared first on Coinpedia Fintech News
According to the latest data from Terra Classic Foundation, over 1.017 trillion LUNC has been staked on the network. At the current price, this Terra Luna Classic staked reserve is valued at $70.15 million. Moreover, the staking ratio has now surged to a high of 15.01%. Binance had earlier and burned 1.7 billion LUNC tokens …

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The post Bitfinex To Refund Investors in Failed Hilton Hotel Venture  appeared first on Coinpedia Fintech News
 Bitfinex Securities has said that it would refund investors of its Hilton hotel venture at El Salvador’s international airport after it failed to attract the $500,000 minimum funding needed to continue. The project only gathered $342,000 from investors before the first deadline i.e. barely 5% of the $6.25 million it was looking to raise. Bitfinex …

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The post Hong Kong’s Crypto License Promotes Inclusive Crypto Trading Unlike US’ Coinbase appeared first on Coinpedia Fintech News
Lu Tingkuang of HKbitEX has highlighted Hong Kong’s regulatory framework that stands out for its inclusivity which allows trading cryptocurrencies and security tokens under a single license. This contrasts with limited regulations in other jurisdictions like the US, where players like Coinbase can only handle cryptocurrency transactions. Hong Kong has already exhibited a commitment to …

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The post Bithumb To Launch CORE Korean Won Trading Pairs Today appeared first on Coinpedia Fintech News
Bithumb, the second largest exchange in South Korea has announced the launch of CORE Korean won trading pairs today. Deposits will open at 3:00 pm while withdrawals will be available from 5:00 pm. This could give CORE a major boost as Coinbase also listed CORE on June 22. Bitcoin holders can receive staking rewards by …

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The post MoonPay and PayPal Integration Now Includes UK and EU customers appeared first on Coinpedia Fintech News
MoonPay’s integration with Paypal has now expanded to include customers in the UK and 24 EU member states. The Clients of MoonPay can now use PayPal to buy cryptocurrencies.  MoonPay stated that its PayPal integration in the U.S. is available to 100% of users. U.S. users could buy and sell more than 110 cryptocurrencies with …

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The post Lista Launches on Binance Megadrop appeared first on Coinpedia Fintech News
Binance Megadrop will list Lista (LISTA), a protocol for staking and decentralized stablecoins. This new token launch platform aims to integrate Binance Simple Earn and the Binance Web3 Wallet, revolutionizing users’ airdrop experiences. Additionally, combining these features offers a seamless and efficient way for users to participate in token launches, enhancing their overall engagement and …

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The post Coinbase Predicts Bullish Surge for ETH Despite 2022 Underperformance appeared first on Coinpedia Fintech News
The leading CEX, Coinbase, is quite bullish on ETH’s price potential despite its underperformance in 2022. The exchange claims that ETH may surprise to the upside in the coming months and considers Ethereum to be the heart of the existing DeFi landscape, a position unlikely to change anytime soon due to the widespread adoption of …

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The post Coinbase Targets Service For Self-Managed Pension Funds: Bloomberg appeared first on Coinpedia Fintech News
Coinbase is poised to develop a service targeting Australia’s self-managed pension sector, as reported by Bloomberg. Self-managed funds in Australia have increasingly held crypto since March 2019, with nearly A$1 billion ($664 million) allocated to crypto. This trend might be driven by the anticipated US spot ETF approvals, but MD John O’Loghlen claims it is …

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The post Bitfinex CTO Dismisses Database Breach Rumors appeared first on Coinpedia Fintech News
Bitfinex Chief Technology Officer Paolo Ardoino defied rumors of its database breach. Several reports suggested a potential database leak of 22,500 records of emails and passwords from Bitfinex users. However, as per Ardoino, the breach was likely fake, and only a small percentage of the leaked information matched the exchange users. He also questioned the …

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The post Most Awaited Upcoming Crypto Exchange Listings Today  appeared first on Coinpedia Fintech News
Today, two major cryptocurrency exchanges, MEXC and Indodax, are set to list a few interesting trading pairs. MEXC, established in 2018, is renowned for its high-performance technology and has over 10 million users in more than 170 countries.  INDODAX, the largest digital asset marketplace in Indonesia, offers a wide range of coins and trading pairs …