Day: December 3, 2021

Charlie Munger Praises China for Banning Crypto

Charlie Munger, Vice Chairman of Berkshire Hathaway and long-term partner of Warren Buffet, has reiterated his hardened stance against cryptocurrencies. Charlie Munger Wishes Cryptocurrencies Didn’t Exist Charlie Munger has said he wishes cryptocurrencies didn’t exist and praised China for banning them. Speaking at the Sohn Hearts & Minds 2021 Investment Leaders Conference Friday, the Berkshire

Dogecoin Killer Shiba Inu Has Become Mainstream, Says Mark Zuckerberg's Sister

Randi Zuckerberg, a sister of Meta CEO Mark Zuckerberg, has recorded a short explainer about canine meme coins, which has been published on her official YouTube channel. In her video, she weighed in on the surprising success of “Dogecoin killer” Shiba Inu, claiming that the token has gone mainstream. Despite the rivalry between Dogecoin and

Moralis Welcomes #1 Coinbase Engineer Craig Hammel as a Senior Tech Advisor

Decentralized application platform Moralis welcomes Craig Hammel to its team as a senior technical advisor. Attracting Craig Hammel, the first engineering hire of Coinbase will bring his expertise to the Moralis project and enhance the project’s capacity to scale and encompass more blockchains. Hammel will help brink Moralis’ tools to mobile devices and gaming engines,

Terra (LUNA) Pushes Dogecoin (DOGE) Out of Top 10

Terra (LUNA) has kicked Dogecoin (DOGE) out of the top 10 on CoinMarketCap, the leading cryptocurrency ranking site. Image by coinmarketcap.com This comes just a day after it had trumped Shiba Inu, another meme coin sensation. The staking and governance token of the Terra protocol has been a massive outperformer over the past week, soaring

Optimism Fork Metis Launches Incentivized DAC Staking Program

Metis, a scalability solution based on rollups technology, shares the details of its first-ever incentivized staking program since the platform’s mainnet rollout. Metis starts DAC incentivized staking campaign: details According to the official announcement shared by Metis’ team, its new staking program, DAC staking, went live on Nov. 26, 2021. Metis DAC is an experiment

BTC, SHIB, SOL, LUNA and AVAX Price Analysis for December 3

While Bitcoin (BTC) keeps trading sideways, some coins are rising, while others have already entered the red zone. Top coins by CoinMarketCap BTC/USD Yesterday, the Bitcoin (BTC) price did not fall below $55,600. The pair was consolidating in a sideways range, the upper border of which was the two-hour EMA55. In the afternoon, buyers managed

Nobody Knows Who Operated This Illegal Crypto Mining Farm in Ukraine

Ukrainian law enforcement has uncovered an illegal mining farm located in the Kyiv region that has stolen an estimated 3.5 million hryvnias (roughly $128,000), according to a statement issued by the prosecutor’s office. While the equipment has been confiscated, authorities have not managed to find out who was responsible for setting up the operation. Image

Asia's Richest Man Is Bullish on Blockchain

Indian billionaire Mukesh Ambani, whose net worth is estimated at $92.6 billion, spoke favorably about blockchain, the technology that underpins most cryptocurrencies, at the Infinity Forum earlier today, according to local media reports. Ambani noted that there is a significant difference between blockchain and crypto, adding that the former offers a slew of promising use

Terra Surpasses Shiba Inu by Market Cap, Scary Pattern Could Send BTC Below $10,000, ADA Spikes 15%: Crypto News Digest by U.Today

U.Today presents the top five news stories over the past day. Stay updated on recent crypto events! Terra surpasses Shiba Inu after hitting new ATH According to CoinMarketCap, yesterday, Terra’s native staking token, LUNA, managed to reach a new ATH of $64.87. This price surge has led to LUNA’s market cap surpassing $25 billion, making

$100 Million Worth of XRP Moved By Whales Amid 3% Correction

XRP whale activity increases as the coin loses a small part of its previously gained value. Two transactions, both worth approximately $50 million, appeared on the Ripple blockchain. First transaction The first on-chain transaction noticed was made either between Bithumb wallets or directly inside of its platform. The large sum was moved between two hot

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