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- Terra (LUNA) Foundation Send Over $2 Billion Bitcoin to Gemini and Binance. What Next?Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 13 hours agoThe post Terra (LUNA) Foundation Send Over $2 Billion Bitcoin to Gemini and Binance. What Next? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide As the cryptocurrency industry continues to be shaken by the Terra blockchain’s failure and the price crash of its native token, LUNA,…
- Will Ethereum (ETH) Price Surge 33% In the Coming Week Or Drop Below $1000? What’s Next?Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 15 hours agoThe post Will Ethereum (ETH) Price Surge 33% In the Coming Week Or Drop Below $1000? What’s Next? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Early on May 15, the global crypto market cap remained unchanged at $1.28 trillion. This week, the price of Bitcoin,…
- Shiba-Inu Unlocks a New Milestones, SHIB Price Still Trapped By The BearsCoinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 18 hours agoThe post Shiba-Inu Unlocks a New Milestones, SHIB Price Still Trapped By The Bears appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Shiba Inu price research analysis shows that the altcoin is still in a downturn, as Shib-bulls struggle to build the necessary momentum for a…
- Bitcoin And Ethereum Price To Hit This Lowest Level In Coming Week!Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 20 hours agoThe post Bitcoin And Ethereum Price To Hit This Lowest Level In Coming Week! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Following the collapse of TerraUSD and the most tumultuous week for Bitcoin trading in at least two years, cryptocurrencies trended lower on Saturday. By…
- BTC/USD Still In Danger! Bitcoin Price Is Heading Towards This LevelCoinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 21 hours agoThe post BTC/USD Still In Danger! Bitcoin Price Is Heading Towards This Level appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide It appears that the Bitcoin bears are actively regaining power, as BTC/USD is set to suffer new losses. At $28,564, the first digital asset may…
- Cardano To Drop Heavily In Coming Week, ADA Price May Plunge Below $0.3 If Bears Hold Strong PositionCoinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 23 hours agoThe post Cardano To Drop Heavily In Coming Week, ADA Price May Plunge Below $0.3 If Bears Hold Strong Position appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Bitcoin was unable to rise after a few weeks of consolidation and eventually broke to the downside. As…
- Stablecoin Crash :This is Why USDC is Unaffected With The Panic Sell-Off?Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 23 hours agoThe post Stablecoin Crash :This is Why USDC is Unaffected With The Panic Sell-Off? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide This week, the crypto market touched rock bottom as the drop in Bitcoin, altcoins and stablecoins soured investor sentiment. In at least two years,…
- Ripple Has Upper Hand on the SEC! Investors Still Unimpressed?Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 23 hours agoThe post Ripple Has Upper Hand on the SEC! Investors Still Unimpressed? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The value of the bitcoin market has dropped significantly this week. As new lows in price levels were tested, Bitcoin and numerous altcoins saw daily losses.…
- What’s the Fuss About CakeDeFi’s Borrow offering? And how can people use it?Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 1 day agoThe post What’s the Fuss About CakeDeFi’s Borrow offering? And how can people use it? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Decentralized finance is a very appealing way to explore the cryptocurrency industry. Users can put their assets to work and reap the rewards…
- This May be the Best Time To Accumulate Altcoins But AltSeason May be DeferredCoinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 1 day agoThe post This May be the Best Time To Accumulate Altcoins But AltSeason May be Deferred appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The altcoins in the recent past have manifested extreme bearish conditions due to the volatility within the crypto space. If the star…
- How the Metaverse could impact the lives of kidsCointelegraph.com News - 12 hours agoThe effects of social media on the mental health of kids and teens have been bad enough — will the Metaverse be a safe place for them? How to protect kids and teens in the MetaverseProtecting young individuals is a shared responsibility. Therefore, parents must closely monitor their children’s activities…
- 6 Questions for Dominik Schiener of the Iota FoundationCointelegraph.com News - 15 hours agoWe ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of…
- Ethereum in danger of 25% crash as ETH price forms classic bearish technical patternCointelegraph.com News - 15 hours agoETH’s price risks declining further despite rebounding over 20% in the last three days. Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure.ETH price to $1,500?ETH’s price has been consolidating since May 11 inside a range defined…
- Welcome to Mars: I own everything, have total privacy and life has never been betterCointelegraph.com News - 15 hours agoWhile people on Earth are still expecting decentralized tech mass adoption, for people on Mars decentralization is the only way to organize their, well, everything. This is a parody of the article published by the World Economic Forum titled “Welcome to 2030. I Own Nothing, Have No Privacy And Life…
- Binance CEO CZ to support Terra community but expects more transparencyCointelegraph.com News - 17 hours agoPointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.” Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving LUNA and UST ecosystems. Following up on the…
- The meaningful shift from Bitcoin maximalism to Bitcoin realismCointelegraph.com News - 18 hours agoSigns pointing to Bitcoin’s steady maturity and growth in the crypto space and beyond are undeniable, making a case for the cryptocurrency being the ultimate digital reserve asset. There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or…
- $1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focusCointelegraph.com News - 19 hours agoThe dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether’s exposure to the U.S. credit system. The cryptocurrency market has lost $1.9 trillion six months after it soared to a record high. Interestingly, these losses are bigger than those witnessed during the 2007’s subprime mortgage…
- NFT visionaries are doubling down on community ethos amid a bearish cycleCointelegraph.com News - 21 hours agoTime magazine, Rarible and Aleksandra Artamonovskaja share insights into the values and visions that leading NFT projects and figureheads seek to uphold as the market enters a financial downturn. The fever-pitch euphoria of nonfungible tokens (NFT) reached its proverbial all-time highs in the hours preceding the calamitous gas wars of…
- UK Court recognizes NFTs as ‘private property’ — What now?Cointelegraph.com News - 21 hours agoNot all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud. At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog to the United States Supreme…
- Terra (LUNA) trading volume surge 200% as market adjusts to death spiralCointelegraph.com News - 22 hours agoDespite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14. It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May…
- Accessibility is the main barrier to crypto adoption — Here are the solutionsCointelegraph.com News - 23 hours agoCryptocurrency accessibility is inhibited by a lack of financial and crypto literacy created in part by the wealth gap, technostress and overuse of jargon. Accessibility is a pain point for cryptocurrency adoption that has been discussed for years, yet still, it is pertinent as ever. This issue was most recently…
- DAOs, DEXs and whales? How Web3 organizations became the new crypto beastsCointelegraph.com News - 1 day agoThe upcoming whale migration is heading to cold DAO-infested waters. What can the industry do to accommodate the growing needs of this new breed of crypto investors? Web3 has brought a lot of excitement into the industry, as evidenced by the nearly $50 billion market capitalization Web3 tokens have grown…
- NFT scams: How to avoid becoming a victimCointelegraph.com News - 1 day agoWhat are the most common NFT scams and how can you avoid them? Are the non-fungible tokens still worth the shot? Are NFTs worth it?NFTs are suitable as an investment. If you count your steps and take your safety measures, it’s a whole new world to explore. We’re in the middle…
- Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock and crypto trader receives jail sentence for Ponzi scheme: Hodler’s Digest, May 8-14Cointelegraph.com News - 1 day agoComing every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekBreaking: Terra blockchain officially halted following LUNA price…
- Will the Ethereum 2.0 update reduce high gas fees?Cointelegraph.com News - 1 day agoEthereum’s gas fees have long been an issue among its users. Will Ethereum 2.0 finally eliminate this problem? Ethereum’s high gas fee and its impact on the platform’s scalabilityPurpose of Ethereum 2.0The primary goal of the Ethereum 2.0 update is to improve scalability so that the network can handle more…
- DeFi attacks are on the rise — Will the industry be able to stem the tide?Cointelegraph.com News - 1 day agoDozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating. The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control.According to the…
- DeFi transforming lending routes on the blockchainCointelegraph.com News - 1 day agoDecentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector. The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the…
- Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40xCointelegraph.com News - 1 day agoOn May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA. Crypto.com was one of the few crypto exchanges to keep Terra (LUNA) trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin TerraUSD (UST).…
- Bitcoin stays under $30K as LUNA gains 600% during ‘insane volatility’Cointelegraph.com News - 1 day agoTraders’ risk appetite seems untainted as speculation around LUNA runs wild once again. Bitcoin (BTC) failed to reclaim $30,000 into May 14 as traders looked forward to a relatively stable weekend.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitfinex longs gather strengthData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it…
- On-chain privacy is key to the wider mass adoption of cryptoCointelegraph.com News - 1 day agoBlockchain transactions need privacy to catalyze mass adoption. On-chain privacy is coming, and that’s good for businesses and investors. Innovations in the crypto space appear daily. Whether through decentralized applications or new ways to implement and use nonfungible tokens (NFTs) within decentralized finance, blockchain technology is innovating at the speed…
- Bitcoin network fortifies as mining difficulty records ATH of 31.251TCointelegraph.com News - 1 day agoBTC’s latest network difficulty all-time high makes it nearly impossible for bad actors to represent over 50% of the hash rate. Further distancing itself from any concerns of planned attacks on the blockchain, the Bitcoin network established a new mining difficulty all-time high of 31.251 trillion — exceeding the 30-trillion mark…
- Polkadot vs. Ethereum: Two equal chances to dominate the Web3 worldCointelegraph.com News - 1 day agoExamine how Polkadot’s ecosystem and Substrate platform can be compared to Ethereum’s upcoming upgrade as the race toward Web3 gathers momentum. For most casual digital asset investors, the Ethereum 2.0 upgrade promises to be a game-changing event that will improve efficiency, reduce network costs and propel the entire blockchain and…
- Etherscan, CoinGecko warn against ongoing MetaMask phishing attacksCointelegraph.com News - 1 day agoWhile investigations are underway, the ongoing attack on various crypto platforms may be connected to the compromise of Coinzilla, an advertising and marketing agency. Popular crypto analytics platforms Etherscan and CoinGecko have parallelly issued an alert against an ongoing phishing attack on their platforms. The firms began investigating the attack…
- Metaverse-as-a-service will be the basis of the next internet era of Web3Cointelegraph.com News - 2 days agoThe success and mass adoption of the Metaverse relies on the ability of users to build their own. In other words, utilizing metaverse-as-a-service technology. The concept of the Metaverse has been around since the 1980s, but it has only been in recent years that we’ve seen hundreds of projects popping…
- Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’Cointelegraph.com News - 2 days agoDaily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries. Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin’s sell-off TerraUSD (UST) collapse and multiple stablecoins losing their dollar peg…
- Crypto Biz: Luna’s meltdown will live on in infamy, May 5–11, 2022Cointelegraph.com News - 2 days agoThe cryptocurrency market has seen a lot of dark days in its history, but few compare to the events of the past week. Terra’s meltdown forced cryptocurrency investors to ask a question they never thought was possible: Will TerraUSD (UST) or Terra (LUNA) reach $1.00 first? The magnitude of this…
- Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver liningCointelegraph.com News - 2 days agoBTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears. This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net loss and South Korea announced…
- CFTC commissioner appoints senior policy adviser experienced in digital asset regulationCointelegraph.com News - 2 days agoKeaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. Caroline Pham, currently serving as a commissioner at the United States Commodity Futures Trading Commission, or CFTC, has announced a former head…
- Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomedCointelegraph.com News - 2 days agoBTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar and other factors. It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin…
- Crypto donations fund ATVs and gas masks for Ukrainian militaryCointelegraph.com News - 2 days agoUkraine’s ministry of digital transformation has utilized cryptocurrency and nonfungible tokens, even CryptoPunks, in an effort to fund its military and humanitarian aid. Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia.In…
- Top Crypto Analyst Predicts Strong Bitcoin Bounce, Says BTC Rally Will Run Beyond ExpectationsThe Daily Hodl - 6 hours agoA closely followed crypto strategist and trader is predicting a big Bitcoin (BTC) rally that he believes will surpass expectations. Analyst Justin Bennett tells his 100,900 Twitter followers that Bitcoin has likely printed a temporary bottom after managing to reclaim a key support level. “There’s a good chance crypto has…
- Analyst Who Called 2021 Bitcoin Collapse Predicts BTC Bottom – Here’s WhenThe Daily Hodl - 8 hours agoThe crypto analyst who called the May 2021 Bitcoin collapse and the double top pattern at $69,000 says that the bottom is nearly in for BTC. The pseudonymous analyst known as Dave the Wave tells his 99,000 Twitter followers that he foresees Bitcoin trading near the 48-month moving average, a…
- Top Crypto Analyst Predicts Bitcoin (BTC) Rally, Says Momentum Now Swinging in Favor of BullsThe Daily Hodl - 9 hours agoA closely tracked crypto strategist and trader says that a Bitcoin rally is now in sight as he believes momentum is swinging to the side of BTC bulls. Pseudonymous crypto analyst Pentoshi tells his 546,900 Twitter followers that bears are exerting a lot of effort to push the price of…
- Crypto Winter? Celsius CEO Alex Mashinsky Says Inflation Numbers Could Decide Next Direction for MarketsThe Daily Hodl - 11 hours agoThe CEO of crypto lending platform Celsius Network says that inflation data could very well dictate the direction of the digital asset market. In a new interview with InvestAnswers, Alex Mashinsky says that the current correction which has shaved off hundreds of billions of dollars from the market is a…
- Binance CEO Breaks Silence, Says Terra (LUNA) Should Have Handled the Collapse DifferentlyThe Daily Hodl - 14 hours agoBinance CEO Changpeng Zhao says he’s unhappy with the way Terra handled the collapse of its native crypto asset LUNA and its stablecoin TerraUSD (UST). In a lengthy thread, Zhao tells his six million Twitter followers that Binance reached out to the people behind Terra and made suggestions on how…
- Here’s How Ethereum Rival Algorand (ALGO) Can Definitively Break All-Time Highs, According to Coin BureauThe Daily Hodl - 16 hours agoA widely followed crypto analyst is unveiling what he thinks can push Ethereum challenger Algorand (ALGO) to a fresh all-time high. In a new video, the host of popular YouTube crypto channel Coin Bureau tells his 2.04 million subscribers that smart contract platform Algorand is currently facing a number of…
- Coinbase Sued by Customers Who Lost ‘Untold Millions’ to Little-Known Crypto Project: ReportThe Daily Hodl - 19 hours agoTop US crypto exchange Coinbase is reportedly being hit with a lawsuit for providing trading for GYEN, a coin meant to act as a stablecoin pegged to the Japanese yen. According to a complaint seen by Bloomberg, Coinbase is being accused of misleading customers into believing that GYEN was equal…
- Top Crypto Strategist Says Ethereum Will Underperform Bitcoin Before Staging Big Comeback – Here’s His TimelineThe Daily Hodl - 21 hours agoA widely followed crypto analyst and trader says he expects leading smart contract platform Ethereum (ETH) to be a step behind Bitcoin (BTC) in the coming months before igniting a huge comeback. Pseudonymous analyst Credible tells his 331,300 Twitter followers that he’s keeping an eye on the chart of Ethereum…
- Top Crypto Analyst Predicts Massive Price Dive for Cardano, Says One Solana-Based Altcoin Will ‘Go Down to the Basement’The Daily Hodl - 1 day agoA widely followed crypto trader is predicting further corrective moves smart contract platform Cardano (ADA) and one of this year’s trending altcoins. Pseudonymous crypto analyst Capo tells his 307,500 Twitter followers ADA is poised for another leg down before it completes its five-wave downtrend, based on the Elliott Wave theory.…
- Bitcoin and Ethereum Will Outperform Stocks As Risk Asset Prices Crash, Says Bloomberg Strategist – Here’s WhyThe Daily Hodl - 1 day agoBloomberg Intelligence analyst Mike McGlone says it’s the top two cryptocurrencies by market cap that will lead to the most gains after the recent price dip that affected all asset classes. In a new interview with Yahoo Finance, McGlone pinpoints the Federal Reserve’s interest rate hikes as being more detrimental…
- Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTCBitcoin News - 2 hours agoFamed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency. Bill Miller Shares His Bitcoin Outlook Famed value investor Bill…
- Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’Bitcoin News - 4 hours agoGoldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s…
- Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDDBitcoin News - 6 hours agoSeven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In…
- Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and GeminiBitcoin News - 8 hours agoAfter the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend UST’s $1 parity. On Friday, the blockchain intelligence and analytics firm, Elliptic, published a blog post that summarizes…
- Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market MeltdownBitcoin News - 10 hours agoAmid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities of processing power toward the second-largest crypto network…
- Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan CrackdownBitcoin News - 12 hours agoLaw enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities. Cryptocurrency Miners in Dagestan Accused of ‘Illegal Entrepreneurship’ Officers…
- Trust in Decentralized Finance Rattled After $100 Billion Left the Defi EconomyBitcoin News - 14 hours agoThe effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days.…
- Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in ReviewBitcoin News - 16 hours agoWith the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear for BCT, the past week has been full of shock, questions,…
- Top Video Game Artists Adopt NFTs to Help Ukraine, Collection to Release on Official MetaHistory MuseumBitcoin News - 17 hours agoSince the outbroke of the Russian-Ukrainian war, many celebrities, social activities, and visual artists joined the league of supporting Ukraine by cryptocurrency and NFT artworks. And the trend just doesn’t stop. Now, a group of top-notch artists bring the support and devotion to a brand-new level with long-lasting impact –…
- Report: Central African Banking Regulator Says Crypto Ban Still EffectiveBitcoin News - 19 hours agoAn African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set Up System to Identify Crypto…
- Vitalik and CZ Have Some Thoughts on Terra’s DemiseDecrypt - 8 hours agoThe Ethereum founder and Binance CEO separately took to Twitter this weekend to critique Terra—and the very premise of the UST token itself.
- This Week on Crypto Twitter: Do Kwon Takes Heat for UST FailureDecrypt - 10 hours agoTwitter was chaos this week as Terra’s two leading projects collapsed in unison.
- What Happened to Terra’s Bitcoin Reserve as UST and LUNA CrashedDecrypt - 11 hours agoNew analysis reveals the fate of billions in Bitcoin that the Luna Foundation Guard said it deployed to protect UST.
- Bitcoin Breaches $30K as Ethereum, Cardano, Solana Join Weekend RallyDecrypt - 13 hours agoLast week, Bitcoin fell to $26,350, the lowest since December 2020.
- How Metaplex Is Solving Solana’s Network-Crashing NFT Botting ProblemDecrypt - 17 hours agoAfter the recent downtime, Solana’s NFT protocol developers go on the offense against transaction-spamming bots.
- This Week in Coins: Virtually Every Top 100 Cryptocurrency Sinks as LUNA Scrapes BottomDecrypt - 1 day agoMost major coins declined for the sixth straight week as Terra’s LUNA went from $118 to zero in roughly a month.
- How Terra's UST and LUNA ImplodedDecrypt - 1 day agoEven as the entire crypto market tanked, the biggest story was the dual implosion of Terra’s UST and LUNA. Here’s what happened.
- Kraken CEO on Why the Bitcoin Exchange Left San Francisco: City Has ‘Deteriorated’Decrypt - 1 day agoIn April, Jesse Powell shut down Kraken’s San Francisco HQ. On the new gm podcast, he talked more about why—and lampooned the city’s progressive D.A.
- How Brands Are Creating Immersive Experiences in the MetaverseDecrypt - 1 day agoIn Episode 10 of the Navigating the Metaverse podcast, hosted by Cathy Hackl and Tommaso di Bartolo, Andrew Hayward of Decrypt and Josh Roth of Decrypt Studios discuss how companies are approaching the metaverse, where it could all go next, and what it was like to watch a movie in…
- 7 Big Moments From Bitcoin and Crypto's Craziest Week EverDecrypt - 1 day agoWhat the hell just happened? Here’s a rapid-fire look at the biggest moments that defined the craziest week in crypto history.
- Do Kwon Says He's 'Heartbroken' Over Terra DemiseDecrypt - 2 days agoTerra co-creator Do Kwon insisted that he didn’t profit over the collapse of the network’s LUNA cryptocurrency and UST stablecoin.
- Lido Warns Leveraged Traders at Risk of Liquidation as 'Staked Ethereum' Loses PegDecrypt - 2 days agoA surge in staked Ethereum (stETH) redemptions has caused it to lose its 1:1 peg with Ethereum.
- Justin Sun Promotes High-Yield, Terra-Inspired Stablecoin on TronDecrypt - 2 days agoA TRON lending protocol is offering 30% interest rates for holding USDD stablecoin. What could possibly go wrong?
- Do Kwon Resurfaces to Propose Clean Slate for Terra—Without UST StablecoinDecrypt - 2 days agoTerra co-creator Do Kwon has a plan to revive the network after its collapse. It doesn’t involve UST stablecoin.
- What is Bitcoin DeFi, and How Does It Work?Decrypt - 2 days agoBitcoin holders are entering the world of decentralized finance (DeFi), using wrapped tokens and DeFi projects built on Bitcoin’s own blockchain.
- Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTODecrypt - 2 days agoDuring a Twitter Spaces event, Tether CTO Paolo Ardoino revealed that Tether had reduced its commercial paper holdings by 50%.
- Gaming and Metaverse Tokens Bounce: Decentraland, Gala, STEPN Up 35% or MoreDecrypt - 2 days agoFollowing this week’s crypto market carnage, gaming and metaverse coins are seeing the biggest initial recoveries.
- What Are Algorithmic Stablecoins?Decrypt - 2 days agoWhile most stablecoins are backed by reserves, algorithmic stablecoins use maths and incentive mechanisms to maintain their fiat peg.
- Binance CEO Says Axie Infinity Handled Its Crisis Better Than Terra With UST DepegDecrypt - 2 days agoIn a Twitter thread, the Binance boss shared his disappointment in how Terraform Labs team handled its ecosystem’s collapse.
- Maker DeFi Token Jumps 30% as Users Turn to DAI Stablecoin Amid Terra's CollapseDecrypt - 2 days agoAmid Terra’s collapse, investors have flocked back to Maker’s native governance token and the DeFi protocol’s native stablecoin DAI.
- GBTC Discount Hits All-Time Low as SEC Mulls Bitcoin ETFDecrypt - 2 days agoThe Grayscale Bitcoin Trust (GBTC), Grayscale Investment’s flagship Bitcoin product, is now trading at a historic discount below 30%.
- Twitter Shares Drop 19% as Elon Musk Says $44B Acquisition Deal 'Temporarily on Hold'Decrypt - 2 days agoElon Musk said that his $44 billion Twitter acquisition would be put on hold in order to determine how many users are indeed “fake accounts.”
- Bitcoin, Ethereum Mount 9% Recovery as Crypto Markets ReboundDecrypt - 2 days agoAs a brutal crypto market sell-off concludes, the price of Bitcoin, Ethereum, and other cryptocurrencies in the top ten have rebounded.
- Binance Removes Trading Pairs for UST, LUNA—Except for BUSDDecrypt - 2 days agoAfter briefly delisting LUNA and UST trading pairs, Binance has since resumed trading but exclusively against its stablecoin BUSD.
- Sam Bankman-Fried Buys 7.6% Stake in RobinhoodDecrypt - 3 days agoNews of the purchase sent Robinhood shares up 30%, hours after the stock hit an all-time-low.
- El Salvador’s Bitcoin Bet Is Down Bad: $37 Million in the HoleDecrypt - 3 days agoAfter spending roughly $103 million to build a Bitcoin treasury, El Salvador’s holdings are now only worth around $66 million.
- Coinbase Stock Jumps Nearly 9%, Whipsawing Amid Crypto CrashDecrypt - 3 days agoCOIN has been all over the place today following a rocky week.
- Ethereum Gas Prices Soar as Traders Head for the Stablecoin ExitsDecrypt - 3 days agoAverage Ethereum gas prices were on track to quadruple over the past two days, thanks in part to stablecoin transactions.
- YouTuber KSI Says He Lost $2.8 Million on Terra in One DayDecrypt - 3 days agoKSI says he has now lost at least $8 million in crypto so far and admits to having a gambling addiction.
- Binance Warns It Will Delist Terra's LUNA If It Falls Below 0.005 USDTDecrypt - 3 days agoIf the trading pair gets delisted, that would mean users can no longer trade LUNA for USDT on Binance.
- #DecryptLIVE: Crypto crash roundtableDecrypt - 3 days agoCrypto bloodbath! How low will the major coins go, and what about Terra and stablecoins? Decrypt’s Dan Roberts, Jeff Benson, Stacy Elliott and Jason Nelson will discuss the news and parse through what’s happened and what might happen next.
- Terra Temporarily Halts Blockchain to Prevent Attacks as LUNA Goes to ZeroDecrypt - 3 days agoWith LUNA trading for 1 cent—down from over $80 a week ago—the validators take extreme measures to protect the network.
- How Web3 is Revolutionizing the Film IndustryDecrypt - 3 days agoDecrypt will be at Cannes Film Festival to discuss how Web3, crypto and NFTs are changing the future of filmmaking.
- Yellen Says Crypto Poses No Systemic Risk to Financial SystemDecrypt - 3 days agoThe Treasury Secretary shared her concerns about stablecoins with Congress, but said crypto poses no “systemic risk” to the U.S. financial system.
- Chainsmokers Share New Album Royalties With Fans via NFT Drop in Music Industry FirstDecrypt - 3 days agoThe famous music duo The Chainsmokers’ new album drop includes an NFT giveaway that gives 5000 fans a 1% cut of the royalties.
- NFTs Started ‘a Digital Art Renaissance.’ It’s Far From OverDecrypt - 3 days agoAs the .ART domain registry marks its fifth anniversary, digital artists hail a revolution in their industry.
- Buying the Dip: Cathie Wood’s Ark Invest Purchases $30M in Coinbase StockDecrypt - 3 days agoCathie Wood’s Ark Invest snapped up 546,579 shares of Coinbase as the crypto exchange’s stock fell to historic lows.
- Crypto Whales Tesla, MicroStrategy Underwater as Bitcoin Crashes to 2020 PricesDecrypt - 3 days agoBitcoin’s current price means that Tesla and MicroStrategy are both down on their investments. Stockholders have also taken note.
- Blue Studios Launches Family Crypto Wallet With Unstoppable Domains IntegrationDecrypt - 3 days agoThe Wallio family crypto wallet, launched by Blue Studios in partnership with Unstoppable Domains, will allow admins to set spending caps.
- Terraform Labs Launches 3 Emergency Actions to Save LUNA, UST StablecoinDecrypt - 3 days agoIn a race to remove all bad debt from the Terra ecosystem, Terraform Labs is pulling out all the steps with three emergency actions.
- Almost All $1.7B Crypto Stolen In 2022 Has Come From DeFi: ChainalysisDecrypt - 3 days agoNorth Korean crypto hackers have already had their biggest year ever, stealing $840 million, according to a new Chainalysis report.
- Sorare to Launch Major League Baseball Ethereum NFT Fantasy GameDecrypt - 3 days agoThe popular NFT fantasy soccer platform will expand into a totally new sport starting this summer.
- Infura Co-Founder E.G. Galano Talks Otherside NFT Mint, Ethereum Gas FeesDecrypt - 6 days agoInfura co-founder and general manager E.G. Galano talks to Decrypt’s Kate Irwin about what Infura does, how the Bored Ape Yacht Club could have avoided the hiccups with its Otherdeed NFT mint, other hot NFT collections like Moonbirds, and Ethereum’s gas fee issues.
- Decrypt Learn: What Is Ethereum 2.0? Ethereum's Consensus Layer and Merge ExplainedDecrypt - 6 days agoThe long-planned upgrade to Ethereum aims to improve the network’s scalability and security by switching to a proof of stake consensus mechanism.
- gm Podcast, Episode 9: Jesse Powell Releases the KrakenDecrypt - 1 week agoKraken was one of the earliest Bitcoin exchanges, and also made waves for its strong-willed reactions to regulatory changes. CEO Jesse Powell joined the gm podcast to talk to Dan Roberts and Jeff Roberts about Kraken’s evolution, the killer use case for NFTs, and how San Francisco’s tech scene has…
- Inside the Bored Ape Yacht Club NFT Restaurant in L.A.Decrypt - 2 weeks agoDecrypt’s Kate Irwin interviews Kevin Seo, co-founder of Bored & Hungry, the BAYC-inspired burger joint in Los Angeles. Video shot and edited by Decrypt’s Jason Nelson.
- gm Podcast, Episode 8: All About Avalanche with John WuDecrypt - 2 weeks agoAva Labs president John Wu talks to Dan Roberts and Jeff Roberts about the meteoric rise of so-called “Ethereum killer” Avalanche (he hates that phrase), its utility and usability, AVAX token, tribalism in crypto, the SEC and regulation, and NFT backlash.
- NFT Artist pplpleasr: 'You Should Be Thinking of DAOs Like Subreddits'Decrypt - 3 weeks agoEmily Yang, aka pplpleasr, the inspiration for the NFT collective PleasrDAO, talked DAOs and crypto interest groups on Decrypt’s gm podcast with Dan Roberts and Jeff Roberts. Yang says people shouldn’t be joining DAOs with the aim of making money; she compares them to Subreddits or video game clans.
- Astronaut Scott Kelly Discusses NFT Project, Crypto Holdings, and the MetaverseDecrypt - 1 month agoRetired NASA astronaut Scott Kelly talks to Decrypt’s Andrew Hayward about his new Ethereum NFT collection, which benefits relief efforts in Ukraine, plus the cryptocurrencies he holds and his excitement about the metaverse.
- Gemini COO Talks to Decrypt at Bitcoin Miami 2022Decrypt - 1 month agoGemini COO Noah Perlman talks to Decrypt’s Kate Irwin at Bitcoin Miami 2022 about Gemini’s approach to competing with other exchanges, its focus on regulatory compliance, and his own views on Bitcoin maximalists.
- SBF Suggests LUNA's Collapse Different to Theranos, but Questioning its Marketing StrategyBlockchain News - 2 hours agoFTX Derivatives Exchange’s billionaire CEO Sam Bankman-Fried has faulted the marketing strategies of Terra blockchain to gain acceptance from the public. (Read More)
- Crypto CEO Arrested in New York for Wire Fraud OffencesBlockchain News - 2 hours agoEddy Alexandre, the founder and CEO of EminiFx has been arrested by law enforcement agents as he faces charges bothering on one count each of commodities and wire fraud respectively. (Read More)
- Changpeng Zhao Clarifies Binance's Investment in Collapsed TerraBlockchain News - 12 hours agoChangpeng Zhao has come out to clarify the investments the trading platform has in the Terra ecosystem in what appears as a response to false claims going around on Twitter. (Read More)
- Exchange Tokens Recovers as Investors Focus on UtilityBlockchain News - 12 hours agoThe cryptocurrency ecosystem is gradually seeing a comprehensive recovery, and while there is still a bit of volatility in the market, exchange tokens are on a bullish tear as investors return back to trading actions (Read More)
- Crypto Firm Elwood Technologies Raises $70M in Series A RoundBlockchain News - 13 hours agoAmerican investment banking giant, Goldman Sachs, and Barclays invest in global fintech crypto company Elwood Technologies. The company is valued at up to $500 million after the financing, according to the report from Financial Times. (Read More)
- Central African Bank Regulator Announces Nationwide Crypto BanBlockchain News - 16 hours agoThe Central Bank’s move is contrary to the government’s announcement that Bitcoin is a legal tender in the nation. (Read More)
- US and UK Regulators to Take Action on Stablecoins after Terra’s CollapseBlockchain News - 19 hours agoStablecoins plunged below $1 this week. Major regulators have become concerned about such cryptocurrencies. (Read More)
- Nigeria Releases New Rules Classifying Crypto as SecuritiesBlockchain News - 20 hours agoIn a move that might boost crypto trading in Nigeria, the nation’s Securities and Exchange Commission (SEC) has rolled out “rules on issuance, offering platforms, and custody of digital assets” for virtual firms. (Read More)
- Twitter Shares Plummet by 20% as Elon Musk’s $44 Billion Takeover ShelvedBlockchain News - 1 day agoThe anticipated takeover of Twitter by Elon Musk, the CEO of Tesla Inc., was temporarily postponed as he waited to be briefed about the social media giant’s fake accounts. (Read More)
- Emirates Airline to Roll Out Bitcoin Payment and Enter the MetaverseBlockchain News - 1 day agoTo optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain. (Read More)
- TA: Why Bitcoin Still At Risk of A Fresh Decline Below $29KNewsBTC - 1 hour agoBitcoin attempted a recovery wave above the $30,000 resistance against the US Dollar. BTC is struggling near $31,000 and might start a fresh decline. Bitcoin recovered above the $30,000 level but struggled above $31,000. The price is now well above the $30,000 level and the 100 hourly simple moving average.…
- Ripple (XRP) Price Picks Up As SEC Legal Showdown Drags OnNewsBTC - 11 hours agoRipple (XRP) rallied to $0.439217 Friday from $0.377384 on Thursday in the face of an ongoing Securities and Exchange Commission lawsuit following the comments of William Hinman, former SEC Corporate Finance director. Suggested Reading | Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano? Ether are not…
- Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano?NewsBTC - 14 hours agoPseudonymous crypto trader and analyst Capo tweets that Cardano (ADA) is bound to go on a massive downward trend. This popular crypto trader with over 307,500 followers on Twitter predicted a massive plunge before the coin finishes its five-waved downward trajectory following the Elliott Wave Theory. The Elliott Wave Theory…
- Polkadot Displayed Bearish Engulfing Candlestick; Suggests Further DowntrendNewsBTC - 1 day agoPolkadot has been on a sharp decline over the last week as the broader market extended losses at press time. Bitcoin nosedived to $28,000 and presented a loss of 7% over the last 24 hours. All major altcoins have followed the same path registering losses on the daily chart. Polkadot…
- Bitcoin Whale Breaks 8 Year Long Silence With $30 Million Worth Of BTC TransferNewsBTC - 1 day agoAfter an eight-year dormancy, a Bitcoin (BTC) Whale unexpectedly moved $30 million worth of BTC. On November 20th, 2013, the exact address received 1,000 BTC worth $567,600 at the time, Blockchair reported. The Bitcoin remained dormant in one wallet until it was moved as part of a much larger block…
- NFT Prices Take A Beating After Crypto Market ChaosNewsBTC - 1 day agoCrypto has been on a downward slope the past couple of weeks – and NFT is going the same direction with the decline in dollar value. TerraUSD and LUNA both dipped in value registering a tremendous loss of 99%. With UST (pegged with US dollar) now trading at $0.13, LUNA…
- XRP Flashed A Sign Of Revival; Where’s It Headed Next?NewsBTC - 2 days agoThe price of XRP has nosedived substantially to a level that it last touched almost 70 weeks ago. At the current time, XRP’s price have been trading near its immediate support level of $0.36. Bitcoin continues to be on shaky grounds as the coin tried recovering by moving past the…
- Snoop & Gary Vee Got “Ownership” Of A Basketball Team With Ice Cube’s BIG3 NFTsNewsBTC - 2 days agoThese BIG3 NFTs might become one of this year’s most entertaining stories. The 3-on-3 basketball league created by Ice Cube and Jeff Kwatinetz offers utility beyond belief for its “BIG3 Ownership” NFT collection. The Fire tier NFTs holders will get to effectively affect the game and the league via video…
- Investors Make For Stablecoin Hills As USDT Volume Touches All-Time HighNewsBTC - 2 days agoWith the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U.S. dollar have been the obvious winners from the recent crash but it seems that investors are taking it one…
- Crypto Shorts See $240M Flush As Bitcoin Rebounds Back Above $30kNewsBTC - 2 days agoData shows the crypto futures market has taken a $380 million beating over the past day as Bitcoin has rebounded above $30k. Out of this amount, $240 million liquidations have belonged to short traders. Crypto Shorts Observe $240 Million In Liquidations Over Last 24 Hours In case anyone isn’t aware…