Scream, a Fantom-based Defi lending protocol, has sustained $35 million in bad debt after neglecting to change the prices of two stablecoins that dropped their US dollar peg – Fantom USD (fUSD) ...
News
Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year – Bitcoin News
Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to t...
The UK Stands Beside Its Commitment to Regulate Stablecoins Following Terra Fall
The U.K. Treasury Department, HM Treasury is moving ahead with its plans to regulate payment stablecoins even after a crypto market breakdown last week. The collapse of Terra which witnessed algorith...
Bitcoin Marks Seven Consecutive Red Candles, Paints Gruesome Picture For Market
Bitcoin has now entered perhaps one of its most bearish periods ever. The cryptocurrency which has held up quite nicely through all of the market scandals is seeing even more bad news ahead. Previousl...
Central Banks From 32 Different Countries To Meet in El Salvador To Discuss Bitcoin Rollout, Says Nayib Bukele
The president of the first country to adopt Bitcoin (BTC) as legal tender is planning to meet with central banks from 32 different countries to discuss BTC and its role in economies. El Salvadoran pre...
The 10 most expensive NFTs sold to date
Nonfungible tokens, or NFTs, are turning out to be a treasure store with prices striding into the millions of dollars. Instances of an NFT garnering more than $69 million or a tweet fetching $2.9 mill...
Celsius Network Files Draft S-1 Form to Take Its Mining Unit Public
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Bitcoin price prediction: From the bear to the bull
Crypto is in a bear market and Bitcoin continues to hover near $30,000 as bulls battle bears amid broader market weakness. At the time of writing, BTC/USD pair is down 1.4% in the past 24 hours. Over ...
Man Who Broke into Terra Founder’s House Was Crypto Investor Who Lost 3 Billion Won
A person previously accused of trespassing by illegally entering the house of Terraform Labs’ co-founder and CEO is currently under police investigation in Seoul, according to Yonhap News Agency...
Bitcoin betting site is 1xBit – evaluate its advantages today
Cryptocurrencies are becoming more and more important and valuable in today’s world. At the same time, earning them is still not something simple. One of the most rational ways to get digital assets i...
10,900 Ethereum (ETH) Worth 22,510,559 USD Transferred From Unknown Wallet
5 hours ago | 2 mins read Altcoin News Ethereum has been down 3.12% in the last 24 hours. The purchasers ultimately succumbed to the pressure at the $2150 level. Since last week, the Ethereum (ETH) pr...
Terra Should Safeguard Local Farmers Not Whales Says Buterin
The Luna Foundation Guard owned about $2.7 billion in Bitcoin prior to the LUNA and UST crashes (BTC). CZ also asked, Where is all the BTC that was meant to be used as reserves? in response to the poo...
Is Guitar giant Fender quietly gearing up to enter the NFT space?
Famous guitar manufacturer Fender has filed three NFT-related patents to the United States Patent and Trademark Office. The patents would indicate an intent to make or protect its brand when it comes...
These Metrics Could Help Time the Bitcoin Market Bottom
Key Takeaways Bitcoin has lost more than 43,600 points over the past seven months. The top cryptocurrency now hovers around $30,000 while threatening to dip lower. Technical indicators suggest marke...
Stocks Keep Tanking As Growing Number Of Wall Street Experts Warn About Rising Recession Risks
Topline With the stock market falling for the last six weeks in a row amid growing concerns about an economic slowdown and the Federal Reserve raising interest rates to combat inflation, an increasing...
What Happened to Terra’s Bitcoin Reserve as UST and LUNA Crashed
Last weekend, as Terra’s UST stablecoin showed the first warning signs of instability, slipping from its dollar peg to $0.985, Luna Foundation Guard (LFG), the nonprofit responsible for overseeing the...
Russian ruble world’s best performing currency this year
I wrote this article last month examining the Russian ruble’s performance, which was highly unusual, and whether it could be a short opportunity going forward. Following a 40% plummet after the invasi...
Tron buys TRX to increase reserves
The Tron DAO is continuing to stockpile TRX to increase its reserves. Tron DAO increases reserves in TRX The Tron DAO Reserve, the organization that replaced the Tron Foundation, has decided to buy $3...
Bankman-Fried says BTC is not a dependable payments system
FTX CEO Sam Bankman-Fried believes that Bitcoin has no future as means of payment. Bankman-Fried says Bitcoin’s Proof-of-Work network is not suitable for payments. He thinks it is slow and expensive ...
UK taxpayers can offset cryptocurrency losses with future gains
The cryptocurrency market has not been performing well in recent weeks following the collapse of Terra LUNA and UST. The collapse of these two tokens spooked investors and caused massive liquidations ...
US, UK, Canada, Australia, and Netherlands have uncovered over 50 Crypto Criminal Leads
Officials from the United States, the United Kingdom, Canada, Australia, and the Netherlands have shared information and uncovered over 50 crypto-related criminal leads, including one that could be a ...
Dispute of SEC Vs Ripple
Ripple admonished the Securities Exchange Commission with its harsh words, to block the documents important to the case. The U.S SEC vs Ripple is still resolving the revelation and verdict of former d...
Institutional Investors Accumulate Staggering $298,000,000 in Bitcoin As Ethereum, Solana and Additional Altcoins Tread Water: CoinShares
Institutional investors took advantage of last week’s Bitcoin sell-off in record numbers for 2022, according to CoinShares. In the latest Digital Asset Fund Flows Weekly report, CoinShares finds that ...
El Salvador To Host 44 Countries For Bitcoin Discussion
President Nayib Bukkele has announced that financial authorities from 44 countries are meeting this Monday in El Salvador to discuss Bitcoin and other related matters. President Announces Bitcoin Mee...
Six New Series But No Confirmed Fall Schedule
UNIVERSAL CITY, CA – The Fox Network logo is displayed during the 2005 Television Critics Winter … [+] Press Tour at the Hilton Universal Hotel in Universal City, California. (Photo by Fre...
Indian Regulator Makes it Harder for Celebrities to Endorse Crypto Indian Regulator Makes Celebrity Endorsement Rulebook Tough For Crypto
Indian regulators are making the rulebook tough for celebrity endorsement of crypto products. The Securities and Exchange Board of India (SEBI) has advised prominent public personalities, including ce...
SoFi Stock Spikes. Market May Be ‘Over-Discounting’ Growth Potential.
Text size Dreamstime Sofi Technologies stock was spiking Monday after it was upgraded by Piper Sandler analyst Kevin Barker, who said the market may be over-discounting the financial services company’...