Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. A three-step emergency plan was posted on the project’s Twitter account, which included ...
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Peter Schiff offers his thoughts on the US economy and Bitcoin
Financial aspects and monetary specialists anticipating will occur soon The ongoing price increase and the overall inflation have influenced the United States economy Peter Schiff took to Twitter to ...
Crypto Trader Running $5M ‘Ponzi-like’ Scheme Faces Nearly 4 Years in Prison: DoJ
Jeremy Spence, a 25-year-old Rhode Island crypto trader, also known as “Coin Signals” on social media channels, has been sentenced to 42 months in prison for defrauding 170 people for more than $5.37 ...
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the ...
Azuki NFTs Creator to Refund Investors After Admitting to ‘Rug Pulls’
Zagabond, the pseudonymous founder of the popular Azuki non-fungible token (NFT) collection, has promised to compensate investors who lost money after he abandoned three crypto projects that later tur...
Boeing considers redesigning crucial valve for Starliner space capsule
Boeing’s Starliner capsule for the Orbital Flight Test 2 (OFT-2) mission is lifted on top of United Launch Alliance’s Atlas V rocket on May 4, 2022. Frank Michaux / NASA Boeing is examinin...
Crypto market crash: $1 billion liquidations
On 9 May, when the still ongoing collapse began, asset liquidations totaling about $1 billion occurred in the crypto market in just a few hours. The crypto market is experiencing really difficult day...
Carvana, GameStop, AMC, General Motors and more
Check out the companies making headlines in midday trading Thursday. Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana s...
This Decision By FASB Towards Crypto Will Be A Breakthrough In The Future! How Will BTC Price React Now ?
Bitcoin’s price has collapsed to its lowest in 16 months today amidst the huge sell-off of the digital assets in the crypto market. Other major cryptocurrencies that saw a downfall alongside these ris...
Europe Cheers As Finnish Leaders Back Joining NATO—As Russia Threatens Retaliation
Topline Finland’s president and prime minister on Thursday announced their support for the country to apply for NATO membership “without delay,” leading to a strong, celebratory show of support from E...
Illicit Activities in DeFi Sector Seen Rising in Past Two Years: Chainalysis
Illicit cryptocurrency transactions in the decentralised finance (DeFi) sector have been rising over the last two years, according to the Web3 Safety & Compliance report from Chainalysis. Over the...
US Dollar Strength Weighs On CNY
China Last Night KraneShares Key News Asian equity markets were all down overnight. It was a light news day as Fed hike fears and the strong dollar weigh on local sentiment. According to Bloomberg New...
Bitcoin’s price collapse eats away at the wealth of major crypto billionaires
During the last few week, there has been a significant sell-off in the crypto market, which has caused many investors’ fortunes to drastically decrease. Most notably, the Winklevoss twins and other cr...
Market Bleeds As LUNA Nears $0
TradingView Worth $119.22 at its peak, LUNA LUNA , the sister asset of troubled cryptocurrency TerraUSD UST , collapsed to almost $0 overnight. As of 10:45 a.m. ET, the token is trading at $0.005 with...
Anonymous Turns to CultDAO for Support Against Unjust Government Actions
London, UK, 12th May, 2022, Chainwire Anonymous, the international activist group responsible for white-hat hackings, announced that it intensifies its fight against Russia and other unjust national g...
Tether (USDT) Loses Peg As Mayhem in Stablecoin Continues
Tether (USDT) lost its dollar parity on Thursday as UST’s debacle sent shockwaves across the stablecoin market amid serious sell pressure in the wider industry. According to CoinMarketCap, the slump h...
Online Retail Forex: Where Does Africa Stand?
Exchange of foreign currencies for international trading is not new to Africa. However, broker-powered online retail forex trading only emerged recently. From Egypt in Northern Africa to South Africa ...
Lina Valentina Denounces Domestic Violence with Her “No More” NFT Collection – crypto.news
Lina Valentina is set to release her first non-fungible tokens (NFT) collection dubbed “No More.” The renowned and respected feminist artist is using the medium to denounce domestic violence, while al...
BYND Stock Slumps 24% as Beyond Meat Q1 2022 Revenue Misses Estimates
Ahead of the earnings report, the shares of Beyond Meat (BYND) closed Wednesday’s trading session down 13.83%. The American company that produces plant-based meat substitutes Beyond Meat Inc (NASDAQ: ...
May Analyst Call | Full Video
May 11, 2022, 9:19AM EDT • 1 min read Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and to...
Bitcoin: Crypto market bloodbath rages on as BTC touches $26k range
As Bitcoin to a new low, other cryptos also plunged likewise including Ethereum, Solana, and Ripple. The market cap of the crypto industry even fell to $1.37 trillion representing the plight of invest...
An Easy Way For Beginners Into Blockchain Gaming ⋆ ZyCrypto
Advertisement     As the number of blockchain games increases, the more difficult it will be for you to choose a really good one out of them. To make your search easie...
Bitcoin, Binance Coin, Cosmos ATOM, and VeChain Daily Price Analyses – 12 May Morning Price Prediction
The bearishness in the global crypto market has continued to wreak havoc as the losses increase. The prime target of the bearish wave is Bitcoin, while the rest of the coins have been in no different ...
Bitcoin (BTC) Crashes Below $27K On These Three Factors
Bitcoin (BTC) broke below two key support levels on Thursday as a market rout intensified. While its latest crash was directly triggered by higher-than-expected U.S. inflation data, there were also ot...
Blockchain services provider Elrond partners with Anchain to prevent fraud
Blockchain-based computerized installments environment developer Elrond partners with Anchain The integration increases the essential ramifications of Elrond and fraud prevention It can process more ...
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims – Bitcoin News
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has d...
Rivian recalls some R1T trucks over child airbag defect
Rivian R1T Field pickup Source: Rivian Rivian Automotive is recalling some of its electric pickups because of an airbag defect that could injure a child in a crash, according to a letter from the Nati...
Dapper Labs’ Flow Launches $725M Fund to Facilitate Web3 Growth
Vancouver-headquartered Flow is launching a $725 million ecosystem fund for decentralized applications aiming at developing on the Flow blockchain. According to a press release, the fund’s intended ut...
Heavily shorted online used car seller Carvana surges 20%, is halted several times
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of online used car retailer Carvana surged Thursday amid a wild trading session in ...
Grayscale Met With The SEC, Tried To Convince Them To Turn The GBTC Into An ETF
Will GBTC get to become the first US-based spot bitcoin ETF? It doesn’t look that way. The euphoria from six months ago turned into Grayscale hinting that it might sue the SEC if its request is denied...