As the Terra saga continues to unfold, the project’s founders have become the target of the crypto industry’s ire. In the aftermath of Terra’s catastrophic failure, South Korean investors are currentl...
Tag: crypto price
Whoever Designed Terra Minting Dynamics Should Have Their Head Checked
Binance CEO Changpeng Zhao (CZ) recently shared his thoughts on the downfall of the Terra ecosystem. While CZ believes there are many lessons to be learned from the cataclysmic event, he highlighted s...
Crypto Research Firm Delphi Digital Admits to “Significant” Losses During Terra Crash
Delphi Digital, a U.S.-based crypto research and investment company, said it lost a “significant” amount of funds to the infamous Terra crash earlier this month. The firm shared a detailed report exp...
Andreessen Horowitz (a16z) Launches $600M Gaming Fund With Allocation to Web3
American venture capital firm Andreessen Horowitz (a16z) has announced a new $600 million gaming fund dubbed GAMES FUND ONE with allocations to Web3 startups. a16z Launches $600M Gaming Fund In an off...
KAVA Jumps 13% as DOT and DOGE Sees Little Improvements
Kava and other cryptocurrencies are seeing more buying pressure. This has resulted in an increase in their prices. KAVA, for example, has surged by more than 13% over the last 24 hours. The push saw t...
Avalanche Loses $60M in LUNA-UST Fiasco, Founder Compares Terra’s Crash to Mt Gox Hack
Terra’s crash last week left many investors scratching their heads and counting losses. Other crypto projects and investment firms that partnered with Terra were also affected and are reporting major ...
CFTC Charges Two Individuals for $44 Million Cryptocurrency Fraud
The United States Community Futures Trading Commission (CFTC) has charged two US residents, Sam Ikkurty and Ravishankar Avadhanam, for their involvement in a cryptocurrency ponzi scheme that stole ove...
Vitalik Buterin Confirms Launch of Ethereum Merge in August
After a series of postponements from the Ethereum developers, co-founder Vitalik Buterin has confirmed that the long-awaited Ethereum Merge could happen in August 2022. Speaking at the Ethereum Shangh...
Bill Gates Says He Doesn’t Own Crypto Because It Doesn’t Add Value to Society
The legendary founder of Microsoft and the world’s fourth-richest person, Bill Gates, has recently bashed bitcoin and other cryptocurrencies, saying that they have no value and do not contribute anyth...
Australian Bank Halts Plans to Launch Crypto Trading Services Amid Terra Drama
Following the recent Terra LUNA drama, Commonwealth Bank of Australia (CBA) has suspended plans to launch an in-app cryptocurrency trading service, according to reports from The Guardian. Recall that...
How to Get a Bitcoin Address (In Less Than 1 Minute)
The very first step to get a Bitcoin address is to create a Bitcoin wallet. A Bitcoin wallet is a software that holds the Bitcoin address. It is also used to send and receive bitcoins (BTC). In many c...
How to Buy Bitcoin with Gift Card on Prestmit
Bitcoin is undoubtedly the number one cryptocurrency many want to hold. Despite its price volatility, it has been a choice for crypto traders/investors. Bitcoin is available on almost every crypto exc...
Anchor Protocol-Linked Stablegains Allegedly Loses $42M to UST Collapse
Stablegains, a U.S.-based startup aimed at generating yield for investors via decentralized finance (DeFi) lending, has reportedly lost $42 million worth of funds belonging to investors as a result of...
Blockchain Gaming Startup N3TWORK Secures $46 Million from Griffin and Others
Blockchain gaming studio N3TWORK Studios has raised $46 million in a Series A funding round led by Griffin Gaming Partners. N3TWORK Bags $46 Million From Investors The investment round also saw partic...
Bitcoin Still the “Only Candidate” for Native Internet Currency
Jack Dorsey, CEO and co-founder of Block (formerly known as Square), has reiterated Bitcoin’s potential as a native internet currency, CNBC reported Wednesday. Native Currency of the Internet Speakin...
‘Correction Of Over 90%’—Leading Crypto Analyst Issues Stark Crypto Price Prediction As Bitcoin, Ethereum, BNB, XRP, Terra’s Luna, Solana, Cardano, Dogecoin Go Into Free Fall
A week into the stablecoin implosion, the crypto market holds its bearish course. This week, the bitcoin price dropped 6%, and other major coins followed suit. Ethereum’s price is down 11%, BNB 5%, do...
Cardano Publishes New Research Paper on Key Blockchain Governance Properties
Cardano, a leading blockchain project, has published a new research paper on decentralized blockchain governance properties. Cardano Publishes Paper on Blockchain Governance The study was conducted by...
Six (6) Important Tips to Start Investing in Cryptocurrency
The craze around cryptocurrency has increased over the years. Due to how fast it has changed the financial status of some people, it has developed quite the appeal to it. Undeniably, investing in cry...
ASIC Declines Proposal to Ban Celebrities From Endorsing Crypto Products in India
After receiving a proposal from the Securities and Exchange Board of India (SEBI) to ban prominent figures from promoting crypto products, the Advertising Standards Council of India (ASIC) said that i...
Coinbase ($COIN) Resorts to Slow Hiring After $430M First Quarter Loss
America’s largest crypto exchange Coinbase has disclosed its plans to slow down hiring as the company faces headwinds following its poor earnings in the last quarter. Coinbase Slows Down Hiring Coinb...
Web3 Already Winning with $174k Payout per Creator vs $0.10 in Web2
Popular venture capital firm, Andreessen Horowitz (a16z), has recently pointed out the huge gap between Web2 and Web3 creators’ payout. In the company’s inaugural “State of Crypto” report published Tu...
Five (5) Things to Know if You’re a Bitcoin Newcomer
Invented during the fallout of the Great Recession of the late aughts, Bitcoin has burst out of its obscure computer science origins. Predictions of its demise have, to date, not been vindicated. Whil...
Crypto Thief Steals $42k After Threatening to Chop off Victim’s Fingers
Authorities in the United Kingdom have sentenced a 24-year-old man to five years in prison for stealing cryptocurrencies worth £34K (about $41,900) after threatening to chop off the victim’s fingers i...
Ether Enjoys a Three-day Hike. Have it Bottomed out?
Ethereum has lost key supports over the last seven days. Last week was one of the intraweek sessions many would love to forget for more reasons than one. The total REKT capital on derivatives market e...
Luna Foundation Guard Allegedly Gave Whales ($2.7 Billion) Exit Door Before Collapse
Following the cataclysmic meltdown of the Terra ecosystem last week, the Luna Foundation Guard (LFG) has been accused of bailing out UST whales with its bitcoin trove before the project came crashing ...
Australian Tax Office Says It Will Prioritize Crypto Investors This Year
The Australian Taxation Office (ATO) announced today that it will prioritize crypto capital gains alongside three other key areas of focus this year to ensure appropriate tax reporting in the country....
Bitcoin-Friendly El Salvador to Host Central Banks Meeting on Digital Economy
El Salvador is set to host delegates from different countries to discuss financial inclusion such as the digital economy, banking the unbanked, and the benefits of Bitcoin. El Salvador to Host Delega...
Crypto Needs a Global Regulatory Body, Top Official Says
Ashley Alder, chair of the board of directors of the International Organization of Securities Commissions (IOSCO), an association of firms regulating the global securities and futures market, said the...
Do Kwon Apologizes for Hurting Terra’s Users and Investors
Do Kwon, the brains behind the Terra blockchain project, has apologized to members of the Terra ecosystem and the crypto community for the recent depegging event. Last week, UST, Terra’s algorithmic s...
How to Buy Altcoins With a Credit Card in Five (5) Easy Steps
There are frequent opportunities in the cryptocurrency market that require a quick response. However, depositing funds into an exchange via bank transfer or e-wallets can take up to several hours or e...