When Solana’s price hit new lows near $54, the total value locked (TVL) for the token also declined to a historical low. According to data from Defi Llama, the token’s TVL has been on a steady decline...
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Terra Founder Vows To Build Back LUNA, Says LUNA is More Than UST, Tells He Won’t Leave No Matter How Hard it Gets
– Advertisement – Terra CEO Reiterates His Intention to Make Investors Whole Again, Says He Won’t Abandon Them. “Terra is more than $UST. The Terra community is my family. I will always be...
UK: the Crown wants to regulate stablecoins
Following the collapse of the Terra-LUNA project and the ecosystem’s stablecoin, UST, the Treasury Department in the UK has stated that it wants to regulate the sector more. In particular, one of the ...
Amidst 450 Million Tokens Being Burnt, SHIB Price Is Expected To Decline At $0.00001 – Coinpedia – Fintech & Cryptocurreny News Media
The global cryptocurrency market is down by 1.23% over the last 24hrs and is now positioned at $1.28 trillion. The main driver for such a bearish pull is Bitcoin which has yet again lost its $30,000 l...
DAO For Abortion, Anyone? | Bitcoinist.com
A swarm of social activists and entrepreneurs are brainstorming on an idea of birthing a DAO focused on abortion, following a leak in line with the Supreme Court draft opinion on Roe v. Wade. They se...
SEC Chair Gensler Responds To Terra Crash, More Regulation Due?
SEC Chair Gary Gensler on Monday said the crypto market needs more regulation to protect investors from projects like Terra. Gensler blames crypto trading and crypto wallet platforms for not disclosin...
Amidst the Mounting Risks to Bridge Security, A New Non-custodial Liquidity Bridge Focuses on Decentralization
In late March, Ronin bridge, an Ethereum sidechain built for the widely popular play-to-earn (P2E) NFT game Axie Infinity to handle surging demand from gamers, was hacked for over 173,600 Ether (ETH) ...
Coinbase unveils Web3 mobile DApp and DeFi wallet and browser
America’s largest crypto exchange Coinbase has rolled out Web3 application functionality including a hot wallet and browser for a limited set of its mobile app users. The app will allow select users t...
Dogecoin Co-Founder Says 95% of Cryptocurrencies Are “Scams and Garbage”
Alex Dovbnya Dogecoin co-founder Billy Markus has slammed the cryptocurrency industry in a scathing tweet Dogecoin co-founder Billy Markus has opined that 95% of cryptocurrencies are “scams and garbag...
Terra Founder Proposes An Airdrop For Affected LUNA and UST Holders, Binance CEO Says ‘This Won’t Work’
– Advertisement – Terra Founder Wants An Airdrop For Affected LUNA and UST Holders, But the community doesn’t think it’s a good idea. The ghosts of failure are still battering Terra Luna...
Terra Meltdown Concerns European Officials; Renews Call for Legislation
European officials have called for immediate regulation of crypto in light of the Terra-led market crash. Bank of France Governor Francois Villeroy de Galhau said at a conference: “Crypto-assets could...
Do Kwon Suggests Terra Hard Fork to Revive Troubled Network
Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network. In a series of tweets, Kwon suggested: “The Terra c...
India’s Central Bank Reiterates Negative Views on Cryptocurrencies: Report
The Reserve Bank of India (RBI) toughened up its stance against cryptocurrencies, citing the rising asset class as a threat to its sovereign interest and a negative impact on the banking system. The n...
Filecoin [FIL]: Investors yowling ought to respect the law of opportunity
The crypto market crash of last week has affected every token present in the worst possible way. With plummeting prices and a slow road to recovery, most tokens are still struggling to reach their roa...
Terra Crash Spilled Over Into Other L-1 Blockchains, Here’s How
Terra’s recent crash appears to have undermined investor confidence in other major layer-1 (L-1) blockchains, data shows. The blockchain’s value imploded in the first two weeks of May, and is now trad...
Dogecoin Founder Says 95% Cryptocurrencies Are Garbage And Scam, Elon Musk Responds
– Advertisement – The outspoken Dogecoin creator is not holding back as he slams illicit cryptocurrency projects. The creator of Dogecoin (DOGE) Billy Marcus has slammed the majority of cr...
European Union Could Start Testing a CBDC in 2023, ECB Executive Says
With the crash of TerraUSD —the largest algorithmic stablecoin in the ecosystem— and the de-pegging of other stablecoins like Stasis, DEI (not to be confused with DAI and even Tether), financial insti...
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...
Cryptocurrencies Will Seriously Undermine RBI’s Capacity to Determine Monetary Policy
The RBI’s concerns mostly revolve around money laundering and crypto-sponsored terrorism. The Reserve Bank of India, popularly known as the RBI, has raised a red flag on the effects of cryptocurrencie...
Do Kwon Proposes New Plan to Revive Terra
Alex Dovbnya Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project Do Kwon, the controversial co-founder of Terra, has come up with yet another rescue plan for the...
Terra Founder Do Kwon Blocks Doge Founder Billy Markus, Doge Founder Responds
– Advertisement – Terra Founder Blocks Doge Founder, Doge Founder Responds. A few days ago, Dogecoin co-founder, Billy Markus, called out what he referred to as “tech bros hubris” in the...
Chainlink Hires Google Vet Who Developed TensorFlow AI System
In brief Kemal El Moujahid, a Facebook veteran, oversaw TensorFlow at Google His AI expertise is likely to help Chainlink better identify authorities for its oracle. Chainlink is the most popular R...
Portugal to Impose Taxes on Cryptocurrencies
Portugal’s government has announced plans to tax crypto income. Fernando Medina, Portugal’s new finance minister, announced in the parliament on Friday that crypto coins will be subject to taxa...
Binance Seeks to Strengthen its Legal Team
Amidst growing uncertainty caused by the bearish run across most cryptocurrencies over the past few weeks, Binance – the leading exchange in terms of volume – is looking to heavily shore up its defens...
Cosmos: New ‘interchain security developments’ has had this effect on ATOM
ATOM has so far rallied by more than 30% from its latest local low. The cyptocurrency extended its downside during last week’s cryptocurrency market crash, and the healthy recovery might be a sign of ...
Haechi (HAC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, May. 17, 2022 – LBank Exchange, a global digital asset trading platform, has listed Haechi (HAC) on May 17, 2022. For all users of LBank Exchange, the HAC/USDT trading pair is no...
BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
Winston Churchill’s statement to “never let a crisis go to waste” can be applied across many aspects of society, including the recent carnage seen in the crypto market. Last week’s volatility is...
Another algorithmic stablecoin, DEI, loses peg
Another algorithmic stablecoin from Deus Finance, DEI, fell to as low as 54 cents on Monday, continuing what has been a tumultuous week for stablecoins. The stableocoin first lost its peg against the ...
Lucky Block Announces a One-of-a-Kind Daily Jackpot Prize
Lucky Block (LBLOCK), a decentralised games network powered by blockchain, will launch much-anticipated free jackpot prize draws this month. The draws will have several unique features that will diffe...
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Spotify announced on Monday that it is testing a new feature that will allow artists to promote their non-fungible tokens (NFTs) on their profiles. The Swedish audio streaming and media services provi...