Tron Founder Justin Sun said he will deploy a $2 billion reserve to protect TRX against heightened short interest. As the Cryptocurrency bloodbath intensifies many crypto leaders are announcing plans ...
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Live Tech News Updates.
Coinbase CEO Clarifies Controversial Disclosure About Customers’ Funds
Alex Dovbnya Coinbase reported a massive revenue miss, but the company doesn’t face bankruptcy, according to CEO Brian Armstrong Coinbase CEO Brian Armstrong has clarified that a new disclosure ...
After the Collapse of Terra’s UST, What’s Next for Algorithmic Stablecoins?
In brief Terra’s UST stablecoin is trading well below its $1 target. Stablecoin creators and skeptics alike believe collateralization is key to consumer confidence. On Monday, the Federal Reserv...
This is Why TerraUSD (UST) May Hit $1 Before Terra (LUNA) Price!
Terraform labs, in the recent days dumped the whole BTC reserve and dragged the entire crypto space into a deep bearish well. Bitcoin price visited the rock-bottom levels, hitting the support levels t...
Azuki Founder’s Shady Past Causes Price Volatility
The founder of Azuki NFT admitted to abandoning previous NFT projects, leading to intense price fluctuation of Azuki on the OpenSea marketplace. Founder Admits To Abandoning Projects Known only by his...
This is where Dogecoin can go after 18% crash and $14 million liquidations
Most of the market is still recovering from the events of 9 May, which left the crypto space broken beyond belief. Marking the highest single-day losses for every cryptocurrency, the bears did not spa...
MKR Sellers Plan A Revisit $1000; Buy Again?
Due to a sudden price drop of its competitor Terra(LUNA), the MKR/USDT pair has witnessed a significant inflow as investors are safer with DAI stablecoin. As a result, the altcoin nearly jumped 80% on...
Hedera launchpad platform HederaStarter to hold IDO May 19 to establish HSTART token » CryptoNinjas
The team of Hedera network launched platform HederaStarter has now announced the date of May 19th, 2022 for its native HSTART token generation event (TGE) on the HederaStarter IDO platform, establishi...
Bancor 3 goes live with impermanent loss protection for liquidity providers
Bancor, the first decentralized finance protocol to introduce liquidity pools, has come out with a new liquidity solution with the launch of its v3, called Bancor 3. Bancor 3 went live with a promise ...
Terra’s LUNA Falls Below $1
The price of Terra’s LUNA token has fallen below the $1 mark. It reached a new daily low of $0.938 on the Bitfinex exchange at 12:39 p.m. UTC. Image by tradingview.com One of the most popular cr...
‘Fire Sale Prices’: Coinbase CEO on Stock’s 87% Decline Since 2021 Debut
In brief Coinbase shares traded as low as $50 on Wednesday, a far cry from last year’s high of $381. CEO Brian Armstrong tweeted reassurances suggesting the stock is a buy. Coinbase shareholders...
BusinessDay to Host Future of Payments and Fraud Conference 2022
To bring the Future of Payments and Fraud Conference to life, BusinessDay will provide experts and thought leaders in the National Payments System, as well as views from global industry leaders at the...
LBlock Faces Rejection at $0.001400
Lucky Block Price Prediction – May 11 LBLOCK/USD is in a downtrend as it faces rejection at $0.001400. The selling pressure has continued despite the upward correction above the moving averages. This ...
HK-based Gusto Collective Raises $11m in Funding Round Led by Animoca Brands, Gaw Capital
Hong Kong-based Gusto Collective has raised $11 million in its Seed Plus funding round led by Animoca Brands and Gaw Capital. The company plans to utilise the funds to support its geographic expansion...
Monoverse CEO Jayden Lee believes P2E games can’t lose sight of their main purpose: entertainment
Since last year, blockchain games, both play-to-earn (P2E) and non-fungible tokens (NFTs), have been a bell ringer in the Korean domestic game industry. Leading companies like WeMade, Com2uS Group, Ka...
Gensler attacks USDT, USDC, BUSD while Do Kwon takes his ‘razor focus to deliver’
The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the crypto market which is currently goi...
Litecoin (LTC) Price Analysis: Bears Aim Test of $50
Litecoin started a fresh decline from the $85 resistance against the US Dollar. LTC price is now trading below $75 and the 55 simple moving average (4-hours). There is a key bearish trend line forming...
Maker Token (MKR) Up Nearly 50% As Rival Terra Crashes
Maker’s (MKR) price has jumped nearly 50% in the last few hours on speculation over replacing Terra’s dominance in DeFi. The DeFi token behind the DAI stablecoin seems to be benefitting from the fall ...
Avalanche drops 30% on fears Terra’s LFG will dump AVAX next
Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra’s native stablecoin TerraUSD’s (UST) peg with the U.S. dollar. Major AVAX dump ahead? AVAX&#...
Binance Decides To Halt Terra (LUNA) Futures Trading
– Advertisement – As LUNA continues its free fall, cryptocurrency users have expressed concerns about the massive dip’s ripple effect on the entire market. As a result of the ongoing and ...
Whopping 324.7 Million Shiba Inu (SHIB) Burnt in Last 24 Hours
The owner of the “BlueWhale0073” wallet acquired 191,883,317,886 Shiba. Shiba Inu has been down 27.78% in the last 24 hours. The Shiba Inu community has transferred 324.7 million SHIB to dead wallets ...
Terra founder reportedly has link to failed stablecoin, Basis Cash
A former Terra Labs employee has reportedly revealed that Terra co-founder Do Kwon was one of the creators of Basis Cash. This algorithmic stablecoin failed last year, a Coindesk report has revealed. ...
Waves Price Prediction 2022 – Will WAVES Go Beyond $20?
Waves is one of the cryptocurrencies that has been playing-wise over the years. The cryptocurrency has focused on delivering an open forum for decentralized applications (DApps). That processes paymen...
Report Chainalysis Raises $170 Million at $8.6 Billion Valuation
Blockchain intelligence startup Chainalysis has raised $170 million at a valuation of $8.6 billion, double from $4.2 billion in June last year. Given the current market crash where bitcoin fell below ...
Filecoin [FIL] investors should read this before taking any position
After dwindling for over eight months, Filecoin (FIL) bears have denied any trend-modifying privilege to the buyers. With the current market structure undeniably being conducive for the sellers, the b...
LUNA Price Crashes 95% Trades Below $1.0; What Holds Next?
LUNA price breaks all the records and continues to bleed for the seventh straight day. LUNA started the session on a highly pessimistic note and nose dives to the never seen before levels opened lower...
Terra founder Do Kwon shares plan to save the UST stablecoin peg
Do Kwon, CEO of Terraform Labs, has not accepted defeat. After an 18-hour wait in which Terra’s LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be ...