Luna Foundation Guard CEO, Do Kwon, has written a proposal that suggests forking LUNA to a new chain using a snapshot from before the attack. He details a recovery plan that includes giving the new bl...
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Binance CEO Says Axie Infinity Handled Its Crisis Better Than Terra With UST Depeg
Changpeng Zhao, CEO of Binance, the world’s largest cryptocurrency exchange expressed his disappointment in the way Terraform Labs handled the recent LUNA and UST collapse. Zhao said that the team be...
STEPN(GMT), Gala(GALA) & Decentraland(MANA) Price Record 50% Gains
Amid the recent market instability, the global market capitalization was on the verge to plunge below the crucial $1 trillion mark. However, the recent recovery of the star crypto Bitcoin beyond $30K ...
CryptoCom Reverses LUNA Trades From May 12th
In the aftermath of Terra (LUNA)’s price collapse, multiple crypto exchanges have begun preventing users from buying or selling the token. However, Crypto.com has taken measures a step further, opting...
STEPN [GMT] rallies but is demand conspicuously missing
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. In April, Bitcoin and most of the altcoin market as well were in ...
RBI’s Informal Pressure Led to Suspension of Coinbase Trading Services in India: Brian Armstrong ⋆ ZyCrypto
Advertisement     Coinbase Co-founder and CEO Brian Armstrong has said that “informal pressure” from the banking sector regulator led to the halting of his company’s t...
New York Mayor Eric Adams Wants to Toss the BitLicense
Eric Adams – the mayor of New York City – has suggested doing away with the dreaded BitLicense as a way of allowing New York to become more competitive in the crypto and blockchain worlds. Will New Yo...
$0.075 Fakeout Triggers A Potential Recovery
A descending trendline initiated in early April carried a significant correction rally for GALA/USDT pair. As a result, the coin holders lost significant support levels and reached a low of $0.048. Ho...
Snoop & Gary Vee Got “Ownership” Of A Basketball Team With Ice Cube’s BIG3 NFTs
These BIG3 NFTs might become one of this year’s most entertaining stories. The 3-on-3 basketball league created by Ice Cube and Jeff Kwatinetz offers utility beyond belief for its “BIG3 Ownership” NFT...
Buterin donates $4M to Uni of NSW for pandemic detection tool
Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool. The capital, wh...
Top 3 Projects With Fully Diluted Market Cap Under $250M as per CryptoDep
2 hours ago | 2 mins read Altcoin News Moonriver is up 11.59% in the last 24 hours. Using its API, Swipe hopes to bridge the gap between the fiat and crypto worlds. Let us look at the top 3 projects w...
US prosecutors recommend minimum 1 year prison sentence for BitMEX co-founder Arthur Hayes
U.S. Prosecutors have filed a sentencing recommendation in the case against BitMEX co-founder Arthur Hayes seeking minimum one-year imprisonment. The prosecutors submitted the sentence recommendation ...
Prosecutors Seek Additional Jail Time for BitMEX Co-Founder Arthur Hayes
Key Takeaways Prosecutors in the U.S. have suggested that BitMEX co-founder Arthur Hayes should face more than one year of jail time. Hayes’ actions were previously said to carry six to 12 month...
Maker DeFi Token Jumps 30% as Users Turn to DAI Stablecoin Amid Terra’s Collapse
While crypto markets staged a rebound Friday morning, the MakerDAO governance token, MKR, was up 30% as investors bet on its DAI stablecoin amid Terra’s ongoing collapse. Early Friday, MKR was t...
Fearing a de-peg, Whales Dump $710 Million Worth of Tether (USDT)
Whales have been actively dumping their USDT holdings on the market after the danger of a de-pegging, according to the most current statistics from Santiment. The price of USDT briefly fell to $0.97 y...
Cardano [ADA] holders should know this as they continue wrestling a ‘cold ice bath’
It might be Friday the 13th, but the real scare for many bulls probably came a day earlier, when Bitcoin dropped below $27,000. However, as Bitcoin hit $30k again and the top ten cryptos by market cap...
Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg ⋆ ZyCrypto
Advertisement     Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been maki...
Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High
With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U.S. dollar have been th...
Bitfinex CTO plays down reports that Tether was in trouble
During a Twitter Spaces conversation on May 12, Bitfinex CTO Paolo Ardoino dismissed reports that Tether was in trouble. In the early hours of May 12, USDT had shown signs of de-pegging, as its price ...
Terra Community Must Revive Network, Do Kwon Urges
Key Takeaways Do Kwon has published a post on Terra’s governance forum presenting a plan to revive the network. Kwon has suggested issuing 1 billion new tokens for Terra community members. Kwon ...
Elon Musk temporarily suspends Twitter acquisition
Elon Musk temporarily suspends his $44 billion acquisition of Twitter, while waiting for some details. After his announcement on the social, Twitter’s shares fell 19%. Elon Musk and the temporary sus...
Amidst the Recovery Plan, Will Ever Terra(LUNA) Price Be Back on Track?
Terra’s UST losing its peg has created huge turbulence within the crypto space which destabilized many of the assets. However, a minor recovery with the LUNA or UST price was mistaken as a trend rever...
KICK.IO dives into their evolving roadmap!
The crypto world is as innovative and exciting as it’s fickle and dynamic. Understanding the market needs and keeping up with the latest trends and changes is crucial if we want to advance and reach n...
Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
Sam Bankman-Fried, the billionaire founder and CEO of cryptocurrency exchange FTX, has acquired a substantial 7.6% stake in the popular online brokerage, Robinhood. The news was well-received by the ...
DOGE Collapses 30% as 250 Million Dogecoin Get Shifted to Robinhood
Yuri Molchan Dogecoin has faced 30% fall after seeing 90% collapse since Elon Musk-pumped all-time high Contents Anon whales shift 250 million DOGE, Robinhood receives half DOGE down 30%, minus 90% si...
Do Kwon’s Spouse Gets Strange Visitor, Requests Police Protection
The quick decline of Terraform Labs-backed project Terra (LUNA) has been the talk of the week with millions of investors around the world impacted. Local reports allege that affected investors are now...
Robinhood (HOOD) Stock Jumps 25% after CEO of FTX Buys 7.6% Stake
FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months. On Thursday, May 12, Sam Bankman-Fried, CE...
Twitter Shares Drop 19% as Elon Musk Says $44B Acquisition Deal ‘Temporarily on Hold’
Twitter stock has plummeted more than 19% premarket after Elon Musk said that his $44 billion acquisition of the platform would be put “temporarily on hold.” “Twitter deal temporaril...
Symbiosis Integrates 1INCH to Enable Best Price Discovery
The multi-chain liquidity protocol Symbiosis has integrated the 1inch DEX aggregator to facilitate arbitrary asset swaps between EVM-compatible networks. The Symbiosis protocol manages stablecoin liqu...
1xBit Brings A New Hot Event
Sometimes it pays to leave your comfort zone and step into the Ice, and if possible, like the pure gold, let the burning furnace refine you. Why fear the Ice when the Fire can keep you warm? On 1xBit,...