Terra Backers Delphi Digital and Hashed Lick Their Wounds After UST and Luna Collapse
19.5.2022
Delphi says Terra-affiliated tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion
BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
19.5.2022
Concerns of a so-called crypto winter are unfounded, the second-largest U.S. bank said in a note
FTX US Debuts Stock Trading in Push for Bigger Slice of US Retail Pie
19.5.2022
Brokerage accounts can be funded with the stablecoin USDC, the exchange said
Tether in the Spotlight After USD 9B Worth of Redemptions
19.5.2022
The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse.
The redemptions have come despite USDT trading on exchanges within a rounding error of its USD...
How Do You Tax an NFT?
19.5.2022
Plans to share bitcoin data with foreign tax authorities may be hard to adapt to transparent, decentralized blockchains – but once in place, new rules are hard to shift
DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains
19.5.2022
Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains
What is Sorare and how to play it?
19.5.2022
Sorare is a football fantasy game in which participants use digital player cards to buy, sell, trade, and manage a virtual team
South Korean LUNA Buying Skyrockets, Token Trading at Huge Premium on Domestic Exchanges
19.5.2022
While some furious South Korean crypto investors are readying multiple lawsuits for Do Kwon and the masterminds of the troubled terra (LUNA) protocol, others in the country are snapping up LUNA tokens at rock-bottom prices – even though the coin is currently being delisted from most major...
Nomura’s Digital Division to Focus on Cryptocurrencies First, DeFi Later
19.5.2022
The Japanese bank is one of the first institutions to say it will go beyond trading and research to delve deeper into the crypto ecosystem
Bitcoin trades in $29K 'no man's land' as Tesla ESG fallout routs stocks
19.5.2022
Tesla's removal from the S&P 500 adds to an already bearish trajectory while BTC/USD stays stuck below $30,000
South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
19.5.2022
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn
19.5.2022
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase...