Horror Ape Club Debuting With Giveaways of 26 NFTs on Telegram
16.5.2022
Horror Club recently conducted a giveaway event with several projects from the BNB Chain. The event took place on Horror Ape Club’s Telegram channel, and it gathered more than 150 participants trying to win multiple popular NFTs. The event was intended to bring together BNB projects and NFTs...
Japan’s Nomura Said to Launch Crypto Unit With DeFi and NFTs on Menu: Report
16.5.2022
Bitcoin and Ethereum Look for Direction, ADA and SOL Trimmed Gains
16.5.2022
Bitcoin price started a downside correction from the USD 31,500 zone and declined below the USD 30,000 support zone before recovering. It is currently (11:29 UTC) trading near USD 30,100 and is almost unchanged in a day. It’s still down 12% in a week....
Read More: Bitcoin and Ethereum Look...
Solana Bounces Back From Lows; Can SOL Sustain It?
16.5.2022
Solana stands at the $53 level, with volatility projected to continue for some time. Solana maintains its 8th position on market capitalization even today, while ETH and ADA remain ahead of this new-age crypto chain. SOL is down by 70% over the last year, but it could soon become the eye candy...
Morgan Stanley Says NFTs Next to Watch After UST Collapse
16.5.2022
Most speculative and leveraged areas of crypto markets now in focus, the bank’s analysts said
David Marcus Launches Bitcoin Payments Startup Lightspark
16.5.2022
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities...
Bitcoin Sees Seven Straight Weeks of Losses For the First Time
16.5.2022
Fears of inflation and poor macroeconomic sentiment have caused bitcoin to fail as an inflation hedge in recent weeks
Crypto Hedge Fund Elwood Closes $70M Funding Led by Goldman Sachs and Dawn Capital
16.5.2022
Australian Tax Office Warns Crypto Investors on Capital Gains Obligations
16.5.2022
The Australian Taxation Office (ATO) has published a guideline that sets out warnings for crypto investors on tax obligations around digital assets and NFTs
FTX CEO sees no future in Bitcoin payments, community fires back
16.5.2022
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times
Luna Foundation Says Nearly Entire Bitcoin Stack Spent, Promises Compensation to UST Users
16.5.2022
The Luna Foundation Guard (LFG), the entity whose task was to maintain the stability of the terraUSD (UST) peg, said it spent nearly all of its bitcoin (BTC) held in reserves to defend UST’s dollar peg as it collapsed. But from what is left, users of the failed stablecoin will be compensated...
Terra’s Fall Creates Ripples Among DeFi Networks
16.5.2022
The impact of Terra plummeting to $0 has crossed the ecosystem and created a chain reaction that brought down several DeFi networks and applications. Statistics confirm that the total TVL of the DeFi ecosystem lost nearly $100 million, fueled by this event. The current crisis is seen as a blow...