Madonna nude NFT launch triggers a mix of emotions from the community
12.5.2022
From being inspired to bashing the artwork’s “flaws,” the community responded to Madonna and Beeple’s latest NFT drop
Fantom Looks Oversold; Will FTM Revive?
12.5.2022
Understanding the conditions behind the ongoing crypto market crash and Bitcoin stumbling to unfathomable lows is key to assessing the market sentiment. There have been numerous instances when Bitcoin and crypto giants are referred to as stable and storage value assets. New crypto stablecoin...
Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%
12.5.2022
The proposal comes amid ongoing concerns regarding the long-term stability of Terra tokens LUNA and UST
Chainalysis Raises $170M at $8.6B Valuation
12.5.2022
The crypto sleuthing firm says it tools monitor $1 trillion worth of transactions every month
Terra (LUNA) Cryptocurrency Collapses 98% Overnight!
12.5.2022
The Terra (LUNA) price has fallen 99% within a day. It was one of the top 10 cryptocurrencies, but now its rank has fallen to 121. The market cap has also dropped by more than 76%. The price fall washed away the hard-earned money of the investors. Twitter is overflowing with the news. Many...
ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
12.5.2022
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market
Bitcoin, Ethereum, and Altcoins Try to Trim Losses, LUNA Tests New Lows
12.5.2022
Bitcoin price remained in a bearish zone below USD 30,000 support. BTC even broke the USD 27,500 support and spiked below USD 27,000. It is currently (11:47 UTC) correcting higher near USD 28,770 but is still down 9% in a day and 28% in a week.
Similarly, most major altcoins are down in double...
BOBA Token Can Now Be Used to Pay Gas Fees
12.5.2022
The BobaDAO proposed a governance protocol to allow gas fee payments in BOBA tokens earlier in April. As surprising as it may seem, the decision got a whopping million BOBAs voting in favor of it while not a single vote was cast against it. Now, the network has moved forward with the decision after...
OpenSea Plans a System to Crack Down on Fake NFTs
12.5.2022
OpenSea is soon looking to implement a system that helps the platform identify and spot the non-fungible token that is fake or copy-mint of the original work. Additionally, the system will assist OpenSea in verifying its users’ accounts. Highly developed systems and trained humans will...
Bitcoin Dominance Rises as ETH/BTC Breaks Down
12.5.2022
The bitcoin (BTC) dominance – bitcoin’s share of the overall crypto market capitalization – has risen sharply over the past two days, as the price of ethereum (ETH) has broken lower against BTC.
Since Wednesday this week, the bitcoin dominance has risen from under 42% to 44.3% as of Thursday...
Report: Tanzania Closer to Launching a CBDC
12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...
Lighthouse Raises $7M to Be the Search Engine of the Metaverse
12.5.2022
The platform is looking to bring interoperability to an array of virtual worlds