UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
10.5.2022
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover....
Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
10.5.2022
ETH/BTC rallies to test its 'ascending triangle' pattern for a bullish breakout
Cipher Mining Raises 2022 Hashrate Forecast by 0.5 EH/s
10.5.2022
The firm attributed the increased hashrate guidance to improved machine allocation from rigmaker MicroBT
Sand Dollar CBDC Could ‘Foster Financial Inclusion’ in the Bahamas - IMF
10.5.2022
The Sand Dollar, a central bank digital currency (CBDC) developed by the Bahamas, has the potential to “foster financial inclusion and payment system resilience” in the Caribbean nation, a new report from the International Monetary Fund (IMF) has said....
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Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
10.5.2022
Founder and CEO of business-intelligence software company MicroStrategy (MSTR) Michael Saylor has suggested there is no need for the firm to sell the large quantity of bitcoin it has accumulated
Decentralization is helping to shape the course of scientific research and business
10.5.2022
Decentralized science, dubbed DeSci, is creating new markets for knowledge and new opportunities on commercial markets
SPiCE VC Launches $250M Blockchain Fund Targeting Institutional Investors
10.5.2022
The firm previously raised $50 million for a tokenized fund focused on financial verticals, but its second fund will invest more broadly
UK Promises New Laws to Promote, Seize Crypto
10.5.2022
Prince Charles promised legislation on economic crime and financial services as he formally opened a new session of parliament
Can Solana become the dominant PoS chain despite persistent outages?
10.5.2022
The Solana network seems to be battling persistent outages while seeking to address the industry’s trilemma
Dapper Labs Debuts $725M Ecosystem Fund for Flow Blockchain Development
10.5.2022
A16z, Coatue and Union Square Ventures are all committing money
Huge Potential Crypto Scam Avoided
10.5.2022
May 10, 2022, Tallinn: Cryptocurrency investors and entities are becoming victims of scammers more frequently as the industry’s popularity is rising. Articles and news pieces are published daily describing unknown ways that malicious actors might get a hold of sensitive user data. Millions...
Boba Network to Offer Lower Gas Fees on Ethereum via BOBA Token
10.5.2022
The network has implemented single-token gas payments on its blockchain, allowing users to pay 25% lesser in gas fees if they use BOBA instead of ether