Mexican Crypto Exchange Bitso Launches Stable Yield Program
11.5.2022
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on...
Pet Frens Is Minting Live NFTs on BNB Chain
11.5.2022
After a successful venture with Cat Frens, the NFT community is already onto its next Pet Frens project. This new NFT collection will include 6666 unique hand-drawn non-fungible tokens representing the essence of the community. Pet Frens NFTs also open up other opportunities like staking...
FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund
11.5.2022
Venture capital continues to target crypto and fintech for funding, with Web3 emerging as a major trend in 2022
Stepn’s ‘Move-to-Earn’ Model Has Crypto Analysts Seeing Value in Long Run
11.5.2022
This blockchain-based application's users must purchase a "virtual sneaker" NFT to earn crypto rewards. Consumer advisory: They start at around $800
Global Financial Stability Watchdog FSB Says It Could Write Crypto Rulebook
11.5.2022
The Basel-based FSB joins tax and money-laundering bodies in responding to calls for coordinated action
After a Rough First Quarter, Coinbase Expects This One to Be Even Slower
11.5.2022
The crypto exchange giant Coinbase is bracing for a slow second financial quarter – noting that crypto volatility and prices slumped last month – forecasting a drop in users and trading volume to continue into FY2022 Q2.
In its latest letter to shareholders, the company revealed that trading...
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to '$138K' in UST
11.5.2022
All bets are off as volatility takes complete hold of Terra's tokens and a return to a U.S. dollar peg seems nowhere in sight
UST Falls to $0.35, Terra Futures See $106M in Liquidations
11.5.2022
Some 58% of LUNA traders were betting on higher prices even as the tokens fell yesterday
Bitcoin Flirts With $30K During Asia Trading Day as Luna Foundation Guard Fights to Defend UST Peg
11.5.2022
High balances on exchanges due to LFG using bitcoin reserves to defend stablecoin peg, says Glassnode analyst
Indian central bank’s 'informal pressure' disrupted payments: Coinbase CEO
11.5.2022
"I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling," said Coinbase CEO Brian Armstrong
Coinbase Share Prices and Number of Active Users Fall
11.5.2022
Coinbase published its financials for the first quarter of 2022. Investors observed a fall of 12% in the stock price in after-hours trading. Revenue came to $1.17 billion, out of which $1 billion came from the cut in trading fees. $152 million was collected in revenue from subscriptions...
UST and LUNA Keep Collapsing, No Word from Do Kwon on Promised 'Recovery Plan'
11.5.2022
Both terraUSD (UST) and terra (LUNA) still can't find their price bottom today.
UST, the algorithmic stablecoin built on the Terra blockchain, is continuing to collapse on Wednesday, after initially losing its US dollar peg on Monday. The price crash comes as Terra founder Do Kwon has gone...