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Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...
Top 5 Most Expensive NFTs
22.5.2022
2021 will go down in history as the year when crypto witnessed massive user adoption, largely thanks to the non-fungible token (NFT) boom. NFTs went mainstream, catching the attention of millions around the globe.
Today, with its ups and downs, the NFT space continues to expand while its total...
Draft Law About NFTs Submitted to Russian Parliament
21.5.2022
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose...
Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins
21.5.2022
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second...
How to incorporate a DAO and issue tokens to be ready to raise money from VCs
21.5.2022
While DAOs can't precisely replace traditional VCs, they can potentially disrupt the crypto industry
Blockchain, crypto set to take sports industry beyond NFT collectibles
21.5.2022
Deloitte expects an eventual rise in blockchain-enabled innovations; as a result, “The use of NFTs, crypto, fan tokens, and ticket innovations will grow and evolve.”
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
20.5.2022
Risk-off conditions remain intact as volatility returns to stocks and cryptos. Meanwhile, DeFi tokens are lagging behind bitcoin (BTC)
SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse
20.5.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terra (LUNA) and stablecoin terrausd (UST). SEC Chair Gensler’s Warning After LUNA and...
Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX Tokens
19.5.2022
Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold
NFT Sales Volume Down by Nearly 55% Amid Crypto Downturn
19.5.2022
Sales of non-fungible tokens (NFTs) have plunged by more than 54% over the past week as the crypto market dropped sharply.
Over the course of the past week, NFT sales volume reached USD 25m, a drop of 54.6% compared to the earlier week, according to data by NonFungible.com.
Similarly,...
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
19.5.2022
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded...
Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data
19.5.2022
Bitcoin lost support at $30,000 as Chinese technology stocks sold off on Thursday amid earnings worries a day after hawkish comments from the U.S. Federal Reserve
Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan
18.5.2022
A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
18.5.2022
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...
‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance
18.5.2022
Peter Grosskopf, co-founder of the DeFi project Unstoppable Finance, tells Cointelegraph auf Deutsch what he thinks about new regulations for DeFi
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
18.5.2022
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their...
Axie Infinity, NFT and Other Projects Fall Victims of a Phishing Attack
18.5.2022
Messaging platform Discord servers of multiple large NFT collections and crypto projects, including play-to-earn game Axie Infinity, have been compromised, with attackers publishing phishing links that appear to be NFT mints.
Some other affected projects include popular NFT collections...
Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth
18.5.2022
Local Japanese government bodies are set to begin metaverse projects – and may make use of NFTs and avatars in a new virtual space.
The ball is beginning to roll in Yabu, a city in the nation’s Hyogo Prefecture, where local authorities have teamed up with Yoshimoto Kogyo, one of Japan’s biggest...
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants
17.5.2022
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include...
Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%
17.5.2022
Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during...