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U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?
26.5.2022
Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling
Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
25.5.2022
The firm, which provides crypto financial services to institutional investors, is valued at $2 billion
Power of the People: DAO Tokens like Sanzooz Finance & Uniswap Democratize Crypto!
25.5.2022
DAO Tokens are evolving in the crypto market and are becoming more and more desirable. Such tokens involve the investors in the decision-making process, which provides them with an additional sense of security with a promise of profits. DAOs (Decentralized Autonomous Organisations) are open-source...
Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z
25.5.2022
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s chief executive Dana Gibber says...
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
24.5.2022
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account...
Elk Finance Partnering With RadioShack for Farm Listings
24.5.2022
Elk Finance recently announced a partnership with RadioShack. The collaboration will see Elk Finance accessing liquidity pools on Ethereum, farm listings, co-marketing events, and expanding its interoperability elements. The network will launch its $ELK – $RADIO farms on Polygon...
Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam
23.5.2022
South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in...
The ‘Lunatic’ Movement: A Look at Terra LUNA’s Inception and the People That Helped Do Kwon Rise
23.5.2022
After the LUNA and UST meltdown, many crypto investors have been curious about the project’s rise in popularity and people wonder about the background of Terra’s co-founder Do Kwon. Moreover, it is not commonly known that Terraform Labs was also founded by Daniel Shin, the founder...
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...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
21.5.2022
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation...
Report: EA Looking To Sell Or Merge
21.5.2022
The video game market is consolidating like never before, and Electronic Arts is scrambling like everyone else. The Battlefield and FIFA maker recently pursued a merger with NBCUniversal, and also held potential acquisition talks with Disney, Apple, and other companies, according to a new report...
3 red flags that signal a crypto project may be misleading investors
20.5.2022
The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities
Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more
20.5.2022
Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter
DeFi Protocol iZUMi Finance Raises $30M, Launches Exchange
20.5.2022
The funds were raised through the sale of bond vouchers and claims to back the new iZiSwap decentralized exchange
Crypto Should Meet Same Norms as Regular Finance, G7 Says
20.5.2022
Finance ministers want to see financial-stability and money-laundering standards in effect soon
GameStop Jumps Into NFTs Just As The Market Collapses
20.5.2022
The NFT market, and other blockchain-associated grifts like cryptocurrency, are having a very bad month, as their perceived “value” evaporates and whatever actual monetary value they had falls through the floor. To which GameStop says: lol.Read more
G7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report
19.5.2022
G7 ministers meeting in Germany want the Financial Stability Board to act faster after the collapse of stablecoin terraUSD
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
19.5.2022
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during...
Curve Finance Proposes to End CRV Token Emissions on All UST Pools
19.5.2022
On-chain participants are already voting “yes” to end CRV emissions from any liquidity pools involving UST
Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout
18.5.2022
On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events...