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LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
6.6.2022
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1...
'Move-to-Earn' Application Stepn Suffers Cyber Attack After Upgrade
6.6.2022
Stepn, a "move-to-earn" application on the Solana blockchain that gives users cryptocurrency rewards from walking or jogging, suffered multiple distributed denial of service (DDOS) attacks following a recent upgrade
Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade
6.6.2022
Apart from trying to get rid of cheating and bots, Stepn is also working to limit its platform’s availability for users in mainland China
Indian Terra Investors Brace for Another Blow After LUNA 2.0 Airdrop Under New Tax Laws
6.6.2022
Terra network coin holders in India are facing a “double whammy” following the LUNAC and UST crash last month – and could be hit with 30% tax bills from the recent LUNA 2.0 airdrop.
The genesis airdrop was made on May 30, with LUNAC holders distributed tokens now known as LUNA. However...
A life after crime: What happens to crypto seized in criminal investigations?
5.6.2022
Like with any kind of property, law enforcement has the right to sell your coins and spend the money
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
4.6.2022
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized...
Japan Adopts Legislation Establishing Legal Framework for Stablecoins
3.6.2022
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of...
Alchemy announces support for Solana Web3 applications the day after blockchain halted
3.6.2022
The Web3 development platform and infrastructure provider will support Solana-built applications, despite the blockchain halting multiple times in 2022
Firstrade Lists ENJ, MKR, BNT & COMP
3.6.2022
Just weeks after launching its cryptocurrency trading platform, online brokerage Firstrade Securities has already begun expanding its available crypto listings. The most recent additions to the tradeable crypto coins on Firstrade are ENJ (Enjin), Maker (MKR), Bancor Network Token (BNT) and Compound...
Kanye West Files Trademarks Describing NFT Technology After Denouncing the Digital Collectible Concept
2.6.2022
According to trademark filings with the United States Patent and Trademark Office (USPTO), the American rapper Ye (commonly known as Kanye West) is getting into the world of non-fungible tokens (NFTs) and the metaverse. The record producer’s company Mascotte Holdings Inc. filed...
After record growth, VC crypto investments decline 38% in May
2.6.2022
Venture capital investments in the crypto industry have almost doubled since last year, but are down 38.2% down since April
U.S. Labor Department Sued After Warning 401(k) Providers About Allowing Crypto Investments
2.6.2022
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to “exercise extreme care” before considering adding cryptocurrencies to a retirement plan’s investment menu. Today, the agency is being sued for it
Staked Ether Discount After Terra Collapse a Sign of Liquidity Crunch in Crypto
2.6.2022
The price gap between the locked-up ether (stETH) and spot ether (ETH) might be a sign of traders demanding compensation for Ethereum’s "Merge" risks, a FundStrat analyst said
Terra Whistleblower Publishes Alleged Chat Log Between Do Kwon and Network Validators
2.6.2022
Over two weeks after the Terra LUNA and UST fallout, a whistleblower dubbed “Fatman” published an alleged chat log between the project’s co-founder Do Kwon, Terra validators, and infrastructure providers from the Terra blockchain community. If the chat log is legitimate, Fatman...
Chiliz Consolidates After the Fall; Will CHZ Price Move Up?
2.6.2022
CHZ presents itself as the native token of sports-focused crypto blockchain. Instead of launching an Initial Coin Offering, Chiliz offered a Fan Token Offering or FTO. It works as the internal currency for the social platform, which the fans can use to interact with the team jersey designs...
YouTuber Pulls Nintendo Soundtracks After Receiving Over 500 Copyright Claims
2.6.2022
DeoxysPrime, who runs a YouTube account with 165,000 subscribers that is home to all kinds of video game soundtracks, has had to remove their entire library of Nintendo music after receiving over 500 copyright claims from the trigger-happy company. Read more
Reliably unreliable: Solana price dives after latest network outage
2.6.2022
Solana has suffered its fifth outage of 2022, and the year is only five months old. A bug-related consensus failure was the culprit this time
SEC Goes After Crypto Investing With Game Show Ads
1.6.2022
The U.S. Securities and Exchange Commission is warning investors away from casual crypto speculation through mock game-show style videos
Optimism's OP Token Plummets After Botched Airdrop
1.6.2022
A controversial Optimism governance proposal is pushing for some wallets that sold the airdrop to be banned from future airdrops
Creating a Lasting Legacy With Lifestory — Leave a Trace of Yourself Behind
1.6.2022
Leaving a lasting legacy is one of the most important things we can do in life. It’s not only a way to ensure that we’re remembered after we die, but it also gives our loved ones a sense of closure and allows them to move on with their lives. Unfortunately, it’s hard to leave...