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LUNA Exchange-Traded Product Issuances Halted After Price Shellacking
13.5.2022
After Terra's Collapse, Cryptoverse Reflects on ‘Ponzi-like Assets’, Role of VCs, and 'Ignorant' Crypto People
13.5.2022
It’s time for some self-reflection in the crypto community after the spectacular collapse of the terraUSD (UST) stablecoin and the entire Terra (LUNA) ecosystem.
A debate about what crypto investing should be like, how crypto projects are promoted and whether ‘bitcoin-only’ is the best strategy...
Coinbase, MicroStrategy and Other Crypto Stocks Finally See Some Relief After Recent Losses
13.5.2022
Shares of many crypto-related stocks had been battered during the week
‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps
13.5.2022
Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. After temporarily halting the Terra blockchain...
Hong Kong Police Arrest Conman After He Vanished With Over $191K Belonging to a Crypto Trader
13.5.2022
Hong Kong police have arrested a man accused of stealing $191,085 from a cryptocurrency trader in what turned out to be a bogus transaction. No funds were recovered at the time of the suspect’s arrest and investigations are ongoing to determine if the man had accomplices. No Funds Recovered...
First Mover Americas: Bitcoin Holds $30K After Turbulent Week, Altcoins Trade Up
13.5.2022
The latest moves in crypto markets in context for May 13,2022
Binance Coin (BNB) is Ready for Rally After Initiating a Recovery!
13.5.2022
Binance is one of the largest crypto exchanges that rival market leaders like Coinbase, Gemini, and FTX. Binance decided to create an efficient blockchain to handle data management. At first, their Binance Chain was blockchain, focused only on the Binance exchange but soon transitioned towards...
Tether Recovers After Stabecoin Regains Peg
13.5.2022
The USDT stable coin got itself back up just as Tether’s CTO Paolo Ardoino assured investors that the peg was not broken. The assurance came through a Twitter Space session with Ardoino on Thursday. He also confirmed that Tether has no issues with redemptions, including the $600 million...
Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
13.5.2022
Shares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company
Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted
13.5.2022
Ruja Ignatova, mastermind of the notorious pyramid Onecoin, is now one of Europe’s most wanted fugitives. Also known as the “Crypto Queen,” she disappeared almost five years ago, after the Ponzi scheme she led collected billions of dollars from defrauded investors around...
Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free
12.5.2022
Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold 12 months after acquisition
LUNA Issuer Terra Halts Blockchain After Week of Losses
12.5.2022
The price of LUNA has fallen too low to prevent governance attacks, according to Terraform Labs
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
12.5.2022
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed...
ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
12.5.2022
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market
Bitcoin 'kisses' $24K realized price after 2nd highest seller losses in history
12.5.2022
The classic bottom zone reappears on the back of serious sell pressure stoked by mayhem on stablecoin markets
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI
12.5.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India...
Arrington Capital Scrubs $100M Anchor Yield Fund From Website After UST Upheaval
11.5.2022
The noted crypto investment firm removed mention of the fund from its website, citing decreased demand
After DeFi, DeSoc: Finding Web 3’s Soul
11.5.2022
By using Web 3’s building blocks to represent social identity, the ecosystem can overcome its current limitations and bring about a decentralized society
Lawsuit Claiming Steam Gives Valve Too Much Power Is Moving Forward After All
11.5.2022
A U.S. district judge has decided that an antitrust lawsuit against Valve over how it operates and uses the Steam platform can move forward. The company suing Valve, Wolfire Games, alleges that the Half-Life and Portal developer uses its digital storefront and its huge amount of control over the...
Galaxy Digital Shares Jump 5.5% After Buyback Announcement
11.5.2022
GLXY has dropped by about 20% since Monday, when the firm reported $111.7 million in losses