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Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May
29.5.2022
Crypto markets strike out on their own as May comes to a close — but not in the direction that anyone hoped for
Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review
29.5.2022
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s...
Struggling On-Chain Governance Experiment Tests Itself With New Experiments
29.5.2022
Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place this year, it seems that the concept of on-chain voting is having it harder...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions
29.5.2022
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat in early 2023 instead of 2024, as originally planned. CBR to Launch...
Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics
29.5.2022
The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has launched with blockchain elements present. The game, which has been designed for mobile and PC platforms, introduces a token system that lets players use their...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
28.5.2022
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an all-time high (ATH) roughly 20 minutes later...
USDD vs UST: Is Justin Sun's New Stablecoin Just a Clone of UST?
28.5.2022
UST, a stablecoin that's supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were...
New Terra Blockchain Goes Live
28.5.2022
After a delay on Friday, the new Terra (LUNA) blockchain started producing blocks on Saturday in an attempt to relaunch its ecosystem after a spectacular failure that erased billions in market value.
"Today marks the beginning of the next chapter for the Terra community; one in which...
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
28.5.2022
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields...
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide
27.5.2022
According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible token (NFT) company headquarters in the world. While the U.S. captures more than 41% of the NFT companies worldwide, the second largest number of NFT startup...
How StableFunds Has Made It Extremely Easy to Trade Altcoins
27.5.2022
UK-based StableOne’s newest venture, an app called StableFund, is spearheading a new outlook on crypto. This innovative app is all set to make the lives of crypto investors a lot better. Built on the Polygon chain and powered by sophisticated technology, this state-of-the-art AI trading...
Sideways Markets Not a New Thing for Bitcoin: An Overview of Bitcoin Consolidations
27.5.2022
Bitcoin (BTC) trading sideways may be boring for those trying to profit from the price swings, but it is far from a new thing for the original cryptocurrency to do (relatively) nothing....
Read More: Sideways Markets Not a New Thing for Bitcoin: An Overview of Bitcoin Consolidations
This New Portable Gaming Console Is Hands-Down The Best Way To Play Emulated Games
27.5.2022
The Steam Deck has unquestionably revitalized people’s interests in handheld gaming on anything other than a Switch. But had it never happened, 2022 would still have been a year packed with Switch-sized gaming devices, primarily thanks to evolutions in the world of emulation. Right at the front...
Terra’s New Chain Launch Pushed to Saturday, NFT Projects Get an Invite to Move to Polygon
27.5.2022
The launch of the new Terra (LUNA) blockchain has been pushed back one day and is now expected to go live this Saturday. The launch is readying as the Terra community voted to burn a portion of the old terraUSD (UST) supply, while some projects are migrating to other blockchains....
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New Terra Blockchain Expected to Launch on Saturday, Luna Airdrop to Follow
27.5.2022
The move is part of a broader plan to help revive the Terra ecosystem and its related tokens
Bitrue Launches New Yield Farming Pools for Dogecoin and Shiba Inu
27.5.2022
The newsletter for six new Yield Farming pools on Bitrue was shared on Thursday. As per the announcement, the crypto exchange will dedicate these new pools to Shiba Inu and Dogecoin with a 7% annual percentage yield. The pools are slated to go live on May 27 at 13:00 UTC. Bitrue is one of...
Cursed Mafia III Studio Hangar 13 Hit With New Round Of Layoffs
26.5.2022
Hangar 13 can’t catch a break. The studio behind Mafia III, which suffered multiple rounds of layoffs in the years that followed its 2016 launch, is once again on the chopping block. Kotaku has learned that in addition to a steady stream of departures, developers across the studio’s three global...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...
Enjoyable Disaster Morbius Finds Thousands Of New Fans On Twitch, And I'm One Of Them
26.5.2022
You can find lots of things being broadcast on Twitch. Video games, political commentary, podcasts and e-speeddating events, even erotic ASMR. And sometimes, just sometimes, when you’re on the Amazon-owned livestreaming platform, you’ll find a 24/7 loop of an entire film for your viewing pleasure...