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After a Rough First Quarter, Coinbase Expects This One to Be Even Slower
11.5.2022
The crypto exchange giant Coinbase is bracing for a slow second financial quarter – noting that crypto volatility and prices slumped last month – forecasting a drop in users and trading volume to continue into FY2022 Q2.
In its latest letter to shareholders, the company revealed that trading...
Terra’s LUNA Drops to Under $8 After 90% Weekly Plunge
11.5.2022
Value locked on Anchor, Terra’s largest DeFi protocol, dropped some $11 billion in the past two days
Indie Russian news firm raises $250K in crypto after sanctions cripple finances
11.5.2022
Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine
Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss
11.5.2022
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call
UST Resumes Spiral After Quiet Day Orbiting 90 Cents
11.5.2022
TerraUSD fell below $0.90 late Tuesday after 12 hours of relatively stable price action
Michael Saylor assuages investors after market slumps hurts $MSTR, $BTC
10.5.2022
As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans
EA's FIFA Series Loses Its Name After Nearly 30 Years
10.5.2022
Next year’s FIFA won’t be called FIFA anymore, EA announced Tuesday. The mega sports franchise is parting ways with soccer’s international governing body and will be renamed EA Sports FC, but EA promises nothing else will change.Read more
Halo Infinite Pro Player Fined After Cursing Out Shooter’s Rocky Second Season
9.5.2022
Whatever your opinions of Halo Infinite, you can rest assured knowing you won’t take a financial hit for airing them. The same can’t be said for one of the best Halo players on the planet, who was recently fined after he shared some pointed criticism of the game’s ballyhooed season two update.Read...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
9.5.2022
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation....
Bitstamp Appoints JB Graftieaux as CEO After Julian Sawyer's Departure
9.5.2022
Bitstamp, Europe's largest crypto exchange, has appointed former chief compliance officer JB Graftieaux as its new CEO following the departure of Julian Sawyer
Kids 'Tipping' Streamers & Watching After 10pm Is Being Banned In China
9.5.2022
On Saturday the Chinese government announced a number of changes to the way kids can access and interact with content online, with the National Radio and Television Administration saying “platforms need to step up controls to stop underage users from tipping livestreamers or becoming livestreamers...
Bitcoin price target now $29K, trader warns after Terra weathers $285M 'FUD' attack
8.5.2022
Doom and gloom continues for Bitcoin markets as Terra's Do Kwon brushes aside a "deliberate and coordinated" attack on its TerraUSD and LUNA tokens
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
8.5.2022
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin...
Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
7.5.2022
Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project...
Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services
7.5.2022
The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurrency purchasing services from their apps. The measure is said to be directed at mitigating risks...
Anchor Protocol rebounds sharply after falling 70% in just two months — what's next for ANC?
7.5.2022
The total value locked inside the Anchor Protocol's liquidity pools reached an all-time high earlier this week
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
7.5.2022
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament. Russian Miners Using...
Bitcoin Liquidations Lead $400M in Futures Losses After Drop to $35.7K
6.5.2022
Crypto markets saw the highest amount of liquidations so far this month
Here’s why blue-chip NFT prices continue to soar nearly a week after the Otherside mint
5.5.2022
Most of the NFT market is in a downtrend, but data shows funds continuing to flow into blue-chip tier projects
Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds
5.5.2022
The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions