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Terra Founder Do Kwon Supports Community's UST Proposal; LUNA Drops to $2.2

11.5.2022
Kwon said Terra endorses a community proposal that seeks to bring UST back to its intended $1 peg

Lloyd’s-Licensed Broker Launches Crypto Insurance Product

11.5.2022
The Daylight insurance offering for crypto firms begins with technology liability and cyber insurance

New York digital media company the latest to add Bitcoin to balance sheet

11.5.2022
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter

Bitcoin Miner Riot First Quarter Revenue Misses Estimate

10.5.2022
The miner reiterates its hashrate guidance of 12.8 EH/s

Bitcoin Miner CleanSpark Tops Quarterly Estimates

10.5.2022
The company funded its growth and capital expenditure plans with the sale of mined bitcoin

UST Backer LFG Seeks $1B to Shore Up Stablecoin Peg: Report

10.5.2022
The funding comes as the dollar-pegged stablecoin dropped as low as $0.60 yesterday amid broader market turmoil

Coinbase Q1 Revenue Misses Estimate, Trading Volumes Fall From Previous Quarter

10.5.2022
The U.S. crypto exchange's trading volumes declined from $547 billion in the previous quarter to $309 billion

Switch Is Still Outselling Everything Else Despite Ongoing Chip Shortage

10.5.2022
Today, in its annual earnings statement, Nintendo cited the ongoing chip shortage as a reason for a precipitous annual dip in Switch hardware sales…while in the same breath saying it hit company targets. Well, technically.Read more

Argentina Bears Down on Crypto Miners Amid Power Shortage

10.5.2022
Some registered companies saw a 400% increase in their electricity bills in March, while unregistered miners do not plan to stop using subsidized residential tariffs

Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight

10.5.2022
Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities

Sony Bets New PS5 Stock On A Post-Covid World (Whenever That Happens)

10.5.2022
We’re over a year into the PlayStation 5’s lifecycle and Sony still can’t make anywhere near enough of them. It hopes that could change soon. The company is promising to sell 18 million more PS5s in the next year if the current covid lockdown in China only lasts a couple of months. With the global...

Paradigm Enters Africa With $30M Round for ‘Super App’ Jambo

10.5.2022
The Congo-based startup is building a platform for Web 3 user acquisition

ApeCoin for All? Co:Create Raises $25M to Help NFT Projects Launch Tokens

10.5.2022
The funding could lead to big-name NFT projects following in the footsteps of Bored Ape Yacht Club

New Nintendo Numbers: If Mario Kart 8 Keeps Selling Like This, We’re Never Getting A Sequel

10.5.2022
If you were holding your breath for news of Mario Kart 9, you might as well exhale. The racer’s immediate predecessor, Mario Kart 8 Deluxe, is still one of publisher Nintendo’s best-selling games on Switch. It has sold a hair short of 10 million copies over the past year, according to an earnings...