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Terra Honeypot Scam, Blocked Bored Ape NFT Sale, FTX Offers Stocks + More News
19.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Terra Honeypot Scam, Blocked Bored Ape NFT Sale, FTX Offers Stocks + More News
How will GameFi and P2E blockchain gaming evolve in 2022? Report
19.5.2022
2021 was a massive year for GameFi, but how can it evolve and thrive in 2022 and beyond? Cointelegraph Research has the answers
Indian government's ‘blockchain not crypto’ stance highlights lack of understanding
19.5.2022
India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
19.5.2022
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during...
ChainSafe Joins the Blockchain Game Alliance
19.5.2022
Today, ChainSafe, leading blockchain research and development firm, officially announced they had joined the Blockchain Game Alliance (BGA). The consortium is committed to promoting blockchain within the gaming industry and provides alliance members with a network to share knowledge, collaborate...
What is Sorare and how to play it?
19.5.2022
Sorare is a football fantasy game in which participants use digital player cards to buy, sell, trade, and manage a virtual team
Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse
19.5.2022
On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to the band’s virtual land...
Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout
18.5.2022
On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events...
Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon
18.5.2022
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens...
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
18.5.2022
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...
Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
18.5.2022
The firm said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed
3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout
18.5.2022
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow...
Kommunitas Schedules Hosting First INO With iSTEP
18.5.2022
Kommunitas announced that it would host the first INO with iSTEP on May 19, 2022. The minimum number of KOM required to participate in the process is 50,000. A total of three iBoxes will go on sale. Details for the same are depicted below. Particulars Includes Best For Average Speed Price Per...
Blockchain Gaming Developer N3TWORK Studios Closes $46M Funding Led by Griffin Gaming
18.5.2022
Blockchain gaming developer and publisher N3TWORK Studios has raised $46 million in a series A funding round to aid production of web 3 games Legendary: Heroes Unchained and Triumph
Why decentralized messaging apps will replace today’s social media platforms
18.5.2022
Centralized communication platforms prove to be an easily identifiable weakness in activist movements
Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’
18.5.2022
A plan to revive the Terra (LUNA) ecosystem by creating a new blockchain without an algorithmic stablecoin has been designated as “final” by Terraform Labs CEO and co-founder Do Kwon.
By creating a new blockchain with its own native token, Do Kwon’s revival plan would airdrop the new token...
Argo Blockchain Q1 Net Income Plunges 90% $2.1 Million
18.5.2022
Argo Blockchain (ARB) reported net income of £1.6 million ($2.1 million) in Q1, a drop of over 90% compared to the corresponding quarter a year earlier
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants
17.5.2022
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include...
Jump-Backed Wormhole Bridge Expands to Algorand Blockchain
17.5.2022
The cross-chain bridge is hoping to capture some of Algorand’s $136 million in DeFi TVL
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
17.5.2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...