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Twitch Streamer Nearly Burns Down Kitchen
12.5.2022
Streamer Kjanecaron was doing a subathon earlier today for her 92,000 followers and decided to spend some of that time doing some cooking. It was a bad idea.Read more
Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collapse
11.5.2022
“UST will ultimately maintain its peg,” the hedge fund told partners Tuesday in a note obtained by CoinDesk
ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
11.5.2022
A botched minting process and the collapse of Otherdeed’s price have taken a toll on ApeCoin, leading investors to question APE’s future utility and value
Biggest Movers: SOL, NEAR, and AVAX Drop More Than 20% Lower on Wednesday
11.5.2022
Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as traders continued to digest the recent crash in the price of LUNA and UST. Solana (SOL) Solana was down by over...
Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions
11.5.2022
Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed...
5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties
11.5.2022
Regulators in five U.S. states issued emergency orders on Wednesday requiring a metaverse casino with alleged Russian ties to immediately halt the sale of its non-fungible tokens (NFTs), citing fraud, deceit and registration violations
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
11.5.2022
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower...
Bitcoin and Ethereum Fluctuate, LUNA Down 94%, MKR Rallies
11.5.2022
Bitcoin price settled above the USD 31,500 level. However, BTC is still facing a strong resistance above USD 32,000 and near USD 32,500. It is currently (11:48 UTC) consolidating near USD 31,600 and is almost unchanged in a day and down 16% in a week.
Similarly, most major altcoins are looking...
Bitcoin and Ethereum Struggle, LUNA Down 84% while Altcoins Show Signs of Recovery
11.5.2022
Bitcoin price started an upside correction above the USD 31,000 level. BTC even climbed above USD 32,000 but struggled near USD 32,500. It is currently (04:03 UTC) trading near USD 31,300 and is up 2% in a day and down 17% in a week.
Similarly, most major altcoins are facing hurdles. ETH...
Bitcoin Is Down, but You Don't Have to Be
10.5.2022
Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue
10.5.2022
LUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD. As such traders lost faith in the stablecoin founded by Do Kwon, which dropped to its lowest point since September. Whilst LUNA stole the headlines, XMR and AXS also saw recent...
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
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
10.5.2022
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover....
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
9.5.2022
As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.932008 per token. Additionally, the Luna Foundation Guard’s bitcoin wallet...
Biggest Movers: DOT, ADA, SHIB Down Under 10%, as WAVES Rallies on Monday
9.5.2022
Monday’s downturn in crypto markets sent several tokens lower, with cardano, polkadot and shiba inu all falling by over 15%. Despite this, there were some notable exceptions which rose to start the week, WAVES being one of them. WAVES WAVES was trading in the green on Monday, as prices rose...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
9.5.2022
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great...
Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down + More News
9.5.2022
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: Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down...
Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year
8.5.2022
Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped...
Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
8.5.2022
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower...
While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data
6.5.2022
Staked ETH tokens are still showing signs of investor confidence