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Dogecoin Crosses $0.15; Is It a Time for DOGE to Shine Again?


Recently, Elon Musk revealed that he owned a 9.2% stake in Twitter, making him the company’s largest individual shareholder. The news has skyrocketed the price of Dogecoin. On the very next day, another piece of news came that Elon Musk was welcomed as one of the board of directors of...

MicroStrategy Spends USD 191M on Bitcoin After Last Week’s Loan


  US-based enterprise software firm MicroStrategy has purchased another BTC 4,167, worth some USD 190.5m, the company’s CEO Michael Saylor announced on Tuesday. Tuesday’s announcement that the firm has added even more bitcoin (BTC) to its already massive holdings follows news from last week that...

Terra’s USD 10B Bitcoin Bet May be Both a Curse and a Blessing


  Terra (LUNA) founder Do Kwon’s plan to partly back the stablecoin UST with bitcoin (BTC) is causing both excitement and concern in the community, with some fearing what could happen to the bitcoin market if Terra faces problems with trust or liquidity. The plan to back UST with BTC has been...

Circle Chooses BNY Mellon to Custody USDC Reserves


Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....

RichQUACK’s Staking Pool Accrues $1 Million TVL in Week Since Launch


RichQUACK, a hyper-deflationary token backed by a community of more than 209,000 on Twitter and 50,000 on Telegram, launches its staking pool, accessible to holders of its native $QUACK token through its decentralized application (dApp). The pool, which Techrate found to be safe for users in...

Hackers Rob $600 Million in Crypto Heist


Hackers have stolen $600 million from a blockchain network that is connected to the Axie Infinity online game. It is one of the biggest cryptocurrency attacks. A computer called nodes operated by Axie Infinity maker Sky Mavis as well as the Axie DAO that support a so-called bridge. This platform...

Messi Inks USD 20M Deal in Another Crypto Marketing Effort


  Argentine professional footballer Lionel Messi has signed a deal worth over USD 20m to promote digital fan token company Socios.com in another sports-crypto marketing effort. As part of the deal, Messi will be involved in a promotion campaign for Socios in the 2022 FIFA World Cup, which...

Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited


  The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m.... Read More: Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited

Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators


According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge...

Hedera Launches USD 155M DeFi-Focused Fund


  A development fund worth USD 155m intended to boost the use of the Hedera (HBAR) network in DeFi applications has been announced by the HBAR Foundation. According to an announcement from the foundation on Tuesday, the new fund – dubbed the Crypto Economy Fund – will focus on “increasing...

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