LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?
Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.
Month: May 2022
Plain talk about NFTs: What they have been and what they are becoming
The real value of NFTs lies in empowering artists, creators and collectors to enforce their…
LBank and Adanian Labs Kickstarts a ‘Crypto Accelerator Program’ in Kenya
PRESS RELEASE. The blockchain ecosystem is growing exponentially. It has brought prosperity to most African…
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
Many of the financial pyramids identified in Russia during the first quarter of the year…
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in…
Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts
On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin…
Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack
Doom and gloom continues for Bitcoin markets as Terra’s Do Kwon brushes aside a “deliberate…
Utah Governor approves of blockchain and digital innovation task force
Some of the primary duties assigned to the task force involve making policy recommendations related…
For the crypto industry, supporting sanctions is an opportunity to rebrand
Failure to align with the wider financial services industry by enforcing sanctions against Russia will…
Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token…
SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose…
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support
Google is establishing a Web3 team within its cloud unit, noting that “it is a…
Crypto, like railways, is among the world’s top innovations of the millennium
Finding a million reasons why blockchain won’t succeed turned out to be one of the…
US Treasury Sanctions First Crypto Mixer
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its…