Virtual Land Just Sold For 8,499 MANA In Decentraland
What happened: Virtual land tokenized as an NFT just sold for $8,770, which is 2.05x the current floor price of 2.1 Ethereum (CRYPTO: ETH) ($8,770 USD). The collection consists of…
The Human Cost of Lunatic Hubris
erraform Labs’ Do Kwon and his collaborators sold a bad bet to tens of thousands of everyday folks. We’re beginning to see how immense the harm was.
Crypto donations fund ATVs and gas masks for Ukrainian military
Ukraine’s ministry of digital transformation has utilized cryptocurrency and nonfungible tokens, even CryptoPunks, in an effort to fund its military and humanitarian aid.
Crypto.com Reverses Traders’ LUNA May 12 Transactions
Leading crypto exchange, Crypto.com, has announced that its users who traded embattled Terra’s native token, LUNA, on May 12 at around 12:40 – 13:39 (UTC) did so with the wrong…
Terra Network Halts for Second Time Today, Can LUNA Recover?
Terra blockchain has officially halted at block 7607789 for the second time today.Terra Validators have halted the network to come up with a plan to reconstitute it.Will the momentum of…
Bitcoin Price Takes Deepest Dive Since 2020, Will BTC Bounce?
Suffering the effect of the current bloodbath in the crypto market, Bitcoin’s (BTC) price on May 12 hit its lowest valuation of $26,350 since December 2020. The ongoing bearish trend…
Bitcoin Whale Moves 2,457 BTC Off Coinbase
What happened: A Bitcoin (CRYPTO: BTC) whale just sent $74,981,878 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1MfKsStngCwHCtcFEtkKqXkL3Q9zmVVHNc. Why it matters:…