Napster to Reinvent itself as Web3 Business Following Acquisition
Crypto investment firm Hivemind and Algorand have together acquired music streaming platform Napster. The acquisition will see Napster implement Web3 features to revolutionize the music industry. Hivemind made the announcement…
Here’s why Coinbase steered away from India
India is home to several crypto platforms. The rising interest in the crypto-verse among Indians seemed to have alerted the government. From immense uncertainty to imposing a 30 percent tax…
Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO
“I guess we have a concern that may be actually in violation of the Supreme Court ruling,” said Coinbase CEO Brian Armstrong.
Bitcoin Flirts With $30K During Asia Trading Day as Luna Foundation Guard Fights to Defend UST Peg
High balances on exchanges due to LFG using bitcoin reserves to defend stablecoin peg, says Glassnode analyst
UST Falls to $0.35, Terra Futures See $106M in Liquidations
Some 58% of LUNA traders were betting on higher prices even as the tokens fell yesterday.
Mark Cuban: ‘Crypto Going Through a Lull’ Like the Internet of the 2000s
American billionaire Mark Cuban took to Twitter to liken the current crypto market to the internet of the 2000s. Cuban stated, “Crypto is going through the lull that the internet…
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
All bets are off as volatility takes complete hold of Terra’s tokens and a return to a U.S. dollar peg seems nowhere in sight.
VeChain had $1.37 billion in Treasury but it dropped to $1.2b in Q1; Why?
The sixteenth VeChain Foundation Financial Executive Report, covering the period from January 2022 to the end of March 2022, was published yesterday. In the interest of continued transparency relating to…
Global Financial Stability Watchdog FSB Says It Could Write Crypto Rulebook
The Basel-based FSB joins tax and money-laundering bodies in responding to calls for coordinated action
Mavatrix Gets Listed on Binance NFT
Mavatrix, the first reward-based Non-Fungible Token collection on BNB Chain, has been listed on Binance NFT, the NFT marketplace of Binance. It is a major achievement for the team, as…