UST fiasco: Stablegains being sued for taking $42 million from customers?
Stablegains is allegedly being sued for taking money from customers, and without their knowledge putting it in Anchor Protocol. Investors awoke to find that their USDC is now worth UST…
Bybit Quarterly Report: Solana Network Performance 2022
Bybit released a quarterly report about the Solana network. The report includes general updates on the Solana ecosystem, DeFi, and NFTs. Solana maintains its top 10 position in CoinGecko. Cryptocurrency…
Stablecoin Supplies See Largest Drop in History as Crypto Exodus Continues
Aggregate supplies of stablecoins have declined by their largest ever amounts over the past month as the capital continues to flow out of crypto. On May 19, on-chain analytics provider…
Dogecoin Daily: Price Slumps Further, Founder Receives Jeff Bezos Praise And More
Dogecoin (CRYPTO: DOGE) fell 4.5% to $0.085 over 24 hours leading up to early Thursday morning. DOGE tracked losses in major coins as the global cryptocurrency market cap declined 3.8%…
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million.
Lens Protocol Could Address Musk’s Concerns About Twitter
Stani Kulechov announced that he had built a rival social network based on blockchain technology. Each piece of content is associated with a non-fungible token (NFT), which gives the creator…