Terra founder Do Kwon shares plan to save the UST stablecoin peg
Do Kwon, the humbled co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST.
The9 Buys Data Center in Kyrgyzstan to Host 7,500 Antminers
The firm expects the 31.5 MW facility to be ready in July.
Indian Government Informally Intimidated Coinbase To Halt Trading Of Bitcoin, Dogecoin, Says CEO
American cryptocurrency exchange platform Coinbase Global Inc’s (NASDAQ: COIN) chief blamed India’s central bank for putting “informal pressure” weeks after it halted trading service in the country. What Happened: The…
Stepn’s ‘Move-to-Earn’ Model Has Crypto Analysts Seeing Value in Long Run
This blockchain-based application’s users must purchase a “virtual sneaker” NFT to earn crypto rewards. Consumer advisory: They start at around $800.
Ethereum (ETH) TVL Sinks More Than $50 Billion in 2022 Low
Ethereum TVL fell steeply in the second week of May due to decreased investor interest in decentralized finance and the entire crypto finance market. Ethereum has dominated the decentralized finance…
FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund
Venture capital continues to target crypto and fintech for funding, with Web3 emerging as a major trend in 2022.
Market Crash Wipes Millions off Crypto Companies’ Stock Price
Major crypto companies have seen millions wiped off their stock value following the recent market crash. MicroStrategy, Silvergate Capital, Marathon Digital Holdings, Coinbase, and Galaxy Digital Holdings have all experienced…
‘Wizard’ speculates how attacker made >$800 million by de-pegging Terra’s UST
Terra has been the talk of the crypto town for quite some time. Back in April, it kept making it to the headlines owing to its Bitcoin-buying spree. Even until…
Binance Listing Safemoon?: Mandala CEO Discusses the Possibilities
Safemoon got listed on the Mandala exchange yesterday allowing its users to buy, sell and hold the DeFi token. The exchange also gave out bonus tokens for the first few…
Coinbase Sees Crypto Trading Volume Declines 44% In Q1
Shares of major crypto exchange Coinbase Global Inc (NASDAQ: COIN) slid over 11% in extended trading on Tuesday, following dour quarterly earnings. What Happened: The company reported a net loss…