This week’s whipsaw market movements test NFT traders’ resolve — What’s next?
NFT prices take a hit alongside the sharp correction in the crypto market and only time will tell whether the current downturn was a buying opportunity.
Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
The trading and custody service is being provided by blockchain infrastructure company Paxos.
UST Meltdown Hasn’t Spurred US Financial Stability Council Meeting: Sources
As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance…
US Losing Lead in Web3 Development to Russia and India
The United States is losing overall market share in terms of Web3 developers, according to data from crypto venture capital firm Electric Capital. Since 2017, the absolute number of Web3…
Bitcoin Mining Stocks are Plummeting; Researcher Explains Why
The crypto market is in its biggest slump of 2022 so far. Bitcoin (BTC) reached the $29k area, something which has not been seen in a long time. The original…
‘Animal Crossing Meets Minecraft’: Branch Raises $12.5M for Play-to-Earn Project
Dragonfly, Polychain and Coinbase Ventures were all participants in the game’s seed round.
Terra (LUNA) Sees $106M In Liquidations With 97% Crash As UST Collapses To Below 40 Cents
Terra (CRYPTO: LUNA) and its native stablecoin TerraUSD (CRYPTO: UST) brought each other down in a cryptocurrency market catastrophe that would not be easy to forget. What Happened: Market data…
Crypto Trading Hamster Who Outperformed Warren Buffett Is Back From The Dead And Buying Dogecoin
Mr. Goxx — the cryptocurrency trading hamster — is back to live-streaming his daily trades on Amazon Inc’s (NASDAQ: AMZN) video streaming service Twitch. What Happened: Mr. Goxx’s Twitter account…
UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say
Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees.
Bank of Israel claims ‘public support’ for its CBDC project
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.