The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announ...
Biggest Movers: ATOM Remains Close to 1-Year Lows, as DOT Declines 8%
ATOM moved closer towards a one-year low on Wednesday, as prices dropped by nearly 10%. This came as DOT also declined during today’s t...
3 Members of Terraform Labs' In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from t...
ShapeShift creates FOX Foundation as intermediary for successful DAO transition
The entity will be dissolved upon the completion of ShapeShift’s decentralization process.
Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machine...
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things ...
Binance CEO CZ to support Terra community but expects more transparency
Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”
Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%
As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collection...
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year ev...
Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday
Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, onl...
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA.
As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play
The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58 trill...
Biggest Movers: DOT, ADA, SHIB Down Under 10%, as WAVES Rallies on Monday
Monday’s downturn in crypto markets sent several tokens lower, with cardano, polkadot and shiba inu all falling by over 15%. Despite thi...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin's $1 Parity
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled...
Compound Treasury receives B- credit rating from S&P Global Ratings
Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now.
Galaxy Digital reports $112M Q1 loss, citing crypto price volatility
Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy.
Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the ...
Peter Schiff Warns Economic Downturn in the US 'Will Be Much Worse Than the Great Recession'
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised t...
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against ...
Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers.
90% of surveyed central banks are exploring CBDCs — BIS
“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the s...
US Central Bank Raises Rates by Half a Percentage Point, Fed's Powell Says Similar Hikes Are on the Table
The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inf...
Biggest Movers: Tron Climbs to 5-Month High, With WAVES up 15%
Tron ( TRX ) rallied to a five-month high earlier in today’s session, as bulls continued to feed off recent news of the USDD stablecoin....
Hundreds of NFTs listed on OpenSea from Shanghai residents during COVID lockdown
In response to the city’s COVID-19-related lockdown, Shanghai residents turned to the blockchain to preserve their experiences.
California governor issues blockchain executive order building on US President’s regulatory efforts
"We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive," said Califor...
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchai...
Value Locked in Defi Drops Below $200 Billion, April's Dex Trade Volume Drops 21% Lower Than March
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200...
ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs
While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees.
Bill Regulating Crypto Mining Submitted to Russian Parliament
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The le...
Attackers Steal $80 Million From Rari Capital's Fuse Platform, Fei Protocol Suffers From Exploit
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy ...
VC Roundup: Gaming, crypto fintech and blockchain infrastructure dominate venture capital rounds
HBAR Foundation, bloXroute, GamerGains, Spruce, Venly, Playmint and Oasis.app headline the latest funding deals from the world of bloc...
Binance to drive crypto and blockchain awareness among Indian investors
Binance also highlighted that Indian regulators and policymakers cite the lack of education as an area of concern, hindering crypto’s ...
Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency
Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now con...
Biggest Movers: STEPN GMT Remains Close to Record Highs, as GRT and CAKE Trade Higher
Following a short-lived move above $4.50 on Wednesday, GMT was once again higher, and traded up by over 20% in today’s session. GRT was ...
Panama's legislature approves bill regulating crypto
The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.”
FinCEN acting director says PATRIOT Act provision isn't 'right sized' for crypto enforcement
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for r...
Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 Trillion
Bitcoin’s mining difficulty reached a lifetime high on April 27, at block height 733,824, after jumping 5.56% higher than two weeks ago....
Former Chinese Central Bank Governor: US Dollar Will Remain Global Reserve Currency, Says It 'Has Great Inertia'
In remarks that appear to pour cold water on assertions that digital currencies will topple the U.S. dollar anytime soon, a former gover...
Grayscale to expand crypto fund offering into Europe
CEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitud...
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing...
Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC ...
Fidelity's New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add ...
Crypto gaining trust as investment, but still lagging behind other options: Bitstamp report
Uncertainty over regulation remains a key barrier to crypto investing, according to Bitstamp.
City of Fort Worth votes in favor of Bitcoin mining program
"We are going to become the first city in the world to mine Bitcoin here on site at city hall," said Fort Worth Mayor Mattie...
Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals
During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT project...
US Treasury's OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons ...
Devs Send the First Dogecoin Transaction Without Internet via Radio Doge
According to Dogecoin developer Michi Lumin, a DOGE transaction was sent via radio using a protocol called “Radio Doge.” Dogecoin propon...
Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users
On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bols...
While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply
During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), h...
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital...
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