A Curious Coincidence – Major Terra Backers Break Silence on Same Day

Source: Adobe/Pav-Pro Photography Several major backers of Terra (LUNA) and its failed algorithmic stablecoin terraUSD (UST) spoke out about last week’s dramatic events this Wednesday, after staying largely silent since the collapse happened 10 days ago. On the same ...

Music Fans Rejoice as YellowHeart Protocol Is Set to Launch on Bittrex Global Starting Block

sponsored YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is set to launch its utility token, HRTS (pronounced “Hearts”), on Bittrex Global’s IEO Platform Starting Block as the platform’s debut project on May 24 ...

Trademark Applications Suggest Meta May Launch Crypto Platform

Mark Zuckerberg, Founder and CEO of Meta. Source: A video screescreenshotsnhot, Youtube/CNET Technology giant Meta, previously Facebook, has filed five trademark applications for a digital payments platform dubbed ‘Meta Pay‘. According to records submitted to the United States Patent ...

Revolut CEO to launch ‘AI-powered’ VC fund

The billionaire co-founder and CEO of fintech giant Revolut, Nikolay Storonsky, is launching a new venture fund called the Quantum Light Capital Fund. Storonsky, along with several other investors, will be putting in around $200m (£161m) into the new ...

Tether in the Spotlight After USD 9B Worth of Redemptions

Source: iStock/standret, Cryptonews.com The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse. The redemptions have come ...

Avalanche Plummets Double-Digits as Crypto Meltdown Continues

The popular Ethereum competitor Avalanche has plummeted more than 16% amid the crypto market’s ongoing rout.

Thought Machine hits £2.2bn valuation after Morgan Stanley investment

London-based fintech Thought Machine has doubled its valuation to $2.7bn (£2.2bn) after a $160m funding round featuring institutional investor Morgan Stanley. The Series D round was led by Singaporean investor Temasek, with Italian bank Intesa Sanpaolo and Morgan Stanley ...

CFTC Expected to Add More Resources to Better Monitor Crypto Markets

The derivatives markets regulator will continue to add resources to combat fraud and manipulation in the cryptocurrency market.

South Korean LUNA Buying Skyrockets, Token Trading at Huge Premium on Domestic Exchanges

Source: AdobeStock / Andreas Prott While some furious South Korean crypto investors are readying multiple lawsuits for Do Kwon and the masterminds of the troubled terra (LUNA) protocol, others in the country are snapping up LUNA tokens at rock-bottom ...

U.S. Mining Stocks Drop Almost 50% Despite Hashrate Increasing

The Cambridge Center for Alternative Finance, a financial research institute affiliated with Cambridge University, has found that the Bitcoin hashrate was up by 4% in August from the previous year, from 35% to 39%. But, still, the mining stocks ...

Crypto-loving South Koreans bet on Luna rising from ashes, worrying regulator

ReutersSeoul: Reckoning they have little to lose with prices so ridiculously low, South Korean speculators in recent days have piled into Luna, a cryptocurrency that lost 99.99% of its value last week after its paired stablecoin TerraUSD collapsed.Both tokens are ...

Crypto Exchange Coinbase Slows Hiring Amid Market Downturn

Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring ...

Jack Dorsey’s Block Bitcoin Eyes ‘Ecosystem’ Expansion Instead of Being a ‘Purely Payments Company’

Block, which is formerly known as Square, wants to move away from being a “purely payments” company. (Photo : Joe Raedle/Getty Images)MIAMI, FLORIDA – JUNE 04: Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square ...

London-listed Argo Blockchain among crypto firms facing stock backlash

Argo Blockchain and other companies specialising in cryptoasset technology are seeing their shares suffer downturns following the recent drop in the value of the global cryptocurrency market. Virtually every major crypto token has fallen in value in a market-wide ...

Ethereum's Ropsten Testnet to 'Merge' Next Month in Preparation for Proof-of-Stake

Source: AdobeStock / sdecoret Ethereum (ETH)’s Ropsten public testnet, which allows for blockchain development testing before deployment on the mainnet, is estimated to undergo “the Merge” on June 8 in preparation for the main Ethereum blockchain to switch to ...

Babel Finance Used Collateralized eNote on FQX’s Solana dApp via Fireblocks

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Zurich, Switzerland, 19th May, 2022, Chainwire Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralised USDC ...

Solgem.Finance: Unleash Full DeFi Potential and Become a Part of the Ecosystem

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. Solgem is one of the newest projects on the Solana blockchain. White paper V1 has recently been released with the latest information regarding the framework, ...

3 NFT Cryptocurrencies You Should Consider Investing: PARODY COIN (PARO), SOLANA (SOL), AND DECENTRALAND (MANA)

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. The world of cryptocurrencies has received a lot of positive attention lately. The Metaverse and NFTs are becoming increasingly popular, and this has helped with ...

Bitcoin Argentina NGO to Take Crypto Education to Schools

Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bitcoin,” will help educate high school students about ...

What Will Social Media Look Like on Web 3.0? A Look into Mushe (XMU) and Decentraland (MANA)

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. Web 3.0 is the next evolution of the Internet, predicted to be characterised by cryptocurrency, decentralised platforms, and a return to an Internet controlled by ...

The 5 best crypto apps: Trade with the pros

What is the best crypto app? Coinbase. With it, you can maximize your earnings. We looked at the types of currency supported, fees, funding methods, and security before choosing Coinbase, but we also found a few other crypto apps worth considering.

Jamiroquai to Bring 'Virtual Insanity' to The Sandbox Blockchain Metaverse

On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to the ...

Bitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higher

Bitcoin price is testing USD 29,000. Ethereum fluctuates near USD 1,900, XRP briefly moved below the USD 0.40 support. ADA and SOL are down over 7%, AXS outperforms. Bitcoin price failed to start another increase, extended decline below USD ...

Bank of England's Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank of England’s Executive Warns About Crypto Sir ...

ATOM Might Trade Below Its Immediate Support Level Despite A Recent Rally

ATOM had displayed optimistic price action recently after the coin rallied close to 14% a little over 48 hours ago. The coin had managed to undo the loss of 21% that it incurred in the past week with its ...

Finder's Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030

A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, ...

Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business

Source: Adobe/photo_gonzo Major US-based crypto exchange Coinbase is backing the development of the “first-ever” enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi). According to an announcement from Coinbase on Tuesday, the new ...

Funding Rates Fall To Yearly Lows Following Bitcoin’s Fall Below $29,000

Bitcoin has had a rough couple of weeks leading up to this moment and the effects of this are still being felt all across the board. This has seen bitcoin’s price crumble below $30,000 once more. Along with this ...

Robinhood Launching New Non-Custodial Web3 Crypto Wallet

Trading platform Robinhood is launching a non-custodial, web3 cryptocurrency wallet. “Customers will be able to hold the keys for their own crypto,” the company said. Robinhood Building Non-Custodial, Web3 Wallet Popular trading platform Robinhood announced Tuesday that it is ...

Ethereum Nears Major Upgrade as Testnet Set to Undergo Merge in June

In the run-up to upgrading the mainnet, the Ethereum Foundation has also doubled reward payouts for its bug bounty program.

Blockchain Data Indicates $10M Worth Of Ether From The Ronin Exploit In Rotation

More than 5,505 Ether of the Ronin Bridge exploitation seems to be transferred through Tornado Cash, a unique privacy crypto exchange. Blockchain data showed that the address associated with the $625 million Ronin Bridge Attack had begun transferring ether ...

Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout

On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a ...

The Big 'Winner' From the Crypto Crash? USDC Stablecoin

Every market—including a bearish one—has its winners and losers.

Ethereum Leads in Web3, but Multiple Winners Possible – a16z Report

Source: iStock/vm Ethereum (ETH), the second most valuable blockchain network in the world, still dominates the Web3 landscape due to its early start, although other blockchains such as Solana (SOL) are trying to catch up, a new report from ...

SEC Chair Gensler Threatens Action Against Unregistered Crypto Exchanges

Testifying before Congress on Wednesday, he warned that more actions against crypto firms could be on the way.

Terra Community Divided On Do Kwon’s ‘Authoritarian’ Hard Fork Proposal

While many are vocally against a hard fork, Terra’s validators appear to be in favor.

Bitcoin Bearish Signal: Whales Ramp Up Dumping

On-chain data shows the Bitcoin exchange whale ratio has started to sharply rise, a sign that these humongous holders may be beginning to dump. Whales Are Behind Almost 90% Of Bitcoin Exchange Inflows Right Now As pointed out by ...

Terra Investor Mike Novogratz Breaks Silence on UST, LUNA Collapse

Mike Novogratz was so invested in Terra, he got a LUNA tattoo earlier this year.

Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon

The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) ...

Andreessen Horowitz Launches $600M Fund Focused on Metaverse Games

The gaming industry generated more than $300 billion last year.

TECH NEWS LATEST

How to Buy Bitcoin With the Strike Mobile App

From Silence to Humbling Hell - Major Terra Backers Keep Low Profile as the Small Guy Is 'the Biggest Loser'

An Anime Action Adventure: YOANN․IO Seed Launch on KICK․IO

Coinbase Launches Global 'Think Tank' for Crypto

SneakMart Announces A Collaboration With StockX On It’s First Metakicks Drop

Microsoft Warns Of “Cryware” Malware Targeting Crypt Wallets

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says

Sneakmart Brings Its Web3-oriented Metakicks NFTs To Market In June 2022

The best crypto apps: Trade with the pros

Legal Storm Brewing for Terra's Do Kwon & Co as ‘Hundreds’ of Investors Ready Complaints

UKTN Podcast: Banked CEO on open banking and disrupting payments

Aave Launches Decentralized, NFT-Based Twitter Rival on Polygon

Peckshield Sounds Alarm on Honeypot Posing as Terra Fork

Biggest Movers: ATOM Remains Close to 1-Year Lows, as DOT Declines 8%

The Evolution of Gaming and Its Integration into the Crypto Universe

BinaryX Unveils CyberArena - A New P2E Experience

G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More News

CoinCorner Launches NFC-Enabled Bitcoin Card Powered by Lightning Network

DoraHacks Raises USD 20M Led by FTX Ventures and Liberty City Ventures To Scale Its Global Web3 Startup Platform

A Brand New Arbitrum Experience Comes on imToken v 2.10

How to Make Passive Income with Crypto - 5 Best Platforms

Top 5 Most Promising DAOs In 2022

SFUND To Be Listed On The Leading Global Crypto Exchange Huobi Global

China Sees Renewed Bitcoin Production as Miners Skirt Beijing Cryptocurrency Regulations

Fake crypto sites lure wannabe thieves by spamming login credentials

The crypto collapse is a good thing for the climate

3 Members of Terraform Labs' In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout

‘V1’ CryptoPunks Move on With Rarible Marketplace After Larva Labs Dispute

Coinbase Slows Down Hiring Plans Amid Market Downturn, Lower Financial Results

AscendEX and ECOMI Launch OMI Stake and Earn Competition

South Korean Law Firm to File Suit Against Terraform Labs CEO, Co-Founder

Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 Again as Crypto Consolidation Extends   

Polygon-Based Gaming Platform FreshCut Raises $15M

Shiba Inu Army, Look Away: Survey Claims SHIB Will Be Worthless by 2030

Elon Musk Wants Twitter to Be WeChat-Style Super App With Payments

China becomes second in the world in Bitcoin mining despite the ban

Bitcoin and Ethereum Stuck Near Key Levels, Altcoins Struggle

Payment platform Modulr that powers Revolut banks £83m

Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX

Robinhood Is Planning To Launch Another Crypto Wallet, a Non-Custodial Web3 Wallet

Bitcoin's Underlying Value 'Is to Do Ransomware': Former Fed Chair Bernanke

BitcoinUSD․com Launches a Market Watch Site

Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’

Smart Contract Platform Chain’s XCN Token Pumps and Dumps

Billionaire Bill Ackman Calls Terra a ‘Crypto Version of a Pyramid Scheme’

Unizen Grows Its CeDeFi Exchange, Adding ZCX/USDT Trading Pair Into The Mix

Australian Taxation Office to Focus on Capital Gains From Crypto Assets

Mastercard’s ‘smile to pay’ biometric tech could rollout in the UK soon

Fantom Stablecoin DEI Remains Below Dollar Peg For Third Day, No Updates from the Team

Kadena Posts Double-Digit Losses as More Layer-1 Cryptocurrencies Tank

El Salvador-hosted ‘44-nation Bitcoin Conference’ Not Quite a Nothing Burger

FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network

New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate

How to Monetize Your Artwork in 2022

Financial Wealth? Try Mountanaz (MNAZ), Hedera (HBAR), and Stellar (XLM)

Is RoboApe (RBA) Set to Out-Do ApeCoin (APE)?

Axie Infinity, NFT and Other Projects Fall Victims of a Phishing Attack

Why First Time Investors Should Get to Know Cryptocurrency

Pac-Man Frog (PAC) is Aiming to Compete with Helium (HNT) and Fantom (FTM) in the Near Future

NASDAQ Features Floki as One of the Best Metaverse Projects to Buy in 2022

Top Car News Car News