Binance delists LUNA futures and trading pairs as the price continues to fall
The crash of LUNA has sent shock waves across the cryptocurrency market. A week ago, LUNA was one of the hottest tokens in the market, having hit an all-time high…
Etherscan and CoinGecko investigate pop-ups targeting user funds
Coingecko and Etherscan have issued warnings about an ongoing phishing attack targeting users on their platforms. The firms said that these phishing attacks were done to access user funds. Phishing…
DeFi attacks are on the rise — Will the industry be able to stem the tide?
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating. The decentralized finance (DeFi) industry has lost over a billion dollars…
European Central Bank releases new paper for digital euro
The European Central Bank is currently actively engaged in releasing a central bank digital currency (CBDC). However, this product has faced much opposition from the public, and this opposition has…
Ukraine uses crypto donations to buy gas masks and ATVs
The invasion of Ukraine by Russia triggered a new use case for cryptocurrencies. More than $100 million worth of crypto assets have been used in the humanitarian efforts in Ukraine…
Nomura unveils over-the-counter Bitcoin futures and options
Nomura, a leading financial service provider in Japan, has unveiled Bitcoin derivatives for institutional clients. The launch of this product comes as the crypto market records a massive pullback, with…
UAE’s Emirates to accept Bitcoin as a payment method
The United Arab Emirates is taking a bold step toward becoming a major hub for cryptocurrency transactions. Emirates Airline has now announced that it will have Bitcoin as a payment…
Binance CEO Does Not Think Forking Terra is the Solution to LUNA and UST’s Woes
Summary: CZ has expressed concerns over a proposal to fork the Terra chain to create new LUNA and UST digital assets Binance CEO states that the new fork will not…
Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout
Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person.…
Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000, BTC Down 6% to Start the Weekend
Following a strong rebound on Friday, crypto prices moved back into the red today, with BTC falling below $30,000 to start the weekend. ETH also moved lower, as its own…
Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High
Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high…
American Financial Infidelity Report: 2 out of 5 Survey Respondents Hid Their Crypto Purchases
A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a cryptocurrency purchase from their partner. The crypto-cheating partners believe disclosing…
DeFi transforming lending routes on the blockchain
Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector. The world of decentralized finance (DeFi) is gradually expanding to encompass…
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. Crypto.com was one of the few crypto exchanges to…
Singaporean LUNA and UST Investor Reportedly Files a Police Report Against Terra’s Do Kwon
Summary: A user on Reddit claims that he has filed a police report on behalf of 1,000 Singaporeans against Terra’s Do Kwon and the LUNA project The police report states…