Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week,…
3 red flags that signal a crypto project may be misleading investors
The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities. Satoshi Nakamoto left a…
MSP Recovery joins forces with Tokenology to release tokenized healthcare initiative
Launching on the Polygon network, the LifeChain platform is intended to vastly reduce occurrences of fraud within the U.S healthcare system. MSP Recovery LLC, a healthcare recovery firm based in…
Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more
Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon’s new proposal for a Terra hard fork and more in this…
3K+ Bit Digital hosting partner’s crypto miners go offline after explosion and fire
The company said it will be seeking reimbursement for the lost revenue from mining crypto, with operations at Niagara Falls “hoped to resume within a few weeks.” New York-headquartered crypto…
20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. Whoever coined…
OpenSea launches ‘Seaport’ marketplace protocol allowing NFT bartering
“OpenSea does not control or operate the Seaport protocol — we will be just one, among many, building on top of this shared protocol,” said the platform. Nonfungible token marketplace…
Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. Rep. Byron Donalds, a Florida Republican,…
FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report
The United Kingdom’s Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets. Sarah Pritchard, the executive director of…
Crypto Custody Firm Fireblocks Launches Web3 Services Suite
Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different…
Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank
Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails,…
Leading European and Ukrainian Charity Foundations Announced Their Participation in the World’s First Innovative ChariFi’s Project – the Zelenskiy NFT, Developed by the IamUkraine Studio
PRESS RELEASE. The innovative first time used concept will help to monetize charitable experience for people. Since the beginning of the war in Ukraine, people from all over the world…
Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are…
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors. On May 12, the total crypto market capitalization reached its lowest close in…
Price analysis 5/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
BTC and altcoins produced the occasional relief rally, but technical analysis suggests that the prevailing trend will remain bearish for some time to come. Bitcoin’s (BTC) tight correlation with the…