Justin Sun’s Tron DAO Will Deploy $2 Billion To Counter TRX Shorts
Summary: Tron’s USDD algorithmic stablecoin depegged slightly on Monday. The event triggered massive shorting pressure on the TRX token and the coin is down over 10% in the last 24…
Celsius’s Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility
Leading CeFi platform Celsius Network halts its withdrawals, swaps, and transfers citing extreme market conditions The native token of Celsius Network has crashed 50% and is currently sitting at $0.1855…
Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies…
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress
Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to…
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s…
Bitcoin Note – Creativity or Sheer Stupidity
Bitcoin Note has arrived with promises of making bitcoin more tangible. Is it creativity or sheer stupidity? A new cryptocurrency asset has arrived. Accept, it is neither a cryptocurrency nor…
NFT Hackers used GoblinTown fake NFT site via hacked Venezuelan’s Newspaper Twitter handle
NFT Hackers has once again used a fake Goblintown NFT page to extract user information, and it is not the first time. In another expected news, one more brand has…
Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
Bitcoin sheds 12% in 24 hours as a fresh altcoin meltdown combines with macro pressures to offer nothing but misery for hodlers. Bitcoin (BTC) begins a new week with a…
NFT flipping not so profitable for more than half of buyers: Survey
Though a majority are down on their NFT purchases, there are signs which point to a healthy and robust market in the long term. With the surging popularity of nonfungible…
Ethereum difficulty bomb delayed but network adoption still growing
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge. Ethereum network developers have decided to delay the difficulty bomb,…
Nifty News: Kraft Foods files for NFT and metaverse patents, Seth Green gets his ape back and more
Kraft’s NFT and metaverse trademarks cover a long range of potential services, including a virtual restaurant where users can earn rewards and virtual assets. American food manufacturing and processing giant…
Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
Celsius has been moving more than a quarter of a billion dollars worth of funds from Aave into the FTX exchange for reasons not specified in addition to suspending withdrawals…
Pennsylvania pharmacist feeds thousands of homeless using crypto
The Pennsylvania-based pharmacist said he got the idea of using crypto to feed the homeless from science fiction movies such as the 2017 remake of Blade Runner 2049 and Justin…
Bitcoin Price Prediction for Today June 12: BTC Price Drops to $26K as Bears Maintain Selling Pressure
Sellers Attempt To Sink Bitcoin as Bears Maintain Selling Pressure – June 12, 2022 On June 11, the bears broke the crucial support of $28,600 as bears maintain selling pressure.…
Bitcoin Falls Below $26k amidst rising Inflation Tensions
Bitcoin falls below $26k amidst rising inflation tensions. Is it the end, or we are yet to see the low point? Bitcoin has seen new lows since the beginning of…