Summary: Ethereum co-founder, Vitalik Buterin, has thrown some shade into Su Zhu’s alleged $50 million yacht purchase. According to Vitalik, there are better ways of burning $50 million, such as…
Summary: Do Kwon told the Wall Street Journal that he lost nearly all his net worth in the LUNA, UST collapse. He added that the losses do not bother him…
India’s central bank is working with several banks to facilitate a blockchain-based trade financing pilot. The pilot would focus, among other things, on preventing loan fraud. India is also mulling…
Summary: The luxury brand has bought $25,000 worth of RARE tokens. Gucci’s purchase allows means the brand is a member of the SuperRare DAO and has access to a large…
Summary: The leading exchange acknowledged its role in helping industry players survive market conditions. CZ noted that there are some bad projects and they shouldn’t receive bailouts. Zhao also stressed…
Coinbase is discontinuing its Coinbase Pro version The platform is migrating all its services under one account alongside introducing a new Advanced Trade feature on Coinbase Crypto exchange Coinbase has…
Summary: MicroStrategy CEO Michael Saylor has described Bitcoin as a lifeboat tossed on a stormy sea, offering hope t anyone that needs to get off their sinking ship. Mr. Saylor…
Summary: Ethereum core developers have confirmed that only Goerli and Sepolia Testnets will be maintained after the Merge. The Kiln, Rinkeby, and Ropsten testnets will slowly be retired. Ethereum developers…
Summary: Three Arrows Capital Owes Voyager 15,250 BTC and $350 million USDC. Voyager has set June 27, 2022, as the deadline for full repayment of the digital assets. The crypto…
Summary: The major exchange is in line to receive Major Payment Institution License from the Monetary Authority of Singapore. Crypto.com could expand its services in Singapore to cover Digital Payment…
Tether has launched a stablecoin pegged to the British Pound Sterling version called GBPT. The stablecoin will launch in July 2022. The United Kingdom is working on regulation and aims…
Uniswap DEX has acquired NFT aggregator platform Genie This marks Uniswap’s second foray into NFTs, after Unisocks. Crypto exchange Uniswap is all set to expand its dominance in the NFT…
Summary: The Solend team has initiated a proposal to introduce a per-account borrow limit of $50 million. The limit will be rolled out gradually, starting with the per-account borrow limit…
Summary: Solana-based NFT marketplace of Magic Eden has raised $130 million in a Series B round at a $1.6 billion valuation. The funds will expand Magic Eden’s primary and secondary…
Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking good, and financial models that give people false hope deserve…
