Bitmex’s Arthur Hayes: I am a Buyer of Bitcoin at $20k and Ethereum at $1,300
Quick take: Bitmex Founder Arthur Hayes says that he is a buyer of Bitcoin at $20k and Ethereum at $1,300 He cites that these values of Bitcoin and Ethereum make…
Binance CEO Weighs In On LUNA’s Tumble Below 1 Cent And UST’s Crash
Changpeng Zhao tweeted his disappointment about how the Terra team handled things CZ said the team barely communicated with the exchange Terra’s validators paused the blockchain for a second time…
Elon Musk Paused The $43 Billion Twitter Takeover Until The Platform Confirms The Number Of Spam Accounts
The massive deal has been halted Elon wants to confirm the accurate percentage of spam accounts on Twitter Reuters puts the number at around 5% Tesla Boss Elon Musk has…
Celsius Network Pulls Out Over $500M From Terra’s Anchor Protocol
Celsius Network has pulled out over $500 million from Anchor Protocol. Anchor Protocol is a lending and borrowing protocol on the Terra network, which is currently experiencing an exodus of…
Robinhood’s Stocks Soar 20% After Sam Bankman-Fried Confirms His Stake In The Company
CEO of cryptocurrency exchange FTX Sam Bankman-Fried has bought a 7.6% stake in Robinhood Bankman-Fried has acquired approximately 56 million shares at an average price of $11.52 per share Robinhood’s…
Aurora Initiates $90m Fund to Boost DeFi Development on the Near Protocol
Summary: Aurora has launched a token fund worth $90 million geared towards financing DeFi-based applications on the Near Protocol The fund also is geared toward attracting developers to Aurora and…
Terra (LUNA) Blockchain Halted by its Team to Prevent Governance Attacks
Quick take: The Terra blockchain has been halted by its team Terra Validators have decided to stop the Terra Chain to prevent governance attacks Such attacks have become cheaper given…
EEA Member Spotlight with Edge & Node’s Kyle Rojas, Business Development and Partnerships
As an EEA member, Edge & Node is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed…
US Treasury Secretary Yellen: a CBDC Might Diminish the Proliferation of Stablecoins, but Both can Coexist
Quick take: US Treasury Secretary Yellen has stated that a Central Bank Digital Currency (CBDC) could diminish the proliferation of stablecoins She also mentioned that both could coexist as stablecoins…
Sorare All Set To Partner With Major League Baseball To Launch An NFT Based Fantasy Game
Popular soccer NFT card game Sorare is launching a new NFT-based baseball fantasy game this summer. The new game will be launched soon in association with Major League Baseball. Sorare,…
Crypto.com Suspends LUNA Trading, Binance Updates Leverage Limit
Crypto.com suspends LUNA deposits and withdrawals Binance plans to update the leverage limit on the token’s perpetual contract ByBit also they will delist LUNA’s derivative contract on their platform Major…
Bitcoin’s Fall Under $28K Triggers Another $1.2 Billion Liquidations
The total crypto market cap is down over 13% in the past 24 hours Bitcoin fell as low as $26,000 for the first time since December 2020 Tether slightly depegged…
Terraform Labs Plans to Burn Over $1 Billion UST As LUNA Falls Below 10 Cents
LUNA creator Terraform Labs released an action plan to combat the current crisis The protocol will burn its UST holdings to reduce liabilities UST on the Ethereum network will also…
BlackRock and Citadel Securities Firmly Reject Rumors About Involvement in Luna & UST Crash
Both BlackRock and Citadel Securities have denied the rumors that they were involved in the recent crash of LUNA and UST. Unsubstantiated rumors have been making the rounds on social…
Brazil’s Biggest Bank Adds Bitcoin and Ethereum Trading For Users
Nubank unveiled support for cryptocurrency investment Users will be able to trade Bitcoin and Ethereum Paxos will power the service and offer blockchain-based facilities Brazil’s Senate recently voted in favor…