Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout....
Month: May 2022
Trade Minister Expects Russia to Legalize Cryptocurrency
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen,...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $2,000 as Crypto Bearish Pressure Intensifies
Following several sessions of consolidation, ETH has finally caved in, dropping below the $2,000 floor in the process. As we...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction....
Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Despite that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed...
Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis
It could be "do or die" for Bitcoin bulls if BTC/USD returns under $27,000, Whalemap argues. Bitcoin (BTC) may be...
BNB Chain offers another lifeline to Terra ecosystem projects
Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol. Binance...
FTX US to launch stock trading against stablecoins
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US...
Bitcoin Price Prediction for Today, May 19: BTC Bounces Above $29,000 Level
The Bitcoin price prediction gains 1.86% as bulls keep working hard to nurture a bullish trend from the support at...
Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks
Tesla's removal from the S&P 500 adds to an already bearish trajectory while BTC/USD stays stuck below $30,000. Bitcoin (BTC)...
South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are...
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to...
Bitcoin Argentina NGO to Take Crypto Education to Schools
Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to...
Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse
On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in...
DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains
Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains.
