NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters,"...
Year: 2022
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says...
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset...
Facebook and Twitter will soon be obsolete thanks to blockchain technology
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn't the case...
Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance. According to local news outlet 36kr.com, Chinese technology...
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear...
BTC Plummets Under $21,500 as Tamadoge Goes Bullish
The Bitcoin price prediction shows that BTC may face down but consolidation is likely to play out between $20,000 and...
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
3.022 billion aUSD were previously minted via a liquidity bridge glitch. According to a new post by Acala Network co-founder...
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone. Bitcoin (BTC) drifted near $21,000...
Summer doldrums? Crypto volumes are down 55%, according to CoinShares
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Crypto investment products...
Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token...
Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender’s Contradictory Statements
The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the...
Bitcoin, Ethereum Technical Analysis: ETH Below $1,600, BTC Under $21,000 to Start the Week
Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s...
Mark Zuckerberg to Overhaul Meta’s Metaverse App Horizon Worlds After Criticism of Its Simple Graphics
Meta CEO Mark Zuckerberg has decided to overhaul the company’s flagship metaverse app Horizon Worlds after it received heavy criticism...
Voyager creditors oppose $1.9M employee retention proposal
The creditors wrote that the employees are "already well-compensated" while its creditors struggle to pay their expenses. Voyager Digital Holdings’...
