LUNA, UST Investors Can’t Catch a Break as Scammers Are Now Posting Fake Terra Community Proposals
Summary: Malicious actors have been purchasing LUNA and posting fake proposals on Terra Station with phishing sites. Terra has also...
Ethereum News
Crypto is Worth Nothing and Based on Nothing, Says ECB President Lagarde
Quick take: European Central Bank President, Christine Lagarde, has said cryptocurrencies are worth nothing and based on nothing. She added...
MicroStrategy Won’t Backpedal on its Bitcoin Game Plan – CFO
Quick take: MicroStrategy’s new Chief Financial Officer, Andrew Kang, has reiterated that the company will stick to its Bitcoin plan...
CZ Debunks WSJ Article on Insider Trading, States Binance Has a Zero-Tolerance Policy on Such Activities
Summary: CZ has debunked a Wall Street Journal article that suggested Binance employees had participated in insider trading of Gnosis...
Galaxy Capital’s Mike Novogratz Warns that Finding Crypto Bottoms is Dangerous, Altcoins Could Dump by Another 70%
Summary: Mike Novogratz has warned the crypto community against picking price bottoms as it is dangerous. He also pointed out...
ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth
Summary: The Electric Coin Company has initiated research on a possible transition of ZCash from a proof-of-work mechanism to a...
Brazilian Crypto Exchange of Nox Bitcoin Set to Refund All UST Holders’ Losses with USDT
Summary: The Brazilian Crypto Exchange of Nox Bitcoin has announced that it will refund all UST Holders’ losses with USDT....
Circle Commits to Weekly USDC Reserve Reports as Stablecoin Jitters Rock the Crypto Markets
Summary: Circle’s team has stated it is committed to providing weekly reserve reports for USDCoin (USDC). Tether also issued its...
Bitmex’s Hayes Avoids Imprisonment, Gets 2 years Probation, 6 Months House Arrest For Violating the US Bank Secrecy Act
Summary: Bitmex founder, Arthur Hayes, will not spend a single day in jail for violating the U.S. Bank Secrecy Act....
Avalanche Team: The Luna Foundation Guard and Terraform Labs are Yet to Sell AVAX Reserves Bought at $200m in April
Summary: The team from Avalanche has issued a transparency report on the fate of the AVAX reserves that the Luna...
A Bitcoin and Crypto Bear Market is Great for Building and Investing – Pantera Capital Exec.
Quick take: Paul Veradittakit, a Partner at Pantera Capital, believes that crypto markets have entered a bear market. Mr. Veradittakit...
CoinGecko Co-Founder: The Next 12 – 18 Months Will be Challenging in the Crypto Markets as the Fed Increases Interest Rates
Quick take: Bobby Won has forecasted that the next 12 to 18 months in the crypto-markets will be challenging. He...
Binance CEO: The Entire LUNA/UST Incident May Have Been Avoided if the LFG Used Their Reserves when the De-peg was at 5%
Quick take: CZ believes that UST’s depegging and massive LUNA inflation could have been avoided had the LFG deployed its...
Do Kwon Introduces 3 Amendments to Terra Proposal 1623 as Voting Proceeds
Summary: Terra’s Do Kwon has introduced three amendments to proposal 1623 to fork the chain. The amendments were introduced as...
Magic Eden Soars Past OpenSea In Terms Of Daily Trading Volume
Solana-based NFT marketplace Magic Eden has topped OpenSea in terms of the daily trading volume. The marketplace has reported nearly 275,000...
