KuCoin Raises $150M in Pre-Series B Funding at a $10B Valuation
Quick take: KuCoin has raised $150 million in a pre-series B funding round at a $10 billion valuation The funding...
Ethereum News
Avalanche Founder: I’m Bullish on UST Once the Dust Settles Down
Summary: The Founder of Avalanche and CEO of Ava Labs is bullish on TerraUSD (UST) ‘once the dust settles down’...
UST Depegging Catches the attention of US Treasury Secretary Yellen, Who Calls for Stablecoin Regulation by EOY
Summary: UST’s depegging sage over the last 72 hours has caught the attention of US Treasury Secretary Yellen US Treasury...
Flow Launches A $725 Million Ecosystem Fund To Boost Web3 Developments
Flow blockchain has announced a new ecosystem fund worth $725 millionThe fund will help spark innovation among global developers and...
Binance Agrees On Exclusive Crypto Sponsorship Deal With Brazilian Football Association
Binance becomes the sole crypto sponsor for four major football competitions in Brazil The partnership covers the country’s primary football...
El Salvador and Tron DAO Reserve Each Buy 500 Bitcoin Amid Crypto Market Dump
President Nayib Bukele said El Salvador bought an additional 500 BTC on Monday The Central American Jurisdiction previously approved Bitcoin...
Luna Foundation Guard Drains Bitcoin Treasury To Save UST Peg
The Luna Foundation Guard used $1.5 billion from its treasury to help project the $1 peg of UST.$750 million worth...
The Luna Foundation Guard Loans Out $750M in Bitcoin to OTC Trading Firms to Protect UST’s Peg
Quick take: The Luna Foundation Guard (LFG) has announced an elaborate plan to protect UST from depegging The plan involves...
Michael Saylor Jokes About Working at McDonald’s as Bitcoin Loses the $32k Support Level
Quick take: Michael Saylor has joked about ‘getting back to work’ at McDonald’s Mr. Saylor posted a meme of himself...
Bitcoin’s Dr. Doom is Working on a Tokenized Asset That is More Resilient Than the USD
Quick take: Dr. Nouriel Roubini is reportedly working on a tokenized asset that is more resilient than the US dollar...
Compound Finance’s Treasury Receives a B- credit rating from S&P Global Ratings
Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the...
Meta CEO Mark Zuckerberg Confirms NFTs Are Coming To Instagram and Facebook
Mark Zuckerberg said NFTs are coming to Facebook and Instagram Reports claim internal testing will kick off this week No...
Crypto Transactions in India Could Face Additional Tax of 28% Under GST
Cryptocurrencies in India may receive an additional 28% Goods and Services Tax, bracketed in the same group as betting and...
Bitcoin’s 50% Dip From ATH Triggers Over $400 Million in Liquidations Across Crypto Market
The leading crypto is down almost 15% in the last 7 days Bitcoin previously experienced relief after the FOMC meeting...
NFT Market Cools As Weekly Sales Subside By 30%
Leading NFT projects such as BAYC and MAYC are down by 41% and 30%, according to Wu BlockchainThe downward trading...
