New Terra (LUNA) Opens as High as $30 on Bybit, then Crashes by 80% Leading Binance to Take a More Cautious Route
Summary: Trading of the new Terra (LUNA) coin is live on some crypto exchanges. The new Terra (LUNA) opened as...
Ethereum
Ethereum Developers See ETH’s Difficulty Bomb Being Delayed by 2 to 4 Months as the Merge Nears Completion
Summary: Ethereum core developers are in agreement that ETH’s difficulty bomb should be delayed by two to four months. The...
Galaxy Capital’s Mike Novogratz Believes Bitcoin Will Lead the Next Rally When the US Fed Pauses its Tightening Policy
Summary: Mike Novogratz believes that Bitcoin will lead the next rally when the US Federal reserve pauses its monetary tightening...
Dogecoin (DOGE) Gets Elon Musk’s Nod as a Payment Option for Tesla and SpaceX Merchandise
Summary: Elon Musk has stated via Twitter that Tesla will now start accepting Dogecoin (DOGE) as a payment option for...
WAVES Announces DeFi Revival Plan To Fix the Aftermath of USDN’s Depeg and the Liquidity Crisis at Vires Finance
Quick take: The team at Waves (WAVES) has announced a DeFi revival plan meant to make its users whole and...
UST’s Depeg Likely Caused by Seven Well Funded Terra Wallets – Nansen Report
Summary: A report by Nansen has concluded that UST’s depegging was likely kickstarted by seven well-funded wallets within the Terra...
Three Arrows Co-Founder Su Zhu Admits His Bitcoin Supercycle Price Thesis Was Regrettably Wrong
Summary: Su Zhu has admitted via Twitter that his Bitcoin supercycle thesis ‘was regrettably wrong.’ Mr. Zhu’s Bitcoin supercycle thesis...
4 Coinbase Execs. Have Dumped $1.2B Worth of COIN Since its Public Listing
Summary: Four top Coinbase officials have sold $1 billion worth of COIN shares since the company went public. The Coinbase...
Tether (USDT) Expands to the Polygon Network, Aiming to Boost its DeFi Ecosystem
Quick take: Tether (USDT) has launched on the Polygon (MATIC) network. Polygon’s DeFi ecosystem is set to benefit from Tether’s...
Binance Is Now A Registered Entity In Italy – CZ
Quick take: The world’s largest exchange moves to set up shop in Italy.Binance is regulated to operate in France and...
Ethereum Addresses In Loss Hits 2 Year High Amid Crypto Market Downtrend
Quick take: Over 34 million addresses that hold ETH are in loss positions.The second-largest crypto is down over 10% in...
Terra v2 Mainnet Launch And New LUNA Airdrop Delayed Till May 28
Quick take: Reasons for the rescheduled date were not specified.Terra’s LUNA airdrop rolls out with the first block on the...
STEPN To Ban All Mainland Chinese Users, GMT Token Drops Nearly 20% Over the Past 24 Hours
STEPN will stop serving all users in China to comply with the country’s policies on cryptocurrencies.The GMT token tanked following...
Huobi Expands its Latin America Footprint By Acquiring the Bitex Crypto Exchange
Quick take: Huobi Global has announced the acquisition of Bitex to expand its presence in the Latin America region that...
Waves Backed Stablecoin of Neutrino Launches Community Incentives of up to $12k p.a. to Help Decentralize USDN Reserves
Summary: The team at Neutrino (USDN) has announced an incentive plan of up to $12k per year for its community...
