News
Bitcoin and Ethereum, the world’s most powerful cryptocurrencies based on market capitalization, have fallen by 5% in the last 24 hours. Bitcoin fell below $30,000, wiping its gains in recent times. Bitcoin had briefly boosted the confidence of investors after it rallied to reclaim its $30,000 spot
News
Binance Labs has pulled the sum of $500 million to support Web3 projects and other blockchain companies. Binance Labs is the venture capital arm of popular cryptocurrency exchange, Binance. According to a blog post on Wednesday, the company noted that DST Global Partners, Breyer Capital, Whampoa Group and several private
News
Bitcoin, the largest cryptocurrency based on market capitalization, has climbed by 5% in the last 24 hours. Bitcoin slightly climbed to $32,000 as the market continues to recover from the crash of LUNA, Terra’s native coin and UST, Terra’s stablecoin. At the time of writing, Bitcoin currently
News
The recent crash of LUNA, the native token of the Terra ecosystem, as well as its stablecoin, USDT, has triggered several reactions in the cryptocurrency industry. As for Charles Hoskinson, it indicates the need to take things slow with blockchain and crypto development. Hoskinson who spoke with CoinDesk said that
News
Chainabuse, a crypto scam reporting company, has been launched after several crypto firms came together to form the multichain platform. The founding members include Binance.us, TRM Labs, Circle, Hedera, Civic, Solana Foundation and the Aaves communities. According to an announcement, the platform is operated by TRM Labs, a blockchain
News
Cosmos (ATOM), the native token of the eponymous blockchain network has gained 12% in the last 24 hours. At the time of writing, ATOM currently trades at $11.430. The 27th largest cryptocurrency based on market capitalization is still trading 74% down from its September 2021 all time high, ATOM/
News
Universal Music Group has signed a major deal with LimeWire, an Algorand-based marketplace launched in March, to release non-fungible tokens (NFTs). Through this deal, artists signed to the record label and its myriad imprints such as Republic records, Geffen EMI and Virgin Music among others, will be able to release
News
The legal team of Terraform Labs have resigned following the infamous 99.9% crash of LUNA, the native token of the Terra blockchain and de-pegging of UST, Terra’s stablecoin. The Block had reported that the council members all stopped working this month as suggested by their LinkedIn profiles. Those
News
Popular businessman, Elon Musk, has put his Twitter (TWTR) takeover bid on hold noting that will only resume when it is verified that less than 5% of accounts on the platform are fake. Musk had pledged to get rid of fake accounts on the microblogging site when his $42 billion
News
OKX, a notable cryptocurrency exchange has removed margin and borrowing services for Terra ecosystem tokens such as Anchor (ANC), Mirror (MIR), Luna (LUNA), and TerraUSD stablecoin (UST). Confirming the development to CoinDesk, the exchange said it will terminate the exchange-traded UST market for Bitcoin, Avalanche, Solana, and Ether today at
News
Bitcoin, the largest cryptocurrency based on market capitalization, has recovered slightly after gaining over 9% in the last 24 hours. The past week saw Bitcoin have a 5-day straight fall to as low as $24k. However, its price climbed to $30k in the early hours of Thursday and at the
News
It has been a week of free fall for LUNA, the native token of the Terra network, as it lost up to 99.7% of its value. The coin is down from $62 at the beginning of the week and $120 in mid-April. This change in market dynamics has also