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27 May 2022
Update on Russia Crypto Adoption
Faced with financial sanctions in response to the invasion of Ukraine, Russia authorities are intensifying their use of cryptocurrencies to circumvent the restrictions. The country's central bank re
News
27 May 2022
The Winklevoss Twins Are Still Very Much Into Crypto
Twins Winklevoss and Miami Mayor Suarez discussed their hopeful outlook on the cryptocurrency business despite its recent slump. Suarez said that he is being paid in Bitcoin, whilst the twins are in
News
26 May 2022
LUNA Sees Huge Comeback In Time For Terra 2.0
To celebrate Terra 2.0's forthcoming debut on Friday, May 27th 2022, LUNA will be airdropped to all holders of LUNC, USTC, and UST who qualify. Pre-attack users with wallets holding fewer than 10
News
26 May 2022
TCG World Sold a $5 Million Virtual Property In the Metaverse
TCG World has announced an exciting new strategic partnership with Curzio Research Inc., which has purchased 19 commercial real estate properties within the TCG World Metaverse for $5,000,000. The a
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26 May 2022
Ark Investment Is Trying to Get a Spot Bitcoin ETF Again
Ark Investment and 21Shares have submitted a new application with the Securities and Exchange Commission (SEC) to establish a spot Bitcoin ETF on the Cboe BZX Exchange. The businesses have filed an
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25 May 2022
MonkeyPoxInu Creators Steal $400 Million
MonkeyPoxInu (MPOX) coin was introduced on May 21 and lost 99 percent of its value three days later on May 23. It was named after the recent return of the MonkeyPox virus. According to a tweet by
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25 May 2022
Do Kwon Speaks on Terra 2.0
In the midst of the outrage produced by TerraUSD (UST) de-pegging, the project's co-founder Do Kwon looks to have steel nerves, remaining undisturbed by the upheaval. He maintains that the in-house
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25 May 2022
Lido Finance Is Not Supporting Terra 2.0
Lido Finance, the world's largest liquidity staking pool platform, said on Wednesday that the Lido staking pool will not be available on Terra 2.0. The Lido DAO community rejected the idea to suppor
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25 May 2022
Central African Republic will open its first crypto investment hub
The Central African Republic (CAR) has announced intentions to open its first cryptocurrency investment hub, only a month after recognizing bitcoin as legal cash. The president of the Central Africa
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24 May 2022
Billionaire Ray Dalio Still Going Strong on Bitcoin
Ray Dalio, the billionaire CEO of a $150 billion hedge fund, has stated that he is still positive on Bitcoin. Dalio recently stated in an interview with CNBC that fiat currency is still inferior.
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24 May 2022
Scott Minerd Thoughts on Bitcoin
If present negative tendencies persist, Scott Minerd, the firm's founding managing partner and chief investment officer (CIO), believes bitcoin (BTC) may trade as low as $8,000. Minerd recently w
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24 May 2022
Binance Struggle With The Indian Market
The Indian government has taken a hard line on cryptocurrency use and trade. The administration, on the other hand, has yet to develop a regulatory framework for digital assets. Meanwhile, Binance,
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24 May 2022
ECB President Says Crypto Is Worth Nothing and Should Be Regulated
According to Bloomberg, European Central Bank (ECB) President Christine Lagarde recently expressed her views on crypto, stating that digital assets are not only hazardous but also useless. She st
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24 May 2022
PayPal could soon start accepting cryptocurrencies
PayPal, one of the world's most popular online payment systems, will soon accept all types of crypto and blockchain services. Richard Nash, the company's vice president, informed me of this. Nash
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24 May 2022
Balenciaga To Start Accepting Crypto Payments
Balenciaga, a high-end fashion house, has announced that bitcoin, Ethereum, and other cryptocurrencies would be accepted as payment methods both online and in select shops. Although the timing ma
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23 May 2022
Do Kwon Being Sued By Investors for Fraud and $78 Million Tax Evasion
Terra's Do Kwon has been sued by the impacted investors in both criminal and civil cases. The outraged investors are presently seeking fraud charges and an order to confiscate Kwon's assets, represe
News
22 May 2022
Binance’s Changpeng Zhao on Terra
Binance CEO Changpeng Zhao recently offered his opinions on the Terra ecosystem's demise. While CZ feels there are several lessons to be drawn from the catastrophic occurrence, he did identify some
News
22 May 2022
Highlight: Bitcoin Pizza Day 2022
Cheers to Bitcoin Pizza Day! Before you order a Margherita to honor the world's first real-world Bitcoin transaction, consider this fact: A family vacation to Japan, a 50 Cent record, a steak sup
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22 May 2022
United Kingdom Treasury Legalizing Stablecoins
The United Kingdom announced aspirations in April to become a crypto center and legalize stablecoin transfers. Following last week's events, many expected Her Majesty's Treasury to put these intenti
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22 May 2022
G7 Want Crypto Regulation to Be Swift and Rapid
Last week, G7 Finance Ministers and Central Bank Governors convened to discuss global economic circumstances, including cryptocurrencies. The committee was joined by the heads of the Internationa
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21 May 2022
The CFTC has accused two people of $44 million in crypto fraud
The United States Community Futures Trading Commission (CFTC) has accused two US individuals, Sam Ikkurty and Ravishankar Avadhanam, of participating in a cryptocurrency Ponzi scheme that defrauded
News
20 May 2022
Panama President Will Not Be Signing a Crypto Bill Right Now
Panama President, Laurentino Cortizo, has stated that he will not sign off on a cryptocurrency bill just adopted by the country's National Assembly until further anti-money laundering rules are enac
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20 May 2022
Officials in India Fear Dollarization of Economy If Crypto Is Accepted
Top Reserve Bank of India (RBI) officials have informed a parliamentary committee that the acceptance of cryptocurrencies may lead to a degree of dollarization of the economy. It will limit the cent
News
20 May 2022
The Stablecoin Market Is Still in a Fix
When Terra LUNA and its UST stablecoin crashed, Stablegains allegedly placed investor assets in Anchor Protocol without alerting them, losing around $42 million. Yield calculator After losing mor
News
20 May 2022
Despite Everything, Crypto Has Been Gaining Massive Adoption Lately
TAG Heuer, a Swiss watchmaker owned by LVMH, and online marketplace Shopify now accept crypto payments, which is a huge step forward for crypto adoption. The announcement comes only days after Gu
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20 May 2022
Tether (USDT) Discloses That Its Reserves Are Fully Backed
After the stablecoin lost its peg to the US dollar last week amid the $UST drop, Tether Holdings Limited has stepped out to allay fears of a probable USD/USDT decline. The world's largest stablecoin
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20 May 2022
Jack Dorsey Thinks Bitcoin Is the Currency of the Internet
According to CNBC, Jack Dorsey, CEO and co-founder of Block (previously known as Square), has reaffirmed Bitcoin's potential as a native digital money. Dorsey said today at the Block's investor c
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20 May 2022
FTX Launches Stock Trading In The U.S.
In the United States, cryptocurrency exchange FTX has purportedly begun commission-free stock and ETF trading. However, the service will initially be limited to a small number of customers, with a c
News
19 May 2022
80% of Voters Want Terra Network To Be Rebirth
The TerraBuilderAlliance, Do Kwon, and other members of the community have agreed to fork Terra Luna in order to save the Terra environment. The voting is now open on Terra Station, and LUNA token h
News
18 May 2022
Cardano New Research on the Blockchain
Cardano, a notable blockchain project, has published a new study paper on decentralized blockchain governance aspects. Aggelos Kiayias and Philip Lazos, blockchain experts at IOHK, blockchain res
News
18 May 2022
Axie Infinity Under Attack Yet Again
Axie Infinity revealed on Twitter that the MEE6 bot on its Discord channel had been compromised. The MEE6 team has denied that its bot was attacked. The MEE6 bot is quite popular on Discord, and
News
17 May 2022
5 Brilliant Ways To Use Polkadot
Blockchain technology is allowing for new and exciting innovations in the world of modern business. One example of this is the emerging concept of Polkadot, which is a platform that can truly bring
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17 May 2022
Terraform Legal Team Just Quitted
The legal team at Terraform Labs has resigned. Marc Goldich, Lawrence Florio, and Noah Axler, all members of the Counsel team, left the firm in May, according to their LinkedIn accounts. The Block a
News
17 May 2022
CFTC Chair Considers BTC and ETH a Commodity
The Commodity Futures Trading Commission (CFTC) Chair, Rostin Behnam, declared that Bitcoin (BTC) and Ethereum (ETH) are commodities. On Monday, he mentioned this in an interview with CNBC's Squawk
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17 May 2022
Whales Filling Up On Cardano (ADA) Sees Possible Huge Rally
Major cryptocurrencies failed to recover over the weekend after a brutal sell-off for the most of this week, adding around 8% to the entire market value. Cardano is moving different. A multitude
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17 May 2022
Australia to Prioritize Crypto Investors This Year
The Australia Taxation Office (ATO) said today that crypto capital gains will be prioritized this year, along with three other critical areas of attention, to guarantee proper tax reporting in Austr
News
17 May 2022
The Crypto Thief Who Stole $42,000
According to Bleeping Computers, a 24-year-old guy was sentenced to five years in jail for stealing crypto worth $41,900 after threatening to cut off the victim's fingers if they failed to comply wi
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16 May 2022
Elon Musk’s Strong Thoughts For Dogecoin (DOGE)
Despite crypto values plummeting in yet another bloodbath this year, Elon Musk has praised Dogecoin, energizing supporters of the canine-themed coin. The reason he likes dogecoin is because it re
News
16 May 2022
Do Kwon Apologizes to the Terra Community
Do Kwon, the Terra blockchain project's brains, has apologized to Terra ecosystem and crypto community members for the recent depegging tragedy. Terra's algorithmic stablecoin, UST, depegged from
News
16 May 2022
Nigeria has issued new crypto rules to increase adoption
The Securities Exchange Commission (SEC) of Nigeria has issued new laws for the issuing and usage of digital assets in the nation, including cryptocurrencies. In April 2021, Coinfomania reported
News
14 May 2022
Do Kwon Bets $11 Million on LUNA Hitting and Staying Above $88
Terra creator Do Kwon gambled about $11 million with two crypto traders on the price of LUNA in March, in a move that has likely aged like milk. Kwon bet that LUNA would trade over $88 in March 2
News
14 May 2022
Coinbase’s stock has dropped to an all-time low
Coinbase, the largest cryptocurrency exchange in the United States, has had an extremely difficult week with the release of a poor first-quarter financial report that featured a contentious disclosu
News
14 May 2022
Bitcoin Now Accepted By UAE’s Largest Airline
Emirates, the United Arab Emirates' (UAE) largest airline, has revealed plans to incorporate "bitcoin as a payment facility." The airline's Chief Operating Officer (COO) Adel Ahmed Al-Redha indic
News
14 May 2022
What distinguishes this bear market from the last one
Crypto.com CEO Kris Marszalek described the devastating drop in the market as a "very terrible day." Total market value losses in the previous seven days total $570 billion, or -33 percent. With
News
13 May 2022
CZ Explains Why Binance Discontinued LUNA and UST
Changpeng Zhao, better known as CZ, is the founder and CEO of Binance. Speaking from his own Twitter account, he explained why he decided to remove LUNA and UST from Binance. TerraUSD (commonly k
News
13 May 2022
Chainalysis is Now worth $8.6 Billion
Chainalysis, a blockchain analytics business, revealed Thursday that it has secured $170 million in a Series F fundraising round at a $8.6 billion value. This indicates that the company's valuati
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12 May 2022
Tether Was Prepared for a Bank Run
Tether CTO, Paolo Ardoino, told us last month that the cryptocurrency was ready for a bank run. Ardoino and the Tether team have done simulations of a 2008-style financial catastrophe and think that
News
12 May 2022
Michael Saylor Thoughts on Bitcoin Tanking
Bitcoin's difficulties are poised to worsen as the crypto asset's price fell further Wednesday, trading at $27,194.41 at one point. Bitcoin's price has recently dropped to its lowest level in 16 mon
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