Crypto News in 60 Seconds
May 15, 2022
Binance CEO CZ will assist the Terra community, but he expects greater openness. CZ stated that “minting and forking don’t produce value,” referring to the possible concerns with forking Terra. Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, publicly questioned the concept of hard forking the Terra blockchain to revitalize the once-thriving LUNA and […]
May 14, 2022
Crypto.com unblocks users and reverses glitched LUNA trades that generated 30-40x returns. On May 13, Crypto.com immediately suspended trading when an internal tool spotted the system reporting false LUNA pricing. As Terra’s death spiral witnessed an unrecoverable price drop of LUNA and stablecoin UST, Crypto.com was one of the only crypto exchanges to keep […]
May 10, 2022
Investors Flee Terra Anchor as UST Stablecoin Repeatedly Loses $1 Peg Anchor, the Terra blockchain-based yield-generating protocol, has had $5 billion in deposits, or more than a third of the total, disappear over the last few days, in what amounts to a crypto-style bank run on one of the blockchain industry’s most popular initiatives. Deposits […]
OpenSea Discord Server Compromised, Phishing Links Posted OpenSea, the main NFT marketplace, had its Discord server hacked in order to execute frauds. PeckShield, a blockchain security business, and other users’ tweets drew attention to the situation. As a consequence, OpenSea validated the action taken in response to the problem. One of the customers expressed concerns […]
May 9, 2022
Multi Protocol Decentralized Exchange Bashoswap Is Set to Launch It’s DEX on Cardano Multi-Protocol Decentralized Exchange Bashoswap Is Set to Launch Its DEX on Cardano. Bashoswap, a Cardano-based decentralized exchange that will be compatible with both the Cardano and Milkomeda networks, is scheduled to launch on the Cardano test net in the coming months. A […]
May 3, 2022
Hawaii Senate councils favor task force to govern crypto, blockchain Two councils of the Hawaii State Legislature Commerce and Consumer Protection or CPN and Ways and Means WAM unanimously authorized the launch of a specialized task force to analyze the use and legislation of the crypto ecosystem. In a letter, legislative members Donovan Dela Cruz […]
May 2, 2022
Solana bears 7th outage in 2022 as bots occupy the system NFT punching bots on Solana contributed over 4M transactions per sec, blowing validators out of consensus and slamming the system for over 7 hours. The Solana system endured a 7 hour outage overnight due to a huge number of transactions from the NFT coining […]
April 29, 2022
Goldman Sachs proposes 1st Bitcoin-backed loan as Wall Street surrounds crypto Goldman Sachs has requested its 1st Bitcoin-backed loan, showing further signs of increased interest in digital currency from Wall St institutions. A spokeswoman from Goldman said to Bloomberg that the multinational investment bank had lent currency collateralized by Bitcoin owned by the borrower for […]
April 28, 2022
BlackRock inaugurates blockchain industry ETF, titles crypto as 1 of 3 huge chances The world’s hugest asset manager has inaugurated a blockchain ETF, giving clients tremendous disclosure to crypto and blockchain-related firms. BlackRock has officially inaugurated a blockchain-focused exchange-traded fund or ETF that gives investors disclosure to the crypto and blockchain business without wanting to […]
April 26, 2022
Crypto lender Maple Finance widens support for Solana After broadening beyond Ethereum to Solana, Maple Finance anticipates its Solana app to govern $300M worth of liquidity by the end of 2022. Crypto capital markets forum Maple Finance has broadened assistance to the Solana blockchain and has deployed a $45M fund to spur ecosystem development. The […]
April 25, 2022
SkyBridge goes all-in on crypto, betting on enormous development ahead SkyBridge founder Anthony Scarramucci said that they think the digital currency markets depict enormous growth. SkyBridge Capital is helping in pivoting the majority of its assets under management to digital assets, as the area affects enormous growth for the company. The hedge fund was established […]
April 19, 2022
Crypto startup Blockchain.com scheming 2022 IPO Blockchain.com would be just the 2nd crypto trade to go public in the U.S. if it can execute an IPO before Binance. The US is striving to do the same. Crypto exchange and block explorer Blockchain.com has started speaking with American banks to investigate how it may hold a […]
