Crypto News Archives - Page 9 of 13

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LUNA and UST CEO’s Family Asking for Police Protection

The family of Do Kwon, the face behind LUNA and UST cryptocurrencies, is asking for police protection after a recent break-in….

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Tether (USDT) is Wobbly Hours after UST Crash

Tether is trading below the $1 peg, a concern that users claim may further heap pressure on crypto assets hours after UST crashed….

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Tesla in Red after Bitcoin Crashed Below $30k

Tesla is in red after Bitcoin prices crashed below $30k this week. Tesla could loss over $500 million if BTC falls below $20k….

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A CryptoPunk NFT Sold for $139k Down From over $1 Million

A cryptopunk has been sold for $139k, down from over $1 million the buyer acquired the asset for in 2021, following the recent Bitcoin…

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Amid the Crypto Sell-Off, Wall Street lost over $1 Trillion in Three Days

Wall Street technology companies, including Amazon, Apple, Facebook, and Netflix, cumulatively lost over $1 trillion in value in less than a week….

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Crypto News

Coinbase Shares Slump on Revenue and Subscriber Contraction

Coinbase’s shares dropped to record lows early this week on shrinking revenue and client base as detailed in their Q1 2022 earnings call….

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UST Blows its USD Peg, Drops to as Low as $0.69

The UST has broken its peg with the greenback. Subsequent dump of Bitcoin is keeping the crypto market suppressed….

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Crypto News

The Internet Computer Protocol (ICP) is down over 95% A Year after Launching

The Internet Computer Protocol (ICP) is down over 95 percent a year after launching. The coin is crashing as Bitcoin falls in a bear…

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Are Crypto Whales Manipulating Bitcoin Prices to “Crash” Terra’s UST?

Crypto whales have been accused of deliberately keeping Bitcoin prices low in an attempt to crash Terra’s algorithmic stablecoin, UST….

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Ethereum Miners raked in $1.39 Billion in April, Surpasses Bitcoin’s for the 4th Straight Month

Ethereum mining revenue rose three percent to $1.39 billion in April 2022, outperforming BTC miners for the fourth straight month….

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Banks in Argentina Barred from Processing Crypto Buy Requests

Argentinian banks have been banned from processing all crypto purchase requests from clients following a directive from the central bank….

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Elon Musk: Binance Contributed $500 Million to Finance Twitter Takeover

In a SEC filing, billionaire Elon Musk said Binance contributed $500 million in cash to assist his Twitter takeover bid….

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Apecoin Crashes 97% Below All-Time High

Apecoin has now crashed 97% below its all time high. The impact has also been felt in the Ape NFTs which now have seen…

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Aave Protocol to Create a Stablecoin, GHO

Aave DAO, the governance body of the Aave Protocol, have voted to create an overcollateralized stablecoin, GHO….

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Bitcoin Spikes, FED Chair Oozes Confidence in Taming Inflation

Bitcoin prices are moving higher following the U.S. FED decision to hike interest rates to tame rising inflation….

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Kraken Reportedly Violated U.S. Sanctions on Iran

Kraken will likely get a fine from the U.S. Treasury Department for reportedly permitting Iranians to trade assets using its platform….

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The SEC Investigating Coinbase for Listing Securities

Coinbase is reportedly being investigated by the U.S. SEC for listing digital assets the regular claim to be securities….

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Analyst: Bitcoin Has a Solid Base to Move Forward

Bitcoin has a solid base to advance after sharp price dips according to Mohamed El-Erian, a revered financial market analyst,….

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U.S. Bill Demands Stablecoin Reserves be in Cash and Treasuries

Stablecoin issuers like Tether Holdings and Circle Inc. will have to keep their reserves in cash and treasuries if this bill becomes law….

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Polygon Releases the zkEVM to Scale Ethereum

Polygon has released the first implementation of zkEVM to scale Ethereum and ensure EVM equivalence while ensuring high performance….

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Algorand Foundation Possibly lost Millions of Dollars in ALGO to 3AC

Algorand Foundation is one of the over 25 creditors seeking damages from the collapsed crypto hedge fund, 3AC….

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Coinbase: USDC, USDT to Face More Liquidity Problems if The FED Hikes Interest Rates

A Coinbase report predicts that stablecoins, including USDC and USDT, will face liquidity challenges if the FED hikes rates….

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USDC Backed by $55.7 Billion in Reserves Mostly Held in U.S. Treasuries

USDC is sufficiently backed with $55.7 billion in reserves mostly held in U.S. Treasuries and cash in regulated banks….

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Celsius Network Files for Bankruptcy, has $167 Million in Cash

Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals….

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Apecoin Crashes 97% Below All-Time High

Apecoin has now crashed 97% below its all time high. The impact has also been felt in the Ape NFTs which now have seen…

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Aave Protocol to Create a Stablecoin, GHO

Aave DAO, the governance body of the Aave Protocol, have voted to create an overcollateralized stablecoin, GHO….

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Bitcoin Spikes, FED Chair Oozes Confidence in Taming Inflation

Bitcoin prices are moving higher following the U.S. FED decision to hike interest rates to tame rising inflation….

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Kraken Reportedly Violated U.S. Sanctions on Iran

Kraken will likely get a fine from the U.S. Treasury Department for reportedly permitting Iranians to trade assets using its platform….

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The SEC Investigating Coinbase for Listing Securities

Coinbase is reportedly being investigated by the U.S. SEC for listing digital assets the regular claim to be securities….

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Analyst: Bitcoin Has a Solid Base to Move Forward

Bitcoin has a solid base to advance after sharp price dips according to Mohamed El-Erian, a revered financial market analyst,….

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U.S. Bill Demands Stablecoin Reserves be in Cash and Treasuries

Stablecoin issuers like Tether Holdings and Circle Inc. will have to keep their reserves in cash and treasuries if this bill becomes law….

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Polygon Releases the zkEVM to Scale Ethereum

Polygon has released the first implementation of zkEVM to scale Ethereum and ensure EVM equivalence while ensuring high performance….

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Algorand Foundation Possibly lost Millions of Dollars in ALGO to 3AC

Algorand Foundation is one of the over 25 creditors seeking damages from the collapsed crypto hedge fund, 3AC….

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Coinbase: USDC, USDT to Face More Liquidity Problems if The FED Hikes Interest Rates

A Coinbase report predicts that stablecoins, including USDC and USDT, will face liquidity challenges if the FED hikes rates….

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USDC Backed by $55.7 Billion in Reserves Mostly Held in U.S. Treasuries

USDC is sufficiently backed with $55.7 billion in reserves mostly held in U.S. Treasuries and cash in regulated banks….

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Celsius Network Files for Bankruptcy, has $167 Million in Cash

Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals….

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