Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Decentralized Platform EarthFund Rolls Out “DAO-as-a-Service” System
Reading Time: < 1 minuteEarthFund, a decentralized platform that allows users to set up DAOs to fund causes, has announced it will launch next June 15.
Tokenized Ethereum of the Lido Platform Falls by 5% Compared to Original Ethereum
Reading Time: < 1 minuteThe discount for Ethereum-based Lido Finance tokens, stETH, has exceeded 5% amid the sale of the asset by large holders.
Indian Social Network Chingari Announces Annual Distribution of $12M in Native Tokens
Reading Time: < 1 minuteIndian social network Chingari has launched the GARI Mining program, within which it will annually reward users in the equivalent of $12 million.
MicroStrategy’s Paper Loss Exceeds $1B
Reading Time: < 1 minuteThe “paper” loss of analytical software provider MicroStrategy from holding Bitcoins has exceeded $1 billion.
Tether Says Celsius Incident Has Not Affected USDT Reserves
Reading Time: < 1 minuteUSDT issuer Tether has said the negative events surrounding the project has not affected the financial stability of the USDT.
Bank of Sweden Calls for a Ban on Bitcoin to Protect the Environment
Reading Time: < 1 minuteThe Riksbank has published a report “Cryptocurrencies and their impact on financial stability,” in which it has shared the results of its own research on mining on the Proof-of-Work consensus algorithm.
VanEck CEO: Bitcoin Will Reach $250,000
Reading Time: < 1 minuteVanEck Asset Manager CEO Jan van Eck has said he believes the Bitcoin price will hit $250,000.
1inch Network Project Integrates Opium Protocol Liquidity Pools
Reading Time: < 1 minuteDeFi project 1inch Network has integrated the liquidity pools of the cryptocurrency derivatives platform Opium Protocol into its decentralized application.
Three Arrows Capital and Alameda Research Invest in DEX Orderly Network
Reading Time: < 1 minuteOrderly Network, a NEAR-powered decentralized exchange, has raised $20M from strategic investors.
Felix Capital Raises $600M to Invest in Web3 Projects
Reading Time: < 1 minuteUK-based venture capital company Felix Capital has raised $600 million for a Web 3.0-focused investment fund.
Tether is Launching USDT on Tezos Blockchain
Reading Time: < 1 minuteTether, the issuer of the stablecoin USDT, has announced it will launch Tether tokens (“USDt”) on the Tezos blockchain.
Yuga Labs Removes Unlimited Release of BAYC Collection NFTs
Reading Time: < 1 minuteThe Yuga Labs team has withdrawn the smart contract that allowed it to release an unlimited number of NFTs from the Bored Ape Yacht Club (BAYC) collection.
Ethereum Developers Switch Ropsten Testnet to Proof-of-Stake
Reading Time: < 1 minuteThe Ethereum development team has migrated the Ropsten testnet to the Proof-of-Stake (PoS) consensus algorithm.
PayPal Adds Possibility to Withdraw Crypto to External Wallets
Reading Time: < 1 minutePayments company PayPal has opened the possibility of transferring cryptocurrencies between accounts, as well as their withdrawal to third-party wallets.
Telegram Denies the Leak of More Than 137 GB of Messages from Crypto-related Chats
Reading Time: < 1 minuteTwitter user adyingnobody has claimed he was able to access 137.21GB of messages from Telegram users.
DeFi Project Opium Adds Support for Dutch Auctions
Reading Time: < 1 minuteThe Opium Protocol project team has recently added support for Dutch auctions for the DeFi Option Vaults product and other automated strategies.
SEC Opens Investigation into Binance’s BNB Token
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has recently started investigating whether Binance’s native token BNB was a security when the company held its ICO in 2017.
Mining Company Northern Data Increases Miner Fleet
Reading Time: < 1 minuteGerman mining company Northern Data mined 295 BTC in May.
Gala Games Will Launch First NFT Game on Epic Games Store
Reading Time: < 1 minuteEpic Games Store users will have access to the first NFT game GRIT on the platform before the end of 2022.
FTC: Victims of Scams Lose More Than $1B in Crypto
Reading Time: < 1 minuteConsumers lost more than $1 billion in digital asset scams from January 2021 to March 2022.
The Volume of Blocked Funds in DeFi Ecosystem Crashed by 43% Last Month
Reading Time: < 1 minuteBitcoin and Ethereum fell by 15.6% and 28.8% at the end of May, respectively, and the total value of assets in the DeFi segment fell by 43%.
Buterin Criticizes Moratorium BTC Mining in New York
Reading Time: < 1 minuteEthereum co-founder Vitalik Buterin has joined in the criticism of New York State’s moratorium on carbon-based electricity mining.
Japan Approves Bill for Stablecoin Regulation
Reading Time: < 1 minuteThe Japanese parliament has just passed a bill aimed at regulating stablecoins in the country following the recent collapse of the TerraUSD stablecoin.
Manta Network and Acala Launch a Bridge Between Parachains
Reading Time: < 1 minuteThe Acala and Manta Network projects have recently opened an HRMP channel between the Karura and Calamari parachains.
Terra 2.0 Validator: There Might Be an Algorithmic Stablecoin on the Network
Reading Time: < 1 minuteOrbital Command has noted the rollout of the DEX should be followed by the launch of the stablecoin.
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