Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Binance Labs Announces a $500M Fund Focused on Web3 Projects
Reading Time: < 1 minuteBinance’s venture capital arm Binance Labs has announced the launch of a $500 million fund.
Game Developer Akatsuki Releases a Web 3.0 $20M Fund
Reading Time: < 1 minuteJapanese company Akatsuki Inc. has announced it has created a $20 million fund dubbed Emoote that will focus on investments in Web3 projects.
Tezsure Launches a Decentralized Bridge Between Ethereum and Tezos
Reading Time: < 1 minuteTezsure has announced it has successfully launched the Plenty bridge, a decentralized bridge between Ethereum and Tezos.
Morgan Stanley Says That Venture Capital Activity Remains High
Reading Time: < 1 minuteAccording to the latest report released by Morgan Stanley, the number of venture deals in the crypto industry remains high, despite the deep market correction.
DEX Symbiosis Releases a Tool That Allows Automatic Deposits of Liquidity to DeFi Protocol Pools
Reading Time: < 1 minuteSymbiosis, a decentralized exchange, has added ZAP technology, which automates the receipt of LP tokens from pools.
Developers Use Ropsten Testnet to Test Ethereum Networks Merger
Reading Time: < 1 minuteThe rehearsal for the merger of blockchains on the PoW and PoS consensys algorithms of the Ethereum testnet called Ropsten will last from June 2 to 8.
Investors Who Lost $30M Rob a Crypto Expert in the UAE
Reading Time: < 1 minuteSix investors from the UAE have attacked a cryptocurrency expert who had made them lose $30 million.
Dogecoin Co-founder Says Crypto Winter Has Not Started
Reading Time: < 1 minuteDogecoin (DOGE) co-founder Jackson Palmer has ruled out the onset of a crypto winter.
Christine Lagarde Says Her Son Has Invested in Crypto
Reading Time: < 1 minuteChristine Lagarde has said that her son is investing in cryptocurrencies.
The Price of Gaming Token WEMIX Jumps by 250%
Reading Time: < 1 minuteThe price of gaming token WEMIX has increased by almost 268% in just two weeks, jumping from $1.27 to $4.70.
Crypto Spam Has Grown 4,000% Since 2020
Reading Time: < 1 minuteThe number of various bots and spam actively distributed in the crypto space by various attackers has grown by almost 4,000%.
Splinterlands Has Sold More Than 2,270 Validator Node Licenses
Reading Time: < 1 minuteSplinterlands, and NFT game operator, has recently launched an open sale of licenses for validator nodes.
Tether Issues a Stablecoin Pegged to Mexican Peso
Reading Time: < 1 minuteTether, the issuer of USDT has launched the MXNT stablecoin, which is pegged to the Mexican peso.
StarkWare Reaches $8B Valuation After Raising $100M
Reading Time: < 1 minuteThe project specializing in second-tier scale-out solutions has just completed a $100 million funding round.
JPMorgan Analysts Say $38,000 is the Fair Price of BTC
Reading Time: < 1 minuteThe fair price of Bitcoin is at $38,000, and cryptocurrencies have overtaken real estate as one of the preferred “alternative assets.”
LayerZero Wants to Hit a $3B Valuation
Reading Time: < 1 minuteThe developers of omnichain protocol LayerZero expect to raise additional funding, which will triple the startup’s valuation to $3 billion.
The Mayor of Miami Still Receives Salary in BTC Despite Market Crash
Reading Time: < 1 minuteThe mayor of Miami has said he continues to receive his salary in the crypto.
Digital Securities Trading Platform ADDX Attracts $58M
Reading Time: < 1 minuteSingaporean digital securities exchange platform ADDX has raised $58 million in a pre-Series B funding round.
Gaming Startup Bud Raises $36M
Reading Time: < 1 minuteMetaverse app developer Bud has completed a $36.8 million Series B funding round led by Sequoia Capital India.
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