Hop Protocol reveals details of Hop DAO and Optimism-style airdrop
Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens.
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Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020. Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) […]
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Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billion Lido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido […]
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ApeCoin slides 40% in 3 days despite Otherside metaverse land sale — Here’s why
APE price could see more downside in the coming days as the Otherside hype cools down.
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GameFi News: Tilting Point partners with Polygon Studios, and LootRush raises $12M
Catch up on the latest funding and partnership news about GameFi and Web3 gaming. This week Cointelegraph covers LootRush, Axie Infinity and Polygon Studios. SpongeBob and Warhammer mobile game scores Polygon partnership Free-to-play mobile games publisher Tilting Point has entered a multiyear partnership with Polygon Studios to launch 10 Web3 games […]
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Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
The total value locked on Vector Finance hit a new high after the protocol integrated multiple stablecoins in the Avalanche ecosystem in order to become the network’s largest liquidity hub.
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Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes […]
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Finder’s Fintech Specialists Predict XRP Jumping to $2.55 by December 2022
On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists. According to findings stemming from the participating panelists, ripple could jump to $2.55 per unit by December 2022. However, the prediction relies on Ripple Labs winning or settling its lawsuit with […]
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CFTC commissioner appoints crypto-experienced CME Group director as chief counsel
During his time at the CME Group, Bruce Fekrat regulated crypto reference rates and helped in the development of financial products, including BTC and ETH derivatives. Kristin Johnson, one of five commissioners currently serving at the United States Commodity Futures Trading Commission, or CFTC, has announced that a CME Group […]
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Descending channel pattern and weak futures data continue to constrain Ethereum price
ETH derivatives metrics and technical analysis point toward further downside for Ethereum price.
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Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 […]
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Here’s why blue-chip NFT prices continue to soar nearly a week after the Otherside mint
Most of the NFT market is in a downtrend, but data shows funds continuing to flow into blue-chip tier projects.
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Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy
The acquisition, totaling roughly $1.5 billion, will be used to further backstop Terra Luna’s algorithmic stablecoin UST. Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves. The raise allowed LFG to acquire […]
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How to Get Your Cryptocurrency License in Estonia?
Getting your cryptocurrency license in Estonia is easier said than done. The country is home to only a handful of crypto-friendly regulation authorities, making the process of getting your license difficult for many. However, the government of Estonia is attempting to become a crypto hub by providing ample opportunities for […]
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Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale
On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors. VERSE is meant to bolster Bitcoin.com’s growing infrastructure by providing a utility token that rewards users for contributing to the Bitcoin.com ecosystem. Bitcoin.com’s Private Token […]
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