Cryptocoins News / The Cointelegraph - 1 year ago
ApeCoin (APE), the new cryptocurrency that was recently launched by Yuga Labs, aims to be the bedrock of the Otherside metaverse and recently, the token has experienced massive volatility leading into and after its digital land sale. APE’s price drop...
Cryptocoins News / The Cointelegraph - 1 year ago
Cryptocurrency investors never thought they’d have to ask whether TerraUSD (UST) or LUNA would reach $1 first. On Wednesday, that question became the talk of the cryptosphere as the Terra ecosystem imploded. As the algorithmic stablecoin UST lost its...
Cryptocoins News / The Cointelegraph - 1 year ago
The crisis with Terra’s stablecoin TerraUSD (UST) and the freefall in Terra’s LUNA token has dented crypto sentiment further. Although Terraform Labs CEO Do Kwon announced a relief plan, the community does not seem too hopeful about the revival.Anoth...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto exchange FTX US has applied for a trust charter with the New York Department of Financial Services, or NYDFS, to operate in the state. In a Wednesday announcement, FTX US said it had applied to form a limited purpose trust company with New Yor...
Cryptocoins News / The Cointelegraph - 1 year ago
It goes without question that there has been an influx of excited investors piling into Web3 and this is despite the decrease in total volume sales in the last seven days. Since the start of May, the total market capitalization for nonfungible tokens...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOne day, $860 million more crypto liquidationsData from Cointelegraph Marke...
Cryptocoins News / The Cointelegraph - 1 year ago
The fallout from extreme volatility in the crypto market hasn’t significantly affected Celsius Network, according to its leadership. Seemingly in response to a now-deleted tweet from Twitter user David Belle that claimed the platform had been “comple...
Cryptocoins News / The Cointelegraph - 1 year ago
No matter how hard your day is going, spare a thought for LUNA investors Wednesday. Do Kwon, CEO of Terraform Labs and 18th on Cointelegraph's Top 100, has lost billions of dollars for their investors.Do Kwon's coins came crashing down as brainchild...
Cryptocoins News / The Cointelegraph - 1 year ago
Despite the fact that it still hasn't made a final decision on the launch of the “digital shekel,” Israel’s central bank reported that the public feedback on the project is mainly positive.According to Reuters, on Monday, The Bank of Israel summarize...
Cryptocoins News / The Cointelegraph - 1 year ago
As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about?When I tell the customs official I’m going to Miami for the Bitcoin 2022 conference, there seem...
Cryptocoins News / The Cointelegraph - 1 year ago
Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the industry has grown from strength to strength over the last few years, especially from an adoption perspective. To this...
Cryptocoins News / The Cointelegraph - 1 year ago
The creator of the Fearless Girl statue in New York, which stands for the empowerment of women, has brought the emblem into the crypto space by dropping a nonfungible token (NFT) counterpart for the symbolic art piece. In an interview with Cointelegr...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) dropped by $1,500 in minutes on May 11 as the latest United States inflation data delivered mixed sentiment on the economic outlook.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin puts in fresh 10-month lowsData from...
Cryptocoins News / The Cointelegraph - 1 year ago
East Africa is set to welcome a new cryptocurrency exchange backed by a formidable list of industry heavyweights looking to tap into a continent full of potential users.Coinbase Ventures, Alameda Research, Huobi Ventures and other prominent venture c...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets almost twofold.The SEC's Cyber Unit, w...
Cryptocoins News / The Cointelegraph - 1 year ago
Bancor, the first decentralized finance protocol to introduce liquidity pools, has come out with a new liquidity solution with the launch of its v3, called Bancor 3.Bancor 3 went live with a promise to offer protection against impermanent loss to liq...
Cryptocoins News / The Cointelegraph - 1 year ago
Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra's native stablecoin TerraUSD's (UST) peg with the U.S. dollar.Major AVAX dump ahead?AVAX's price dropped about 30% to reach $32.50 on May 11, its lowest...
Cryptocoins News / The Cointelegraph - 1 year ago
Do Kwon, CEO of Terraform Labs, has not accepted defeat. After an 18-hour wait in which Terra's LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be a rescue plan for the Terra community.LUNA is down 90% f...
Cryptocoins News / The Cointelegraph - 1 year ago
London-based asset manager Fasanara Capital has launched a $350 million investment fund to back fintech and cryptocurrency startups that can deliver new use cases for the emerging Web3 economy. The company, which manages $3.5 billion in assets, is ta...
Cryptocoins News / The Cointelegraph - 1 year ago
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets.Data from Cointelegraph Markets Pro and TradingView showed both the firm’s in-house token, Terra (LUNA) and stable...
Cryptocoins News / The Cointelegraph - 1 year ago
Just three days after debuting in the Indian market, United States-based crypto exchange Coinbase abruptly stopped using United Payments Interface (UPI), the most popular payment service in the region. Coinbase CEO Brian Armstrong later revealed that...
Cryptocoins News / The Cointelegraph - 1 year ago
The founder of the $723.5 million Azuki NFT project who goes by “Zagabond” online caused a sh*tstorm yesterday after revealing that they had previously worked on three noabandoned NFT projects. After facing strong backlash from the NFT community, the...
Cryptocoins News / The Cointelegraph - 1 year ago
The founder of the $723.5 million Azuki nonfungible token (NFT) project “Zagabond” caused a sh*tstorm yesterday after revealing that they had previously worked on three abandoned NFT projects. After facing strong backlash from the NFT community, they...
Cryptocoins News / The Cointelegraph - 1 year ago
A Russian independent news company has raised more than $250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship. Meduza, a Latvian-based Russ...
Cryptocoins News / The Cointelegraph - 1 year ago
The VeChain Foundation has released its financial report for Q1 2022, showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter.VeChain is a layer-1 blockchain project designed to enhance s...