Terra’s Do Kwon Refutes Claims that He Siphoned off $2.7B From the Project Before LUNA’s and UST’s Collapse
Summary: Terra’s Do Kwon has refuted claims that he cashed out $2.7 Billion from the project before LUNA’s and UST’s...
Month: June 2022
Yuga Labs and BAYC Co-Founder Raises the Alarm on Possible Attack on the Projects’ Social Media Accounts, Especially Twitter
Key takeaways: Yuga Labs and Bored Ape Yacht Club Co-founder has warned that there may soon be an attack on...
Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin
Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade...
Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%
Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds...
Crypto Market Pullback Imminent, According to Top Analyst – Here’s His Downside Targets for Bitcoin and Altcoins
A closely tracked market analyst is predicting a significant pullback for Bitcoin (BTC) and altcoins, which he says could drive...
UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph
The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the...
What can other algorithmic stablecoins learn from Terra’s crash?
The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics...
Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST
Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing...
Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to...
New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies
American Express and Abra are launching a new credit card that will allow shoppers to earn cryptocurrency rewards “tradable across...
Jack Dorsey’s TBD to create Web5 on the Bitcoin blockchain
Jack Dorsey is not a supporter of Web3. In the past, Dorsey, alongside Elon Musk, has mocked the Web3 sector,...
Samsung Asset Management Plans to Launch a Blockchain ETF
Samsung Asset Management in Hong Kong (SAMHK), the local subsidiary of the Samsung investment division, has announced the launch of...
Swedish central bank criticized for calling for a ban in PoW ban
The proof-of-work mining system has been under stack over the past few weeks. New York recently passed a bill that...
Central authorities have demonized privacy — Crypto projects must fight back
Zcash (ZEC), a privacy coin that launched in 2016, unveiled an upgrade to its system on May 31 that will...