Terra’s UST Depegs After a Massive $285M Dump of the Stablecoin on Curve Finance and Binance
Summary: Terra’s UST has depegged from the one dollar mark after massive selling of the stablecoin on Curve Finance and...
Ethereum
2020’s Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash
Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the...
Instagram To Soon Support NFTs on Ethereum, Polygon, Solana and Flow
Summary: Meta’s Instagram will soon support NFTs on Ethereum, Polygon, Solana, and Flow Users of Instagram will not be charged...
Bitcoin Could Find a Floor at $28k – BTC Analyst
Summary: Bitcoin could find a floor at $28k based on its correlation to the S&P 500 $28k also happens to...
Tron DAO Buys $39M Worth of TRX as Reserves for its USDD Stablecoin Whose Circulating Supply Has Exceeded $200M
Quick take: Tron DAO has purchased 504,600,250 TRX at $38.993 million as part of its reserves for the USDD stablecoin...
Terra Drops 9.6% in 24-hours Despite the Luna Foundation Buying $1.5B Worth of Bitcoin
Summary: The digital asset of Terra (LUNA) has dropped by almost 10% in the last 24 hours This is despite...
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 billionThe purchase is in line with Do...
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 caseMr. Hayes...
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 lockedApproximately $19.1...
Michael Saylor: New York’s Proposed Bitcoin Law is Damaging to the Environment, Reputation and Economy of the State
Quick summary: Microstrategy CEO, Michael Saylor, has said that the proposed Bitcoin and crypto regulation based on energy use in...
Starbucks to Venture into Web3 by Launching NFTs Later this Year
Quick take: Starbucks plans to build its own NFT collection, building a community on an environmentally sustainable Web3 platform The...
Microstrategy Could Get a Margin Call if Bitcoin Drops to $21k, But the Company is Prepared
Summary: Michael Saylor’s Microstrategy could face a margin call on its debt if Bitcoin drops below $21k However, the company...
Ethereum Founder Vitalik Buterin Says ETH Gas Fees Should Cost Less Than $0.05
The OG blockchain founder said gas fees lower than $0.05 should be the goal ETH transactions have been notoriously high...
SEC Willing To Approve a Spot Bitcoin ETF if Adequate Surveillance Measures Are in Place
The United States Securities and Exchange Commission seems willing to approve a spot ETF if adequate surveillance measures are in...
Elon Musk Unveils BAYC Avatar Mashup On Twitter and ApeCoin Surges Over 15% Right After
Elon Musk changed his Twitter Avi to an NFT collage featuring Bored Apes The centerpiece of the collage shows a...