Summary: 30,000 BTC has flowed out of the Coinbase crypto exchange This amount could be a sign that institutional investors are once again interested in Bitcoin President Biden’s executive order on digital assets could be a reason for the renewed interest as it did not create any significant hurdles for Bitcoin investors The United States …
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Summary: Justin Sun has issued a counter-offer to buy Twitter at $60 per share Justin’s bid is 10.7% higher than Elon Musk’s at $54.20 The founder of Tron wants to see Twitter become a private entity, more open, and adopt a decentralized Web3 framework Crypto Twitter had mixed feelings about Justin Sun’s offer to buy …
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Cardano’s founder Charles Hoskinson proposed a new deal to Elon Musk Hoskinson tweeted that he wants to build a DeFi platform from scratch with Musk in case his Twitter deal goes awry. Cardano’s founder Charles Hoskinson has proposed a counter deal to Elon Musk, suggesting that if his Twitter buy-out fails, Musk is welcome to …
Contrary to the community’s expectation, the Ethereum merge date will be extended and probably is not taking place this June. However, with all the happenings since the beginning, the merge is still worth the wait. A Predictable Delay For as long as we’ve known, the Ethereum team has taken a long journey to get close …
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Summary: Aval Labs has reportedly raised $350 million in a round of funding at a $5.25 billion valuation The funding round has not been officially reported Avalanche is hot on the heels of the prominent blockchains of Ethereum and Solana AVAX has already captured the attention of the Luna Foundation that has added it to …
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Summary: Amazon CEO, Andy Jassy, believes cryptocurrencies will become more significant over time Mr. Jassy admits he does not own Bitcoin nor NFTs Amazon could sell NFTs in the future However, the online retailer is not keen to add crypto payments to the platform. Amazon CEO Andy Jassy, who replaced Jeff Bezos in mid-2021, believes …
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Crypto proponent and YouTuber Coffeezilla called out Safemoon’s former marketing lead for shady transactions Coffeezilla says the project member identified as Ben Phillips led a pump and dump scheme for months Phillips allegedly made $12 million dollars from misleading investors on social media Ben Phillips, a social media influencer and ex-promotions officer for SafeMoon has …
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Tesla CEO Elon Musk submitted an offer to completely buy Twitter for an estimated $43 billion Elon’s takeover attempt comes shortly after scooping a 9.2% stake in the social media giant in March Musk wants to take the company private and says the offer is final FTX CEO Sam Bankman-Fried believes the platform could feature …
Terraform Labs has donated 10 million LUNA — worth roughly $880 million — to the Luna Foundation Guard (LFG). The Luna Foundation Guard has billions in its treasury and holds nearly 40,000 BTC. LUNA has been experiencing a price surge since the start of 2022. Terraform Labs has announced that it donated 10 million LUNA …
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Popular Japanese social messaging app Line has launched its own NFT marketplace Users will be able to access NFTs via the Line BITMAX wallet, which can be connected to their official Line accounts to store NFTs in the long run. Japan’s most popular social messaging app Line has finally unveiled its integrated NFT marketplace called …
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Quick take: Blackrock Inc. is reportedly studying cryptocurrencies as the firm continues to see increased interest from its clients According to Blackrock’s CEO, the war in Ukraine could accelerate the adoption of digital assets Based in New York, Blackrock Inc. has over $10 Trillion in assets under management Blackrock Inc. is reportedly studying the crypto …
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Quick take: Ethereum core developer Tim Beiko has confirmed that the Ethereum merge will not happen in June as anticipated Tim Beiko believes it will come ‘in the few months after’ June However, Ethereum developers are in the final chapter of transitioning the network from proof-of-work to proof-of-stake Approximately 11.4 million ETH has been deposited …
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USDT stablecoin issuer Tether has disclosed a strategy geared towards cutting down on the company’s commercial debts The move could aid in quelling doubts pertaining to the firm’s transparency Tether’s decision comes on the back of controversy regarding its commercial paper holdings and reduced cash reserves Also, the popular stablecoin was recently launched on the …
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Virtual asset service provider Nexo has launched a crypto-backed credit card service It allows users to spend money and make payments while leveraging their cryptocurrencies as collateral The feature is powered by a partnership with settlement giants Mastercard and DiPocket European users will be first to receive access to Nexo’s latest service before the feature …
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Celsius Network posted an update saying that new deposits would not receive interest. However, accredited investors would still receive interest on deposits. Other platforms like BlockFi and Nexo have also been affected by U.S. authorities’ actions. The crypto community is not pleased with the changes, saying that it hurts their investments. The United States Securities …
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