Terra collapsed because it used hubris for collateral — Knifefight – Cointelegraph Magazine
The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted...
Bitcoin
SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens...
Brock Pierce Weighs In On Terra Stablecoin Crash
Bitcoin Foundation Chairman and Tether co-founder Brock Pierce sat down with Bloomberg, weighing in on the demise of TerraUSD as...
Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion – Blockchain Bitcoin News
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen...
20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation – Regulation Bitcoin News
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The...
Bill Gates Does Not Own Crypto Because It Doesn’t Have Product Value
The American computer programmer and entrepreneur who co-founded Microsoft Corporation – Bill Gates – revealed he had not distributed some...
Bitcoin Price Prediction for Today, May 20: BTC Fails to Push Higher as Price Moves Away from $30,000
At the time of writing, the Bitcoin price prediction is dropping over 1.60% within 24 hours as it trades at...
Declining Celsius Yields Ignite Investor Concerns: Reports
Reports are suggesting that all may not be well at the Celsius crypto lending platform. Some customers claim they have...
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations – Regulation Bitcoin News
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a...
Australia’s CBA Delays Crypto App Launch; Seeks More Regulatory Clarity
Commonwealth Bank (CBA), the first bank in Australia to announce crypto-services, has reportedly halted its decision to launch the app...
Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15
Avalanche (AVAX) has emerged as one of the worst-performing cryptocurrencies among the top-ranking tokens in the last 24 hours, partially...
Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market
Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two...
Why Michael Saylor Should Stop Pitching His ‘Orange Check’ Twitter Plan
Michael Saylor has a plan to save Twitter from spambots and other bad actors and he wants you to know...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm – Mining Bitcoin News
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction....
10 Best Cryptocurrencies to Invest in 2022 for Short-term Gains
Cryptocurrency prices have had a difficult year in 2022 as investors continue worrying about a number of factors. The most...
Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions – Regulation Bitcoin News
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors...
Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon – Blockchain Bitcoin News
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain....
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says – Finance Bitcoin News
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian...
but Here is the Good News
Last week’s rollercoaster continues to impact the cryptocurrency market in one or more ways, as IntoTheBlock data indicated that approximately...
Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX – Bitcoin News
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding...
Fear Prevails in Crypto Market as Bitcoin Tumbles
Key Takeaways The crypto market has lost over $1.7 trillion of value in the last seven months. Terra’s recent death...
