Lucky Block Unlocks Utility and Rewards for Token Holders
The native utility token for the Lucky Block ecosystem, LBLOCK, launched recently and so far has attracted over 52,000 unique...
Month: May 2022
VeChain Foundation unveils $1.2B crypto treasury… but spent just $4M in Q1
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the...
New York digital media company the latest to add Bitcoin to balance sheet
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said...
dYdX releases an app: Why haven’t more DeFi protocols followed suit?
Perpetual contract trading platform dYdX has launched an app for users outside of the U.S. that will offer the same...
Top Shot creator unveils $725M fund to support Flow ecosystem
The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi,...
UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create...
US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve...
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the...
Terra peg mechanism in doubt as UST crashes to $0.67
TerraUSD and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs...
Environmental groups urge US government to take action on crypto miners
Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews”...
Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip
Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further...
Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
ETH/BTC rallies to test its 'ascending triangle' pattern for a bullish breakout. Ethereum's native token Ether (ETH) has grown stronger...
10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap
Long positions suffer across Bitcoin and altcoins as BTC gets sent back to exchanges for potential sale. Bitcoin (BTC) upended...
Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week
Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the...
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder...
