Binance.US faces class-action lawsuit over LUNA and UST sale
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers....
Day: June 13, 2022
In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys
Tesla and Microstrategy have a combined impairment loss of almost $1.5 billion —will they HODL on? As the bear market...
Tether: Celsius crisis has no impact on USDT reserves
The USDT stablecoin issuer Tether denies any correlation between its investment in Celsius and its reserves or stability. The ongoing...
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise...
Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%. Older Bitcoin (BTC)...
USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large...
Crypto winter survival guide: Community shares game plan for the bear market
From dollar-cost averaging to managing your risk tolerance, community members share their advice on what to do during a bear...
Nexo offers to buy out Celsius’ loans amid withdrawal suspension
Nexo platform could rescue Celsius' customers after “what appears to be the insolvency of the Celsius Network.” There’s a glimmer...
Bitcoin passes $23.8K May low as crypto market cap drops under $1 trillion
The crypto sell-off is in full swing and Wall Street has not even opened yet. Bitcoin (BTC) faced continued selling...
Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers...
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress
Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and...
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit...
Binance ends support for anonymous Litecoin transactions
Litecoin’s MWEB upgrade that makes transactions confidential comes at a time when the majority of the crypto exchanges are implementing...
Bitcoin hash rate marks all-time high as BTC price drops below $25K
Complimenting the new hash rate ATH of 231.428 ExaHash per second, Bitcoin’s network difficulty stands at a strong position of...
Pennsylvanian pharmacist feeds thousands of homeless using crypto
The Pennsylvania-based pharmacist said he got the idea of using crypto to feed the homeless from science fiction movies such...
