Fed To increase Interest Rates by 75 Basis Points
The interest rate hike has previously affected cryptocurrencies badly. Bitcoin and Ethereum both saw price drops in September after the hike. The WSJ reported on Oct. 21 that US Federal…
Creators in Ethereum NFT Earn $1.8B in Royalties
Yuga Labs, makers of Bored Ape Yacht Club, rake in the highest NFT royalties.Roughly 27% of all Ethereum NFT royalties were distributed to the top 10.The creators of Ethereum NFTs…
Crypto crash forced Maple on DeFi App to Stiffen Lending Rules
DeFi App Maple Finance imposed tighter restrictions for borrowers. Borrowers on Maple Finance are mandated to sign up with Credora. Decentralized finance App Maple Finance imposed tighter restrictions for borrowers…
Hacker restitution Stolen Funds After hacking OlympusDAO
The Olympus treasury holds a variety of assets including DAI and FRAX. OlympusDAO is a decentralized reserve currency system using the OHM token. Early this morning, a hacker stole 30,000…
Coinbase Announces Zero Commission USDC Trading
Coinbase notes that acceptance of USDC has lagged behind that in the US.Coinbase, together with Circle, is a founding member of USDC.It seems that USDC, USDT, and BUSD are all…
Bitcoin now in Guinness World Records. Find out how?
According to GWR’s report, Bitcoin is the “First decentralized cryptocurrency.” Bitcoin (BTC) is down 1.08% and is now trading at $19,204. Bitcoin, Satoshi Nakamoto’s cryptocurrency and blockchain network, has been…
Tesla Stock boom as they Holds Millions of Bitcoin
Tesla’s net income (GAAP) for the third quarter of 2022 was $3.33 billion. In the third quarter, Tesla (TSLA) didn’t sell any of its bitcoin holdings. Tesla reported adjusted earnings…
GameFi Platform Arcade Raises $3.2 Million from Prominent Investors
The GameFi platform Arcade has secured $3.2 million in early investment for its mission to make web3 gaming accessible to everyone. Arcade’s notion of mass-market gaming in which anybody may…
Do Kwon own up and Admits Full Liability for Terra’s Collapse
Do Kwon denied allegations regarding the freezing of the $67 million fund. Terra’s founder continuously says he is not on the run from law enforcement.The “wanted” Terraform Labs founder, Do…
Binance begins $500M Lending Project to support Crypto Companies
Binance Pool has launched a $500 million leading project to aid crypto mining and startup firms. Binance sustains its expansion plans despite the market’s slump. Binance Pool, Binance’s mining division,…