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Bitcoin miners sold their entire May harvest: report
Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit....

Solana whale moves $25M of USDC debt from Solend to Mango Markets
The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more....

Tether to launch GBPT stablecoin pegged to British pound sterling
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a...

Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers
Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to ha...

USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B
At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be anot...

Blockchain isn’t as decentralized as you think: Defense agency report
The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control...

Twitter board recommends shareholders vote for Elon Musk’s takeover
The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its d...

SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo
The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let...

'Disappointing': Cardano devs delay Vasil hard fork by a month
While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil...

BIS compares projects to transfer central bank digital currencies across borders
The international bank found high technical feasibility among the projects, but significant work on legal and governance fr...

Uniswap acquires NFT marketplace aggregator Genie to further ‘universal ownershi...
Decentralized exchange Uniswap to add additional NFT functionality to its platform following the acquisition.

Avalanche (AVAX) price drops 45% in a month and data points to further downside
AVAX is testing support at $14.80 and the network’s DApp use is underperforming its competitors, suggesting that the easies...

Colombia's new president seems to be a fan of Bitcoin
“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regard to mining crypto in Colo...

Why cross-chain interoperability matters for DeFi
With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentral...

Bank of Israel experiments with central bank digital currency smart contracts an...
The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some...

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear mar...
BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto marke...

FTX US acquires Embed Financial subsidiary for stock trading platform
The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it would be availab...

GameFi continues to grow despite crypto winter: DappRadar report
The report seems to show that turbulence in the crypto markets has failed to rattle investments and forward movement of sev...

Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation
Magic Eden accounts for over 90% of NFT trading volume on Solana.

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method...

BIS: 90% of Central Banks are researching the utility of CBDCs
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereig...

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