Mon, June 29

Bitcoin Price Follows U.S Stock Market Trend, Fumbles Below $29K

The next significant hurdle is around the $29,650 mark. Next, support will possibly be found at $22,000 if Bitcoin falls below $28,000. Last week, Bitcoin (BTC) showed some promise to investors by stabilizing around $30,000 levels after plunging sharply in early May and throughout April 2022. However, on May 18th,

May 19, 2022 2 mins read

Open-source Social Networking Dapps Launched by Aave on Polygon

Aave has set up a $250,000 grant program to help developers. Kulechov was banned from the Twitter platform in April. With the launch of the Lens Protocol, Aave (AAVE) has made it easier for developers of social networking decentralized applications (Dapps) to build on the Polygon (MATIC) network. Need For

May 19, 2022 1 min read

BTC Fails Makes Argo Blockchain Suffer 90% Downs

Argo Blockchain suffers losses of more than 90%. This accounts for Q1 of 2022 alone. BTC’s market crash accounts as a major reason. The recent market crash has completely devastated the crypto market. Not only the Bitcoin (BTC), but almost all the cryptocurrencies are down for the past several days.

May 18, 2022 2 mins read

Bitcoin (BTC) Prices Fumble Below $30K as Bears Continue to Dominate

Bitcoin’s collapse in the past week reactivated many previously dormant wallet addresses. BTC has been down 1.59% in the last 24 hours. The price of Bitcoin (BTC) has fallen below $29,500 in the previous two days after failing to hold above the critical $30,000 mark. Bitcoin was being held in

May 18, 2022 2 mins read

Terraform Labs Legal Team Quits Amid Recent Catastrophic Events

A two-week price drop of LUNA to $0.00 prompted Terraform Labs’ legal team to resign. The legal team’s resignation would not be the first in the crypto industry. Following the reported change in employment status for several Terraform Labs’ legal staff members, the long-running issue with Terraform Labs, the blockchain

May 18, 2022 2 mins read

VCs Are Going All-In on Web3, How Will They Change the Industry?

Web3 is the newest layer of the internet that includes blockchain, cryptocurrencies, the metaverse, NFTs, and decentralized applications (dApps). It has recently seen a massive influx of cash from venture capital firms such as early Facebook and Twitter investor Andreessen Horowitz (a16z). But some avid Web3 users worry that too

May 17, 2022 3 mins read

US CRS Reports Improper Regulations on Stablecoins, Amidst UST Crash

The US CRS  puts out a report on the UST crash. Shows regulatory unfulfillment with stablecoins. New fork to be out by Terra LUNA. The downfall of Terra’s UST and LUNA ought to be the hottest topic for the year 2022, so far. Amidst such unimaginable fall, regardless of the

May 17, 2022 2 mins read

Dogecoin Creator Billy Marcus Slams Dubious Crypto Projects Harming Crypto Industry

Dogecoin’s inventor isn’t holding back in his criticism of rogue cryptocurrency projects. Billy strongly urged investors to do their research and not rely on hyped YouTube videos. Cryptocurrencies remain divisive, even after years of development; some hail them as blessed while others call them evil. Their most appropriate term is

May 17, 2022 2 mins read

Ethereum Co-founder Vitalik Buterin Pens His Heart Out in a Series of Twitter Thread

In a recent sequence of tweets, Ethereum co-founder Vitalik Buterin put bare his inner battles, which he deems “some still open contradictions in my thoughts and my values.” The entire thread commenced with the “contradiction between my” phrase, and it seemed like the Ethereum co-founder was spilling his heart out.

May 17, 2022 2 mins read