DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?.

In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY? origin »

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Inside Madison Cawthorn's $150K Crypto Bet: Here's the Wallet Under Ethics Investigation.

The North Carolina firebrand is under investigation for allegedly “pumping and dumping” the “Let’s Go Brandon” meme coin. CoinDesk found his Ethereum wallet. origin »

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Price analysis 6/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB.

BTC and altcoins met resistance at a key moving average, leading traders to wonder whether the current pullback is a lower support test, or proof that bears are still in control. origin »

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Is MANA worth buying after Decentraland’s Hollywood debut?.

Decentraland MANA/USD has become the largest Metaverse within the crypto space, especially given the fact that investors build as well as participate within it regularly. The potential of this crypto-based project is being further developed by its addition in a movie, where Decentraland will play a major role. origin »

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Liminal raises $4.7M in seed round to grow cross-chain automated wallet infrastructure.

Liminal, a cross-blockchain wallet architecture with MPC and MultiSig, announced it has raised $4. 7 million in its seed funding round led by Elevation Capital. The round also saw participation from prominent investors like LD Capital, Woodstock, Nexus Ventures, and crypto ventures like CoinDCX, Hashed, Cadenza Ventures, Vauld, Better Capital, and Sparrow Capital. origin »

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Ledger Nano S Plus Review – Price, Supported Coins, Security.

LEDGER NANO S PLUS OVERVIEW Hardware wallets are crucial parts of the crypto ecosystem. Being separated from the online world, they provide little or no room for hackers, ensuring that your crypto assets are as safe as they can be. origin »

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XRP Turns 10: Here's How It Started.

Controversial cryptocurrency remains household name after surviving tumultuous decade origin »

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Shiba Inu Suggests Key Trend as Price Dips per This Metric: Details.

Shiba Inu is presently facing accumulation from whales origin »

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SHIB Accepted to Book Supercars, Billy Markus Tells Who Wrote Most of DOGE Code, BTC Hits New ATH on This Metric: Crypto News Digest by U.Today.

Start of new season brings fresh crypto news; stay tuned with U.Today! origin »

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Leading German Electronics Retailer Launches Crypto ATMs.

German electronics retailer Media-Saturn installs Bitcoin ATMs in its stores origin »

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White House Zeroes In on Bitcoin's Climate Impact.

Bitcoin's climate impact comes under scrutiny in Washington, D.C. origin »

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The Weeknd Teams Up with Binance to Use Web 3.0 Tech and Launch NFTs for His Global Tour.

Binance has teamed up with Canadian superstar singer to integrate Web 3.0 tech at his concerts for better fan experience origin »

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Fidelity Digital Assets Hiring 210 New Employees.

Fidelity Digital Assets, the digital arm of Fidelity Investments, is set to double its staff this year to reinforce and meet the mounting demand of clients who continuously invest and trade in crypto assets 24/7. origin »

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European exchange Bitvavo links with Mercury Redstone to allow easy access to crypto indices.

Bitvavo, a European crypto exchange company, has announced a new partnership with Mercury Redstone, an Amsterdam-based digital asset management firm specializing in index investing. This collaboration will allow Bitvavo users to automate crypto investment strategies from the safety of their Bitvavo accounts. origin »

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Anonymous culture in crypto may be losing its relevance.

Although anonymous teams have built some of the leading infrastructure in crypto, many new participants in the ecosystem are using their real identities. origin »

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Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don't pay the bills’.

Kraken’s Jesse Powell came under fire for listing the second-generation LUNA; separately, he railed against TradeFi’s crypto exchange claims. origin »

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Crypto knocking on the WEF’s door: The view from Davos.

A look back on the week that was the World Economic Forum and how crypto might have stolen the show.

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Computer scientists and academics pursue efforts to stop crypto lobbying in US.

Harvard lecturer Bruce Schneier said in a report that blockchain is not secure and not really decentralized.

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Tether’s reported bank partner Capital Union shares its crypto strategy.

Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. origin »

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Goldman Sachs reportedly eyes crypto derivatives markets with FTX integration.

FTX has sought to integrate brokerage services internally to fulfill trades automatically, however, CFTC has called for greater scrutiny of the demand as it would lead to a monopoly of big players. origin »

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Tech Experts Lobby Washington Criticizing Crypto, Blockchain.

A group of tech experts and academics signed a letter to U.S. lawmakers criticizing cryptocurrency and blockchain technology in an effort to counter the lobbying by the crypto industry. origin »

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First Mover Asia: Bitcoin Sinks Below $30K Amid Renewed Risk Fears.

Major altcoins fared worse in Wednesday trading, reversing most gains from the U.S. holiday weekend rally. origin »

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Canadians buy the dip as Purpose Bitcoin ETF holdings reach new highs.

The Bitcoin spot ETF added to its holdings over the past five days, offering a positive sign that buyers were stepping in to take advantage of lower prices. origin »

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The Gift That Keeps On Giving: Five Ways To Gift Bitcoin And Its Benefits.

Bitcoin can serve as an excellent gift for those trying to introduce people to the technology who may not have taken the plunge on their own. origin »

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Binance’s CZ says he is ‘skeptical’ about the Terra relaunch.

Binance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco. origin »

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Bitcoin price broke to the upside, but where are all the leveraged long traders?.

BTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions.

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Dutch bitcoin exchange BL3P confirms support for Lightning Network.

BL3P, a bitcoin exchange based in the Netherlands, has now confirmed that following its new trade engine launch, it also has integrated Lightning. Soon to be live, Lightning is currently only available for internal purposes, but BL3P has provided a sneak preview of how Lightning works on the exchange. origin »

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Bitcoin price risks $29K 'nosedive' as Wall Street opens with fresh losses.

Weakness across markets means fresh bad news for Bitcoin, with analysts struggling to find any positive news.

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Oil Companies In The Middle East To Use Excess Gas For Bitcoin Mining: Report.

Crusoe, a Denver-based bitcoin mining company, is deploying equipment to capture flared gasses in Muscat, Oman. origin »

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Cardano price fake-out? ADA's 45% rebound in two days could trap bulls.

ADA price has seen sharp recoveries during bear markets in the past with many turning out to be bull traps.

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Tezsure launches Plenty Bridge, a decentralized bridge between Ethereum and Tezos.

Tezsure, the team behind Plenty, has today announced the launch of the Plenty Bridge, a decentralized bridge between Ethereum and Tezos blockchains. The bridge shall allow users to move tokens including USDC, BUSD, DAI, WETH, WBTC, MATIC, and LINK from Ethereum to Tezos or vice versa in a decentralized environment within five minutes. origin »

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Tokens.com will host Miami Fashion Week in the metaverse.

Tokens. com, a publicly listed company that invests in web3 assets related to the metaverse and NFTs, will host the forthcoming Miami Fashion Week in the metaverse. Its subsidiary Metaverse Group will organise the event on its “Fashion Street Estate” virtual property. origin »

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Axie Infinity (AXS) has gained 7% over the past week: here’s why AXS has been rising.

Axie Infinity’s native token, AXS, has rallied by about 7.2% over the past week… The post Axie Infinity (AXS) has gained 7% over the past week: here’s why AXS has been rising appeared first on CoinJournal. origin »

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Merge Ahead: Ethereum’s Dress Rehearsal (and a Hiccup).

Ethereum’s Ropsten testnet is on the brink of a pivotal transition to proof-of-stake, but an unwelcome “reorg” rained on the Merge prep parade last week. origin »

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Binance Labs Raises $500M Fund for Web 3, Blockchain Investments.

Binance Labs has closed a $500 million fund with investment from the likes of DST Global Partners and Breyer Capital. origin »

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Binance Labs’ $500M fund to catalyze crypto, Web3, blockchain adoption.

Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. origin »

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Bitcoin may hit $14K in 2022 but buying BTC now ‘as good as it gets:’ Analyst.

Bitcoin right now is a no-brainer investment for willing buyers, argues CryptoQuant contributor.

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Decent Labs introduces solution for developers to manage DAOs: Fractal.

Decent Labs, a Web3 accelerator and venture studio, has launched a new product called Fractal on mainnet, a turnkey solution for developers to utilize in building, funding, governing, and scaling the decentralized autonomous organizations (DAOs) of the future. origin »

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Binance-Supported Deal for Forbes to Go Public Via SPAC Is Called Off.

Binance had invested $200 million in Forbes earlier this year as part of the plan. origin »

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Top 3 Metaverse Crypto Games Below $90 Million to Watch in June 2022.

This week, cryptocurrency markets have performed exceptionally well, with Bitcoin and Ethereum managing to hold support levels. Metaverse Crypto games and projects continue to deal with bearish momentum, but several manage to show substantial gains this week. origin »

Here Are 3 Indicators Suggesting XRP Is Bouncing from $0.4.

Numerous indicators suggest that coin is in process of reversal after months of beartrend origin »

XRP Lawsuit: Upcoming Conference on Hinman's Emails Now Available to the Public, Including New Call-in Information.

Members of the public may now listen to proceedings via call-in numbers provided in brief origin »

Terra Luna 2.0 Price Hovers at the $6 Level, Terraswap Live on New Chain.

With Bitcoin and Ethereum struggling to hold current support levels, Terra Luna continues to trade sideways, down 10% in the past 24 hours but hovering above the $6 support level. More applications are starting to emerge on the new chain with the latest Terraswap decentralized exchange going live on Terra 2. origin »