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Biggest Movers: ATOM Falls Towards Multi-Week Low, as GRT Extends Recent Losses

ATOM fell towards a three-week low on Thursday, as crypto markets were victim to yet another red wave. Overall, markets are down nearly 5% as of writing, with GRT dropping by almost 10% lower on the day. Cosmos (ATOM) ATOM dropped towards a three-week low during Thursday’s session, as global crypto markets were nearly 5%…
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Terra Whistleblower Publishes Alleged Chat Log Between Do Kwon and Network Validators

Over two weeks after the Terra LUNA and UST fallout, a whistleblower dubbed “Fatman” published an alleged chat log between the project’s co-founder Do Kwon, Terra validators, and infrastructure providers from the Terra blockchain community. If the chat log is legitimate, Fatman claims the document proves over 50 people “knew about the [network] halt before…
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MemeBank to List On Pancakeswap on June 7th

PRESS RELEASE. There are more than 300 crypto-exchanges nowadays, almost all of them offer the same mediocre features that are identical to the leading exchanges such as Binance. MemeBank is not a lazy copy of the successors but an ambitious project that aims to drive revolutionary changes. According to its official announcement, MemeBank($MBK) will soon…
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Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month

During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools retained 71.4% of the…
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Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,800, BTC Once Again Falls Under $30K

Despite a strong start to the week, bitcoin fell below $30,000 on Thursday, as crypto bears returned to action. Following an uncertain day of trading yesterday, bearish momentum has taken charge of markets, with ETH also in the red. Bitcoin Following a strong start to the month, BTC fell lower, dropping below $30,000 on the…
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Bitcoin, Ethereum, and Altcoins Try to Recover

  Bitcoin price moved above the USD 30,000 level again, but BTC must settle above USD 30,500 to start a stronger recovery wave. BTC is now (11:50 UTC) approaching USD 30,100 and is still down almost 5% in a day and up over 1% in a week.  Similarly, most major altcoins are also trying to…
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GameStop Eyes Incoming NFT Marketplace As Net Loss Widens

  Following the mixed financial results for the first quarter of the fiscal year 2022, the video game retailer GameStop said that it is taking steps to upgrade its digital asset wallet, with plans to enable transactions on its designed GameStop non-fungible token (NFT) marketplace upon its intended launch in the second fiscal quarter…. Read…
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‘NFTs May Be New, but This Criminal Scheme Isn’t’: Ex-OpenSea Head Arrested for NFT Insider Trading

  Nathaniel Chastain, former Head of Product at OpenSea, the largest non-fungible token (NFT) marketplace, has been arrested and charged with wire fraud and money laundering in connection with insider trading in NFTs. On Wednesday, prosecutors in New York’s Southern District accused the 31-year-old of “using confidential information about what NFTs were going to be…
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Kanye West Might Do NFTs, Amusement Parks, New Trademark Applications Show

  Rap star Ye, formerly known as Kanye West, has filed several trademark applications that show the musician might be preparing to mint his own non-fungible tokens (NFTs), alongside a wide range of physical products. According to trademark attorney Josh Gerben, Ye has filed 17 new trademark applications around his YEEZUS name, which indicate the…
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Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach

  Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management. The survey represents the views of 328 chief investment officers and chief financial officers handling more than USD 13tn in…
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