Top Stablecoins Shed $7B In May As Traders Redeem Tokens En Masse
Stablecoin holders are exchanging their tokens for cash, in some cases reducing the coins’ overall supply Tether and DAI have shrunk the most throughout May so far The top four…
Can a Terra ‘Rebirth’ Save Investors?
New LUNA tokens will be distributed to holders of both LUNA and UST VC firm Hashed reportedly in a $3.5 billion hole, but will be helped by the new plan…
Top Australian Bank Ceases Crypto Pilot Amid Market Downturn: Report
Despite an “overwhelmingly positive” reception of the app’s crypto feature, CBA has walked back its decision, citing volatility following Terra’s collapse The bank had previously partnered with… [[ This is…
Latest in Crypto Hiring: Chainlink Labs, Binance.US, 3iQ Make Key Additions
Former pro at CME Group, JPMorgan and Citadel Securities joins BlockFi Director of finance at Galaxy Digital departs to be INX’s chief financial officer Chainlink Labs hired Kemal El Moujahid,…
Crypto’s Future is Self-Custody, Dealing Blow to Exchanges, Ledger VP Says
Ledger, predominantly known for its crypto hardware wallets, plans to add a cryptocurrency wallet extension on Safari Coinbase CEO Brian Armstrong, meanwhile, said he’s expecting users to more… [[ This…
UST Crash Won’t Stop the Industry, Says Morgan Stanley Exec
TerraUSD’s meltdown is not going to stop the industry in the long run, Morgan Stanley Investment Management’s head of emerging markets equity said Regulating crypto is inherently difficult given the……
Pussy Riot Founder’s UnicornDAO To Make Space for Women, LGBTQ+ NFT Artists
UnicornDAO raised $4.5 million with contributions from Yuga Labs and ConsenSys Mesh, among others Only 5% of NFT sales are generated from female-led projects, according to UnicornDAO A new DAO…
Markets Recover as Ether Alternatives SOL and DOT Outperform Top Tokens
Cryptocurrency’s total market capitalization has risen 5% in the last seven days to reach $1.27 trillion Bitcoin dominance is now more than 45% — its highest point since October Cryptocurrency……
FTX US Launches Zero-commission Stock Trading
Currently in private beta stage, FTX Stocks will be available to residents in all 50 states Allows retail brokerage accounts to be funded with fiat-backed stablecoins FTX US unveiled its…
Former Execs at CoinFund, Aave Join Aglaé Ventures
Grellet and Gustave will target investments in DeFi, CeFi, Web3 infrastructure, layer-1 and layer-2 scalability and the creator economy Grellet is set to continue relationship with CoinFund in an… [[…