Aave’s Decentralized Social Media Platform Arrives on Polygon

Posted: 18 May 2022 06:07 AM PDT

The launch of Lens Protocol comes weeks after Aave founder Stani Kulechov was temporarily suspended from Twitter.

FTX, Liberty City Lead $20M Raise for Dev Platform DoraHacks

Posted: 18 May 2022 06:00 AM PDT

The hackathon startup will use the funds to launch an NFT-focused venture fund, among other things.

INX Taps Galaxy Digital Alum as Chief Financial Officer

Posted: 18 May 2022 06:00 AM PDT

Renata Szkoda previously served as finance director at the crypto financial services firm.

Do Kwon Pushes On-Chain Proposal Live Even as 92% Vote 'No' in Online Poll

Posted: 18 May 2022 05:37 AM PDT

A revival plan to put Terra back on track after last week's implosion is not finding backers in the community.

Binance in Talks for Regulatory Approval in Germany, CEO Says

Posted: 18 May 2022 05:26 AM PDT

Cryptocurrency exchange Binance is holding talks with regulators in Germany and hopes to be granted a a license, founder Changpeng "CZ" Zhao has said.

Blockchain Gaming Developer N3TWORK Studios Closes $46M Funding Led by Griffin Gaming

Posted: 18 May 2022 05:10 AM PDT

Blockchain gaming developer and publisher N3TWORK Studios has raised $46 million in a series A funding round to aid production of web 3 games Legendary: Heroes Unchained and Triumph.

Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks

Posted: 18 May 2022 05:01 AM PDT

A day after the U.S. Federal Reserve chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact, from higher mortgage rates to lower company earnings.

Swiss ETP Issuer 21Shares Dives Into US Market With 2 Crypto Index Funds

Posted: 18 May 2022 05:00 AM PDT

The two crypto index funds will only be available to accredited investors.

Will a Proof-of-Stake Ethereum Lead to More Centralization?

Posted: 18 May 2022 04:30 AM PDT

Lido's staking protocol now holds 33% of all staked ether.

Argo Blockchain Q1 Net Income Plunges 90% to $2.1M

Posted: 18 May 2022 01:21 AM PDT

Argo Blockchain (ARB) reported net income of £1.6 million ($2.1 million) in Q1, a drop of over 90% compared to the corresponding quarter a year earlier.

Nearly 5,505 ETH, or $10M of the $625M Ronin Exploit, Is on the Move

Posted: 18 May 2022 12:24 AM PDT

Funds connected to the Ronin exploiter address are making their way through Tornado Cash, blockchain data shows.

First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness

Posted: 17 May 2022 04:26 PM PDT

A Glassnode analyst suggests that the collapse of the UST token has triggered a change in investors' stablecoin preferences; cryptos tick higher in Tuesday trading.

Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment

Posted: 17 May 2022 01:20 PM PDT

Bitcoin (BTC) is stabilizing around $30K while stock market volatility is fading. Altcoins were mixed, although recent underperformance could signal caution among some traders. Indicators show short-term BTC buying, albeit with limited upside.

Bitcoin sube a $30K, con una resistencia en $35K

Posted: 17 May 2022 12:55 PM PDT

BTC está en camino de registrar una señal de impulso positivo en el gráfico diario.

Ledger Adding Browser Extension to Connect Hardware Wallets to Web 3 Apps

Posted: 17 May 2022 12:12 PM PDT

Ledger Connect is launching in beta and will initially be compatible with the Ledger Nano X and Mobile Safari.

Argentina presiona a mineros de criptomonedas en medio de una escasez energética

Posted: 17 May 2022 12:10 PM PDT

Algunas compañías registradas vieron un incremento del 400% en sus tarifas eléctricas en marzo, mientras que los mineros ilegales no planean dejar de utilizar la energía subsidiada de sus hogares para realizar la actividad.

Elwood Technologies Touts Strong Focus on Crypto Derivatives

Posted: 17 May 2022 11:55 AM PDT

Now backed by tier-one banks Goldman, Barclays and Commerzbank, Elwood CEO James Stickland predicts "a huge amount of derivatives action."

Bitcoin Rises to $30K; Resistance at $35K

Posted: 17 May 2022 11:34 AM PDT

Bitcoin (BTC) is stabilizing around the $30K price level. The cryptocurrency is on track to register a positive momentum signal on the daily chart, similar to what occurred in late-March. Still, nearby resistance could cap an upswing in price.

What Web 3 Means to Andreessen Horowitz

Posted: 17 May 2022 11:29 AM PDT

Nansen Acquires DeFi Portfolio Tracker Ape Board for More Than $10M

Posted: 17 May 2022 11:00 AM PDT

On-chain data platform Nansen has acquired decentralized finance (DeFi) portfolio tracker Ape Board for an 'eight-figure' sum.

Terraform's Legal Team Quits Amid Terra Stablecoin Fallout

Posted: 17 May 2022 10:51 AM PDT

Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May according to their LinkedIns.

Robinhood Plans ‘Web 3’ Crypto Wallet for DeFi Traders, NFT Buyers

Posted: 17 May 2022 10:31 AM PDT

Robinhood's new custodial wallet will cater to "advanced" crypto users and live separately from the existing wallet, the firm's Johann Kerbrat said.

Blockchain Investment Firm Fortis Digital Raising $100M Fund

Posted: 17 May 2022 10:23 AM PDT

The fund focuses on altcoins and requires potential investors to have a minimum $2.5 million net worth.

El Salvador's President Promotes Bitcoin Adoption by Emerging Countries

Posted: 17 May 2022 10:02 AM PDT

Bukele is hosting financial representatives from 44 developing economies as part of annual meetings of the Alliance for Financial Inclusion.

Pierina Merino: Rethinking Social Media for the Metaverse

Posted: 17 May 2022 08:06 AM PDT

Former Wyoming Banking Commissioner Goes Web 3

Posted: 17 May 2022 08:00 AM PDT

Albert Forkner has joined crypto infrastructure company Fortress Blockchain Technologies.

Voyager Digital Downgraded by Compass Point on Concerns Over Crypto Markets, Retail Investing

Posted: 17 May 2022 07:56 AM PDT

Voyager Digital was cut to neutral from buy at the investment firm.

ApeCoin Migration Draws Interest From Avalanche, Flow

Posted: 17 May 2022 07:45 AM PDT

The Bored Ape Yacht Club-linked ApeCoin DAO is in talks with layer 1 suitors as the project considers a post-Ethereum future.

Cash Management Firm Coinshift Closes $15M Series A Led by Tiger Global

Posted: 17 May 2022 07:23 AM PDT

Treasury management platform Coinshift has closed a $15m series A funding round, with investment from the likes of Tiger Capital and Alameda Ventures.

Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives

Posted: 17 May 2022 07:03 AM PDT

Regulators think options and futures should only be for professional investors, but the Authority for Financial Markets doesn't yet have powers for a UK-style ban.

Ransomware Gang Extorted 725 BTC in One Attack, On-Chain Sleuths Find

Posted: 17 May 2022 07:00 AM PDT

The infamous Conti ring's internal messages, leaked in February, served as a jumping-off point for a new transaction analysis by Crystal Blockchain.

Certora Raises $36M for Smart Contract Security Tools

Posted: 17 May 2022 07:00 AM PDT

Jump Crypto led the funding round for the firm, which secures $50 billion of DeFi assets.

CyberConnect Raises $15M to Expand Social Graph Protocol

Posted: 17 May 2022 06:10 AM PDT

The project seeks to make user data interoperable between Web 3 dapps.

First Mover Americas: Bitcoin Retakes $30K as 'Institutional Adoption' Makes Crypto More Like Stocks

Posted: 17 May 2022 06:00 AM PDT

The latest moves in crypto markets in context for May 17,2022.

Jump-Backed Wormhole Bridge Expands to Algorand Blockchain

Posted: 17 May 2022 06:00 AM PDT

The cross-chain bridge is hoping to capture some of Algorand's $136 million in DeFi TVL.

Ernst & Young Unveils Supply Chain Manager on Polygon Network

Posted: 17 May 2022 05:50 AM PDT

Big Four consulting firm EY has unveiled its blockchain-based supply chain manager built for the Polygon Nightfall network.

Bitcoin, Ether Hover Above Support Amid China Optimism, US Futures Bump Up

Posted: 17 May 2022 05:06 AM PDT

Crypto markets added 3.2% on Tuesday after nearly a week of steady declines.

Fireblocks Deploys ‘Web3 Engine’ for Firms Eyeing GameFi, NFTs

Posted: 17 May 2022 04:03 AM PDT

The custody and wallet tech provider is looking to expand beyond institutions involved in DeFi to a broader developer community around gaming, social media and entertainment.

A16z Addresses Downturn in Inaugural State of Crypto Report

Posted: 17 May 2022 04:00 AM PDT

The inaugural report discussed Web 3 trends and why Ethereum remains the dominant blockchain.

Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System

Posted: 17 May 2022 03:43 AM PDT

Recent weakness in bitcoin and equities doesn't show any lag or lead effect, the bank's analysts said.

Coinbase Pares Back Hiring Plans Amid Weak Earnings, Poor Market Condition

Posted: 17 May 2022 02:53 AM PDT

The exchange previously planned to hire as many as 2,000 employees earlier this year.

Bitcoin Mining Appears to Have Survived Ban in China

Posted: 17 May 2022 02:23 AM PDT

China is once again contributing a significant chunk of the world's bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF).

BitMEX Starts Spot Exchange on Eve of Co-Founder Hayes's Sentencing

Posted: 17 May 2022 01:55 AM PDT

BitMEX, one of the longest-running crypto futures exchange, has pushed its spot markets live.

Terra’s LUNA Gains, Then Slides, After Do Kwon's Fork Proposal

Posted: 17 May 2022 12:04 AM PDT

Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week's implosion of UST.

Breaking Barriers to the Web 3 Creator Economy

Posted: 16 May 2022 06:43 PM PDT

The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy.

How Not to Run a Cryptocurrency Exchange

Posted: 16 May 2022 06:04 PM PDT

At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.

First Mover Asia: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red

Posted: 16 May 2022 04:18 PM PDT

Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?

Coinbase Expands Features, Allowing Some App Users to Access Ethereum-Based Dapps

Posted: 16 May 2022 03:13 PM PDT

Coinbase app users will be able to purchase NFTs across different platforms along with trade on decentralized exchanges.

S&P Global Ratings Forms DeFi Group to Build Out Crypto Framework

Posted: 16 May 2022 03:03 PM PDT

Chuck Mounts will lead the DeFi group moving forward.

Stronghold Digital Beats Q1 Revenue Estimates, Misses on Earnings

Posted: 16 May 2022 02:21 PM PDT

Shares of the bitcoin miner that uses waste coal for energy fell slightly in after-hours trading.

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