Cointelegraph.com News

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• LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves
• Bitcoin whales jumping ship as exchange inflows reach 3-month high
• Mining Capital Coin CEO accused of $62M investment fraud scheme
• NFT markets slump as weekly sales volume dives 30%
• Understanding staking pools: The pros and cons of staking cryptocurrency

LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves Posted: 09 May 2022 12:47 AM PDT LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and "help protect" UST. This posting includes an audio/video/photo media file: Download Now

Bitcoin whales jumping ship as exchange inflows reach 3-month high Posted: 08 May 2022 10:42 PM PDT The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode. This posting includes an audio/video/photo media file: Download Now

Mining Capital Coin CEO accused of $62M investment fraud scheme Posted: 08 May 2022 09:09 PM PDT "Capuci operated a fraudulent investment scheme and did not use investors' funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control," the DOJ stated. This posting includes an audio/video/photo media file: Download Now

NFT markets slump as weekly sales volume dives 30% Posted: 08 May 2022 08:42 PM PDT MAYC, BAYC, and Otherdeed trading volumes are all way down, as are volumes in the entire NFT market, possibly signaling a general cooldown in the industry. This posting includes an audio/video/photo media file: Download Now

Understanding staking pools: The pros and cons of staking cryptocurrency Posted: 08 May 2022 04:00 PM PDT A popular investing strategy for long-term crypto investors, staking pools promise a regular income stream for the tokens staked with certain riders. This posting includes an audio/video/photo media file: Download Now

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