Technology

Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

May 13, 2022 0

A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not Ban

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Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

May 13, 2022 0

According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy, and Binance’s stablecoin BUSD has recently entered the top […]

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Following French Montana, Vietnam’s Number 1 Celebrity Singer Son Tung M-TP Joins RACA’s USM Metaverse

May 13, 2022 0

PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity singer Son Tung M-TP, who will join its United States of Mars […]

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Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg

May 13, 2022 0

On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size […]

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Biggest Movers: SHIB, DOT Nearly 30% Higher, as SOL Also Surges

May 13, 2022 0

Cryptocurrency markets were mostly in the green on Friday, as DOT was up by nearly 40%, moving away from an 18-month low. Although SOL, AVAX, and MATIC all rose by over 20%, it was SHIB that was one of the standout gainers in today’s session. Polkadot (DOT) DOT was one of today’s biggest gainers, as […]

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‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps

May 13, 2022 0

Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. After temporarily halting the Terra blockchain and restarting it, the team has […]

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Bitcoin, Ethereum Technical Analysis: ETH, BTC Surge Over 10% as Big 2 Lead Crypto Rebound

May 13, 2022 0

As LUNA’s life support was all but switched off on Friday, BTC and ETH rallied, with prices climbing by as much as 10%. Today’s price surge saw bitcoin climb above $30,000, with ETH once again trading above its $2,000 level. Bitcoin Bitcoin rebounded and was trading higher in today’s session, as markets recovered a bit […]

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Hong Kong Police Arrest Conman After He Vanished With Over $191K Belonging to a Crypto Trader

May 13, 2022 0

Hong Kong police have arrested a man accused of stealing $191,085 from a cryptocurrency trader in what turned out to be a bogus transaction. No funds were recovered at the time of the suspect’s arrest and investigations are ongoing to determine if the man had accomplices. No Funds Recovered Hong Kong police recently arrested a […]

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Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto

May 13, 2022 0

Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial instability. Hernandez de Cos also mentioned how this swift approach should bring the crypto financial system into […]

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A Story of Incredible Belief….. How GAIMIN Gladiator’s Acquired Team Tickles!

May 13, 2022 0

It normally takes a newly formed esports team 12-18 months to gel and experience success, however GAIMIN Gladiator’s Dota 2 team only formed in January 2022 and they are already rising in the Dota 2 rankings, qualifying in the Top 14 for the ESL One DOTA 2 Major this May in Stockholm, increasing their following […]