Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack

Bitcoin (BTC) prepared for a rare bear feature to return on May 8 after an overnight sell-off took the market ever closer to January lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView... Read more »

SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue

The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay... Read more »

DeFi Project Spotlight: Stargate, Cross-Chain Liquidity Reimagined

Key Takeaways Stargate is the first fully composable cross-chain liquidity transfer protocol for native assets with unified liquidity and instant guaranteed finality. Stargate is built over LayerZero, a novel trustless cross-chain messaging... Read more »

US offers $15M for info on Conti ransomware

The U.S.Department of State set two separate bounties for information on the Conti ransomware organized crime group totaling $15 million. Any information that helps identify or locate the Conti group leaders will... Read more »

Crypto, like railways, is among the world’s top innovations of the millennium

You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the blockchain’s impact on today’s world. I found... Read more »

US Treasury Sanctions First Crypto Mixer

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit... Read more »

Square Enix sells gaming library to focus on blockchain and AI

Japanese game developer Square Enix is selling a significant part of its games library and IP in a pivot towards blockchain. Iconic IPs like Tomb Raider, Deus Ex, and Thief are included... Read more »

GameFi and Metaverse Tokens Hit Hardest Amid Market Downturn 

Key Takeaways Several gaming and Metaverse tokens have suffered significant losses Friday. Move-to-earn gaming lifestyle app STEPN has seen its GMT token plummet 27%. Axie Infinity and ApeCoin have also registered double-digit... Read more »

Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders

Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in... Read more »

Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners

The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill... Read more »