Blockchain Financial News

05.06 / 08:15
business Blockchain Ethereum Hackers Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen
Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide — witnessed yet another orchestrated phishing attack with investors losing over 145 Ether (ETH) or nearly $260,000 at the time of writing.
05.06 / 06:33
Blockchain Digital fall Cryptocurrencies vs. regulations: Which side will this coin fall
Shaun Tham, Legal Director of ChainUp shared his insights on the digital market during the Blockchain Fest 2022 this week. He acknowledged that businesses are being exposed to difficulties in this evolving environment. However, the exec remains certain that regulations look set to be in motion in the near future.
05.06 / 06:33
Blockchain coinbase Avalanche [AVAX]: Positivity looks abound in the ecosystem but here’s the caveat
Terra‘s unfortunate de-pegging event made May a bloody month for the overall crypto ecosystem. Despite the obvious downtrend, one particular ecosystem,Avalanche showcased some promising developments.
05.06 / 06:33
Blockchain UPS Waves WAVES: 100% spike in seven days but should you really go long
Sequel to the price correction that followed the bloodbath that plagued the cryptocurrency market in April, winners, and losers alike count their gains and losses over the past seven days as May came to an end.
05.06 / 05:17
business Blockchain Technology Adoption Beyond the hype: NFTs can lead the way in transforming business experiences
Many businesses and big brands have already jumped on the nonfungible token (NFT) bandwagon, including Nike, the National Basketball Association, Pepsi and even Taco Bell. But are these just for the show, or are these NFTs creating value? Much like digital services have become essential for every business in and outside of the technology sector, I believe that tokens — and, specifically, NFTs — are likely to become equally crucial in the emerging Web3 economy for at least two reasons.
04.06 / 20:09
Blockchain Extreme CoinMarketCap Santiment Cardano [ADA] may have a 28% rally in store, only if…
The sixth-largest cryptocurrency by market capitalization is preparing itself for the second biggest update in its history after the Alonzo hard fork. After the anticipated update Cardano could see significant developments on the network. But even prior to the release, investors/traders are placing their bets on Cardano [ADA].
04.06 / 16:47
Blockchain Technology Stablecoin Adoption Is education the key to curbing the rise of scammy, high APY projects?
Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days. 
04.06 / 11:49
business Blockchain investigation Investigations South Korea ramps up crypto investigations and regulations
On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government institutions.
04.06 / 11:49
Blockchain UPS Luna Should AVAX [Avalanche] be a ‘must-have’ in your crypto portfolio
Betty Botter had some butter, but, she said, “this butter’s bitter. If I bake this bitter butter, it would make my batter bitter.”
04.06 / 09:43
Blockchain Adoption Central Bank CBDCs can “kill” private crypto: India's RBI deputy governor to IMF
In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto stance as he spoke about India’s potential to disrupt the crypto and blockchain ecosystem. 
04.06 / 08:29
Blockchain Technology Adoption data Web3 is crucial for data sovereignty in the metaverse
Wandering around the metaverse is like being in a computer game, but soon, it will look exactly like real life. Unlike some dystopian visions of the metaverse, I don’t think we will give up on reality and stop participating in the physical world. On the other hand, advancements in artificial intelligence content generation will likely lead to a photo-realistic metaverse featuring exact replicas of ourselves and propel us toward a hyper-reality that combines our real-world and digital lives.
04.06 / 05:51
business Blockchain Technology Adoption businesses Smart contracts can redesign legal agreements, but businesses beware
When was the last time you got a late payment? Chased an invoice? Waited for your monthly paycheck only to realize it’s late yet again? You might relate to these headaches as an investor, employee or client. But the tension that affects each of these unique parties is often caused by one unwavering contributor: an underlying traditional contract.
04.06 / 04:43
Blockchain UPS Citizens Buterin ups Optimism after community uproar but here’s the caveat
Vitalik Buterin has always advocated the participation of smaller holders in governance. He recently supported Optimism’s governance proposal in his tweets despite the latest backlash on the blockchain. What is the proposal about and what was the backlash that eventually engaged the OP community?
04.06 / 00:11
Blockchain Adoption South America Brazilian central banker describes how CBDC system can halt bank runs
In a paper recently published by the Bank for International Settlements (BIS), Fabio Araujo, an economist at the Central Bank of Brazil (CBB) who’s also responsible for the country’s central bank digital currency work, revealed that the monetary authority will have greater control over the population’s money once its CBDC is rolled out. Through the so-called Real Digital, the central bank will be able to halt bank runs and impose other restrictions on citizens’ access to money. 
03.06 / 21:59
Blockchain solana Web3 integration Support Alchemy announces support for Solana Web3 applications the day after blockchain halted
In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the controversial blockchain.
03.06 / 21:27
Blockchain Adoption World Economic Forum Bitcoin WEF 2022: Miami mayor says that Bitcoin can be a global currency
Kristina Cornèr, Cointelegraph's editor-in-chief, sat down with Miami Mayor Francis Suarez at the recent World Economic Forum held at Davos, Switzerland, to discuss topics like the role the mayor played at the WEF, Bitcoin being a global currency and what the mayor does with his BTC.
03.06 / 19:31
Blockchain Ethereum Opinion Bitcoin 5 metrics to monitor before investing in crypto during a bear market
Cryptocurrency bear markets destroy portfolio value and they have a dangerous tendency to drag on for longer than anyone expects. Fortunately, one of the silver linings of a market-wide pullbacks is that it gives investors time to re-focus and spend time researching projects that could thrive when the trend turns bullish again.
03.06 / 18:11
Blockchain Adoption defi DApp Chainlink launches price feeds on Solana to provide data to DeFi developers
Blockchain oracle platform Chainlink has announced the launch of its price feeds on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feeds within their decentralized applications (DApps). 
03.06 / 17:41
Blockchain BTC Luna Was Terra UST fiasco premeditated? Here’s how large investors were able to escape unhurt
Latest report says large investors were able to get out earlier than the small investors during the Terra collapse. The report was published by Jump Crypto, a crypto market-making unit of Jump Trading.
03.06 / 16:59
Blockchain Technology Stablecoin Adoption Luna Classic Terra 2.0: A crypto project built on the ruins of $40 billion in investors' money
Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community and heavy backlash from the likes of Binance CEO Changpeng “CZ” Zhao, Terra co-founder Do Kwon managed to relaunch the collapsed network with a new chain called Terra 2.0 (Phoenix-1).
03.06 / 16:35
Blockchain Bitcoin New York Senate votes for bitcoin mining moratorium
The bill calls for a two year moratorium on crypto mining operations that use proof-of-work authentication methods to validate blockchain transactions.

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