Blockchain Financial News

31.05 / 00:15

Blockchain UPS Platform Bitcoin Cardano’s ADA sees a major price surge, minting over 5 million NFTs but…

Cardano‘s ecosystem has witnessed some significant traction as the price broke through $0.5 resistance after THE big release. The Cardano ecosystem acquired a fundamental solution that would help bring large quantities of funds to the network.

30.05 / 21:35

Blockchain UPS Progressive recovery Tron’s [TRX] possible price recovery and how its closing in on BSC in terms of TVL

There is no gainsaying in denying the fact that this has not been a really good year for Decentralised Finance protocols (DeFi). Rug pulls, scams, hacks, exploits and failures of some of these protocols have made investors and regulators alike increasingly sceptical about DeFi as the future of finance. So far this year, over $1.6 billion in cryptocurrency has been lost to DeFi exploits. This has surpassed the total amount lost in 2020 and 2021 altogether.

30.05 / 18:53

Blockchain Binance economics USDC German Inflation Rate Jumps, Kazakhstan Mulls Higher Tax for Bitcoin Miners, Binance in Italy + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

30.05 / 18:41

business Blockchain Adoption City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending

According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt to revitalize consumer spending.

30.05 / 17:53

Blockchain defi Altcoins security Struggling On-Chain Governance Experiment Tests Itself With New Experiments

Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place this year, it seems that the concept of on-chain voting is having it harder than most sub-sectors of crypto.

30.05 / 15:05

Blockchain MARKET Altcoins Kraken New LUNA Token Rises, Still Down 65% After Launch, Kraken CEO Defends Listing

The new Terra (LUNA) blockchain went live on Saturday, with the newly airdropped LUNA token seeing extremely volatile trading on its first day, before stabilizing and gaining some ground later in the weekend. Despite having become a controversial project, the new LUNA token can already be traded on a number of large exchanges.

30.05 / 13:55

Blockchain Kucoin Digital Luna The luna cryptocurrency has been resurrected after its $40 billion collapse. It's already crashing

In this article

30.05 / 13:17

Blockchain Provident Digital Platform Hong Kong to Host One of Asia's Largest NFT Exhibitions in June

One of Asia's largest non-fungible tokens (NFTs) exhibitions titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.

30.05 / 11:53

Blockchain Adoption Lightning Network Bitcoin network bitcoin lightning ATH Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH

Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer network. The same holds true for the Bitcoin Lightning Network (LN).

30.05 / 08:53

Blockchain AXY Platform Infinity 3 Coins That Could Witness Impressive Value Gain: Logarithmic Finance (LOG), Axie Infinity (AXS), and VeChain (VET)

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

30.05 / 08:29

Blockchain Binance Airdrop Terra Investors dumping on Terra as LUNA 2 tanks 70% in two days

The price of LUNA has tanked around 70% since the re-launch of the Terra ecosystem via Terra 2.0 on May 28.

30.05 / 07:19

Blockchain Investments Polygon Market cleansing bear cycles are healthy say industry experts

Crypto markets are undeniably bearish, but some industry insiders believe these conditions will shake out the bad actors and create greater opportunities for future participants.

29.05 / 14:51

Blockchain cryptocurrency Venture Capital Future Cryptos crumble but VCs remain gung-ho on future prospects

According to a report compiled by financial services and investment management firm Galaxy Digital, Venture Capitalists (VCs) have invested over $10 billion in crypto startups in the first quarter of this year.

29.05 / 14:49

business Blockchain Adoption In the Economy 3.0, metaverses will create jobs for millions

Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the economy. From the job creation programs of the Great Depression to United States President Barack Obama’s American Jobs Act, employment schemes have a long, checkered history. Today, fostering meaningful employment for the masses remains as popular as ever with policymakers, and yet, the next great job creation scheme is unlikely to be issued as a top-down order.

29.05 / 14:43

Blockchain cryptocurrency cryptocurrency explainer Bitcoin Cryptocurrency Transactions Are Anonymous: Is This A Myth Or Fact?

Cryptocurrency transactions are not anonymous

29.05 / 13:27

business Blockchain Adoption Investments F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships, more

Crypto has taken over the world, and Formula One was no exception to the disruption. From NFTs and fan tokens to multi-year partnerships, the crypto community continues to support the F1 landscape in numerous ways.

29.05 / 12:59

Blockchain Technology defi What is ApeCoin and how does it work?

The first quarter of 2022 was abuzz with the talks about ApeCoin (APE), a cryptocurrency adopted to be the native coin of Bored Ape Yacht Club (BAYC), developed by Yuga Labs. Since the ApeCoin DAO came into being in April 2021, the BAYC has been among the top nonfungible token (NFT) collections with a vibrant community.

29.05 / 08:21

business Blockchain defi regulation Identity is the antidote for DEXs’ regulation problem

Regulators from Europe, the United States and elsewhere are busily hammering out details on how to designate decentralized exchanges (DEXs) as “brokers,” transaction agents or similar entities that affect a transfer and cooperate with each other. The U.S. called for multinational cooperation in its executive order on responsible digital asset development, as did the European Union with its recent Financial Stability and Integration Review. And that is just what’s publicly accessible.

29.05 / 08:11

business Blockchain Adoption elon SpaceX to follow Tesla in accepting DOGE payments for merch: Elon Musk

Just four months after EV manufacturer Tesla started accepting Dogecoin (DOGE) for merchandise purchases, Elon Musk announced his plan to extend the payment option for his space exploration company, SpaceX.

29.05 / 05:25

Blockchain Technology defi hacks Future Cross-Chain Is there a secure future for cross-chain bridges?

The plane touches down and comes to a halt. Heading to passport control, one of the passengers stops at a vending machine to buy a bottle of soda — but the device is absolutely indifferent to all of their credit cards, cash, coins and everything else. All of that is part of a foreign economy as far as the machine is concerned, and as such, they can’t buy even a droplet of Coke.

28.05 / 20:17

Blockchain Ethereum Tether USDT Lost Amid stablecoin market ‘May-hem’, Tether taking new steps to regain lost ground

The largest stablecoin with a market cap of $73 billion, Tether, ether has launched its native USDT on Polygon. The move is expected to help Tether gain ground as the leading stablecoin despite the recent de-pegging. While stablecoins have had a difficult month, this is a step in the right direction.

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