What was once a beacon of hope for cryptocurrency investors spiraled into a major financial fiasco. The crypto lender Celsius Network (CEL) that promised a new dawn in the decentralized finance (DeFi) movement collapsed in June 2022, sparking a wave of skepticism about...
In May 2022, the crypto community was shattered by the crash of the Terra ecosystem. One year after, we are reconstructing the events, from luna’s depeg to Terraform CEO Do Kwon becoming a criminal. Terra and its sibling token LUNA have charted a...
Ethereum (ETH) has recently achieved a milestone in the derivatives market as the open interest for its perpetual futures contracts on Deribit surged to a three-year high of $544,931,613. The new record surpasses the previous three-year high of $542,762,684, which was observed on...
The TON accelerator program, supported by the $250 million TONcoin.Fund, has committed to allocating up to $25 million this year to support projects within the TON ecosystem. The capital will be channeled into a range of strategic initiatives complemented by valuable partnerships and...
Mike Novogratz, a famous crypto advocate and investor, projected that the bitcoin price and other cryptos would continue to rise this year. Novogratz was a guest on Fox Business recently. He pointed to the crisis in regional banks and the debt orgy in the...
Rising bitcoin output and a full year of data center hosting and engineering revenues pushed Riot’s overall revenue in 2022 up to $259.2 million from $213.2 million the previous year. Formerly known as Riot Blockchain, bitcoin infrastructure specialist Riot Platform is a publicly listed bitcoin...
The CTO of cryptocurrency exchange Bitfinex expects the much-awaited El Salvador bitcoin volcano bonds to be on the market between June and September this year after the country’s congress voted in favor of legislation that will provide the legal framework for the issuance...
Justin Sun, a Grenada diplomat, wants TRX, the native of Tron, a smart contracting platform he co-founded, adopted as legal tender in at least five countries within a year. Sun hopes TRX adoption will trigger global acceptance of crypto as legal tender In...