El Salvador’s Bitcoin (BTC) investment is performing poorly, with the value of the more than 2,000 units it holds falling by about $40 million. The …
Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg (Zycrypto)
Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been making rounds in the past …
ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’ (Cointelegraph)
The ECB drops another working paper on the digital euro causing more outrage from Europeans opposing a central bank digital currency.
Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash (Cryptoslate)
Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation …
UK YouTuber KSI’s $2.8 Million LUNA Investment is Virtually Worthless (cryptopotato)
Popular British YouTuber and rapper JJ Olatunji, commonly known as KSI, recently revealed that he has lost over $2.8 million in LUNA following the cryptocurrency’s …
Waves USDN Stablecoin De-Pegs But Now Trades at $0.93 (u.today)
This is not the first occurrence of the USDN’s price slipping significantly from the dollar peg
Trust in stablecoins ‘infinitely more important’ than collateral (Cointelegraph)
As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with …
SEC Commissioner Calls for Accelerated Stablecoin Regulations After the UST Fiasco (cryptopotato)
Peirce, also affectionately known as ‘Crypto Mom,’ said that there might soon be movement on stablecoin regulations in the U.S. The comments came at an …
Legendary Value Investor Says Only Cryptoasset Without Any Competition Is Bitcoin (Cryptoglobe)
On Thursday (May 12), legendary American value investor William H. Miller III shared his thoughts about the crypto market during an interview on CNBC. Miller is …
Sorare partners with Major League Baseball to launch fantasy NFT Game (Cryptoslate)
Sorare, the sports NFT giant, welcomes Major League Baseball and MLB Players as its newest partner. https://twitter.com/Sorare/status/1524705992910512129?s=20&t=sZKy_GiNpfgNoDKpZ03Mcw The announcement will expand Sorare’s reach in the …