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Tag: cryptoslate

Hoskinson blasts VCs, ‘Wall Street types’ for downturn in crypto markets

Cardano founder Charles Hoskinson posted a video on Wednesday sharing his views on the crypto market downturn.He said, being in crypto for over ten...

US Court asks defunct crypto exchange to refund Bitcoin

A federal jury in Georgia has ordered now-defunct crypto exchange CampBX to refund the Bitcoin (BTC) it took from customers. The order comes more...

Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra

Cardano founder Charles Hoskinson said that ADA’s $723 million treasury is decentralized. Hoskinson, who is also an Ethereum co-founder, said this in response to...

TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash

Terraform Labs CEO Do Kwon announced a possible “solution” to deal with the massive crash LUNA and UST experienced over the last couple of...

Rumors run riot as UST collapses amid Yellen report on stablecoins

Rumors are circulating online that Citadel Capital may be behind the UST crash as Janet Yellen announces a report on stablecoins.The hedge fund, which...

Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST

Do Kwon has announced a recovery plan in the works for UST and, therefore, the Terra ecosystem. UST has lost its peg from the...

Coinbase bankruptcy wording triggers warnings to move crypto off exchanges

On May 10, crypto exchange Coinbase released its Q1 2022 earnings report doing little to calm choppy market conditions.It showed net revenue down 53%...

Israeli central bank yet to make decision on pursuing CBDC despite public support

The central bank of Israel has yet to decide whether to create a digital version of its fiat currency shekel, despite the public supporting...

SwissBorg report explains cause of the “death spiral” of UST

The Swiss-based crypto exchange, SwissBorg, has released a report on the risks surrounding Terra’s stablecoin, UST. The token is currently undergoing extreme volatility, trading...

Over 4M new Sweatcoin wallets created in less than a month

Sweatcoin has announced an increase of 4 million new Sweat wallets in the last 27 days. The new, user-friendly, move-to-earn application recently announced a...

El Salvador releases mock-up of Bitcoin City – what’s the verdict?

El Salvador’s President Bukele tweeted images of an architect’s model of Bitcoin City and the caption that things are ‘coming along beautifully.’#Bitcoin City is...

Cynics dominate comments section of BBC Bitcoin crash report

The BBC published an article titled, ‘Bitcoin value drops by 50% since November peak,’ on May 10. It gave a balanced account of the...

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