Over the past week and a half, in one of the largest wealth-destroying events in crypto history, we witnessed the horrific unravelling of the Terra ecosystem. Terra, prior to its demise, was one of the most promising and ambitious crypto Read More
A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. This article explores the DeFi ecosystem and how fraudsters are able to exploit it to steal from crypto newbies. Representation of cryptocurrency and Read More
Fireblocks’ cofounders (from left to right): Idan Ofrat, CTO; Michael Shaulov CEO; Pavel Berengoltz, VP of R&D Fireblocks Blockchain infrastructure provider Fireblocks has launched a suite of developer tools and a portal for customers to access cryptocurrency exchanges, NFT marketplaces Read More
Bitcoin BTC , ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and its support coin luna this week—though luna has shocked some by staging a surprise rally. Subscribe now to Forbes’ CryptoAsset Read More
Bitcoin BTC and cryptocurrency prices have been hit by an almighty sell-off this month, wiping around $1 trillion from the crypto market since early April—though Elon Musk surprised some by signaling his continued support. Subscribe now to Forbes’ CryptoAsset & Read More
When you purchase Bitcoin from a centralized exchange, you never know whether your account is credited with actual Bitcoin or paper Bitcoin. Paper Bitcoin is a “I owe you” Bitcoin, implying that the exchange owes you a certain amount of Read More
Luna LUNA , the collapsed cryptocurrency that was designed to support the terraUSD (UST UST ) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week—a dramatic collapse that shook the wider bitcoin and Read More
Bitcoin prices bounced back today, after falling below $25,500 yesterday. getty Bitcoin prices have bounced back lately, climbing more than 20% in under 48 hours after approaching the $25,000 level. The digital currency, which is the largest when measured in Read More
YCHARTS Discounts on the two largest cryptocurrency funds hit all-time lows as the digital assets market suffered one of its most volatile weeks. Namely, shares of the Grayscale Bitcoin BTC Trust (GBTC), the world’s biggest bitcoin fund with $18.3 billion Read More
COIN360 After a turbulent week, cryptocurrencies are recovering some of the losses aggravated by the collapse of stablecoin TerraUSD UST at a fast pace. As of 9:46 a.m. ET, bitcoin is trading around $30,696, nearly 10% up since yesterday. All Read More
Edit Story “With all thy getting, get understanding.” May 13, 2022,06:00am EDT| The collapsing values in cryptocurrencies and crypto exchanges are reminiscent of the bursting of the dot.com bubble more than 20 years ago. Back then, most of these speculative Read More
Bitcoin BTC , ethereum and other major crypto currencies have bounced back over the last 24 following a devastating crypto crash that wiped almost $1 trillion from the combined crypto market. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and Read More
Topline The platform behind the embattled luna cryptocurrency said Thursday afternoon it had temporarily halted its blockchain to stop transactions after the token’s price plummeted nearly 100% overnight, making the network more susceptible to a possible attack. The price of Read More
Topline Shares of two meme stocks surged higher on Thursday, boosted by retail investors despite the wider market sell-off, as GameStop’s stock was halted several times for volatility after it surged more than 20%, while AMC Entertainment also rallied more Read More
Topline The price of Tether, the world’s biggest stablecoin and a cornerstone of the cryptocurrency ecosystem, slipped away from its $1 peg on Thursday, intensifying worries amid a market-wide crash and plummeting cryptocurrency prices. Tether lost its $1 peg on Read More
Bitcoin and cryptocurrencies have crashed further overnight, dropping to levels not seen since the crypto market began surging in late 2020 and wiping away almost $1 trillion worth of value in a month as a serious “ripple” warning comes into Read More
A man walks past a Baidu booth at the Light of Internet Expo ahead of the 5th World Internet … [+] Conference in Wuzhen in China’s eastern Zhejiang province in 2018. AFP via Getty Images A thousand people have a Read More
Solana prices have plunged lately, falling below $45 today. Photographer: Gabby Jones/Bloomberg © 2021 Bloomberg Finance LP Solana prices have dropped sharply lately, shedding value along with many other digital assets as cryptocurrency prices reel from the latest developments. The Read More
Do Kwon, co-founder and chief executive officer of Terraform Labs, in the company’s office in Seoul, … [+] South Korea, on Thursday, April 14, 2022. Kwon is counting on the oldest cryptocurrency as a backstop for his stablecoin, which some Read More
Mara wants to build a pan-African crypto exchange that sits in the gap between regulators and crypto … [+] users to help drive crypto and blockchain adoption in Africa. MARA The last few years have seen strong crypto adoption among Read More
