Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money. The ongoing saga with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn following a supposed change in employment status for many on the firm’s...Continue Reading

NFT sell volume declines sharply after Terra’s blow up led to stablecoins dropping their peg and Bitcoin’s dip below $30,000 raises fear of a prolonged bear market. Without fail, crypto has a way of humbling even the most self-assured and this market is definitely not for the faint of heart. Nonfungible token (NFT) investors have...Continue Reading

On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery. There are early signs of the “dust settling” in the crypto market now that investors believe that the worst of the Terra (LUNA) collapse looks to be over. Viewing Bitcoin’s chart indicates that while the fallout was widespread and quite...Continue Reading

Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition. Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker. Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the firm announced...Continue Reading

Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators. Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies. According to a Tuesday report from Reuters, Bank of...Continue Reading

The new Cointelegraph Research Terminal brings reports, expert analysis and comprehensive database access — all in one convenient package. Cointelegraph — one of the oldest crypto media companies, founded in 2013 — has launched the Cointelegraph Research Terminal. The Research Terminal will be a convenient one-stop location to find past industry analysis, premium research reports...Continue Reading

League of Kingdoms offers players a chance to not just rule their kingdom but own it in the form of an NFT. With the development of gaming platforms, virtual items have also become a popular method of monetization, but most games store data on private servers, giving gamers a reason to doubt their reliability and...Continue Reading

Why and how the island of Madeira is “adopting” Bitcoin and how the president fell down the Bitcoin rabbit hole. The tiny Portuguese island of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement made during the Bitcoin Miami Conference in 2022 has spurned confusion and misinformation. The President of the...Continue Reading

The platform explores the possibilities to “improve artists’ and fan experiences,” conveying the survey among users. Major music streaming platform Spotify is reportedly testing the option of nonfungible tokens (NFTs) galleries on musicians’ profiles. Should the tests appear successful, the embedment of NFTs would serve to improve artist and fan experiences.  Reports surfaced on Friday that...Continue Reading

Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details. The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Korean...Continue Reading