The protocol’s TVL has plunged from around $200 million in September 2021 to less than $125K. Around the same time that a South Korean court issued an arrest warrant for Terra co-founder Do Kwon, Apollo DAO, a decentralized autonomous organization building on the Terra blockchain, said it was closing down its vaults on Terra Classic...Continue Reading

The Chamber of Digital Commerce has requested to file an amicus brief in the protracted SEC case against Ripple Labs and supports legislating to clear up legal gray area. The Chamber of Digital Commerce (CDC) has requested to file an amicus brief in the case of the United States Securities and Exchange Commission v. Ripple...Continue Reading

Sony Music is preparing to venture into NFTs as the firm filed trademark applications for audio and video recordings. In this week’s newsletter, read about how Sony Music Entertainment is preparing to venture into nonfungible tokens (NFTs). Check out how car manufacturer Ford is on the way to entering the Metaverse and how coffee chain...Continue Reading

The outcome of the Ethereum Merge will be a primary price drive that dictates whether ETH bears profit from this week’s $490 million options expiry. Given the current state of the wider crypto market, some traders might be surprised to learn that Ether (ETH) has been trading in an ascending trend for the past 17...Continue Reading

Bitcoin is struggling to find support in the $20,000 zone, which is negatively impacting investor sentiment and weighing on most altcoin prices. The United States equities markets and the cryptocurrency markets had been rising leading up to the Sept. 13 release of the August consumer price index data, but the rally fell apart once the...Continue Reading

The Ethereum blockchain is set to bid farewell to proof-of-work, and welcome proof-of-stake as Mainnet merges with the Beacon Chain. Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoS) is upon us as the Merge looms in less than 10 hours. There’s plenty to consider for the wider cryptocurrency space — and here’s what you...Continue Reading

The Office of Foreign Asset Control sanctioned 7 Bitcoin addresses allegedly connected to Iranian nationals Ahmad Khatibi Aghada and Amir Hossein Nikaeed Ravar. The United States Treasury Department’s Office of Foreign Asset Control has added 10 individuals, 2 entities, and several crypto addresses allegedly tied to an Iranian ransomware group to its list of Specially...Continue Reading

“Blow the whistle! But you must pay in Doge,” says Tesla’s CEO Elon Musk. According to a new product catalog posted on Wednesday, electronic vehicle manufacturer Tesla is rolling out a new Cyberwhistle inspired by its futuristic Cybertruck series. The firm wrote: “Inspired by Cybertruck, the limited-edition Cyberwhistle is a premium collectible made from medical-grade...Continue Reading

Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion revolving around accessibility and education in the blockchain sector. With many younger investors getting into blockchain and cryptocurrencies through various advertisements on the internet, the importance of education in the space becomes more obvious, according to a panel discussion at the CV Summit 2022.  Cointelegraph’s editor-in-chief Kristina...Continue Reading

Ethereum’s Merge will have a vast impact on cryptocurrency, particularly on some — like decentralized application (DApp) developers — who rely on Ethereum to conduct their business. As with many things in life, events are not siloed. When any type of event or action occurs, planned or unplanned, it causes changes and reactions to surrounding components....Continue Reading