The country decided to act in advance of upcoming EU regulations that could effectively ban non-custodial wallets In its efforts to fight money laundering risks and the possible schemes of Russian elites circumventing financial sanctions, the 2.8-million nation of Lithuania is planning to tighten its scrutiny over crypto.  As the local Ministry of Finance announced...Continue Reading

Musician Jonathan Mann celebrated the merge singing “no more power surge” and “ETH to the moon.” The Ethereum blockchain recently completed a step toward the long-awaited upgrade that will improve the platform by switching to a proof-of-stake (PoS) consensus. The Ropsten testnet successfully transitioned to PoS in what is dubbed a “dress rehearsal” for the Ethereum...Continue Reading

Mixed messages on BTC price action as Fundstrat’s Tom Lee hopes Bitcoin has “already bottomed.” Bitcoin (BTC) retains two of its best-known proponents but one has cooled his BTC price forecasts considerably. In an interview with CNBC on June 9, Tom Lee, co-founder of independent research firm Fundstrat, revealed he was unsure if BTC/USD would...Continue Reading

South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation. Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities. The latest investigation revolves around the alleged embezzlement of Bitcoin (BTC) from the company’s treasury....Continue Reading

Attackers have exploited a bug in the Osmosis exchange to the tune of $5M as FireStake validators admit to their role in racking up roughly $2M before stepping forward. Osmosis, a decentralized exchange (DEX) built on the Cosmos network, was halted just before 3:00 am EST on Wednesday after attackers exploited a liquidity provider (LP)...Continue Reading

Liquid staking firms could default on their Ether obligations if The Merge does not happen. The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH). Notably, the stETH peg...Continue Reading

Mr. B alleges that the platform was designed to only offer an interest rate of 3.6%, but that changed at the last minute. Anchor protocol was originally designed to offer an interest rate of 3.6% but this was dialed up to 20% just a week before release to attract more investors, a core developer alleged...Continue Reading

At LAMINA1, Neal Stephenson will focus on “helping get artists and other value creators paid properly for their work, helping the environment […] and seeing a truly open Metaverse get built” noted co-founder Peter Vessenes. Neal Stephenson, the author who coined the term “Metaverse” 30 years ago is launching a Metaverse-focused blockchain project called LAMINA1....Continue Reading

Improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments. Three quarters of United States retailers plan to accept crypto or stablecoin payments within the next two years according to a new survey. It also found...Continue Reading

Peter Brandt noted that ETH could drop by 29% if the downside of a potential descending triangle chart pattern is completed. Veteran futures trader Peter Brandt has suggested that the price of Ether (ETH) could drop to as low as $1,268 in the coming month, but the consensus view of 15,500 members of the CoinMarketCap...Continue Reading