‘The Great DeFi unwind’ sees Total Value Locked plummet to 10-month lows

Crypto YouTuber Lark Davis tweeted that ‘the great DeFi unwind’ is upon us. The great #defi unwind saw us go from 230 billion at the start of April, to 110 billion sitting... Read more »

Elwood Technologies raises $70M in Series A round led by Goldman Sachs

Elwood Technologies, a crypto trading platform founded by billionaire Alan Howard, has secured $70 million in a Series A funding round. A press release unveiled this news earlier today, noting that Goldman... Read more »

Canadian leadership debate reveals massive Bitcoin ignorance among candidates

The Conservative Party of Canada held a leadership debate in Edmonton on May 11, with Bitcoin among the many topics discussed by the six hopefuls. Tackling the issue of finance, Pierre Poilievre... Read more »

US offers $15M for info on Conti ransomware

The U.S.Department of State set two separate bounties for information on the Conti ransomware organized crime group totaling $15 million. Any information that helps identify or locate the Conti group leaders will... Read more »

Lum Network wants to enable businesses to leverage their communities

Officially launched last fall, the Lum Network is a promising Cosmos-based project with a big vision for the future—to become a trust layer for companies of the future. Sarah-Diane Eck, the CEO... Read more »

After UST’s success, a new race for L1 stablecoins is here

The demand for efficient money markets is so high that not even the inflation rate at 8.5% is diminishing it. That’s by how much the dollar lost its purchasing power compared to... Read more »

Nike launches first metaverse kicks in partnership with RTFKT

Sports and fashion giant Nike has released its first CryptoKicks on Ethereum in partnership with RTFKT studios, the NFT company it bought in 2021. The sneakers are now selling for around 2.5... Read more »

The next Bitcoin halving is 2 years away, here is why it matters

Online debate around the upcoming Bitcoin (BTC) halving event is heating up. Those discussing it are delighted that the cryptocurrency community only has approximately two years before this event, leaving many outsiders... Read more »

Senator Ted Cruz says ‘Left hates Bitcoin,’ puts Justin Trudeau, Elizabeth Warren on blast

During the Canadian “Freedom Convoy” protest, Ted Cruz pulled Bitcoin into the widely famous CPAC political gathering by highlighting how censorship-proof the cryptocurrency was. “The Left hates Bitcoin because they cant control... Read more »

Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty

Some of the biggest crypto exchanges operating in India have disabled the option to deposit fiat via the United Payments Interface (UPI) amid regulatory uncertainty after its operator denied knowledge of its... Read more »