Trading
Analysis
BitMEX founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices
Hayes says only prayers can save the crypto market if the value of Bitcoin and Ethereum were to crash below a certain threshold.
Adoption
Cardano launches EVM side chain alpha
Developers will now be able to build Solidity-based applications on Cardano using the Ethereum Virtual Machine (EVM) sidechain.
Merge
Lido staking dominance could put Ethereum at risk
A researcher at Ethereum Foundation argued that Lido passing one-third of Ethereum staking is a centralization attack on PoS.
NFTs
Floor price of blue-chip NFTs tank as sales volume decline
Despite the falling prices of these NFTs, DappRadar believes the “NFT market is far from dead.”
Exchanges
Binance CEO says firm is ‘expanding hiring’ despite market crash
Several companies like Coinbase, Robinhood, and Gemini have been forced to cut staff and hiring due to the current bear market.
Regulation
South Korea’s top exchanges seek to prevent another Terra-like crash
The exchanges are proposing to create three different committees that will be saddled with compliance monitoring, market monitoring, and transaction support.
NFTs
Survey reveals most people buy NFTs ‘to make money’
Around 58% of NFT investors are yet to make a profit from the space despite the fact that most investors are in it for the money.
Investments
Grayscale CEO says pension funds are looking to add Bitcoin
Sonnenshein‘s statement is coming at a time when some 401(k) managers have announced their willingness to offer crypto investment options.
Hacks
Optimism hacker confirms they are whitehat, returns most of stolen funds
Optimism hacker started returning the stolen tokens in a batch of 1 million per transaction.
Adoption
Binance and TripleA partner for crypto payment option
Binance has scored a new partnership with Triple A as its new universal crypto payment gateway for its Binance Pay feature.
Hacks
ApolloX suffers $2.8M hack after securing latest seed funding round
Hours after ApolloX confirmed that it had completed a new funding round, a hacker exploited a bug on the network to steal 53 million APX tokens, worth $2.8 million.
Legal
Terra’s Do Kwon claims SEC investigation reports, other allegations are ‘misinformation’
According to a report, the SEC got a court order that forces Terraform Labs to comply with subpoenas issued by the commission to investigate whether the firm’s tokens were unregistered securities.
