Banking
Bear Market
CryptoSlam data shows average NFT sell price down 94% from YTD daily high
The NFT sector continues to crater as crypto winter bites hard, but proponents say non-fungibles are far from dead.
Exchanges
Roger Ver delivers ‘disappointing’ statement on unfolding CoinFLEX saga
The self proclaimed "Bitcoin Jesus" remained tight lipped about allegations that he single-handedly triggered CoinFLEX to pause user withdrawals.
Stablecoins
Jeremy Allaire refutes allegations Circle is on the brink of insolvency
Circle CEO Jeremy Allaire refuted claims that the company is struggling and said Circle is in the "strongest position it has ever been in financially."
Lending
Coinbase-backed Vauld becomes the latest crypto lender to pause withdrawals
Vauld had previously said it had no exposure to the "crypto contagion" and was sufficiently liquid. However, it now announces a pause on withdrawals and the possibility of restructuring.
Bear Market
Celsius Network takes affirmative action to stave off bankruptcy
The troubled lending and borrowing platform has laid off workers and made a significant loan repayment in recent days.
Stablecoins
Stablecoins put on notice as EU lawmakers agree on landmark MiCA framework
Although MiCA will bring much needed regulatory clarity, crypto firms will face stricter rules under the new framework.
People
President Bukele says ‘thank you for selling cheap,’ as El Salvador buys more Bitcoin
El Salvador buys another 80 Bitcoin, but total losses still come in at the tens of millions of dollars.
Hacks
Optimism NFT marketplace Quixotic suffers exploit following contract update
The Quixotic attacker was able to hack the offer feature to drain more than $100,000 in Optimism and USDC.
Investments
What’s next for Bitcoin as market sentiment sours?
Industry leaders chime in with what to expect for Bitcoin going into the rest of 2022 and beyond.
Technology
Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin
Research by Trail of Bits pans the accepted view that blockchains are immutable and decentralized.
Exchanges
Coinbase plans European expansion as crypto downturn continues
The San Francisco-based exchange plans to expand operations in key European countries weeks after cutting 18% of its workforce.
DEX
This is why WingRiders is now the leading Cardano DeFi protocol
Spokesperson Kaaran Kalantari explains how WingRiders usurped the competition during this challenging time.