The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Hacktivist group Anonymous sets sights on Do Kwon after LUNA meltdown
Anonymous intends to investigate Kwon's history since he entered the crypto industry and believes that there are several other crimes that he might have committed.
Nexo dismisses claims it defrauded a children’s charity as fake news
Nexo responds to "ludicrous allegations" of defrauding a charity by calling on the community to exercise their better judgment.
Crypto market regains 11% capitalization in a week
The crypto market recovered $88 billion from 19th of June to the 26th.
Harmony announces a $1 million bounty for Horizon bridge stolen funds recovery
The network in addition to the bounty promised to advocate for no criminal charges against the hacker. What are the chances of the recovery?
Yuga Labs sues BAYC critic Ryder Ripps over claims of Nazi origins – RR responds
Yuga Labs is suing Ryder Ripps for defamation following his claims of BAYC being inspired by Nazi symbology.
Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018
Bitcoin held on exchanges dropped to 2.4 million BTC in June, the lowest level since August 2018.
How to find opportunities in a bear market
There's no doubt that the bear market is here and has impacted the whole industry. How should you ride out the downturn?
NHL enters the NFT space partnering with Marketplace Sweet
The NHL partnership with Sweet will offer a variety of digital collectible experiences to its fans, tradable in the marketplace
What Lido staking dominance may mean for Ethereum’s future
The Ethereum community has raised fears of lido staking dominance leading to centralization. What does that mean for ETH 2.0?
Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi
PwC's research shows the number of crypto-focused hedge funds has risen to 300 despite the volatility in the market.
Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy
Goldman Sachs is seeking investors to raise $2B to buy Celsius assets if it files for bankruptcy following recent liquidity issues
Lido community debates limiting staked Ethereum as centralization concerns grow
The Lido team submitted a governance proposal discussing the pros and cons of limiting its share of Ethereum staking.
Singapore’s changed stance on crypto
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
A-list celebs remove NFT avatars amid crypto winter
Many celebrities who displayed their NFTs as avatars are removing them from their social media due to the depressing sentiment of the market.
Crypto downturn sees electricity consumption on Ethereum plunge by 50%
Miners on the Bitcoin and Ethereum networks are feeling the pinch as falling token prices put pressure on the least efficient miners.