The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash
The crash of Terra’s UST mean that US regulators could work faster to establish some framework for stablecoins.
Do Kwon fears for his safety following Terra (LUNA) implosion
An unknown person knocked on Do Kwon's front door asking for him, before fleeing the scene. Local police have opened an investigation.
Record amounts of crypto were stolen in DeFi hacks last quarter
After the record-breaking DeFi summer of 2020, the crypto industry has gone parabolic when adopting decentralized technologies.
Sorare partners with Major League Baseball to launch fantasy NFT Game
Major League Baseball and MLB players partner with Sorare to launch fantasy game
OneCoin creator, Ruja Ignatova, declared wanted in Europe
Filings in the Southern District of New York suggest this damage could be over $4 billion.
Crypto.com boss clarifies what’s different between now and last bear market
The bear market is here, but Kris Marszalek states crypto will come back stronger.
Coinbase users lose Wormhole LUNA, UST after sending it to the exchange
Coinbase users tried to send wormhole LUNA and UST to their ERC-20 exchange wallets but lost them since they are not supported by the company.
Tether claims they were ready for this bank run
Tether CTO declared that Tether was ready for a bank run over a month ago
Chelsea’s new shirt sponsor is a crypto platform
Chelsea becomes the second club in the English premier league to have a cryptocurrency platform as one of its main sponsors.
Canadian leadership debate reveals massive Bitcoin ignorance among candidates
Political hopefuls of the Conservative Party of Canada mostly demonstrate a lack of understanding of Bitcoin and the nuances of crypto.
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs scrambles to save LUNA with another burn proposal that sacrifices roughly 8% of the total supply of UST.
Michael Saylor joyous at FASB decision to review crypto accounting rules
FASB previous guidelines provide that companies should report digital assets and commodities as “intangible assets” on their balance sheets.
You can redeem Tether USDT 1:1 on tether.to but there’s a catch
Regardless of the price on centralized exchanges and DEXs tether remains adamant that you can always redeem on tether.to for 1 dollar
Could hardware be the solution for Web3 adoption?
There’s no denying that the Web3 industry is slowly becoming mainstream.
Hold on to your hats, Tether USDT shows signs of de-pegging on exchanges
The price of Tether has sunk as low as $0.9663 causing concern that worse is to come.