Deja-vu for BTC versus market sentiment as conditions mimic the weeks after the March 2020 COVID-19 crash. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is not responsible...
When Solana’s price hit new lows near $54, the total value locked (TVL) for the token also declined to a historical low. According to data from Defi Llama, the token’s TVL has been on a steady decline since November 2021. In that month, it reached...
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle involving the Terra ecosystem. The organization sold part of the bitcoins owned...
Shares of the Grayscale Bitcoin Trust are trading significantly below BTC spot prices as the asset circles around $30K. Since the beginning of the year, GBTC is down some 45%. Grayscale is the world’s leading digital asset manager, and its Bitcoin Trust is the company’s flagship...
In late March, Ronin bridge, an Ethereum sidechain built for the widely popular play-to-earn (P2E) NFT game Axie Infinity to handle surging demand from gamers, was hacked for over 173,600 Ether (ETH) and 25.5 million USD — a combined value of over $600 million. The company’s...
China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or...
Only days after launching its first-ever Over-the-Counter Bitcoin derivatives to institutional clients, Japan’s largest investment bank Nomura doubled down on its crypto-based services by launching a new digital asset unit for institutional investors. The financial giant will house a mix of digital asset companies underneath its...
The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digital asset space. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not...
The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit...
Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India officials. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does...