Browsing Archive June, 2022
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Tether: Celsius crisis has no impact on USDT reserves
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The USDT stablecoin issuer Tether denies any correlation between its investment in Celsius and its reserves or stability.

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In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys
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Tesla and Microstrategy have a combined impairment loss of almost $1.5 billion —will they HODL on?

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Binance ends support for anonymous Litecoin transactions
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Litecoin’s MWEB upgrade that makes transactions confidential comes at a time when the majority of the crypto exchanges are implementing strict KYC and AML ...

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Bitcoin hash rate marks all-time high as BTC price drops below $25K
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Complimenting the new hash rate ATH of 231.428 ExaHash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion.

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Ethereum difficulty bomb delayed but network adoption still growing
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The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge.

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NFT flipping not so profitable for more than half of buyers: Survey
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Though a majority are down on their NFT purchases, there are signs which point to a healthy and robust market in the long term.

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Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
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Bitcoin sheds 12% in 24 hours as a fresh altcoin meltdown combines with macro pressures to offer nothing but misery for hodlers.

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Pennsylvania pharmacist feeds thousands of homeless using crypto
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The Pennsylvania-based pharmacist said he got the idea of using crypto to feed the homeless from science fiction movies such as the 2017 remake of Blade Runner ...

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Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
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Celsius has been moving more than a quarter of a billion dollars worth of funds from Aave into the FTX exchange for reasons not specified in addition to ...

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Nifty News: Kraft Foods files for NFT and Metaverse patents, Seth Green gets his ape back, and more…
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Kraft's NFT and Metaverse trademarks cover a long range of potential services including a virtual restaurant where users can earn rewards and virtual assets.

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