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Terra crash not a risk to the broader crypto ecosystem, says Huobi Global CEO
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Du Jun, CEO of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand ...

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What is Sorare and how to play it?
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Sorare is a football fantasy game in which participants use digital player cards to buy, sell, trade, and manage a virtual team.

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DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains
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Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains.

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Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks
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Tesla's removal from the S&P 500 adds to an already bearish trajectory while BTC/USD stays stuck below $30,000.

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South Korean watchdog reportedly fines  Terraform Labs $78M for tax evasion
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According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried ...

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Singer Kiesza backs robot NFT to give prosthetic limbs to a young man and a dog
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The proceeds will be used to 3D print a leg for a dog named Cuco and an arm for a young man named Jesus.

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Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more
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The floor price of the Bored Ape Yacht Club has fallen 50% from the beginning of this month as prices and sales volume of NFTs suffer across the board.

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The Dept. of Commerce has 17 questions to help develop a crypto framework
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The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a ...

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Coinbase launches new crypto think tank to help shape policies
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Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities and will publish original ...

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‘Huge testing milestone’ for Ethereum: Ropsten testnet Merge set for June 8
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“Merging Ropsten is a huge testing milestone towards Ethereum's mainnet merge later this year,” said Preston Van Loon, an Ethereum core developer at Prysmatic ...

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Crypto jobs market holding up despite tech industry cutbacks
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Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities, despite a myriad of staff lay-offs in the wider tech ...

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$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
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“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” ...

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