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Metaverse is a key factor in long-term NFT success, says new research
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The report states that global NFT transactions are projected to hit 40 million in the next five years.

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Correlation growing between crypto and equity markets in Asia, says IMF
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New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions.

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USDC whale holdings percentage lowest in almost two years
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USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets.

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Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
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Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s ...

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BendDAO contract now has only 15 ETH left to pay lenders
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Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids.

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What’s going on with Cardano’s testnet and Vasil hard fork?
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The issues surrounding the Cardano Vasil hard fork have been “incredibly corrosive and damaging,” according to founder Charles Hoskinson, who’s looking to put ...

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Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops
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South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and regulatory guidelines.

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BTC miners exit capitulation — 5 things to know in Bitcoin this week
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Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event.

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Average Bitcoin transaction fee drops under $1 as network difficulty recovers
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In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty.

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GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
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GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure ...

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8 sneaky crypto scams on Twitter right now
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A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds.

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Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
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The hackers continue to spread out the stolen funds using Bitcoin privacy tools as a means to remain anonymous, despite the identity of the hackers believed to ...

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