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Avalanche drops 30% on fears Terra’s LFG will dump AVAX next
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Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff.

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Bancor 3 goes live with impermanent loss protection for liquidity providers
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Bancor’s new liquidity mining strategy promises to bring organic on-chain liquidity and make DeFi staking easier for DAOs.

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Industry experts weigh in on SEC hiring more crypto cops
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The SEC's decision to expand its digital assets section was received well by industry experts and came as no surprise, given the growing interest in ...

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Backed by Coinbase and Alameda, African exchange MARA eyes continental prospects
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Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research.

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De-pegged UST sends LUNA tumbling: Token price down almost 95% in the last 24 hours
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LUNA has seen an extended downturn as investors rush to sell off The token has lost more than 90% on the day, sinking below $2.00 Crypto markets are seeing ...

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Terra founder Do Kwon shares plan to save the UST stablecoin peg
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Do Kwon, the humbled co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST.

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FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund
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Venture capital continues to target crypto and fintech for funding, with Web3 emerging as a major trend in 2022.

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NEAR Foundation partners with Kenyan blockchain community Sankore to build a regional hub
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The regional hub will focus on blockchain innovation, talent development and community education in Africa NEAR Foundation CEO Marieke Flament said the ...

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Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO
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"I guess we have a concern that may be actually in violation of the Supreme Court ruling," said Coinbase CEO Brian Armstrong.

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Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
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All bets are off as volatility takes complete hold of Terra's tokens and a return to a U.S. dollar peg seems nowhere in sight.

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