Latest Web 3 and Cryptocurrency News
Many newsworthy events happen throughout the crypto industry every day. These could be the latest developments about Bitcoin and mining, Ethereum, meme coins, or some of the many other altcoins on the market.
Blockchain projects keep bringing updates of old coins and developing new ones, sometimes organizing initial coin offerings (ICOs) to raise funds. At the same time, Web 3.0 is on the rise.
Among other innovations, the next stage in the development of the world wide web has brought decentralized finance (DeFi), non-fungible tokens (NFTs), and play-to-earn (P2E) games. Businesses and decentralized autonomous organizations (DAOs) are doing their best to achieve projects’ aims, while national governments and lawmakers are increasingly looking to regulate the crypto industry.
So, apart from offering reviews and informative and easy-to-grasp Crypto Academy guides, we also provide regular coverage of all the described industry fields. Stay tuned for the trustworthy news you need to hear about!
Su Zhu blames FTX and DCG in Terra LUNA collapse
Su Zhu, co-founder of the troubled hedge fund Three Arrows Capital, leveled accusations against Digital Currency Group, pointing to its conspiracy with FTX in the collapse of Terra LUNA, which led to the bankruptcies of 3AC and Babel. Su Zhu was responding primarily to the spreading accusations against Digital Currency Group (DCG), led by Gemini […]
Robinhood shares may move to neutral broker
BlockFi’s bankruptcy judge may decide to transfer $430 million worth of Robinhood shares to a neutral broker or escrow account for the duration of the proceedings. During a court hearing this Wednesday, Michael Kaplan agreed to review BlockFi’s request to move 56 million Robinhood market shares worth $430 million to a neutral broker, which are […]
Alameda wallets suddenly move funds via crypto mixers
After a month of inactivity, the bankrupt sister company of FTX, Alameda Research, was caught transferring $1.7 million worth of assets through multiple crypto mixers. Data from the crypto intelligence agency Arkham shows that in the 24 hours between December 27th and 28th, 30 Alameda wallets started swapping ETH/USDT and sending it to crypto-mixing services. […]
Midas Investment platform is closing down
Custodial investment firm Midas has announced the closure of its platform due to the $63.3 million balance sheet hole created by the collapses of Celsius and FTX. Iakov Trevor, the CEO of Midas Investment, the platform that previously enabled users to deposit funds and invest in various decentralized finance projects, said in a blog post […]
Pharma Bro gives Sam Bankman-Fried prison advice
Martin Shkreli, also known as Pharma Bro, commented on Sam Bankman-Fried’s survival in federal prison. He previously emphasized that SBF got lucky with the judge to get the bail deal. Pharma Bro, a former CEO of Turing Pharmaceuticals, was sentenced to 7 years in prison for committing fraud by selling AIDS’s Daraprim tablets for $750 […]
TradeCrypto x Subsocial Contest Winners!
Here we go with Spacers NFT Collection contest results! We’re excited to announce the four lucky winners, who will each receive a Spacer pod NFT with a TradeCrypto patch. Thank you to all of the participants who entered the contest and purchased Spacers and equipment. We hope you had a blast on this one-of-a-kind journey […]
17 crypto investors lost $116 billion in wealth
According to a Forbes report, the top crypto investors and founders lost about $116 billion in total assets from March to December this year. The entire industry suffered significant losses this year with the collapse of Terra’s stablecoin LUNA, followed by bankrupt hedge fund Three Arrow Capital, brokerage firm Voyager Digital, crypto lenders Celsius and […]
Binance addresses all recent FUD in blog post
The crypto exchange Binance has prepared answers to all the latest media FUD in its blog. Let’s review the points together and see if the exchange has answered all the questions. The blog post starts with “After the stress test, we will win the trust of more users.” Recall the stress test in question: The […]
Half of 2022 NFT volume is wash trades
New research by hildobby, an anonymous data analyst for DragonFly and Dune, has shown that up to 80% of trades in January 2022 were wash trades. As you can see from Dune Analytics’ data table, the record increase in turnover in January this year was due to interest in NFTs and wash trades. January trading […]
Uniswap partners with Moonpay to bring debit cards
The largest decentralized exchange, Uniswap, is to bring debit and credit card payments to DeFi via the crypto payments provider, Moonpay. Uniswap is making a giant step towards DeFi adoption with an announcement of this partnership: Users can purchase crypto on the Uniswap Web App using a credit card, debit card, or bank transfer. They can convert […]