Can Terra’s UST Stablecoin Hold Its Peg?

Key Takeaways UST is an algorithmic stablecoin on Terra. It’s pegged to the value of the U.S dollar. Because UST is unbacked, it can potentially de-peg from the dollar during periods of... Read more »

Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support

Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at $45,500. Currently, bulls are looking to shore up their defense at the $43,000... Read more »

SundaeSwap announces how to claim ISPO tokens, but is it all too little too late?

Participants of the SundaeSwap initial stake pool offering (ISPO) can claim their free $SUNDAE tokens via DripDropz.io from March 1. Under fire SundaeSwap finally gives official details on how to claim ISPO... Read more »

US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities

A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing... Read more »

Metaverse That Doesn’t Exist Yet Bags $70M in Ethereum

Key Takeaways A new gaming project called Pixelmon has raised $71.4 million in an NFT sale. In the hours after the mint, Pixelmon NFT prices crashed hard, giving early minters a paper... Read more »

IRS court settlement doesn’t clarify crypto staking taxes

In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had paid on unclaimed and unsold Tezos (XTZ)... Read more »

The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production

Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from... Read more »

What is PulseX and Why Did People Give It a Billion Dollars?

On Jan 10th, the first stage of PulseX’s “sacrifice” ended, bringing total investment into the project to $1 billion and making it one of the largest funding rounds (albeit unofficial) in crypto... Read more »

Kazakhstan proposes power price hikes and taxes targeting crypto miners

The Kazakh government is considering a three-pronged proposal designed to make crypto miners pay much more for operating in the country, which could make Kazakhstan less attractive to the industry. On Feb.... Read more »

Vitalik Buterin: Ethereum Will Likely Never Be Much Faster

Key Takeaways Vitalik Buterin has clarified why Ethereum’s block time is unlikely to be made significantly quicker in the future. Reducing block time, whether Proof-of-Work or Proof-of-Stake, comes with consequences in regard... Read more »