PizzaDAO to host world’s biggest pizza party on May 22 to commemorate first BTC purchase

PizzaDAO is sponsoring more than 100 local pizzerias from 75 countries to give away free pizza to celebrate Bitcoin Pizza Day on May 22. PizzaDAO will use the revenue from its Rare... Read more »

Lens Protocol: A composable decentralized social graph for a web3-ready community

Building a social media platform from scratch is a daunting task. First, you need to establish a social graph which is a map of the relationships between people. A social graph comprises... Read more »

G7 says crypto regulation must be swift and comprehensive

Finance Ministers and Central Bank Governors from the G7 met last week to discuss global economic conditions, including cryptocurrency. The committee was joined by Heads of the International Monetary Fund, World Bank... Read more »

Derivative staking rewarding up to 40% to combat bear market

The Dotsama derivative staking platform, Bifrost, has launched a new Rainbow Boost incentive program. The loyalty scheme aims to “incentivize liquid staking and activity on-chain.” Any wallet that participated in the Kusama... Read more »

‘The Great DeFi unwind’ sees Total Value Locked plummet to 10-month lows

Crypto YouTuber Lark Davis tweeted that ‘the great DeFi unwind’ is upon us. The great #defi unwind saw us go from 230 billion at the start of April, to 110 billion sitting... Read more »

Crypto exchange FTX expands into US stock trading

FTX exchange is expanding into US equity trading with its subsidiary FTX US. FTX has launched its US equities trading service, accepting payments in Stablecoins and US dollars. With this news, a... Read more »

What now for stablecoins following the Terra UST disaster?

It’s been over a week since Terra UST de-pegged, triggering a massive market drawdown. UST’s market cap plummeted from $18.7 billion to $1.15 billion at writing. Similarly, the Terra LUNA token dropped... Read more »

China makes a comeback in the Bitcoin mining scene

New Bitcoin (BTC) mining data from the Cambridge Centre for Alternative Finance (CCAF) has revealed that China has resurfaced as a leading mining hub. This resurgence comes after the country banned BTC... Read more »

Coinbase to slow hiring and expansion due to market downturn

Coinbase announced today that it will slow its hiring process this year and reassess its headcount as it struggles with the market downturn. Emilie Choi, the president and COO of Coinbase, said... Read more »

CFTC Chair labels Bitcoin, Ethereum as commodities

Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), claimed Bitcoin (BTC) and Ethereum (ETH) are commodities. He said this during an interview with CNBC’s Squawk Box on Monday. Referring... Read more »