Regulations for Stablecoins Are a Hot Topic Now Due to Terra’s Meltdown
The global regulators saw ripple effects from the collapse of algorithmic stablecoin UST.
The Price of Celsius Drops Below $0.60 For The First Time Since Late 2020
Celsius (CEL), token traded at $0.58 today. Throughout May, crypto prices were mostly down.
Popular BlockFi Crypto Lending Platform Reduces Interest Rates by 50%
BlockFi, a well-known crypto lending platform, has reduced interest rates by half for cryptos that are held by non-US clients.
More Protocols and Projects Have Shifted to Polygon Since TERRA Demise
Polygon invites Terra’s disgruntled projects to join its ranks.
Blockchain Trials Have Been Made by JPMorgan in After Hours Trading
“What we have achieved is the frictionless transfer of collateral assets upon an instantaneous base,” said Ben Challice, JPMorgan’s global head for trading services.
Twitter Gets Fined $150 Million For Data Privacy Problems – and Agrees to Pay
Twitter reached a settlement with the Department of Justice (FTC) that included a civil penalty of $150 million and a civil fine.
Insurance Protocol InsurAce Will Pay Victims of The Terra LUNA Crash
InsurAce, the insurance protocol for DeFi, took heat from the community after suddenly shortening its claims periods for Terra-related insurance cases. However, it is now set to pay $11 million to claimants.
Here are the Things That Elon Musk Wants To Change About Twitter
In-app payments, open-source code and… Dogecoin This is what Tesla CEO Elon Musk has in mind for the social media platform after the takeover.
From $44 Billion to Elon Musk’s New Committed Offer of $33.5 Billion
According to a recent SEC filing, Tesla CEO Elon Musk will commit $33.5 billion for his bid to buy out Twitter.
ZEBEDEE Gaming App Allows U.S Users MoonPay Integration
ZEBEDEE is a Bitcoin gaming platform that has integrated the services and products of MoonPay, a crypto payments firm. U.S. users will be able to buy Bitcoin via MoonPay. There are more countries in the pipeline and they will soon be able sell Bitcoin for fiat currency.
