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Ookie DAO is compelled to shut down shutters
14.6.2023
Ookie DAO was compelled to shut down its shutters and withdraw from all internet activity. This was due to the lawsuit that was duly filed against it by the CFTC. As per the allegations of the CFTC, they believe that the DAO was built to transfer the ownership of a non-compliant trading platform...
AWS went down in the US, but Ethereum kept humming
14.6.2023
Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future
NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains
13.6.2023
After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...
Reddit Goes Down As Communities Protest Wildly Unpopular Changes [UPDATE]
12.6.2023
As we reported earlier in the month, Reddit, one of the most popular forums for gaming communities, is planning to make some changes under the hood that will essentially kill off every third-party app. Given the state of the official app and its heavy reliance on huge ads, it’s a deeply unpopular...
Robinhood’s May Crypto Trading Volume Falls 68% to $2.1B
12.6.2023
The trading platform recently delisted three tokens that were classified as securities in the SEC's lawsuit against Coinbase and Binance
Cardano's worst week since May 2021 is over — Will ADA price rebound 40%?
12.6.2023
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention
European Consumer Organization Calls for Curbing Crypto Promotion on Twitter, Tiktok
11.6.2023
BEUC, the European Consumer Organization, has urged Brussels to clamp down on the promotion of crypto assets on social media. The umbrella group calls for implementing stricter advertising rules on major platforms like Twitter and Tiktok as well as preventing influencers from misleading investors....
Pepe fades out of relevance, & activity has dropped by 80%, but DigiToads gets started
10.6.2023
There’s a lot that has been keeping the crypto market abuzz, and on top of the list is the declining popularity of Pepe. Not too long ago, the meme coin was among the best cryptocurrency to buy in the market, but its bull run has finally ended. According to market reports, analysts see Pepe...
Biggest Movers: ADA, MATIC Plunge by Nearly 25%, Following Robinhood Delisting
10.6.2023
Cardano fell by over 25% on Saturday, as traders continued to react to the token being delisted from the Robinhood platform. The global cryptocurrency market cap is currently down by nearly 6%, following these developments. Polygon, which was also delisted, dropped to a one-year low to start...
Ooki DAO to shut down after 'precedent setting' court battle with CFTC
10.6.2023
The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.”
UK Bans ‘Refer a Friend’ Bonuses With Tougher Crypto Marketing Rules
10.6.2023
Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country’s financial watchdog. These include prohibiting ‘refer a friend’ bonuses for the industry as well as introducing a cooling-off period for first time investors. Regulator...
Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’
10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...
Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry but Sustainable Coin Ecoterra Just Raised $4.9 Million – What Does it Do?
9.6.2023
It’s been a disastrous week for Polygon.
The Ethereum layer-2 scaling solution’s native MATIC token has shed nearly 20% of its value since the weekly open, tanking from the upper $0.80s to the low-$0.70s....
Read More: Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry...
Crypto.com Winding Down U.S. Institutional Business
9.6.2023
Singapore-based crypto exchange Crypto.com will no longer be offering its service to institutional clients in the U.S. due to “limited demand,” the company announced Friday
Binance VP of Marketing: crypto needs to 'double down' on community support
9.6.2023
Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity
Coinbase CEO Armstrong Says Not Shutting Down Staking Service
7.6.2023
Coinbase
Binance Coin is Going to Zero as the SEC Clamps Down on Crypto Exchanges but Eco Friendly Project Ecoterra Just Hit $4.8 Million – What's Going On?
7.6.2023
As the aftermath of the seismic SEC v. Binance lawsuit sinks in, crypto markets are reeling at the mass enforcement move by the SEC which has raised major red flags around big projects such as BNB, SOL, MATIC, and ADA.
Among the worst hit, BNB suffered a sudden -17% cascade as traders took stock...
First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance
6.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethereum gas fees cool down after May memecoin frenzy
5.6.2023
Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May
Etherscan Launches Advanced Filter for Enhanced Ethereum Blockchain Exploration
5.6.2023
On June 2, 2023, the Ethereum blockchain explorer and insights web portal, Etherscan, released a new feature that allows users to refine their transaction searches with filters. Onchain sleuths, researchers, and investigators can now narrow down the results in a single view using a variety of...