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May, 2022

Maker Up 11% Despite Terra CEO’s Pledge to Kill DAI
Maker is one of only a handful of crypto assets in the green today. The protocol behind the DAI stablecoin appears to be benefitting from the downfall of its closest......
Azuki NFTs Plunge After Founder Confesses Past Failures
One of the fastest NFT collections to reach blue chip status, Azuki, seems to be falling from grace after its pseudonymous co-founder Zagabond revealed his previous involvement with three failed......
Yellen Echoes Stablecoin Warning Citing UST Crash
U.S. Treasury Secretary Janet Yellen has called on Congress to pass stablecoin legislation, referencing UST’s recent depeg event. Yellen Highlights Stablecoin Risks Stablecoins are facing increased ...
Crypto Market Rebounds With More Pain Ahead
Panic has struck the cryptocurrency market as Bitcoin and Ethereum enter freefall. Although the correction appears to have paused, investors are still selling their holdings en masse. Fear and Despair...
NFT Blockchain Flow Launches $725M Ecosystem Fund
Dapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has raised $725 million to support the growth of its blockchain ecosystem. Flow Announces $725 Million Ecosystem Fund Dapper...
“Ethereum Killers” Underwater Against Ethereum
Amidst a sustained crypto market correction that began last November, many of the Layer 1 smart contract platforms meant to compete with Ethereum have been severely depressed in terms of......
Michael Saylor Defends Bitcoin-Backed Loan
Michael Saylor has weighed in on concerns that his company’s Bitcoin-backed loan from Silvergate could be margin called by stating his willingness to put up even more Bitcoin to maintain......
Terra Death Spiral Hits $3 as Bailout Rumors Fade
Terra has continued to collapse as the blockchains UST stablecoin has failed to regain its dollar peg. Rumors that a venture capital-backed bailout has fallen through have added increased downward......
Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project
According to new reporting fromCoinDesk,Terraform Labs CEO Do Kwon was previously involved in stablecoin project Basis Cash under the pseudonym “Rick Sanchez.” If true, it would mean that UST is.....
The Investment Case for Ethereum
As blockchain technology attracts more users, its important to understand what makes Ethereum a valuable investment. Ethereum launched as a decentralized network capable of running software programs, ...
Newswire > May, 2022

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