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May, 2022

Terra Community Must Revive Network, Do Kwon Urges
Kwon has suggested resetting token ownership with a new allocation of 1 billion tokens. Do Kwon Suggests Reviving Terra Do Kwon has put forward a plan to revive Terra. The......
Prosecutors Seek Additional Jail Time for BitMEX Co-Founder Arthur Hayes
U.S. prosecutors have suggested that BitMEX co-founder Arthur Hayes should spend more than a year in jail, according to reports. Hayes Could Receive Longer Sentence Prosecutors are seeking additional ...
The Crypto Whales That Backed Terra Before It Imploded
Though the full extent of Terra’s dramatic implosion is unknown, it’s believed that many top venture capital firms lost big. We explore how the crypto industry’s “Lehman moment” could impact...
Terra’s LFG Reveals What Happened to Its Bitcoin Reserves
The Luna Foundation Guard revealed early Monday in a tweetstorm that it had sold off almost its entire Bitcoin reserve in the failed attempt to prevent the meltdown of its......
U.K. Treasury Confirms Stablecoin Legislation Part of Upcoming Bill
Her Majestys Treasury has confirmed plans to legalize stablecoins as a form of payment in a new Financial Services and Markets Bill announced on May 10. U.K to Regulate Stablecoins......
Decentraland, Sandbox Tokens May Dip Below $1 Again
Decentraland and Sandbox have recovered from the downswing seen on May 12. Still, these tokens have yet to collect enough liquidity to advance toward higher highs. Decentraland and Sandbox Look......
These Metrics Could Help Time the Bitcoin Market Bottom
Bitcoin is locked in a steep downtrend that has seen it retrace by more than 63% over the past seven months. Still, on-chain metrics suggest that the top cryptocurrency has......
Celsius Announces Plans to Take Its Mining Business Public
Crypto lending platform Celsius Network is planning to IPO its Bitcoin mining subsidiary firm, Celsius Mining LLC. Celsius Plans Mining Subsidiary IPO Celsius appears to be the latest crypto startup.....
Kusama Rallies 13% After Crowdloan Token Unlock 
Despite more tokens entering circulation, the price of KSM has increased by over 13%. Kusama Surges on Bullish Unlock It appears that investors have taken the recent Kusama token unlock......
Do Kwon Says Terra Could Fork Into Two Blockchains
Terraform Labs CEO Do Kwon has announced a second revival plan for the failing Terra ecosystem in a Twitter thread. Do Kwon Announces Revival Plan Do Kwon is not ready......
Newswire > May, 2022

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