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NFT

Instagram Is Rolling Out NFT Support

Instagram has begun rolling out their NFT integrations, pulling info from crypto wallets and tagging ownership.

DeFi

A Hacked Crypto Ad Firm Compromises CoinGecko, Etherscan

Coinzilla, a popular crypto ad delivery network, was compromised and delivered a phishing popup on Etherscan and CoinGecko.

DeFi

Terra's UST Stablecoin Depegs, Crashing Entire Crypto Market

Once considered a blue chip algo stablecoin, the $50B Terra ecosystem collapsed in less than a week, crashing Bitcoin and the crypto market.

DeFi

Will Tether's USDT be the Next Stablecoin to Collapse?

Tether’s USDT stablecoin is losing market cap. Tether could collapse in a major market downturn because it holds non-cash assets in its treasury.

DeFi

NEAR Protocol Bridge Takes 2.5 ETH from Its Attacker

Rainbow Bridge, a crypto protocol linking Ethereum to NEAR Protocol, thwarted an attack and profited in the process.

Bitcoin (BTC)

The International Monetary Fund Strong Arms Argentina Away from Crypto

After years of threats from the IMF about cryptocurrency, Argentina just took a $45B loan with the stipulation that they ban cryptocurrencies.

DeFi

This is the 7th Solana Outage

An NFT mint has caused the 7th Solana Outage that the blockchain has suffered, the 5th this year.

NFT

Haters Rejoice: Coinbase NFT Is off to a Slow Start

Coinbase NFT is open to the public, but it has very low transaction volume and poor user numbers.

Bitcoin (BTC)

Panama Will Become a Crypto Tax Haven

Panama, the Central American nation best known to Americans as a tax haven for the rich, is close to passing a strongly pro-crypto bill.

NFT

BAYC’s Land Sale Jacks Up ETH Gas Price, Wastes $80M

Bored Ape Yacht Club and Yuga Labs launched a land sale for their metaverse, Otherside. The sale minted 100,000 NFTs and $561M in sales.

DeFi

Edward Snowden was the Unknown 6th Person Who Launched ZCash

ZCash announced that Edward Snowden was the psuedo-anonymous 6th person who launched ZCash, John Dobbertin.

Bitcoin (BTC)

Fidelity Announces 401(k) Bitcoin Integration

Fidelity will integrate Bitcoin into its 401(k) retirement offerings, allowing investors to allocate tax-advantaged retirement savings to Bitcoin.

NFT

Coinbase Launches NFT Marketplace, Stock Market Doesn't Care

Coinbase NFT is Coinbase's web3 social media hub and NFT marketplace. Currently, only Ethereum NFTs are supported.

DeFi

Terra’s UST Stablecoin is now the #3 Stablecoin in Crypto

Terra (LUNA) stablecoin, UST, just passed Binance USD (BUSD) to become the third most valuable stablecoin, and the most valuable algorithmic stablecoin.

Aku Dreams

Aku Dreams NFT Project Akutars Loses $34M in ETH to Code Bug

Aku Dreams launched its Akutars NFT collection with buggy smart contracts. These smart contract bugs led to $34M in ETH being locked up forever.

DeFi

Justin Sun’s Tron Protocol Will Launch Its USDD Stablecoin with 30% APY

Justin Sun recently announced that his blockchain, Tron, will be launching its own algorithmic stablecoin, USDD, with a 30% annual yield.

Meta

Meta's Fees for Metaverse Sales Blow Away Apple's App Store

Meta will charge a cumulative 47.5% fee to creators that make sales on their platform after Zuckerberg criticized Apple's 30% fee.

Axie Infinity (AXS)

North Korea Diversifies Into Ethereum Via Record Crypto Hack

The FBI has tied the recent Axie Infinity Ronin sidechain hack to the North Korean hacking group Lazarus.

USDC

BlackRock Will Manage USDC's $50B Reserves Following $400M Raise

Circle announced a $400M funding round and that BlackRock will manage USDC's cash reserves.

Metaverse

Epic Games Raises $2B for Metaverse from LEGO and Sony

Game studio and software firm Epic Games announced it raised $2B from LEGO's holding company and Sony at a $31.5B valuation.

Maker DAO

MakerDAO is Diversifying Into the Real World by Issuing Loans to Tesla

MakerDAO just made a $7.8M loan to Tesla as part of their efforts to back up their stablecoin with real world assets.

Axie Infinity (AXS)

Sky Mavis Raises $150M to Compensate for Ronin Hack

Sky Mavis, maker of Axie Infinity, raised $150M primarily from Binance to make investors whole after their Ronin sidechain was hacked for $600M.

Near Protocol (NEAR)

Crypto VC: NEAR Protocol Will Launch Its USN Stablecoin with 20% APY

NEAR Protocol will launch its own native algorithmic stablecoin, called USN. Crypto VC Zoran Kole says USN will launch with staking yields around 20%.

FTX

FTX US Buys Stake in Stock Exchange IEX

FTX US bought a "significant" stake in IEX Group, operator of US stock exchange Investors' Exchange (IEX).

Terra (LUNA)

Stablecoin Wars: Terra LUNA is Trying to Depeg Maker DAO's DAI Stablecoin

Terra is at war with Maker DAO and its DAI stablecoin. Terra is starting a new Curve war with Maker DAO, and it partnered with serious Convex whales to choke out DAI's liquidity.