Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Staking coins is not safe as its being built up around here. Ask the LUNAtic stakers. They cant withdraw as their coin value plummeted from $110 to $3

On a lot of threads here, people keep saying stake your coins for passive income.. while passive income is indeed a good strategy (who doesnt like extra beer money?), staking has massive risks as well which have played out with the ongoing collapse. On most staking networks, you have a long unlock period. Its 14…
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Now it’s not the time to be careless with your words – let’s please have some empathy

Disclaimer: I was invested in LUNA and UST so I'm talking from experience here I just want to say to everyone using crypto social media in this past day, please please be very gentle with your words. There are a lot of posts on Reddit talking about people losing their life savings, feeling "weirdly detached"…
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Mexican Crypto Exchange Bitso Launches Stable Yield Program

Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on the quantities deposited by users, and it is designed to help […]

Fallout from the algo-stablecoin apocalypse. Some points:

The present situation is a turning point in crypto markets history. Many have lost a lot of funds and this is sure to attract a lot of heat towards crypto. Its comparable to Bitconnect bust, but the key difference is that Bitconnect didnt peddle itself as a stablecoin asking people to park their savings there.…
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FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund

Venture capital continues to target crypto and fintech for funding, with Web3 emerging as a major trend in 2022.

I’m sorry for all the people that lost their life savings, again! … This is why the OG’s always give the same advice.

In my 6 years of being in this rollercoaster i have seen countless of people lose their money taking too much risk and getting caught in scams, ponzi's, rugpulls, lies, traps, … you name it. Especially new people always get pulled in to these things and they believe all the smart words they get thrown…
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Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to '$138K' in UST

All bets are off as volatility takes complete hold of Terra’s tokens and a return to a U.S. dollar peg seems nowhere in sight.

Indian central bank’s 'informal pressure' disrupted payments: Coinbase CEO

“I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling,” said Coinbase CEO Brian Armstrong.

Cryptocurrency Exchange Kucoin Raises $150 Million in Pre-Series B Funding Round, Reaches $10 Billion Valuation

Kucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The negotiation, which was led by Jump Crypto with the participation of other investors including Circle Ventures, IDG Capital, and Matrix Partners, has conferred the exchange a valuation of $10 billion. The exchange will use these funds […]