Investment

Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout

On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events and losses, the crypto economy felt this…

Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon

The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens Protocol Is Live – Aave Founder Believes People…

An Anime Action Adventure: YOANN․IO Seed Launch on KICK․IO

press release PRESS RELEASE. Metaverses are here, and they are the next generation of gaming. That’s why KICK.IO launchpad is excited to be hosting the public sale of YOANN.IO, an Anime Action Adventure. YOANN.IO empowers players to go on exciting adventures, interact with other players, as well as earn passive income from the marketplace. Within…

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says

The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament. Russian Digital Financial Assets Likely to Appear by…

Biggest Movers: ATOM Remains Close to 1-Year Lows, as DOT Declines 8%

ATOM moved closer towards a one-year low on Wednesday, as prices dropped by nearly 10%. This came as DOT also declined during today’s trading session, when global crypto markets fell by over 3% as of writing. Cosmos (ATOM) On Wednesday, ATOM was one of the biggest movers in the session, as it fell by nearly…

Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’

Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.” Elon Musk on U.S. Recession and Inflation Elon Musk,…

South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST

South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchanges to provide information relating to transactions and investors of the two coins. South Korea’s Emergency Investigation Into LUNA, UST South Korea has launched an “emergency” investigation of domestic crypto…

Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate

New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s…

Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants

Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include an algorithmic stablecoin, and the newly minted tokens…

The First Rewards Card for the Web3 World by The Crypto Card Club

press release PRESS RELEASE. An emerging NFT company, The Crypto Card Club, has developed an innovative system that aims to recognise and reward investors by merging real-world reward point systems with NFT and Web3 purchases. The groundbreaking service financially rewards holders for their usual NFT spending, attempting to minimise Web3 financial risks and safely help…
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Fans Say She-Hulk Is a Skinny CGI Disaster

One of Marvel’s most exciting additions to Phase Four (although we have no idea where it’s going) is She-Hulk, who first appeared in 1980’s The Savage She-Hulk #1. Jennifer Walters is a skilled lawyer who became a big green superhero completely by accident. All thanks to her favorite cousin: Bruce Banner.On the day Bruce goes…
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7 Best Memory Foam Pillows of 2022, Tested by Experts

It can be hard to justify spending hundreds—even thousands—of dollars on your sleep setup. When you consider $1,000 or more for a premium mattress alone, plus a decent bed frame, nice sheets, pillows, and pillowcases, it all adds up. But it’s true that most of us spend at least one-third of our lives (ideally) sleeping.…

Researchers find backdoor lurking in WordPress plugin used by schools

UPDATE — If you've used School Management Pro, it's time to check your site, stat. Dan Goodin - May 20, 2022 10:51 pm UTC Researchers said on Friday that they found a malicious backdoor in a WordPress plugin that gave attackers full control of websites that used the package, which is marketed to schools. The…

Sixth child in US dies of unexplained hepatitis as global cases top 600

Enlarge / Liver lesions in patient with chronic active hepatitis C. A sixth child has died in the United States from puzzling liver inflammation—aka hepatitis—and the number of unexplained cases has risen to 180 across 36 states, according to the Centers for Disease Control and Prevention. The latest death was announced in a press briefing…

Analysis of prehistoric feces shows Stonehenge people had parasites

Enlarge / The prehistoric monument of Stonehenge in Wiltshire, UK. A large Neolithic settlement known as Durrington Walls is less than two miles away and is believed to be where the people who built the famous site camped during the main stage of construction. Adam Stanford Nearly two miles away from Stonehenge, there is a…