As the floor price of BAYC NFTs drop, it risks of major liquidation taking place on peer-to-peer BenDAO platform since these NFTs serve as collateral against the borrowed ETH.

The broader crypto market has also tanked a sharp 8% and is just floating above the $1 trillion mark.

The JPMorgan analyst said that Ethereum Merge will provide a significant revenue boost due to institutions participating in ETH staking.

The JPMorgan analyst said that Ethereum Merge will provide a significant revenue boost due to institutions participating in ETH staking.

Sources familiar with the matter said that CEO Alex authorized the sale of millions of dollars worth of Bitcoin by dictating individual trades.

The Coin Center executives said that the OFAC has overstepped in regulating Tornado Cash and violated U.S. residents’ “constitutional rights to due process and free speech”.

Acala Network said that a misconfiguration of the iBTC/aUSD liquidity pool was the reason behind minting $1.2 billion min excess aUSD stablecoins.

Vitalik Buterin said that after the Merge, the Ethereum Foundation will put major focus on scalability and the implementation of sharding.

The Proof-of-Stake on Goerli will be identical to how things work on the Ethereum mainnet.

Crypto exchange Coinbase noted that crypto winter and uncertain macroeconomic factors led to a dismal performance in the second quarter.

The U.S. Treasury said that Tornado Cash has repeatedly failed to improve effective control and preventing money laundering by malicious cyber attacks.

In a surprise move, banks in Portugal have taken a tough stand with respect to maintaining AML and KYC standards for crypto firms.

As part of the recent deal, BlackRock’s investment management platform Aladdin will integrate with Coinbase Prime.

ECB said that Bitcoin is least credible for cross-border payments due to its inefficient proof-of-work mechanism.

Michael Saylor said that he will now entirely focus on company’s Bitcoin acquisition strategy.

The SEC said that Forsage was running a complete Pyramid structure Ponzi scheme wherein it used assets from new investors in order to pay to the earlier ones.

Vitalik Buterin believes that the current efforts by corporations build the Metaverse aren’t going anywhere.

The Federal Reserve has hinted at easing up its quantitative tightening measures as a result of which the crypto community has been cheering with fresh rally.

As per sources, Kraken allowed customers to open accounts in countries sanctioned by the U.S. such as Cuba, Syria, and Iran.

Following the BTC price crash in Q2 2022, Tesla had to suffer major impairment losses which negatively impacted the company’s profitability.