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News and Articles by Anahit

Terra Luna Do Kwon

Terra Founder Says He's Heartbroken for What His Invention Caused


Terra blockchain ecosystem founder Do Kwon said he's heartbroken about the pain his invention caused the community. Kwon tweeted that in the past few days, he has held phone calls with Terra blockchain engineers, community members, employees, friends, and family that have been devastated by the...

Kiyosaki Bitcoin prediction

Robert Kiyosaki Says Bitcoin May Fall to $17,000 and Lower


Entrepreneur, the author of "Rich Dad, Poor Dad", Robert Kiyosaki finds that Bitcoin crashing is great news. A recent tweet by Kiyosaki says that he continues to wait for BTC to crash to $20,000. The entrepreneur mentioned then he would wait for the coin to drop to $17,000. Kiyosaki plans...

Norway Bitcoin mining

Norwegian Parliament Said No to Bitcoin Mining Ban


Norway’s Parliament said no to the proposal to prohibit energy-intensive crypto mining in the country. The proposal was made by Norway's political party Rødt (Red Party) in March. Rødt finds that it is better to use Norway's natural power sources for other purposes than crypto mining saying...

Coinbase crypto

Coinbase Users Had Difficulties While Withdrawing Funds


Users of the crypto exchange Coinbase were reporting difficulties while withdrawing holdings amid the significant fall in crypto prices. On May 12, Coinbase Support tweeted that the team is aware that some customers are having issues trading and using accounts on Coinbase and Coinbase Pro. The...

Terra blockchain halt

Terra Halted Block Production, Plans to Recover the Ecosystem


Terra announced officially halting at block 7607789 as UST continues to be below its peg and LUNA is 99% down. The tweet published by the company says that validators have stopped the network to build a plan to recover operations. The Terra blockchain has officially halted at block 7607789.Terra...

crypto games 1xBit

1xBit Brings a New Hot Event - Ice on Fire


Sometimes it pays to leave your comfort zone and step into the Ice, and if possible, like the pure gold, let the burning furnace refine you. Why fear the Ice when the Fire can keep you warm? On 1xBit, all lovers of Hockey and beyond can now play the game of Ice on Fire; it is a new tournament where...

Mark Cuban crypto

Mark Cuban Says Crypto Is Facing the Same as the Early Internet


Entrepreneur Mark Cuban, who owns the basketball team Dallas Mavericks expressed his opinion about the current crypto market weakness. Currently, Bitcoin trades at around $29,000, and Ether hovers over $2,000. In the last 24 hours, the total crypto market cap fell by around 8% and now is $1.25...

China Bitcoin

Shanghai High Court Said Bitcoin Is an Asset Protected by Law


The Shanghai High People's Court has mentioned that Bitcoin is a digital asset protected by Chinese law, adding that the coin has economic value. According to local media, the declaration was made in connection with a court hearing. A person called Cheng Mou filed a lawsuit demanding that another...

Bitcoin Germany

Germany Released a Crypto Tax Guide


The Ministry of Finance (BMF) of Germany has updated its crypto policy. According to new rules, the sale of bought digital assets like bitcoin and eth won't be taxed if held longer than a year. It is the first time that Germany issues a nationwide uniform and instructions on cryptos. In addition to...

crypto market news

Crypto Decline Continues, Bitcoin Falls Below $28.000


Prices of cryptocurrencies continue to decline. Bitcoin dropped below $28,000 and currently trades at around $27.900. The lowest price was around $26,350. Bitcoin's market cap stands at above $529 billion. Ether trades at around $1,880. The total crypto market cap decreased by over 13% in the last...

Chainalysis  valuation

After the Recent Funding Round, Chainalysis Value Hit $8.6 B


Blockchain investigation firm Chainalysis attracted $170 M in the recent investment round. Thus, the company's valuation hit $8.6 bln. A report by The Information says that the company raised the amount in Series F led by Singapore-based investment management company GIC. In June 2021, Chainalysis...

Terra LUNA fall

LUNA Price Fell More Than 90%, Fluctuations Continue


The price of LUNA, the native governance coin of the Terra blockchain fell by more than 94% in the last seven days. Although, in general, the crypto market sees difficulties now, LUNA's price drop was the most significant. LUNA hit its lowest price in a year falling below $1 and trading at $0.8...

metaverse Las Vegas

TCG World and Jigsaw Puzzle International Convention to host The Metaverse Expo


TCG World partners with Shark Tank backed Jigsaw Puzzle International Convention (JPiC) to co-host The Metaverse Expo 2022, Las Vegas The Metaverse Expo 2022 is a 3 day event held at the Las Vegas Convention Center on 8th - 10th July 2022 that will bring together entrepreneurs, industry experts...

SEC Gary Gensler

Gary Gensler Finds Crypto Exchanges Trade Against Their Clients


SEC Chair Gary Gensler criticized crypto exchange platforms, saying some of them have rules that may be against their customers. In a recent interview with Bloomberg, he said that the agency is examining most of the digital assets and trading venues and finds they should register with the...

Mike Novogratz crypto

Mike Novogratz Expects More Volatility in the Crypto Market


Galaxy Digital CEO Mike Novogratz finds crypto prices will remain volatile at least for the coming quarters. In the company's earnings call on May 9, he said that more damage is expected to be done and the BTC price could fall below $30,000. Galaxy Digital, a financial services firm focused on...

Terra stablecoin

TerraUSD Dropped Below Its $1 Peg


Terra blockchain's UST stablecoin fell below its $1 price peg. At the moment of writing, UST trades at around $0.92. On May 9, the stablecoins dropped as low as 68 cents according to data by CoinMarcetCap. UST is an algorithmic stablecoin created by Terraform Labs in 2018. Terra uses complex codes...

Bitcoin El Salvador

El Salvador Bought the Dip Adding 500 Bitcoins


The president of El Salvador, Nayib Bukele announced that the country added $15.5 M worth of Bitcoins to its balance sheet at an average price of $30,744. El Salvador just bought the dip! 🇸🇻500 coins at an average USD price of ~$30,744 🥳#Bitcoin— Nayib Bukele (@nayibbukele) May 9,...

Google Cloud Web3

Google's Cloud Team Forms Web3 Group to Meet Demand in Crypto


In February, Google's parent company Alphabet announced that the future plans of the conglomerate include blockchain technology and Web 3. And now, the Cloud group of Google is starting a team to offer their services to blockchain app developers. Thus, the company aims to meet the growing...

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