News and Articles by Anahit

Leading bank Morgan Stanley predicts that the amount of venture capital crypto investments may decrease by 50% this year. The institution said in a report, despite the latest fall of the market, crypto investments remain high. Last year, crypto firms secured a record of $30 bln of VC investments....

Over the last 24 hours, the total crypto market cap increased by around 3% and now stands at above $1.3 trillion. After nine consecutive weeks of losses, Bitcoin price went above $31,600 again. Ether trades at above $1960. The Cardano blockchain's ADA coin is among the biggest gainers of this week....

Terra's crash caused discussions and questions. The South Korean government now is investigating Terraform Labs, the company that developed the project to find out whether the team manipulated the price. According to local media, authorities have called on Terraform Labs employees as a part of a...

The Terra ecosystem was relaunched via Terra 2.0 on May 28. Now, the original Terra is called Terra LUNA Classic. The price of the new LUNA token, or Luna 2.0 has seen great volatility. Since the release, the token fell by around 70%. LUNA 2 tokens were airdropped to those who had Luna Classic,...

On May 27, Elon Musk revealed that SpaceX will accept Dogecoin. In January, Tesla started supporting DOGE as a means of payments for certain products. A user asked whether they will be able to pay for Starlink subscriptions via the meme coin in the future. Replying to the question, Musk said one...

The third largest crypto and the largest stablecoin USDT now operates on the Ethereum scaling solution, Polygon in addition to other blockchains, including Ethereum, EOS, and others. The Polygon team published a blog post that says the network's DeFi space will benefit greatly from USDT, which...

STEPN, a move-to-earn web 3 application recently revealed blocking users based in China to comply with regulations. The project, based on the Solana blockchain, launched its native token GMT in March 2021. Users can buy and trade NFT trainers in the game and earn rewards in GMT while walking and...

Crypto and blockchain influencer, the co-founder of the Ethereum blockchain, Vitalik Buterin published an analytical article about algorithmic stablecoins and how they can operate efficiently. The most essential thing about stablecoin protocols is resiliency, according to Buterin. He wrote that the...

During a budget voting session on May 25, the Parliament of Portugal rejected proposals to tax BTC and other cryptos. The bills suggested taxing crypto profits in excess of €5,000 (equal to $5,340.45). Since 2018, Portugal has considered taxing individual crypto sales. Currently, the country...

Amid bearish sentiments prevailing in the market, Nikolaos Panigirtzoglou and other strategists of the leading investment bank JPMorgan said in a note that BTC is likely to go up after the recent fall. They predicted the rise of the coin to $38,000, about a 29% increase of Bitcoin's current trading...

Venture Capital company Andreessen Horowitz (a16z) has closed its latest crypto fund of $4.5 billion. This is the fourth crypto fund by the company for crypto and blockchain startups. The VC will dedicate $1.5 billion of the mentioned amount to seed investments, and $3 billion to venture...

Francis Suarez, the Mayor of Miami said he keeps taking his salary in Bitcoin, although the coin's price dropped by around 40% in the last two months. At the World Economic Forum, he said that it's not his only salary. Suarez mentioned that it's a different decision if someone decides to take their...

Ethereum co-founder Vitalik Buterin said in one of his tweets that he is no longer a billionaire. Replying to a post of the Neoliberal Project about people analyzing tweets of Elon Musk and Jeff Bezos, Buterin wrote he appreciates them for responding to people, and not shouting their own stuff. He...

Managing Director of the International Monetary Fund, Kristalina Georgieva, finds that the collapse of Terra blockchain's UST stablecoin shouldn't be a reason to abandon the crypto market. At the World Economic Forum’s annual meeting, she advised not to draw out the importance of the crypto...

Legendary basketball player Earvin "Magic" Johnson announced the launch of his first NFT collection. He tweeted being excited to present some of his epic moments from his career to fans. I’m really excited to partner with @nbatopshot to release my first NFTs and bring some of my...

The governor of India's Central Bank, Shaktikanta Das mentioned the risks related to cryptos in an interview with CNBC-TV18. Pointing to the fall of crypto prices, Das said that Indian regulators have been cautioning against the sector previously. Recently, prices of cryptocurrencies dropped...

Fashion house Balenciaga will provide the possibility to make payments in cryptos, particularly in Bitcoin and Eth. The brand's flagship stores in LA, New York, and its online store will support the option. Earlier this month Balenciaga released its NFT collection on the NFT marketplace of...

DeFi architect Andre Cronje, who served as a technical advisor for the smart contract platform Fantom, may return to the industry. This March, Cronje together with Anthon Nell, whith whom they worked on various DeFi projects, announced leaving the industry. What makes suggest that the developer may...