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The Latest Breaking News from Crypto

Was Terra (LUNA) A Pyramid Scheme? Here's What Bill Ackman Says

The collapse of cryptocurrency Terra has been one of the most talked-about topics in the crypto world over the past few weeks. A famous hedge fund manager weighed in with his take on the situation and offered up a harsh comparison.

Benzinga

Ethereum Whale Moves 10,000 ETH Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $20,283,411 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x530e0a6993ea99ffc96615af43f327225a5fe536

Benzinga

Anonymous Crypto Wallet Moves $51M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $51,511,781 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1Hm44kKQrydTszKrCCnAR6jzC1624J6SEL

Benzinga

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Anonymous Crypto Wallet Moves $59M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $59,935,437 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qslalczjgcee23u5w5796updj596k66qscu5s9z

Benzinga

$73M In Bitcoin Was Just Transferred Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $73,282,868 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 17vU11S5Lg9gg6E74Fvh8Da68fTwz6DpPZ

Benzinga

Bitcoin Whale Moves 2,447 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $73,516,234 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 12Tyfvq8tHjY5prqKxcWBUhUQQR1LhX4nX.

Benzinga

What On-Chain Ethereum Data Shows: Rattled Investors, Continuing Growth

Ethereum (CRYPTO: ETH) is showing significant investor interest after losing over half of its value from the all-time high reported in late 2021, as indicated by market data.

Benzinga

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Crypto crash unlikely to reduce its climate impact, expert says

Enormous energy consumption has barely reduced despite $1tn being wiped off the sector

The Guardian - UK

How to buy SafeMoon

SafeMoon (SFM) is a cryptocurrency on the Binance Smart Chain blockchain and is headed by John Karony, a former US Department of Defense analyst.

Evening Standard

Dogecoin Daily: Price Heads Lower, Why You 'Shouldn't Send Your Coins' To Elon Musk And More

Dogecoin (CRYPTO: DOGE) traded 3.2% lower at $0.086 over 24 hours leading up to early Wednesday morning. DOGE slipped into the red alongside other major coins as the global cryptocurrency market cap declined 3.5% to $1.27 trillion.

Benzinga

YouTube boxers Logan Paul and KSI lose over $3million in crypto investments

Cryptocurrencies have plummeted recently with Terra Luna taking the worst hit of them all and Paul revealed just how much money he and KSI have lost

Daily Mirror

PAX Gold, Chiliz Among Top Crypto Movers In 24H

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

Investors Flee From Bitcoin As Addresses Sending BTC To Crypto Exchanges Reach 4-Year High

Holders of the world's first cryptocurrency Bitcoin (CRYPTO: BTC) are seemingly emptying their bags after the collapse of cryptocurrency Terra (CRYPTO: LUNA), which occurred when the price of stabl

Benzinga

Blockchain Gaming Startup N3twork Studios Raises $46M In Funding

N3twork Studios Inc., a blockchain gaming business, has raised $46 million in funding. The funding infusion comes as the startup prepares to launch two new games and as controversy lingers over the use of cryptocurrencies in gaming, reported Bloomberg. Venture capital firm Griffin Gaming Partners led the Series A funding round, with participation…

Benzinga

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The Guardian - UK

TechScape: How Musk and crypto bros get away with it

In this week’s newsletter: Just like Donald Trump’s political rise, Tesla’s CEO and firms like Tether win by simply not playing by the same rules as everyone else

Benzinga

Coinbase Plans To Slow Hiring Amid Crypto Market Downturn

Major crypto exchange Coinbase Global Inc (NASDAQ: COIN) plans to slow hiring in the wake of rapidly declining cryptocurrency prices. What Happened: In an announcement on Tuesday, Coinbase said it would be reprioritizing its hiring needs after the current market downturn.

Benzinga

Cryptocurrencies Trends to Watch This Year, Including Policy Decisions and Innovations

2021 was a year of significant volatility for cryptocurrencies due to multiple factors, including regulatory changes in China and Elon Musk’s realization of the negative environmental impact caused by cryptocurrency mining. Last year, the value of Bitcoin reached all-time highs before plummeting in May. Late last year, Ethereum also reached…

Bangkok Post

UST collapse hits digital asset market

The global cryptocurrency market saw its value plummet amid heavy sell-offs, with the collapse of TerraUSD (UST), one of the biggest stablecoins, sending shockwaves throughout the digital asset market.

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Benzinga

NFT Features: What Drives The Value Of NFTs Up?

By Mesha There’s a lot of crypto buzz going around, and indeed, for all the right reasons. And if you have been following the trends, the value of NFTs has exploded. Some unique features of NFTs make them extremely popular.

Benzinga

Tuesday's Afternoon Update On Crypto Gainers and Losers

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

Here's Why Bitcoin Could Plummet 30%

Bitcoin (CRYPTO: BTC) was trading slightly lower on Tuesday attempting to break down bearishly from an inside bar pattern the crypto has developed on its daily chart.

Benzinga

Terra (LUNA) Blow-Up One Of The 'Largest Fiascos' In Crypto Market History, Ark Says

TerraUSD (CRYPTO: UST) losing its peg to the dollar and the subsequent blow-up seen in Terra (CRYPTO: LUNA) was termed one of the “largest fiascos” in cryptocurrency market history by Frank Downing, an analyst w

The Times of India

A crypto first? What happens when a blockchain like Terra dies

The crypto world has been riveted by the rapid collapse of the TerraUSD stablecoin. But its implosion may bring about something just as noteworthy: the death of a major blockchain.

Benzinga

Do Kwon Proposes Terra Hard Fork, Airdrop To TerraUSD, LUNA Holders

Terra (CRYPTO: LUNA) founder Do Kwon has proposed a blockchain hard fork to revive the project’s ecosystem.

Benzinga

Elon Musk Reacts To Dogecoin Creator's Tweet That 95% Of Crypto Is 'Scams And Garbage'

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus appreciated Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s reaction to a tweet in which the latter touched upon the poor reputation of crypt

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