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Luna’s BTC Reserves Gone as Exchanges Halt UST Withdrawals Amid Turbulent 24 Hours

The latest move by the cryptocurrency exchange comes after LFG decided to lend $1.5 billion in BTC and UST to defend the latter’s peg. Binance has announced temporarily suspending LUNA…

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Almost 47% of Bitcoin’s Supply at a Loss as BTC Price Crashed Below $30K

Bitcoin’s price crashed below $30K yesterday (on Binance) for the first time since July 2021. It reached a low of $29,730. Data from the popular analytics resource, CryptoQuant reveals that 46.8% of…

Continue ReadingAlmost 47% of Bitcoin’s Supply at a Loss as BTC Price Crashed Below $30K

Meta’s Instagram Tests NFTs as Facebook Plans to Follow Suit Soon, Says Zuckerburg

In a conversation with web3 entrepreneur Tom Bilyeu, Meta CEO Mark Zuckerberg revealed that Instagram has begun testing NFTs. One of Meta’s other platforms, Facebook, will soon adopt similar functionalities.…

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