The Price of Solana Drops by 13% Following Another Network Outage
The price of SOL, the token of the Solana blockchain, started to fall yesterday after another network outage.
Coinbase Will Not Expand its Workforce
The dominance of the bearish sentiment in the market has forced the company to reconsider this measure.
Former BitMEX CEO Arthur Hayes Says Bitcoin and Ethereum Have Already Hit Lowest Levels
Arthur Hayes has said that Bitcoin and Ethereum have already reached their lowest price of the current cycle.
US Authorities Accuse Former OpenSea Manager of Insider Trading
Former OpenSea product director Nate Chastain has been accused of wire fraud and money laundering in an insider trading scheme on the popular NFT marketplace.
Privacy-focused Altcoin Zcash Devs Launch Major Update
The Electric Coin Company (ECC), the company behind the Zcash project, has announced the launch of a major mainnet upgrade for Zcash (ZEC).
South Korea is to Create a Committee to Monitor the Crypto Market
The authorities in South Korea intend to establish a temporary Digital Assets Committee after the collapse of the Terra ecosystem.
Fidelity Digital Assets to Hire More Employees to Meet Crypto Demand From Institutions
Fidelity Investments has announced it has plans to attract additional specialists to expand its product line.
Armenia’s Central Bank Intends to Develop Crypto Regulation
The State Revenue Committee of Armenia has tasked the Central Bank of the country to develop a regulation of the cryptocurrency sector.
Singapore’s Financial Regulator Wants to Explore DeFi Protocols
The Monetary Authority of Singapore (MAS) will explore the possibilities of DeFi protocols and tokenization.
South American Countries Are Turning to BTC
Due to the fact that 37.3% of South America’s population is below the poverty line, the crypto provides them with insurance against inflation.
Basel Committee Discusses Cryptocurrency Document Again
The Basel Committee on Banking Supervision has published an update on its May 27 meeting.
MoneyGram to Allow Stablecoin Transfers
MoneyGram has announced it intends to provide services for the transfer and conversion of stablecoins.
