Monthly Archives: May 2021

Elon Musk has reportedly lost $20 billion since his May 8 appearance on Saturday Night live, as the news of Tesla halting BTC payments for cars continues to send shockwaves across markets. On May 7, the day before Musk made his appearance on SNL, Tesla stock was sitting at $669. In the week since the…

During the first quarter, Coinbase’s active users increased by 120% while trade volumes tripled. 1032 Total views 16 Total shares The first quarter revenue of leading U.S.-based crypto exchange, Coinbase, more than tripled its Q4 2020 performance.According to documents filed with the U.S. Securities and Exchange Commission, Coinbase generated earnings of $3.05 per share and…

After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns related to the energy required to mine the top cryptocurrency. As Tesla issued its…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Memecoin culture clashFeed the gorillas token, or FEG, was a source of drama after memes were posted of Chinese president Xi Jinping. The…

Cryptocurrency price corrected sharply today, including Ether (ETH), but this is a short-term move which is not reflective of the more macro-level events which still paint a bullish picture for assets like Ether and Bitcoin. In the last 30 days, Ether price gained 96%, moving from $2,138 to $4,200 on May 11. Normally the assumption…

The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. 4184 Total views 20 Total shares After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating…