







Terra Meltdown Concerns European Officials; Renews Call for Legislation
European officials have called for immediate regulation of crypto in light of the Terra-led market crash. Bank of France Governor Francois Villeroy de Galhau said at a conference: “Crypto-assets could disrupt the international financial system if they are not regulated, overseen and inter-operable in a consistent and appropriate manner across jurisdictions.” Fabio Panetta, a member…

What can you expect with no more CAKE to bake
With claims of having the most users than any decentralized platform with over $4.3 billion in funds, Pancake Swap, on 12 May, published a new governance proposal. It put forth the idea to cap the supply of its native token, CAKE, at 750 million. Although opposed by over 100 participants, the major essence of the…

Why UST’s crash has experts talking and taking different sides
LUNA and UST both are showing signs of recovery after recent collapses, with the same sending shockwaves across the industry. Several experts believe that Terra founder Do Kwon is responsible for the latest crash that wiped out more than $1 trillion from the market. However, it is important to recognize the macro headwinds that are…

Someone Just Sold a Bored Ape NFT for 200 USDC
When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from the owner of Ape #6462, who sold the NFT for $200 USDC. BAYC Holder Sells Ape #6462 for $200 On Sunday, Boredapebot,…