Terra Classic’s native token LUNC has seen a huge bullish rally in the past two weeks. Its price has risen by more than 425% in the past 14 days. Since the fateful downfall of the original Terra LUNA due to the TerraUSD (UST) stablecoin crash and the resulting...
XBO.com, a digital asset exchange dedicated to making crypto accessible to investors of all experience levels, announced a partnership with Chainalysis to support anti-fraud measures, power its compliance program, and monitor risk.  The collaboration will ensure that top-grade compliance technology is integrated into the solution right from the...
Video game retailer GameStop has announced a partnership with the US subsidiary of FTX, one of the most popular cryptocurrency exchanges around the world. The move comes right on the heels of GameStop launching an NFT marketplace and a crypto wallet in collaboration with Immutable X. GameStop’s partnership...
Avalanche-based lending protocol Nereus Finance was hacked and $371K in USD Coin (USDC) was stolen. The hacker deployed a custom smart contract taking advantage of a $51 million flash loan from Aave. CertiK, a blockchain cybersecurity firm, was among the first to detect the hack on September 6....
Institutional DeFi is growing at a rapid pace and some research firms say this niche sector will attract over $1 trillion in investment capital over the next five years; bitcoin rises above $19K. Team Valhalla
Craig Erlam, senior market analyst for Oanda, was wary of predicting a continued price increase. “The question now is whether we could see another spiral, as we so often have in the past, in the event that bitcoin breaks the summer lows around $17,500 to trade at late...
“We have seen that the crypto financial system has all the same risks that we’re very familiar with from traditional finance,” she said in a speech at the Clearing House and Bank Policy Institute 2022 annual conference on Wednesday. But given the unique characteristics of crypto, there's a...
Brevan Howard, which had $25 billion in total assets under management as of July, submitted a filing for the Digital Asset Multi-Strategy Fund Ltd hedge fund, which has raised $184.15 million since sales opened on April 1. The capital came from four investors, and there’s a $10 million...
While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Team Valhalla
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