Olympus Plunges Nearly 30% as Fuse Pools See Liquidations
Tokens of decentralized finance (DeFi) protocol Olympus (OHM) plunged nearly 32% in the last 24 hours, according to a report by CoinDesk on Tuesday. OHM dropped from Monday’s peak of...
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Binance Chief Changpeng Zhao Tops Crypto Billionaires With $96-Billion Net Worth
Binance Chief Executive Officer Changpeng Zhao is now the world’s richest crypto billionaire as the firm cemented its spot as the biggest crypto exchange in terms of volume, Cointelegraph reported....
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Nikola Shares Price Jumps 4.1% After LOI for Saia to Buy or Lease 100 Electric Trucks
Nikola Corp’s shares up 4.1% after the EV maker stated that Saia Inc signed a letter of intent to buy or lease up to 100 electric trucks, according to a...
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Why Ray Dalio Is Bullish on Bitcoin for 2022
Hedge fund manager Ray Dalio believes the correct allocation of Bitcoin is between 1% to 2%, CoinTelegraph reported. Dalio defended his optimism on Bitcoin, saying that the network has never...
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Thailand Taxes Crypto Traders and Miners on Capital Gains, Exempt Exchanges
Thailand is taking an aggressive stance on crypto. And the latest move is imposing a capital gains tax on crypto traders, according to a report by Bangkok Post on Thursday....
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Aave Rolls Out Permissioned Institutional Product
Open-source, decentralized finance protocol Aave has rolled out a new product that will cater to financial institutions and corporations, CryptoBriefing reported. Aave Arc will allow institutional clients to borrow digital...
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Sony Gears for Entry into Electric Vehicle Market
Japanese tech giant Sony Group Corp. is looking at the electric vehicle market as its next major venture, Reuters reported. Sony is exploring the possibility of a commercial launch of...
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China Slaps Alibaba, Tencent, and Bilbili With Fines for Failure to Report Deals
Units of Chinese giants Alibaba Group Holding Ltd., Tencent Holdings Ltd., and Bilbili Inc. have been slapped with fines due to their failure to disclose business deals, Reuters reported. China’s...
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Stellantis to Transform Chrysler With Plans to Go All-Electric by 2028
Automaker Stellantis’ Chrysler brand is set to reinvent itself as an all-electric auto brand by 2028, according to a report by Reuters on Wednesday. Chrysler is set to launch the...
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Eminem Grows NFT Collection With Bored Ape Yacht Club Piece
Rap icon Eminem has added to his non-fungible token (NFT) collection with the purchase of a Bored Ape Yacht Club piece, Business Insider reported. Eminem purchased the NFT on the...
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Cardano to Tap African Market With DeFi Loan Service in 2022
Public blockchain platform Cardano plans to tap the African market through a decentralized finance loan service in 2022, ZyCrypto reported. Cardano Chief Executive Officer Charles Hoskinson said the platform plans...
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Musk Believes Bitcoin Founder Satoshi Nakamoto and Nick Szaba Could Be One
Bitcoin may have been created by secretive cryptocurrency export Nick Szabo, Elon Musk revealed in a Markets Insider report. Musk said that one could look at the ideas before the...
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