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The Latest Breaking News from Crypto

Stablecoins 101: What Are They, How Do They Work, How Many Are There?

Stablecoins are cryptocurrencies that have their values tethered to assets such as the U.S. dollar, precious metals such as gold, real estate and even other cryptocurrencies in order to maintain value.

Benzinga

Cryptocurrency exchange opens headquarters in Fulton Market

FTX US also is working with Equity and Transformation, a Chicago group that helps people who have been incarcerated, to launch a one-year pilot program that will give $500 a month to 100 city residents.

Chicago Sun-Times

The rise (and fall?) of video game NFTs

There's been a lot of chatter about NFTs coming to your favorite games, but is there something to it?

Input

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Crypto Whale Just Moved $24M Worth Of Ethereum (ETH) Off Bitfinex

What happened: An Ethereum (CRYPTO: ETH) whale sent $24,134,942 worth of Ethereum off Bitfinex. The ETH address associated with this transaction has been identified as: 0x84b38bc60f3bd82640ecefa320dab2be62e2da15

Benzinga

Ethereum Whale Moves 35,000 ETH Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $80,495,888 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x530e0a6993ea99ffc96615af43f327225a5fe536

Benzinga

Someone Just Sent 3,006 Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $99,647,905 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: bc1q6y9d3wdc7na5p5tjqdzex8h7y9qqpmgh0gxzx2

Benzinga

Anonymous Bitcoin Whale Just Moved $147M Worth Of BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $147,666,408 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 1P3AfqQ9cdrr7TKUexuWQoyvhYZu8wFeTh.

Benzinga

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Anonymous Crypto Wallet Moves $220M Worth Of Ethereum

What happened: $220,314,020 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's Ethereum wallet address has been identified as: 0x1b3cb81e51011b549d78bf720b0d924ac763a7c2

Benzinga

Anonymous Crypto Wallet Moves $384M Worth Of Bitcoin

What happened: $384,431,740 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: bc1qwuwyt0q83gr4cvawgdwdqeum0y2mfkx44hlzd7ke2syg3vddql8scn63rm

Benzinga

Is The Azuki NFT Collection Dead? Why Twitter Is Asserting It's A Rugpull As Price Crashes

The cryptocurrency community on Twitter Inc.'s (NYSE: TWTR) social media platform declared the Azuko non-fungible token (NFT) collection "dead" after a massive price drop.

Benzinga

Tuesday's Morning Update On Crypto Gainers and Losers

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication:

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, May 10

Reuters US Trucking Downturn Threatens Autonomous Operators like Uber Freight

Benzinga

Crypto industry wants govt to lower TDS on transactions

NEW DELHI: The crypto industry has urged the government to reduce the TDS on payments towards gains arising from trading in cryptocurrencies to 0.01 or 0.05 per cent, from the proposed 1 per cent, saying it will hurt retail traders.

The Times of India

Dogecoin Continues To Crash: Are We Seeing End Stages Of Bear Market?

Dogecoin (CRYPTO: DOGE) traded 6.3% lower at $0.11 over 24 hours leading up to early Tuesday morning. DOGE fell in tandem with other major coins as the global cryptocurrency market cap fell 5.3% to $1.45 trillion at press time.

Benzinga

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Evening Standard

El Salvador spends $15 million on bitcoin to ‘buy the dip’

El Salvador has spent $15.4 million buying bitcoin as the price of the world’s biggest cryptocurrency drops.

Benzinga

Buying Bitcoin Dip: Tron Founder Justin Sun Follows El Salvador's Nayib Bukele To Load Up 500 BTC

El Salvador's president Nayib Bukele decided to buy the Bitcoin (CRYPTO: BTC) dip and acquire 500 BTC, setting an example that was fo

Benzinga

Mark Cuban On Crypto Lull: We Don't Need DeFi And NFTs On Every Chain

Billionaire investor Mark Cuban took to Twitter to share his thoughts on the recent drawdown in crypto prices. What Happened: “Crypto is going through the lull that the internet went through,” he said in a tweet on Monday.

Axios

Crypto prices tank, taking some companies with them

The tumble shows what a market downdraft can do to speculative investments that don’t produce cash flows

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Benzinga

AMC CEO: Over 35% Of Online Payments Are Crypto And Digital

AMC Entertainment Holdings (NYSE: AMC) CEO Adam Aron revealed that over a third of the theatre chain’s online payments are comprised of cryptocurrency and digital avenues.

Benzinga

Dogecoin Creator Says This Will Make You Lose Faith In 'Crypto Bros'

Billy Markus, co-creator of Dogecoin (CRYPTO: DOGE), believes that the latest cryptocurrency catastrophe is reason enough to lose faith in “crypto bros.”

Benzinga

What Crypto Ban? Chinese Users Are Really Curious About The Terra (LUNA) Fiasco And Bitcoin Crash

Even though the Chinese Government has put a blanket ban on cryptocurrency trading in the country, the people in the country continue to take keen interest in the ups and downs of the crypto market.

Benzinga

Lehman Brothers Of Crypto? Community Reacts To Terra (LUNA) Downfall

Some members of the cryptocurrency community have equated the chaos unfolding within Terra’s (CRYPTO: LUNA) ecosystem to the Lehman Brothers collapse.

Asharq Al-Awsat

Bitcoin Falls Below $30,000, Lowest since July 2021

Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors spooked by aggressive US monetary tightening and surging inflation. The world's largest cryptocurrency by market value fell as low as $29,764 in Tuesday trade, before recovering above $30,000, extending a…

Benzinga

Over $1B Liquidated In Crypto Markets As Bitcoin Briefly Drops Below $30,000

More than $1 billion was liquidated from crypto markets as Bitcoin (CRYPTO: BTC) lost support at $30,000.

Benzinga

Dogecoin (DOGE) Knockoffs Crash Heavily — One Down 93%

Several Dogecoin (CRYPTO: DOGE)-inspired coins were seen crashing at press time leading up to Monday evening.

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