Newsletter Jun 13, 2022
Cryptocurrency Market Value Slumps Under $1 Trillion

The value of the cryptocurrency market on Monday fell below $1 trillion for the first time since January 2021, according to data site CoinMarketCap, reaching as low as $926 billion.

JeromeASF Joins gDEX Metaverse, Says The Platform Will 'Drive Us Into Future Of Web3'

With metaverse no longer just a buzzword, more companies are jumping on the bandwagon, offering unique features to attract investors.

FatMan Token Spreads Online Following Terra's Collapse; Crypto Investors Told To Exercise Caution

FatManTerra's popularity on Twitter may have attracted the interest of scammers.

Tron's USDD Collateral Ratio Could Be Hiding Another Stablecoin Collapse

Tron announced the USDD coin in late April, and as per calculations, it seems that the advertised collateralization of around 188% is technically not correct.

Top Tokens Trade Lower, Bitcoin Dips To Lowest In Five Months Amid Rising Inflation

Meme cryptos Shiba Inu and Dogecoin plunge too.

Celsius Pauses Withdrawals As CEL Token Drops Nearly 40%

Celsius has ceased withdrawals initiating a large-scale sell-off for the CEL token. Crypto Twitter believes that the CEO of the firm, Alex Mashinsky, has cashed out.

Do Kwon Slams Allegations He Cashed Out Billions Draining Terra's LUNA, UST Liquidity

The Terra saga continues with more allegations thrown against Terraform Labs founder and CEO Do Kwon, which paints the picture that he was responsible for Terra's collapse.

Yuga Labs Says 'No Surprise Mints' After Warning Of Attacks On Projects

"We’ve received credible information that there may soon be an attack on our social media accounts," Yuga Labs said.

Luxury E-Tailer Farfetch To Start Accepting Cryptocurrencies

Luxury brands are increasingly embracing Bitcoin and other forms of digital money

Meta Launches 'Metaverse Academy' In France With An Aim To Increase Employment In Europe

The lessons will take place in person and revolve around projects with a focus on the 3D world and interactions in the virtual universes

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