Newsletter Jun 14, 2022
Crypto On June 14: Market Cap Trades Below $1Trillion, Bitcoin Swoops Below $22k

Meme cryptos Shiba Inu and Dogecoin too plunge.

Shiba Inu Lead Developer Drops Major Shibarium Update

The Shiba Inu community is hyped about the launch of Shibarium because of the several benefits it could bring to the table, including the possibility of delivering monster gains to investors.

The Celsius Liquidity Crisis And Its Lido Connection: What We Know

Celsius was a major client of Lido Finance, a DeFi protocol that provided Ethereum staking.

Scientists Propose Revolutionary Stablecoin Pegged To Electricity

The price of E-Stablecoin is pegged to the price of a kilowatt-hour of electricity–an impressive system that does not rely on a third party, an institution, or a payment system to function.

Lawsuit Filed Against Binance US For Promoting, Selling UST and LUNA

Last month, the UST and LUNA collapse wiped out some $40 billion in value from the cryptocurrency market. 

JPMorgan Plans To Tokenize Traditional Financial Assets

JPMorgan Chase will tokenize traditional assets to enable institutions and developers to take advantage of the potential of non-crypto assets, said Tyrone Lobban, the head of Onyx Digital Assets, at the CoinDesk Consensus 2022.

Despite Crypto Sell-Off, 90% Of Consumers Plan To Buy Crypto In 2022: Survey

The survey by Bank of America noted that 39 percent of respondents said they used cryptocurrencies as a means of payment for online purchases.

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