NorthlandCrypto (2024)

16/05/2022

Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts, multiple stablecoins lost their peg and the demise of one of the top decentralized finance (DeFi) platforms sparked an event that resulted in $900 billion vanishing from the total crypto market capitalization. In the midst of the widespread fallout, MakerDAO (
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Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts, multiple stablecoins l

16/05/2022

On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of significant market volatility and inherent protocol design flaws wiped out a vast majority of the blockchain's market cap. As told by Kwon, Terraform Labs will put forth a new governance proposal on May 18 to fork the Terra Luna blockchain called Terra (
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On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of significant marke

16/05/2022

In brief
From Sunday, May 8, to Saturday, May 14, Bitcoin derivatives traders lost over $1.2 billion in liquidations.
Long positions took the brunt at the beginning, while short positions got burnt later in the week.
Think you had a bad week? Try being a crypto day trader.
From Sunday, May 8—when the TerraUSD stablecoin began losing its peg to the U.S.
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In brief From Sunday, May 8, to Saturday, May 14, Bitcoin derivatives traders lost over $1.2 billion in liquidations. Long positions took the brunt at the begin

16/05/2022

After touching its lowest price in 2022, Solana (SOL) has rallied over the last few hours. The coin had struggled to cross above $50 after two consecutive days of severe losses. But it seems there is some bullish momentum right now that could push it further. Here are the details:

SOL has reclaimed the $50 price after surging nearly 20% over the last 24 hours.
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After touching its lowest price in 2022, Solana (SOL) has rallied over the last few hours. The coin had struggled to cross above $50 after two consecutive days

16/05/2022

Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities.
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Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies i

16/05/2022

Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today Monday to discuss the Bitcoin rollout among other things.
According to the Twitter thread that followed the tweet about the meeting to “discuss financial inclusion, digital economy, banking the unbanked, the
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Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today Monday to discuss the Bitc

16/05/2022

Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.”
Nubank
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Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the

16/05/2022

Back in April, a Colorado-based bitcoin mining company announced they would be expanding its operations to Corsicana, Texas, in efforts to use enough power that could light up to 200,000 homes.
As one of the country’s largest bitcoin (BTC) miners, Riot Blockchain (RIOT)
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Back in April, a Colorado-based bitcoin mining company announced they would be expanding its operations to Corsicana, Texas, in efforts to use enough power that

16/05/2022

Confidence in crypto is alive despite the collapse of Terra, as two major Wall Street players invest in Elwood Technologies, a crypto trading software provider.
Barclays and Goldman Sachs have invested in Elwood Technologies, formerly known as Elwood Asset Management, hoping that the $500 million company will be able to attract institutional investment.
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Confidence in crypto is alive despite the collapse of Terra, as two major Wall Street players invest in Elwood Technologies, a crypto trading software provider.

16/05/2022

The Avalanche price continues to move in a sideways direction as the cryptocurrencies industry remains on edge. AVAX is trading at $33.40, which is sharply above last week’s low of $22.38. The coin has crashed by more than 77% from its all-time high, bringing its total market cap to about $8.8 billion.
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The Avalanche price continues to move in a sideways direction as the cryptocurrencies industry remains on edge. AVAX is trading at $33.40, which is sharply abov

16/05/2022

A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protected by Chinese law.
The Court also deemed Bitcoin to have economic value.
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A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protect

16/05/2022

Check this video on YouTube
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Check this video on YouTube

16/05/2022

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022.Square Enix (SE) is a Japanese game developer with $3 billion in assets under management according to its latest earnings report.
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Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term

16/05/2022

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of the Tangle, a permissionless, multi-dimensional distributed ledger designed as a foundation of a global
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their to

16/05/2022

Check this video on YouTube
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Check this video on YouTube

16/05/2022

Key Takeaways

Dapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has launched a $725 million fund to support its ecosystem.
It's the largest stimulus fund used for supporting the growth of a blockchain ecosystem.
Flow hosts NBA Top Shot and a variety of other NFT and gaming projects.
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Key Takeaways Dapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has launched a $725 million fund to support its ecosystem. It's the

16/05/2022

Ripple (XRP) appears to have stopped the bleeding after two days of steep decline. The coin has in fact found some bullish uptrend in what looks like a trend reversal. But can it actually bounce back right away after crashing at the start of the week? Details are below but first, key points.

XRP tried to test $0.5
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Ripple (XRP) appears to have stopped the bleeding after two days of steep decline. The coin has in fact found some bullish uptrend in what looks like a trend re

16/05/2022

Check this video on YouTube
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Check this video on YouTube

16/05/2022

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15/05/2022

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Check this video on YouTube

15/05/2022

Ethereum (ETH) has been recovering over the last few days after tanking to its lowest level in months. The coin is however poised for a bigger bounce based on momentum indicators. But it still faces major upward resistance and downside risk.
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Ethereum (ETH) has been recovering over the last few days after tanking to its lowest level in months. The coin is however poised for a bigger bounce based on m

15/05/2022

Advantages The Metaverse has many advantages for kids, especially from an education perspective. With the help of such technology, learners can grasp abstract concepts easily in a more engaging way. The Metaverse also offers almost actual, hands-on experience that can be very beneficial for children and help them to better understand the world around them and how things work.
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Advantages The Metaverse has many advantages for kids, especially from an education perspective. With the help of such technology, learners can grasp abstract c

15/05/2022

On the bright side, somehow bitcoin didn’t completely collapse. Over 80,000 BTC from that almost $4 billion treasury was potentially sold (we can’t yet confirm if the bitcoin was actually sold, but it was sent to exchanges) during the mad dash to get UST back to $1.
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On the bright side, somehow bitcoin didn’t completely collapse. Over 80,000 BTC from that almost $4 billion treasury was potentially sold (we can’t yet conf

15/05/2022

Decentraland (MANA) has reported some of the most breathtaking gains in crypto over the last day. The coin is now consolidating, and there is a chance it could see more upward movements in the coming week. Here is what you need to know:

MANA has rallied by nearly 60% after crashing at the start of the week

The coin has now surged past the crucial $1 mark

Bulls will aim to test $1.5
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Decentraland (MANA) has reported some of the most breathtaking gains in crypto over the last day. The coin is now consolidating, and there is a chance it could

15/05/2022

Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities of processing power toward the second-largest crypto network in terms of market capitalization.
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Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hash

15/05/2022

The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets.
Initial Assessment Filing
The Nigerian Securities and Exchange Commission (SEC) has announced new rules that govern the issuing of digital assets as securities.
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The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for pl

15/05/2022

A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said.
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A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel

15/05/2022

Following the leak of a U.S. Supreme Court draft opinion that would overturn the 1973 landmark Roe v. Wade decision, activists and entrepreneurs are looking for alternatives to help fund an “abortion-focused” DAO.
Ultimately, they see this as a way to provide money to women in more than two dozen states where abortion services may be significantly restricted or banned.
However,
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Following the leak of a U.S. Supreme Court draft opinion that would overturn the 1973 landmark Roe v. Wade decision, activists and entrepreneurs are looking for

15/05/2022

FTX CEO Sam Bankman-Fried testified before the House Agricultural Committee on Friday following a proposal to regulate futures markets with automated tools.
Amidst skepticism, FTX CEO Sam Bankman-Fried made his case for using computers to perform margin calls on leveraged positions at a hearing on Friday in Washington, D.C.
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FTX CEO Sam Bankman-Fried testified before the House Agricultural Committee on Friday following a proposal to regulate futures markets with automated tools. Ami

15/05/2022

TRON founder Justin Sun touts an algorithmic stablecoin reserve strategy to prevent TRON’s new stablecoin USSD from crashing like LUNA.
Tron founder Justin Sun, famous for canceling a breakfast with Warren Buffet, talked up his new stablecoin, USDD, as Terra (UST) capitulated this week.
“I still believe in algorithmic stablecoins,” he said in a Zoom interview.
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TRON founder Justin Sun touts an algorithmic stablecoin reserve strategy to prevent TRON’s new stablecoin USSD from crashing like LUNA. Tron founder Justin Su

15/05/2022

Check this video on YouTube
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Check this video on YouTube

15/05/2022

Accessibility is a pain point for cryptocurrency adoption that has been discussed for years, yet still, it is pertinent as ever. This issue was most recently recognized by the United States government as we’ve seen Treasury Secretary Janet Yellen discuss during her remarks on digital assets policy and regulation.
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Accessibility is a pain point for cryptocurrency adoption that has been discussed for years, yet still, it is pertinent as ever. This issue was most recently re

15/05/2022

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption an

14/05/2022

Purpose of Ethereum 2.0 The primary goal of the Ethereum 2.0 update is to improve scalability so that the network can handle more transactions without delays or high fees. While the full effects of the update will not be felt until it is fully rolled out, some of the possible use cases for Ethereum 2.0
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Purpose of Ethereum 2.0 The primary goal of the Ethereum 2.0 update is to improve scalability so that the network can handle more transactions without delays or

14/05/2022

The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control.According to the latest statistics, approximately $1.6 billion in cryptocurrencies was stolen from DeFi platforms in the first quarter of 2022. Furthermore, over 90% of all pilfered crypto is from hacked DeFi protocols.These
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The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out o

14/05/2022

This week in coins. Illustration by Mitchell Preffer for Decrypt
A cursory glance at the Decrypt home page this week would have been enough to see that the global crypto industry is a hive of panic.
Crypto’s craziest week saw some $200 billion of total market capitalization evaporate between Wednesday and Thursday, while industry leaders Bitcoin and Ethereum crashed to lows not seen since 2020,
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This week in coins. Illustration by Mitchell Preffer for Decrypt A cursory glance at the Decrypt home page this week would have been enough to see that the glob

14/05/2022

If there is one thing that we can agree on about the crypto market right now is that volatility is here to stay. Yes, crypto has traditionally been known as a highly volatile market. But in 2022, things have been quite unpredictable, to say the least. Here are some of the factors pushing this volatility:

There are unprecedented economic and political risks in the world.
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If there is one thing that we can agree on about the crypto market right now is that volatility is here to stay. Yes, crypto has traditionally been known as a h

14/05/2022

Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577.
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Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s h

14/05/2022

Innovations in the crypto space appear daily. Whether through decentralized applications or new ways to implement and use nonfungible tokens (NFTs) within decentralized finance, blockchain technology is innovating at the speed of light. The only thing missing? Widespread adoption. One thing holding this back is the very public nature of the blockchain.
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Innovations in the crypto space appear daily. Whether through decentralized applications or new ways to implement and use nonfungible tokens (NFTs) within decen

14/05/2022

A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a cryptocurrency purchase from their partner. The crypto-cheating partners believe disclosing the purchase would damage their relationship.
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A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a cryptocurrency purchase from their partner.

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