Blockchain - Crypto News And Market Updates

Cardano DeFi TVL Reaches All-Time High of 417 Million ADA

May 20, 2023 Gonzalo

Cardano’s DeFi TVL reached 417 million ADA, led by Minswap and Indigo, while smart contract growth and user activity hit record highs.

BlackRock-themed Bitcoin illustration with gold and market elements, representing institutional views on Bitcoin’s long-term value.

Bitcoin Ordinals Minting Fees Surge 700% in One Month, Totaling $38.2 Million

May 20, 2023 Gonzalo

Bitcoin Ordinals minting fees hit $38.2 million, rising 700% in one month as text-based inscriptions dominate and BRC-20 tokens expand.

Illustration representing Fidelity’s crypto strategy in Europe, combining Bitcoin symbolism with regulatory and institutional finance elements.

Fidelity’s European Chief: “We’ll Stay in Crypto, But Won’t Tell Everyone to Buy Bitcoin”

May 20, 2023 Gonzalo

Fidelity will remain in crypto but avoid promoting Bitcoin due to volatility and regulation concerns, says Managing Director Christian Staub.

Illustration showing Amundi tokenizing a €5 billion fund on Ethereum, highlighting institutional blockchain adoption.

Sotheby’s Sells First Batch of 3AC NFTs for $2.48 Million in New York

May 20, 2023 Gonzalo

Sotheby’s sold NFTs from Three Arrows Capital’s collection for $2.48 million, including works from Fidenza, Ringers, and Cryptopunks.

Visual illustrating an FTX-related acquisition lawsuit, highlighting legal action, clawback claims, and corporate dispute themes.

FTX Seeks to Recover $240 Million from Insiders Over “Wildly Inflated” Embed Acquisition

May 20, 2023 Gonzalo

FTX is suing former executives and Embed insiders to recover $240M, alleging its overpriced acquisition was rushed and lacked proper due diligence.

Illustration depicting Strike’s expansion from El Salvador to global markets, highlighting Bitcoin payments and international reach.

Strike Relocates Headquarters to El Salvador and Expands to 65 Global Markets

May 20, 2023 Gonzalo

Strike moves its headquarters to El Salvador and expands to 65 markets, using the Bitcoin Lightning Network to reach over 3 billion potential users.

Aave V2 Bug on Polygon Locks $110 Million in User Assets

May 20, 2023 Gonzalo

Aave V2 users on Polygon can’t access $110 million in assets due to a contract bug. Developers say funds are safe and a governance fix is underway.

Michael Saylor: Bitcoin Is Ready for a Bull Run as Crypto Market Shifts

May 20, 2023 Gonzalo

Michael Saylor says Bitcoin has found its bottom and predicts a rally, citing its safety, regulatory clarity, and the rise of the Lightning Network.

Illustration representing a courtroom scene linked to a Bitcoin-related kidnapping case, emphasizing justice and legal consequences.

Vietnam Court Sentences Two Men to Life for $1.5 Million Bitcoin Kidnapping

May 20, 2023 Gonzalo

Vietnam court sentences two men to life in prison and 14 others to up to 19 years for kidnapping and stealing $1.5 million worth of Bitcoin.

Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Robert F. Kennedy Jr. Vows to Protect Bitcoin and Financial Freedom in U.S. Presidential Campaign

May 20, 2023 Gonzalo

Robert F. Kennedy Jr. pledges to defend Bitcoin, oppose CBDCs, and promote crypto-friendly policies to protect financial freedom and innovation in the U.S.