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Anchor token plunges 70% amid worsening UST and Luna crisis

Anchor token plunges 70% amid worsening UST and Luna crisis

Anchor Protocol’s token called Anchor (ANC) has lost more than 70% in the last day due to UST and Luna’s struggles.

The post Anchor token plunges 70% amid worsening UST and Luna crisis appeared first on The Block.

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May Analyst Call | Full Video

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Chainalysis doubles valuation to $8.6 billion in latest fundraising round: The Information

The New York-based crypto data firm has raised $170 million in a Series F round, according to The Information.

The post Chainalysis doubles valuation to $8.6 billion in latest fundraising round: The Information appeared first on The Block.

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Luna price falls below $1 as UST de-peg continues

Luna, which has been in freefall along with its related stablecoin TerraUSD (UST), fell below $1 on Wednesday. 

The post Luna price falls below $1 as UST de-peg continues appeared first on The Block.

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Web3 development platform Moralis reels in $40 million in Series A

The raise follows a $13.4 million seed round in 2021, which was also backed by EQT. 

The post Web3 development platform Moralis reels in $40 million in Series A appeared first on The Block.

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Lighthouse Labs raises $7 million in seed round to build metaverse search engine

Lighthouse Labs raises $7 million in seed round to build metaverse search engine

The post Lighthouse Labs raises $7 million in seed round to build metaverse search engine appeared first on The Block.

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‘Unlike Republicans, we recognize that there is real risk’ to stablecoins and crypto, says Senate Banking Committee chairman

The Democrats of the Senate Banking Committee fear that their Republican colleagues are not taking the risks associated with cryptocurrency seriously. 

The post ‘Unlike Republicans, we recognize that there is real risk’ to stablecoins and crypto, says Senate Banking Committee chairman appeared first on The Block.

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As Luna holders watch the token slide, many won’t be able to cash out for weeks

Investors who have staked their Luna tokens won’t be able to sell for 21 days.

The post As Luna holders watch the token slide, many won’t be able to cash out for weeks appeared first on The Block.

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Ruja Ignatova added to Europe’s most wanted list as search for missing ‘Cryptoqueen’ widens

The woman behind crypto scam OneCoin is now on Europe’s most wanted list.

The post Ruja Ignatova added to Europe’s most wanted list as search for missing ‘Cryptoqueen’ widens appeared first on The Block.

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Korean crypto exchanges issue warnings about trading Luna

South Korea’s major exchanges have issued warnings about trading of Luna following the crypto’s current price downturn.

The post Korean crypto exchanges issue warnings about trading Luna appeared first on The Block.

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