Robinhood share values have grown between 24-30 percent after FTX founder Sam Bankman-Fried purchased 7.6 percent stakes in the firm. Robinhood, that is excited about expanding its products, teams, and services called this investment “attractive”. Bankman-Fried has no plans of introducing or proposing any changes in Robinhood workings as for now.
Robinhood Stocks Rally as FTX Founder Acquires 7.6 Percent Stake in Crypto-Stock Exchange
UAE-Based Emirates Plans on Adding Bitcoin as a Payments Service: Report
One of United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “Bitcoin as a payment service.” The airline is planning to recruit personnel to create applications that monitor client needs.
Terra Blockchain Officially Frozen Over Fears of Governance Attack, Native LUNA Token Remains Down
Developers of the Terra blockchain are concerned that the network could be victim of a governance attack. The LUNA token, that fell in value by nearly 99 percent over the week, serves as the governance token of Terra. If one entity purchases over 50 percent of this LUNA token’s supply, this entity will be able to alter the protocol. To avoid this, all transactions o…
Explainer: Crypto Fear and Greed Index and How Does It Guage Market Sentiment
One of the simplest ways to gauge market sentiment within the cryptocurrency space is with the Crypto Fear and Greed Index or FGI. The FGI is a daily snapshot of the general market “emotions” within the crypto sector.
Bitcoin Leads Marketwide Surge With Double-Digit Gains for Ether and Most Altcoins
After a horrid day of trading, Bitcoin managed to mark its largest one-day percentage gain since the end of February to mark a market-wide recovery which sees Ether and most altcoins post gains in double digits.
The Chainsmokers Are Turning One Percent Royalties of New Album as NFTs, Fans May Bag Giveaways
The Chainsmokers has launched their new album, “So Far So Good”. The duo is promoting this new album by gearing up for an NFT giveaway, that starts May 17. The NFTs will be re-sellable and their holders will get access to some exclusive content from The Chainsmokers, as well as other benefits.
Global Crypto Regulation Body Said to Form Next Year to Make Better Rules
Global market regulators to launch a joint body within the next year to better co-ordinate cryptocurrency rules, according to a senior watchdog official. The boom in digital currencies such as bitcoin was one of the three main areas authorities were now focused on, alongside COVID and climate change.
OneCoin Ponzi Scheme Mastermind Ruja Ignatova Now in Europol’s Most Wanted Criminal List
Ruja Ignatova, the founder of Ponzi scheme OneCoin, has been added to Europe’s list of most wanted fugitives as of Wednesday. Ignatova is known for being the founding head of OneCoin, one of the biggest scams in the history of crypto, and the basis of the BBC podcast series, titled The Missing Cryptoqueen.
Crypto Trading Reaches Brazil’s Nubank Digital Bank, 1 Percent of Bank’s Cash Holdings Allocated to BTC
Brazil’s Nubank has officially begun offering crypto trading services on its platform. BTC and ETH are the first two cryptocurrencies that have been listed to be bought or sold.
El Salvador President Nayib Bukele Reveals Images of ‘Bitcoin City’ Scale Model on Twitter
President of El Salvador Nayib Bukele released a model of Bitcoin City after announcing the bitcoin nation-state had bought the dip. The first pictures released showcase a city with a Bitcoin centerpiece and a caption from Bukele stating that work on the ‘Bitcoin City’ is coming along beautifully.