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EXPLAINED: 61 | Vintage Vibes

Morning Brief: Top Financial Stories Dominating on Friday, May 13

CNBC

Benzinga

Nubank Taps Paxos To Cater To Latin America's Growing Thirst For Crypto Trading

In partnership with regulated blockchain infrastructure provider Paxos, Nu Holdings’ (NYSE: NU) Nubank announced its entry into crypto trading with a simple and safe

Benzinga

Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’

The FTX founder on hype, the problem with bitcoin and how crypto can build a fairer financial system

Financial Times

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TerraUSD ‘stablecoin’ delisted from crypto exchanges

‘Algorithmic stablecoin’, whose collapse triggered multibillion-dollar selloff, turns off blockchain

The Guardian - UK

Square Enix recommit to NFTs and the Blockchain in year-end report

A summary of the previous year would be ‘pretty good, especially MMOs’ but the most interesting bits are the forward-looking statements. There, Square Enix explained their Web 3.0/NFT/Blockchain strategy and said it’s “considering multiple potential global investments” on top of what it has already done.

USA Today Sports Media Group

Terra 'Officially' Halts Blockchain As LUNA Hits Zero

Terra (CRYPTO: LUNA) has officially stopped block production as the blockchain’s native token hit a low of $0.000033 on Thursday.

Benzinga

Metaverse partnership to create tradable land NFTs

The virtual world platform Metaverse Thailand has joined forces with Bitkub Blockchain Technology to create a metaverse on Bitkub Chain, with land non-fungible token (NFT) sales to be available from May 30.

Bangkok Post

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Terra briefly halts blockchain amid stablecoin uproar

investors are challenging the presumed 1-to-1 pegs that underpin stablecoins.

Axios

Tether Untethers From Dollar: Are The Fears Justified?

Leading stablecoin Tether (CRYPTO: USDT) saw its value fall as low as 95 cents — possibly a price not seen since 2017 — after Wednesday's collapse of&

Benzinga

This Bored Ape NFT Just Sold For $217,050 in ETH

The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence.

Benzinga

This Bored Ape NFT Just Sold For $253,132 in ETH

Benzinga

12 Information Technology Stocks Moving In Thursday's Intraday Session

Benzinga

Hut 8 Mining Registers 67% Revenue Growth In Q1

Hut 8 Mining Corp (NASDAQ:HUT) (TSX:HUT) reported first-quarter FY22 revenue growth of 67% year-on-year to C$53.3 million. EPS was C$0.31. Hut 8 currently has an installed hash rate of 2.54 EH/s, up 27% from December 31. As of March 31, Hut 8 had a total Bitcoin balance of 6,460 with a market…

Benzinga

NFT scams, toxic ‘mines’ and lost life savings: the cryptocurrency dream is fading fast

It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks

The Guardian - UK

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Benzinga

Bored Ape Yacht Club NFT Sold For 117 ETH

Benzinga

Bored Ape #2021 Just Sold For $303,627 In ETH

Benzinga

This Bored Ape NFT Just Sold For $317,137 in ETH

Benzinga

Stocks That Hit 52-Week Lows On Wednesday

On Wednesday, 807 companies reached new 52-week lows.

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Birmingham Post

Eight companies complete FinTech Wales Foundry's second business accelerator programme

Four out of the eight businesses which were non-Welsh start ups have now registered a presence in Wales with plans to create jobs in the country

Benzinga

Terra (LUNA) Crashes 45% As UST Stablecoin Massively Loses Peg Again

The native token of the Terra (CRYPTO: LUNA) blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD (CRYPTO: UST), lost its peg for the second time in 48 hours.

Benzinga

This Bored Ape NFT Just Sold For $406,119 in ETH

Benzinga

Bored Ape Yacht Club NFT Sold For 169 ETH

Axios

How do you tax NFTs? States are in a quandary.

Washington is the first state to give guidance on NFTs and sales tax.

Benzinga

Why Is A Blockchain Bull Shorting Bitcoin?

Bitcoin (CRYPTO: BTC) has fallen more than 30% since the start of the year, but one bear is anticipating even further downside.

Benzinga

On Board With Ethereum 2.0: Deposit Contract Exceeds $30 Billion

Ethereum's (CRYPTO: ETH) next proof-of-stake-based (PoS) blockchain known as ETH 2.0 has its fair share of believers, with the deposit contract allowing access to the new ecosystem having an astonishing capital inflow.

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