Articles by Ambar Warrick
BTC could be facing another COVID-like crash
Bitcoin News
BTC could be facing another COVID-like crash
Bitcoin News

Bitcoin (BTC) Faces A Crash To 2020 Lows, Here’s Why

Sentiment towards Bitcoin (BTC) and the broader crypto market is at its lowest level since the COVID-19 crash of 2020, recent data shows. BTC has slumped nearly 60% from a record high hit in November, and is currently struggling to stay above $30,000. Total crypto market capitalization is also down by over $500 billion this

Sentiment towards Bitcoin (BTC) and the broader crypto market is at its lowest level since the COVID-19 crash of 2020, recent data shows. BTC has slumped nearly 60% from a record high hit in November, and is currently struggling to stay above $30,000. Total crypto market capitalization is also down by over $500 billion this

Terra crash attracts government scrutiny in S.Korea
Altcoin News
Terra crash attracts government scrutiny in S.Korea
Altcoin News

Is Terra’s Singapore Office A “Paper Company?”

Terra’s main office in Singapore may be just a paper firm, according to reports from a South Korean media outlet. The report contradicts statements from Terra founder Do Kwon that Terraform Labs (TFL), the lead developer of Terra, has a sizeable presence in Singapore. While the company is incorporated in Singapore, a bulk of its

Terra’s main office in Singapore may be just a paper firm, according to reports from a South Korean media outlet. The report contradicts statements from Terra founder Do Kwon that Terraform Labs (TFL), the lead developer of Terra, has a sizeable presence in Singapore. While the company is incorporated in Singapore, a bulk of its

GameStop NFT platform coming soon
News
GameStop NFT platform coming soon
News

Just-In: GameStop’s Crypto, NFT Wallet Goes Live; Shares Rise

Videogame retailer GameStop said on Monday its new crypto and NFT wallet service is now live. The retailer said its wallet is available for use as a Google Chrome extension, and will also allow transactions on its upcoming NFT marketplace. The wallet is self-custodial, and is based on Ethereum. GameStop’s shares rose over 3% in

Videogame retailer GameStop said on Monday its new crypto and NFT wallet service is now live. The retailer said its wallet is available for use as a Google Chrome extension, and will also allow transactions on its upcoming NFT marketplace. The wallet is self-custodial, and is based on Ethereum. GameStop’s shares rose over 3% in

Terra community supports LUNA burning
Altcoin News
Terra community supports LUNA burning
Altcoin News

This Top Crypto Exchange Offers To Support Burning Terra (LUNA)

Crypto exchange MEXC has asked its users to vote on whether the exchange should support recent plans to burn Terra (LUNA) tokens. The exchange announced the move late-Sunday, stating that all of its users could participate in the poll. MEXC said if at least 50% of its users approved the proposal, it will use the

Crypto exchange MEXC has asked its users to vote on whether the exchange should support recent plans to burn Terra (LUNA) tokens. The exchange announced the move late-Sunday, stating that all of its users could participate in the poll. MEXC said if at least 50% of its users approved the proposal, it will use the

Two Terra proposals fail to execute
Altcoin News
Two Terra proposals fail to execute
Altcoin News

Terra Recovery Plan Mired With Technical Issues, Here’s Why

Terra’s recovery plan to stabilize the blockchain and recover some value appears to be mired with technical hiccups. Roughly two proposals associated with the recovery plan have failed to execute since last week, due to issues with the smart contracts behind them. The proposals sought to burn excess UST, and also restore inter-blockchain communication between

Terra’s recovery plan to stabilize the blockchain and recover some value appears to be mired with technical hiccups. Roughly two proposals associated with the recovery plan have failed to execute since last week, due to issues with the smart contracts behind them. The proposals sought to burn excess UST, and also restore inter-blockchain communication between

Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
Altcoin News
Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
Altcoin News

Do Kwon Says Terra Collecting Snapshot Data For LUNA Airdrop

Terra founder Do Kwon said the blockchain is in the process of collecting data from major exchanges for the upcoming LUNA airdrop. Kwon said that because of the large amount of data to be collected, the process is taking “some time.” The move comes as voting shows that a majority of LUNA holders are in

Terra founder Do Kwon said the blockchain is in the process of collecting data from major exchanges for the upcoming LUNA airdrop. Kwon said that because of the large amount of data to be collected, the process is taking “some time.” The move comes as voting shows that a majority of LUNA holders are in

Buterin was once the youngest crypto billionaire
Altcoin News
Buterin was once the youngest crypto billionaire
Altcoin News

Just-In: Vitalik Buterin No Longer A Billionaire As Ethereum Crashes

Ethereum co-founder Vitalik Buterin said on Friday that he is no longer a billionaire, following a severe drop in Ethereum (ETH) prices this year. Buterin, who had co-created Ethereum in 2014, reportedly owns a wallet with about 290,000 ETH tokens ($574.1 million). At one point, the wallet would have been worth more than $1.5 billion,

Ethereum co-founder Vitalik Buterin said on Friday that he is no longer a billionaire, following a severe drop in Ethereum (ETH) prices this year. Buterin, who had co-created Ethereum in 2014, reportedly owns a wallet with about 290,000 ETH tokens ($574.1 million). At one point, the wallet would have been worth more than $1.5 billion,

Mike Novogratz
Altcoin News
Mike Novogratz
Altcoin News

After Terra Crash, Galaxy Digital CEO Warns Against Bottom Buying

Mike Novogratz, CEO of digital asset manager Galaxy Digital, warned against trying to predict a bottom to the recent crypto crash. Novogratz’s comments come in the wake of one of the worst downturns seen by the crypto market in recent times. Majors such as Bitcoin and Etherum are trading nearly 60% below their record highs,

Mike Novogratz, CEO of digital asset manager Galaxy Digital, warned against trying to predict a bottom to the recent crypto crash. Novogratz’s comments come in the wake of one of the worst downturns seen by the crypto market in recent times. Majors such as Bitcoin and Etherum are trading nearly 60% below their record highs,

Cronje had denounced crypto in April
Altcoin News
Cronje had denounced crypto in April
Altcoin News

Is Andre Cronje Back On Fantom? FTM Jumps 13%

FTM, the native token for the Fantom blockchain rallied on Saturday after DeFi developer Andre Cronje was spotted writing code on the chain. FTM jumped 13% from intraday lows to $0.3746, outpacing all of the top-100 cryptocurrencies in the past 24 hours. The token’s rally was sparked by Github data showing Cronje is writing code

FTM, the native token for the Fantom blockchain rallied on Saturday after DeFi developer Andre Cronje was spotted writing code on the chain. FTM jumped 13% from intraday lows to $0.3746, outpacing all of the top-100 cryptocurrencies in the past 24 hours. The token’s rally was sparked by Github data showing Cronje is writing code

Lido users mixed over supporting Terra reboot
DeFi News
Lido users mixed over supporting Terra reboot
DeFi News

Will DeFi Giant Lido Support The Terra Reboot?

Lido, one of the largest Ethereum-based DeFi protocols, opened a community debate on whether to support Terra after its hard fork. A community proposal endorsed by the main Lido team presents four scenarios for users with regards to supporting Terra, and intends to eventually open community voting on the matter. The move comes amid growing

Lido, one of the largest Ethereum-based DeFi protocols, opened a community debate on whether to support Terra after its hard fork. A community proposal endorsed by the main Lido team presents four scenarios for users with regards to supporting Terra, and intends to eventually open community voting on the matter. The move comes amid growing

Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
Altcoin News
Terra (LUNA) Price Soars 40%, Do Kwon Has This To Say
Altcoin News

Is Do Kwon’s Terra Recovery Plan Part Of A “Kill Switch” Protocol?

A key part of Terra’s recovery plan is the removal of Do Kwon’s Terraform Labs and making the blockchain completely community-owned. But this aspect of the plan may have been premediated. An old interview of Kwon, which resurfaced recently, shows the Terra founder talking about a “kill switch” for Terraform Labs (TFL). The Terra recovery

A key part of Terra’s recovery plan is the removal of Do Kwon’s Terraform Labs and making the blockchain completely community-owned. But this aspect of the plan may have been premediated. An old interview of Kwon, which resurfaced recently, shows the Terra founder talking about a “kill switch” for Terraform Labs (TFL). The Terra recovery

KuCoin valued at $10 bln
Altcoin News
KuCoin valued at $10 bln
Altcoin News

This Top-50 Crypto Jumped 28% This Week Despite A Market Crash

KuCoin Token (KCS), the native token to the fifth-largest crypto exchange, blazed past the 50 biggest cryptos this week. KCS is up 28% in the past seven days at $15.64. It has also jumped over 8% in the past 24 hours. The token began its rally just after KuCoin revealed a stellar first-quarter report earlier

KuCoin Token (KCS), the native token to the fifth-largest crypto exchange, blazed past the 50 biggest cryptos this week. KCS is up 28% in the past seven days at $15.64. It has also jumped over 8% in the past 24 hours. The token began its rally just after KuCoin revealed a stellar first-quarter report earlier

Crypto bear market decidedly in play
News
Crypto bear market decidedly in play
News

Crypto Bear Market: Pantera Partner Sees These Buying Opportunities

Paul Veradittakit, a partner at crypto fund Pantera Capital, said a crypto bear market has likely begun, but does offer some opportunities. With valuations down all around, Veradittakit sees this time as a great opportunity to invest, given that high-liquidity cryptos trading at more accessible levels. He added that a prolonged period of market weakness

Paul Veradittakit, a partner at crypto fund Pantera Capital, said a crypto bear market has likely begun, but does offer some opportunities. With valuations down all around, Veradittakit sees this time as a great opportunity to invest, given that high-liquidity cryptos trading at more accessible levels. He added that a prolonged period of market weakness

Curve Plummets To 16-Mth Low
DeFi News
Curve Plummets To 16-Mth Low
DeFi News

Terra’s UST Causes A 20% Dump In DeFi Token Curve (CRV), Here’s How

The native token of DeFi giant Curve (CRV) slumped 20% on Thursday after the platform proposed removing support for UST. CRV plummeted to as low as $0.9- its lowest level in 16 months. It is now trading at $1.10, having recovered mildly. The token’s losses were triggered just after Curve proposed removing incentives for maintaining

The native token of DeFi giant Curve (CRV) slumped 20% on Thursday after the platform proposed removing support for UST. CRV plummeted to as low as $0.9- its lowest level in 16 months. It is now trading at $1.10, having recovered mildly. The token’s losses were triggered just after Curve proposed removing incentives for maintaining

Terra crash attracts government scrutiny in S.Korea
Altcoin News
Terra crash attracts government scrutiny in S.Korea
Altcoin News

Terra Crash Causes Ripple Effect Among Crypto Startups, Here’s How

Crypto startup StableGains, which offered customers access to DeFi yields, may be in trouble after putting a bulk of its funds into Terra. The firm offered depositors a 15% yield by locking their funds into Terra’s Anchor Protocol. This was done by converting customer funds into UST. But after UST crashed, the firm is now

Crypto startup StableGains, which offered customers access to DeFi yields, may be in trouble after putting a bulk of its funds into Terra. The firm offered depositors a 15% yield by locking their funds into Terra’s Anchor Protocol. This was done by converting customer funds into UST. But after UST crashed, the firm is now

Two Terra proposals fail to execute
Altcoin News
Two Terra proposals fail to execute
Altcoin News

LUNA, UST Volatility Spikes As Voting On Terra Fork Begins

After losing most of their value in the past two weeks, Terra’s native tokens- UST and LUNA- are experiencing large price swings. The volatility comes just after Terra opened community voting on its recovery proposal- which proposes to hard fork the blockchain into a new version. The new version will discard the UST stablecoin, and

After losing most of their value in the past two weeks, Terra’s native tokens- UST and LUNA- are experiencing large price swings. The volatility comes just after Terra opened community voting on its recovery proposal- which proposes to hard fork the blockchain into a new version. The new version will discard the UST stablecoin, and

USDT had recently hit 2017 lows
News
USDT had recently hit 2017 lows
News

Tether (USDT) Supply Plummets To $74 Bln, Will It Crack Under Pressure?

Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month as more investors traded the token in for dollars. The trend comes in the wake of one of the worst crypto crashes seen in recent times. Concerns over Terra’s UST had also seen USDT briefly de-peg to $0.95– its lowest level

Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month as more investors traded the token in for dollars. The trend comes in the wake of one of the worst crypto crashes seen in recent times. Concerns over Terra’s UST had also seen USDT briefly de-peg to $0.95– its lowest level

Terra's hard fork plans were criticized on Twitter
Altcoin News
Terra's hard fork plans were criticized on Twitter
Altcoin News

Breaking: Over 78% Of Terra Holders Favor Hard Fork, Early Voting Shows

Terra has opened voting on its highly contentious proposal to hard-fork the blockchain, founder Do Kwon said on Wednesday. Early voting indicates that over 78% of the community is in favor of forking the blockchain and creating a Terra Version 2.0. About 21.7% of holders have voted against the proposal and invoked their veto powers.

Terra has opened voting on its highly contentious proposal to hard-fork the blockchain, founder Do Kwon said on Wednesday. Early voting indicates that over 78% of the community is in favor of forking the blockchain and creating a Terra Version 2.0. About 21.7% of holders have voted against the proposal and invoked their veto powers.

This Government Intensify Measures To Prevent Another UST And LUNA Crash
Altcoin News
This Government Intensify Measures To Prevent Another UST And LUNA Crash
Altcoin News

Breaking: Terra Founder Do Kwon Faces Lawsuit In South Korea

A group of South Korean investors appears to have filed a court case against Terra founder Do Kwon over the blockchain’s crash. Local media reports suggest that several LUNA and UST holders have decided to hold Kwon accountable for the recent price collapse. They are being represented by law firm LKB & Partners, whose employees

A group of South Korean investors appears to have filed a court case against Terra founder Do Kwon over the blockchain’s crash. Local media reports suggest that several LUNA and UST holders have decided to hold Kwon accountable for the recent price collapse. They are being represented by law firm LKB & Partners, whose employees

Binance to seek German license
News
Binance to seek German license
News

Just-In: Binance Seeks Approval In Europe’s Largest Economy

Binance CEO Changpeng “CZ” Zhao said on Wednesday that the exchange plans to apply for a license to operate in Germany. Speaking at fintech conference Finance Forward in Hamburg, CZ said that after gaining regulatory approval in France, Binance is expanding its German compliance team and wants to apply for a license in Europe’s largest

Binance CEO Changpeng “CZ” Zhao said on Wednesday that the exchange plans to apply for a license to operate in Germany. Speaking at fintech conference Finance Forward in Hamburg, CZ said that after gaining regulatory approval in France, Binance is expanding its German compliance team and wants to apply for a license in Europe’s largest