Luna Foundation Guard that makes sure UST stablecoin is stable is currently having tough times in keeping it peg to 1-USD. Infact, UST has a whopping 24% in value when compared to USDT and BUSD which are two very popular stablecoins out there.

Ledger Live is the app that is used by Ledger hardware wallet users (Nano S, Nano X etc) to manage their cryptocurrency funds securely. The latest version of this software, Ledger Live 2.41.3, is reportedly showing inflated balances of their cryptocurrencies, most notably Bitcoin and Litecoin.

Litewallet is officially endorsed as wallet of choice by Litecoin.org, the website behind the Litecoin project. This wallet is amazing – simple and easy to use. But lately, a slew of users have been complaining about unable to send funds from Litewallet, getting Send Failed Not Connected error. The only way to access those lost funds is by extracting private key from Litewallet and pasting them in another cryptocurrency wallet.

If you’ve been part of the online casino world for a while, you’ve probably come across several casinos that accept crypto. Bitcoin, Ethereum, Tether, Litecoin, Dogecoin, and more are all the rage for online casinos in 2022. 

EU officials are talking about banning bitcoin yet again unless it shifts to Proof-of-Stake (PoS). They say if the Ethereum is able to shift, we could legitimately request the same from Bitcoin. They add that they need to protect the bitcoin community.

Binance has announced that it will be implementing a new set of restrictions on Russian users. Users from Russia will not be able to deposit crypto over 10,000 euro and this includes Russian nationals as well. If total value of crypto is less than 10,000 euro, there is no need to panic and your Binance account will function like it is doing right now.

Beanstalk Farms had been gaining a lot of traction but today, it lost a whopping 180 million dollars and hacker got out with $76 million. All funds stored in smart contract of Beanstalk Farms have been emptied.

Staking is when an individual locks up their crypto holdings for a certain period of time with the benefit of earning rewards. The use of cryptocurrencies nowadays makes us think about the evolution of currencies and payments in general. The idea of trading started around 3000BC. Later, humans invented coins in 600B.C., leading to paper money in the 7^th century.

Inverse Finance DeFi was hacked earlier today with hacker taking whopping 11.7 million dollars, with protocol loss being much larger as less will be using it from now on. This DeFi hack was made possible by making use of price oracle manipulation bug.

Porta Network that claims to make blockchain products accessible to everyone, just rug pulled on its users, stealing more than half million dollars, $0.6M to be precise, saying they lost funds in a robbery. They say that thieves were dressed as investors and stole funds from company’s wallet which were present in same room.