AROUND THE BLOCK - MAY 16, 2022
May 16, 2022 - 3 min
May 16, 2022
OpenSea is adding NFT copy detection and verification features
OpenSea will scan for flips, rotations, and other copies.
Mia Sato
Lido Warns Leveraged Traders at Risk of Liquidation as ‘Staked Ethereum’ Loses Peg - Decrypt
As part of the ongoing fallout from Terra’s collapse, staked Ethereum, or stETH, lost its 1:1 peg with Ethereum. Here’s why that happened.
Stacy Elliott
Spotify starts trialing NFTs on its platform, Music Ally reports
The streaming giant is trialing NFT promotions but won’t be selling NFTs directly on its platform.
Callan Quinn
Terra’s dominant DeFi protocol may need another bailout soon
The backup reserve that Anchor uses to keep paying lenders a 19.5% interest rate is on track to run out in less than two months.
Osato Avan-Nomayo
U.S. SEC’s Peirce sees ‘movement’ on stablecoin regulations
A top official at the U.S. Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto stablecoins could be drawing closer.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6GYE2J7HNNJYDMTQ5XZWFVAY5I.jpg)
U.S. SEC’s Peirce sees ‘movement’ on stablecoin regulations
A top official at the U.S. Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto stablecoins could be drawing closer.
Polygon, Juno and Fantom blockchains try to lure Terra’s projects
Other blockchains are advertising themselves to developers closing their shops on Terra after its collapse.
Vishal Chawla
Crypto Research, Data, and Tools
Gain an edge over the crypto market with professional grade data, tools, and research.
