Review

It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto

The alleged removal is a bit strange considering Bored and Hungry only opened its doors back in April. The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its…

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China warns Bitcoin is heading to zero but BoE looks on the bright side

Official Chinese national news media outlet warns readers that Bitcoin could go to zero value in order to dissuade them from investing in and using cryptocurrency. The Chinese government has capitalized on the violent downturn in the crypto market by warning crypto…

Knowledge Review by Smith Smith June 21, 2022

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Which Projects Could Be Affected by 3AC’s Liquidity Crisis?

Since launching in 2012, Su Zhu and Kyle Davies' Three Arrows Capital grew to become one of crypto's largest and most respected hedge funds. Now, the firm is battling its biggest crisis yet—and the impact could send shockwaves through the entire industry.…

Knowledge Review by Nelson AC June 20, 2022

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South Korean prosecutors ban Terra employees from exiting the country: report

Employees of Terra have reportedly been prohibited to exit South Korea as investigations by the prosecutors continue. Terra (LUNA) employees are reportedly unable to leave South Korea as the country's prosecutors imposed a departure ban on key developers of the project. Korean…

Knowledge Review by Smith Zoey June 17, 2022

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Finblox Limits Daily Withdrawals as Fears Grow Over Future of 3AC

Crypto savings app Finblox is imposing a withdrawal limit and preventing new users from registering due to uncertainty over the future of crypto hedge fund Three Arrows Capital. The latter is a major investor in Finblox, and the savings platform has said…

Knowledge Review by Lee Daniel June 15, 2022

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Consensus 2022 Was the Crypto Bull Market’s Goodbye Party

Attendees basked in the scorching Texas heat as crypto winter descended on the industry. The first flurries of crypto winter fell before Consensus 2022. Just a few weeks before 20,000 people descended on Austin, Texas, for CoinDesk’s annual festival, the terraUSD (UST)…

Knowledge Review by Woo Nick June 14, 2022

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Bitcoin Characteristics That Fit the Gold 2.0 Story

Since its inception in 2009, BTC has acquired a fervent following of supporters who believe it has the potential to dethrone gold as a store of value and investment instrument. The idea that bitcoin is digital gold has gained traction among cryptocurrency…

Knowledge Review by Wright Stella June 11, 2022

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According to Deloitte, most U.S. shops are keen to incorporate cryptocurrency

According to a Deloitte survey, over 75% of U.S. merchants want to accept crypto payments within the next two years. Retailers are optimistic about cryptocurrency In cooperation with PayPal, Deloitte issued its "Merchants Getting Ready For Crypto" research on Wednesday. The results…

Knowledge Review by Smith Smith June 7, 2022

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New Study Shows 37% Of People Want Governments To Legalize Bitcoin

Given the growing interest in crypto adoption as a legal tender, it’s not shocking that many participants will wish to legalize bitcoin. The level of support for crypto was evident in a new survey conducted by The Economist. This survey aimed to know…

Knowledge Review by Cawrey John June 7, 2022

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Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful

The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued…

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