Daily Digest – May 6th

• Bitcoin registers biggest plunge since January, Altcoins extend losses.

• Terra buys $1.5 billion worth of BTC, now the second-largest corporate Bitcoin holder.

• Central Bank of the Argentine Republic bans lenders from offering crypto.

• Decentralized offshoot of Twitter, BlueSky, releases its first code.

• Cardano’s TVL to hit $19 billion if staked ADA is added – Charles Hoskinson

OpenSea’s Discord Server Hacked

The leading NFT marketplace, OpenSea, is under attack, as hackers compromised the platform’s Discord server. OpenSea is investigating a potential vulnerability and has warned users to not click any links published on its Discord for now.

The platform’s Discord channel was hacked in order to promote a scam which appeared just hours ago on Friday, according to various reports on Twitter...

Ethereum (ETH) Staked in Consensus Layer Reaches 10% of Circulating Supply

As the Ethereum blockchain draws ever closer to its mainnet migration, the amount of Ethereum (ETH) staked on its Proof of Stake consensus layer has reached another milestone, crossing 10% of ETH’s total supply...

Bitcoin Falls in Tandem With the Stock Market

The stock market fell sharply on Thursday, erasing the gains made in the previous rally, driven by the historic decision made by the United States’ FED to increase interest rates. Bitcoin and the cryptocurrency market at large declined in sync, losing 7.5% of the total market cap in the span of 24 hours...

Ice Cube Backs DOGE Army in the Largest Commercial Transaction in History

Rapper and actor Ice Cube (O’Shea Jackson Sr.) has become the latest celebrity to join the Dogecoin fanclub. There are plenty of famous people counted among the DOGE supporters already, including Snoop Dogg, Mark Cuban, Gene Simmons, and, of course, Elon Musk...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team