Your Favorite Crypto Digest From TradeCrypto.com

The market is red. BTC is now trading above $42,000, ETH is trading around $3,100.

💪 Bitcoin dominance: 41.9%

📉 Total Cryptocurrency Market Cap: $1,956 tr

😲 Fear and greed index: 32 (fear)

🚀 Gainers(Top-100)

Kyber Network Crystal v2 (KNC) +17.4%

STEPN (GMT) +5.47%

ApeCoin (APE) +2.73%

😭 Losers(Top-100)

Waves (WAVES) -13.17%

Moonbeam (GLMR) -11.04%

Mina (MINA) -10.13%

Terra's New Stablecoin Pool Makes Waves in DeFi

Terra introduced something called the “4pool” in what appears to be a clear move to make UST and another fast-growing algorithmic stablecoin called FRAX the leading players in this niche.

Curve Finance has become a battleground for whichever project can provide the deepest liquidity to its respective pool. The prize for the deepest liquidity is token CRV.

Luna Foundation Treasury Holds Almost 40,000 BTC After Weekend Purchase

The Luna Foundation Guard (LFG), the treasury that backs the TerraUSD algorithmic stablecoin, added $173 million in bitcoin to its wallet over the weekend via a series of buys.

LFG now has 39,897.98 bitcoin in its wallet, worth approximately $1.67 billion.

Twitter Scammers Are Hijacking Verified Accounts for Fake Azuki NFT Airdrop

Twitter users beware: if you’ve been tagged in a thread about an amazing opportunity for free Azuki NFTs, do not click the link and connect your Ethereum wallet.

Scammers are hijacking the accounts of verified Twitter users, including journalists and media professionals, and then changing the profile text and images to suggest that the account belongs to one of the co-creators of the popular Azuki project.

EU agrees fifth package of restrictive measures against Russia

The European Union has activated the fifth package of sanctions against Russia. This included a ban for crypto-companies on any work with this country.

Now providers, banks, crypto-exchanges and other companies from the EU are not allowed to serve customers with registration in Russia and Belarus.

Russian-born Ethereum cofounder Vitalik Buterin quietly donates $5 million to Ukraine relief efforts

Ethereum’s Russian-born co-founder Vitalik Buterin is continuing to quietly support Ukraine as the war there stretches into its second month.

Buterin sent 750 Ether, or about $2.5 million, to the Aid for Ukraine initiative and another 750 Ether to the Unchain Fund, a charity created to support Ukraine with humanitarian aid.

Cash App Users Can Now Invest Their Paychecks Into Bitcoin

Customers of Cash App, a mobile payment service run by Block (formerly Square), will be able to automatically invest a portion (or the entirety) of their direct-deposit paychecks into bitcoin.

The feature, called ‘Paid in Bitcoin’, allows Cash App’s clients with activated Cash Cards to have a percentage of their direct deposits automatically converted into bitcoin at no cost.

That's all we've got!

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What is Crypto Ping Pong digest?

So all the TC lads here are working quite hard and from time to time we gotta chill.

That’s why we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we don’t really shut up about it. Ever.

During the game, we have a rule not to discuss serious topics like analytics, predictions, etc.

So memes, leaks, gossips naturally come about – we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.