"Crypto Market Cap Sags 16%" May 12, 2022
Today’s blockchain and cryptocurrency news
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Bitcoin is down 1% at $27,868
Ethereum is down 1.5% at $1913
and Binance Coin is up slightly at $267
Tether lost its $1 peg briefly overnight amid a wider market slide that saw the crypto market cap drop 16%.
Coinbase stock falls in post-market trading. ARK buys 500k shares.
Lighthouse Labs has raised $7M in a seed round.
FTX.US has applied for a trust charter in New York.
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