sponsored What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this piece is intended as an explanation of BUSD. First and foremost, BUSD is a stablecoin pegged to the US Dollar (USD) which came …
Continue reading “Binance and Paxos’s BUSD: High Quality Reserves, Audits, and Regulation”
Many crypto traders are now looking for FTX alternatives, i.e. safe trading platforms for cryptocurrency with no insolvency issues. As the oanda.com website states, OANDA […] Go to Source
Popular crypto analyst Nicholas Merten says that Ethereum (ETH) remains overvalued and he expects a steep price decline. In a new video update, Merten tells his 512,000 YouTube subscribers that the current value of the smart contract platform Ethereum is heading downward according to the analysis of its weekly chart. “As we’ve emphasized many times …
Anxious to mint a piece of crypto history as a digital collectible? The time has almost come. After amassing a waitlist of more than 400,000 participants, spurring a delayed but fairer launch, Cointelegraph’s Historical nonfungible token (NFT) collection opened on Nov. 23 for waitlisters and will go live on Dec. 1 for the general public. …
Continue reading “Cointelegraph Historical Collection private sale is now live”
USD Coin (USDC), a stablecoin issued by the U.S.-based Circle Financials Ltd, is taking the lead over its top rival, Tether (USDT), when it comes to institutional adoption, according to on-chain data. USDC daily transfer volumes are higher The market capitalization of USDC tokens in circulation comes to be around $44 billion versus USDT’s $65.42 …
Continue reading “Tether vs. USD Coin on-chain data reveals two very different stablecoins”
The ongoing crypto bear market has proven itself to be a builders market as investments continue to find projects with promise. Onomy, a Cosmos blockchain-based ecosystem, just secured millions from investors for the development of its new protocol. The project merges decentralized finance (DeFi) and the foreign exchange market to bring the latter on-chain. According …
Continue reading “DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market”
Despite Japan’s uncertainty on whether to issue a central bank digital currency (CBDC), the Bank of Japan (BoJ) continues experimenting with a potential digital yen. The Japanese central bank has started a collaboration with three megabanks and regional banks to conduct a CBDC issuance pilot, the local news agency Nikkei reported on Nov. 23. The …
Continue reading “Bank of Japan to trial digital yen with three megabanks”
In an interview conducted in Moscow, whistleblower Edward Snowden said he had enough Bitcoin to spend in a lifetime. At the interview, the price of […] Go to Source
Uniswap (UNI) price displays optimism as it trades in a second straight bullish session. One last push for the decentralized exchange (DEX) token to $6.5 […] Go to Source
Summary: Bankman-Fried apologized again to FTX employees and threw more light on why the cryptocurrency exchange failed. The letter released on Tuesday suggested that SBF regrets filing for bankruptcy earlier in November. Also, the FTX founder believes saving the crypto exchange is not impossible. Another letter from Sam Bankman-Fried to FTX employees gave further insight …
Nestcoin, a startup leading crypto and Web3 activities in Africa, has been linked to the collapsed FTX exchange. With FTX’s bankruptcy proceeding, Nestcoin has laid […] Go to Source
Hedera (HBAR) and Helium (HNT) Are Starting To Collapse! – Why Snowfall Protocol (SNW) Is A Better Investment… Hedera (HBAR) and Helium (HNT) are starting […] Go to Source
Bitpanda has received a license to provide cryptocurrency services from the German financial markets regulator BaFin. This regulatory approval comes amid growing scrutiny over crypto […] Go to Source
Buy gift cards with bitcoin or other cryptos Although it’s possible to buy products and pay for services offered by several businesses, we’re still a […] Go to Source
Trust in crypto exchanges is at an all-time low, especially after recent turmoil surrounding FTX sent shockwaves throughout the crypto industry. If exchanges are no […] Go to Source
