After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers. This emotional response, however, is strongly at odds with reality. In fact, algorithmic stabilization of digital assets is a highly …
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The Securities and Exchange Commission (SEC) was “asleep at the wheel” regarding how FTX Group and its subsidiaries met financial and corporate control requirements, Representative Pete Sessions said in the Saturday Report on December 17. “We need to look at what the Securities and Exchange Commission was doing”, stated the Texas Congressman, adding that “the …
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An XRP competitor is powering humanitarian cash disbursements to the people of Ukraine in the midst of Russia’s military aggression. The Stellar (XLM) Development Foundation (SDF) and the International Rescue Committee (IRC) have launched a pilot for blockchain-powered aid disbursement in the war-torn country, according to a new press release. The IRC is a nonprofit …
After a spectacular run in 2021, almost everyone at least superficially knows what nonfungible tokens (NFTs) are. Although not many people are aware that NFTs constantly get new entrancing functionality and use cases. This article will highlight the role of an exciting feature: unlockable content in NFTs. We will break down for you its advantages …
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A global standard for banks’ exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS). The standard, which sets a limit of 2% on crypto reserves among banks, must be implemented on January 1, 2025, according to an official …
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TON has been on a bullish trend in the last 24 hours. The token is up by 29% in just seven days amid the recent […] Go to Source
Risk is off the table Risk, leverage, and speculation could be considered the keywords for 2021 as excess cash from covid stimulus entered the stock market and crypto ecosystem. Many traditional financial assets have since returned to their pre-covid levels, such as Ark Innovation ETF, public equities such as Coinbase, and Bitcoin mining stocks making …
On Dec. 14, 2022, the crypto exchange Gemini revealed that some Gemini customers have been the target of phishing attacks that the firm believes stem from a third-party vendor leak. While reports disclosed that Gemini’s leak was approximately “5,701,649 lines of information pertaining to Gemini customers,” Gemini did not disclose how many customers were affected …
Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also moved lower, dropping for a seventh consecutive day. Cardano (ADA) Cardano (ADA) moved to …
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Ethereum fell below $1,200 to start the weekend, as prices continued to trade close to a multi-week low. This decline comes as market sentiment remained bearish following a big week of economic data. Bitcoin also extended recent declines, as traders remained nervous following news that financial auditor Mazars paused all work for crypto clients. Bitcoin …
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It has been a volatile week for cryptocurrencies, especially Bitcoin and Ethereum, which rose following the optimistic CPI report, only to see the gains wiped […] Go to Source
The leading crypto analytics firm Santiment says one metric they track is signaling a bullish turn in the market based on historical performance. According to Santiment, fear, uncertainty and doubt (FUD) are reaching peak levels as determined by the prevalence of negative crypto terms such as “sell” across several social media platforms. Using their social …
The founder and former CEO of FTX has been arrested and is being detained in the Bahamas. What’s next for SBF? Sam Bankman-Fried, founder and former CEO of the collapsed crypto exchange FTX, has been arrested on multiple charges including money fraud. Bankman-Fried was arrested on Monday, Dec. 12 in the Bahamas. His arrest was …
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Upcoming crypto analytics tool Dash 2 Trade has released a sneak peek video showcasing the presale analysis part of their dashboard. Dash 2 Trade provides […] Go to Source
FightOut is a new move-to-earn web3 platform, it was just launched this month and raised over $2 million in its token presale. The potential is […] Go to Source
