Investors pulled out billions of dollars in value from the Tether circulatory supply after regulators raised red flags around stablecoins.
The growing popularity of cryptocurrencies has continued to attract a lot of prominent fintech firms with PayPal coming off as one of the many.
During the recent AMA, Binance CEO Changpeng Zhao answered some questions regarding his employees’ decision to trade against the users. He also referred to the Terra project as “stupid’.
The crypto exchange revealed that layer 2 ETH deposits are also available on the platform.
Last year, Swift collaborated with American professional services company Accenture to establish a cross-border transaction between CBBC and “an established real-time gross settlement (RTGS) system.”
Some of the biggest contributors to the NBA Top Shot NFT sales are LeBron James, Stephen Curry, Zion Williamson, and Giannis Antetokounmpo.
The LUNA crash wiped off as much as 15-25% of major cryptocurrencies in the market.
Block has released its Q1 2022 earnings report amid an overall slump in Bitcoin price which impacted its Cash App business.
The Revolut CEO also talked about the company’s plans for a non-custodial wallet.
Tether announced that it slashed its commercial paper holdings over the first quarter to $20 billion, plans an additional 20% reduction.
Investment bank Nomura is not eyeing NFTs and DeFi for now, but they’re surely in its plans.
The many tests that the proposed Ethereum 2.0 is being subject to are such that there can be no hitches when the PoS consensus model is finally fully in play.
Since the collapse of the Terra ecosystem, it’s been one trouble after another. With about 2.8 million Koreans losing their life savings and at least 8 committing suicide, Do Kwon was invited to a Congressional hearing.
Novogratz spoke about the lessons to learn from this event and asked investors to maintain caution amid the recent macroeconomic backdrop.
Oysten Olsen, former governor of Norges Bank, in 2021, stated that he considers Bitcoin too expensive, resource-intensive, and does not preserve stability.