Cryptocoins News / The Cointelegraph - 1 year ago
As the market continues to mourn over losses on the Terra (LUNA) UST and LUNA debacle, DEI, a stablecoin used as a collateral mechanism for third-party instruments built on the Fantom (FTM)-based decentralized finance (DeFi) protocol DEUS Finance (DE...
Cryptocoins News / The Cointelegraph - 1 year ago
Government-issued electronic currency seems to be an idea whose time has come. “More than half of the world’s central banks are now developing digital currencies or running concrete experiments on them,” reported the Bank for International Settlement...
Cryptocoins News / The Cointelegraph - 1 year ago
Sam Bankman-Fried, the founder of crypto exchange FTX, has criticized the efficiency of Bitcoin (BTC) as a payment network, only to meet heavy backlash from the crypto community.During an interview with the Financial Times, Bankman-Fried fueled envir...
Cryptocoins News / The Cointelegraph - 1 year ago
The Terra saga continues. In a Twitter thread, the team behind the failed algorithmic stablecoin TerraUSD (UST) and the token LUNA shared precisely how much Bitcoin (BTC) and crypto assets they had disposed of.The Luna Foundation Guard (LFG) also pro...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe.Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on Monday. A spokespe...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on.After hitting its highest since the Terra (LUNA) crash last week, the largest cryptocurrency nonetheless continues to fail to reclaim $30,000 as...
Cryptocoins News / The Cointelegraph - 1 year ago
United Kingdom’s Department of Treasury, or Her Majesty's Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by the crypto community, the decision comes as a shocker due to its proximity to the re...
Cryptocoins News / The Cointelegraph - 1 year ago
The Australian Taxation Office (ATO) has outlined crypto capital gains as one of four key areas of focus in 2022. A capital gain or loss refers to the price difference between the time an asset was purchased and the time it was sold. The percentage o...
Cryptocoins News / The Cointelegraph - 1 year ago
Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFTs) into more game products as part of its medium-term business strategy in 2022.Square Enix (SE) is a Japanese game developer with $3 billion i...
Cryptocoins News / The Cointelegraph - 1 year ago
Banking giants Goldman Sachs and the United Kingdom’s Barclays have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British hedge fund manager Alan Howard.Joining t...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra (LUNA) project should prioritize small hodlers as part of any proposed reimbursement plan. As widely reported, the Terra eco-system suffered a death spiral around May 9 which resul...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra project should prioritize small hodlers as part of any proposed reimbursement plan. As widely reported, the Terra eco-system suffered a death spiral around May 9 that resulted in L...
Cryptocoins News / The Cointelegraph - 1 year ago
As the dust settles from the Terra ecosystem crash and the community decides what the next steps should be, the CEO of a validator runner in South Korea thinks the old Terra chain should be shut down permanently.Jiyun Kim, CEO of blockchain solutions...
Cryptocoins News / The Cointelegraph - 1 year ago
6. Investors familiar with the concept of equity investing will find equity tokens to be an extension of the same thought process as initial public offerings while those with a riskier appetite can venture into plonking their capital on the util...
Cryptocoins News / The Cointelegraph - 1 year ago
3. Advantages and Disadvantages of the Metaverse for kids Advantages The Metaverse has many advantages for kids, especially from an education perspective. With the help of such technology, learners can grasp abstract concepts easily in a more e...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure.ETH price to $1,500?ETH’s price has been consolidating since May 11 inside a range defined by two converging trendlin...
Cryptocoins News / The Cointelegraph - 1 year ago
This is a parody of the article published by the World Economic Forum titled “Welcome to 2030. I Own Nothing, Have No Privacy And Life Has Never Been Better.”Welcome to Mars. Welcome to my city, or should I say “our city” because I, like every other...
Cryptocoins News / The Cointelegraph - 1 year ago
Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving Terra (LUNA) and TerraUSD (UST) ecosystems. Following up on the same, CZ revealed his pe...
Cryptocoins News / The Cointelegraph - 1 year ago
There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice.Things have changed. Stablecoins now c...
Cryptocoins News / The Cointelegraph - 1 year ago
The cryptocurrency market has lost $1.9 trillion six months after it soared to a record high. Interestingly, these losses are bigger than those witnessed during the 2007 subprime mortgage market crisis — around $1.3 trillion, which has prompted fears...
Cryptocoins News / The Cointelegraph - 1 year ago
The fever-pitch euphoria of nonfungible tokens (NFT) reached its proverbial all-time highs in the hours preceding the calamitous gas wars of the Otherside metaverse land sale. But, by most reputable accounts, following almost a year of frantic expone...
Cryptocoins News / The Cointelegraph - 1 year ago
At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog to the United States Supreme Court, has ruled that nonfungible tokens (NFT) represent “private prope...
Cryptocoins News / The Cointelegraph - 1 year ago
It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 5 to nearly $0 on Thursday. As the market slowly gained clarity on what transpired, the trading volume of LUNA saw a steep recovery of over...
Cryptocoins News / The Cointelegraph - 1 year ago
Accessibility is a pain point for cryptocurrency adoption that has been discussed for years, yet still, it is pertinent as ever. This issue was most recently recognized by the United States government as we’ve seen Treasury Secretary Janet Yellen dis...