Regardless of the fact that the entire cryptocurrency market is in the red zone today, the failing USTC stablecoin (UST Classic) from the controversial Terra program is up 90%. USTC lost its peg to th...
News
Ex-Giuliani Associate Parnas Sentenced To 20 Months In Prison For Fraud And Campaign Finance Violations
Topline Lev Parnas will face 20 months in prison on campaign finance and wire fraud charges, a federal judge ruled Wednesday, closing out a criminal case against a Ukrainian-American businessman whose...
Three Arrows Capital goes into liquidation
Failing crypto hedge fund Three Arrows Capital has finally fallen into liquidation. Teneo Restructuring has been brought in to facilitate the liquidation process. Following on from the Terra Luna deba...
TRON With Over 100M Users, Celebrates Mainnet 4 Anniversary, Announces Hiring Push
[PRESS RELEASE – Please Read Disclaimer] Geneva, Switzerland / June 28 / – TRON user accounts have reached 100,048,526, officially breaking the 100 million ceiling, according to data from the blockcha...
China’s BSN Founder Not Fan of Bitcoin, Calls Crypto a Ponzi Scheme
The CEO of Blockchain-based Service Network (BSN), Yifan He in a published article noted cryptocurrencies as one of the biggest “Ponzi schemes in human history.” Yifan also acts as the CEO of Red Dat...
The Ronin Ethereum bridge is officially live
Sky Mavis-backed blockchain developer Ronin has officially reopened the Ronin bridge. Now, users can transact funds to and from the Ronin network with all wrapped ETH (wETH) and USDC backed 1:1 by ET...
Chainlink [LINK] traders can consider these metrics before shorting market
Chainlink [LINK], the most widely used oracle network for powering hybrid smart contracts has been through a tumultuous journey in 2022. In 2020, LINK climbed 15 places up in under a year and stood am...
5 Things To Look For When A Wine Claims To Be ‘Sustainable’
Agroforestry at Chateau Anthonic Nathalie Coipel It’s a word that consumers hear all the time: sustainable. The notion packs an element of responsibility and commitment — to the environment, to the co...
North Korea Retains Lead In Crypto Crimes, Over $1.5 B Stolen
Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-orie...
Bitcoin fights to stay above $20,000 as Saylor buys another $10 million
After dipping to a low of $19,939 early Wednesday morning, bitcoin (BTC-USD) is fighting to find support back above the $20,000 mark. The day’s trading comes at the ending of a painful last two ...
Worst Not Yet Over For Bitcoin Price As Court Orders Three Arrows Capital To Liquidate ⋆ ZyCrypto
Advertisement     Retail investors brace for more bad news after headlines revealed that a court has ordered the liquidation of the beleaguered cryptocurrency fund Thr...
Court Orders Liquidation Of Three Arrows Capital
Crypto hedge fund Three Arrows Capital (3AC) has reportedly plunged into liquidation, as per a Sky News report. This move could deepen the crisis that is already grappling the crypto space. Three Arro...
Economy still not ready for big rate hikes ahead, Wells Fargo CEO says
Charles Scharf Qilai Shen | Bloomberg | Getty Images Wells Fargo CEO Charles Scharf said he is betting on “more significant rate hikes” as the Federal Reserve tries to rein in high inflati...
Uzbekistan Presents Registration Requirements for Cryptocurrency Miners – Regulation Bitcoin News
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to r...
Jury Said To Be Sworn In For Parkland Shooter’s Death Penalty Trial
Topline A 12-member jury was sworn in Wednesday for the upcoming death penalty trial for convicted Marjory Stoneman Douglas High School shooter Nikolas Cruz, according to the Associated Press, after C...
Bear market will last until crypto apps are actually useful: Mark Cuban
Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark Tank, said the crypto bear market won’t be over until there’s a better foc...
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There are a hos...
Nansen Casts Blame for stETH ‘De-Peg’ on Terra
From here, Nansen says many users opted to sell their stETH back for ETH, which had the effect of depressing stETH’s price. Most stETH sellers, according to Nansen, dropped their tokens onto Curve – a...
Stock futures are flat as S&P 500 tracks for worst first half of the year since 1970
U.S. stock index futures were flat during overnight trading Wednesday, as the S&P 500 prepares to wrap its worst first half in decades. Futures contracts tied to the Dow Jones Industrial Average a...
Cathie Wood Says Crypto Revolution Will Not Be Stopped
Alex Dovbnya Ark Invest CEO Cathie Wood is convinced that cryptocurrency revolution will not be stopped In a recent interview with CNBC, Ark Invest CEO Cathie Wood sounded upbeat about the future of c...
Negative Views Of China Remain High In New Pew Survey Of 19 Countries
Some 70% of Americans say U.S.-China relations are bad, according to the Pew Research Center. (AP … [+] Photo/Kiichiro Sato, File) ASSOCIATED PRESS Negative views of China, the world’s No. 2 eco...
Why Is Blockchain So Important For Businesses?
– Advertisement – The launch of bitcoin also brought Blockchain technology into the world, becoming one of the most beneficial things for business organizations. Businesses and other indus...
Bed Bath & Beyond is ‘in the end days’ after ‘dumpster fire’ quarter, analyst says
It may be time to scoop up those fire-sale deals at struggling Bed Bath & Beyond (BBBY) while the company is still open for business. That’s the hot takeaway from Loop Capital Analyst Anthon...
AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet
7 hours ago | 2 mins read Altcoin News AdaSwap, a Cardano ecosystem builder supporting Cardano’s first decentralized exchange sponsored by Gal Gadot and Shima Capital, is preparing to deploy its testn...
White Hat Gets $630k for Averting Potential $25M Bug on Solana-based Port Finance
Port Finance, a Solana-based lending protocol, has paid out a $630,000 bounty to a white hat hacker who helped prevent a potential $25 million vulnerability from the platform, cybersecurity firm Halbo...
Compass Mining CEO and CFO resign
The CEO and CFO of Bitcoin Miner Compass Mining have surrendered The company cites ‘multiple setbacks and disappointments The organization said in an explanation that there have been different d...
Debt collectors’ ‘pay-to-pay’ fees ‘often illegal’: watchdog agency
Anchiy | E+ | Getty Images Certain “junk” fees often levied by debt collectors are illegal under federal law, the Consumer Financial Protection Bureau said Wednesday. Debt collectors charg...
North Korea’s $400M Crypto Losses Could Hurt Its Nuclear Weapons Program: Report
North Korea’s stores of stolen crypto have plunged in value amid the wider market crash, potentially jeopardizing funding for its weapons programs, according to a report by Reuters. The country has b...
Chip Stocks Are in for Trouble, Analyst Says. 4 Stocks Get Downgrades.
Text size The iShares Semiconductor ETF has fallen even more than the overall market this year. Courtesy of Texas Instruments BofA Global Research is getting more downbeat about the chip industry. Eve...