Advertisement     A group of South Korean crypto exchanges is working to prevent a repeat of Terra’s implosion in May. The exchanges will act together to ensure unifor...
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Binance CEO Changpeng Zhao Says Exchange Will Launch Big Hiring Spree During Crypto Bear Market: Report
The world’s largest digital assets exchange is planning a hiring spree as some of its competitors slash jobs during the current crypto market downturn. According to a new report by Fortune, Changpeng ...
Tether Clears Air Over USDT Backing As Crypto Collapses
Tether, the operator of the USDT stablecoin, on Wednesday derided speculation that the token is backed by low-rated debt. The firm said in a press release that recent “rumors” that the portfolio used ...
Powell says Fed could hike rates by 0.75 percentage point in July
Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar ...
Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy – Press release Bitcoin News
press release PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological...
Lego Brings Manufacturing Back To The U.S., 15 Years After Pulling Plug
The move will allow it to shorten the distance that its products have to travel to reach customers. SOPA Images/LightRocket via Getty Images Fifteen years after laying off 300 workers, shuttering its ...
Crypto Market In Panic Ahead Of FED Meeting, Will It See Relief?
The crypto market could face more volatility during today’s trading session. The U.S. Federal Reserve is set to host its Federal Open Market Committee (FOMC) meeting and possibly announce a hardline a...
Fed Makes Unusually Large Rate Hike, Expects Rates Over 3% By Year End
Jerome Powell, chairman of the US Federal Reserve, following a ceremony in Washington, D.C., US, on … [+] Monday, May 23, 2022. The Senate this month voted to confirm Powell for a second four-ye...
Binance CEO plans to leverage crypto winter
Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business. When asked how Binance will fare during the current crypto winter f...
Nexo is hiring, says its growth is ‘organic’
Despite the market conditions and the swelling contagion fears, Nexo is marching on with its growth ambitions. Nexo says its plans to hire more staff amid the current bear market is due to its busine...
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains
“Overall economic activity appears to have picked up after edging down in the first quarter,” the Fed said in Wednesday’s statement. “Job gains have been robust in recent month...
‘Don’t think twice here if you’re a long-term investor’
The S&P 500 plunged into a bear market earlier this week for the first time since March 2020, sending many investors into a tizzy. According to one financial advisor, however, the sell-off could p...
Collecting Cryptocurrency News And Data On A Large Scale
Since the last decade, the cryptocurrency market has been booming. Several organizations and independent traders have increased their involvement with global finance and market changes. However, as in...
Bill Gates Lambasts NFTs
Alex Dovbnya The anti-NFT crowd now has acquired a very important ally Microsoft co-founder Bill Gates recently opined that non-fungible tokens are a “greater fool theory” type of investment. Gates sa...
Ethereum price analysis: ETH swiftly spikes to $1,000, swing low set?
Ethereum price analysis is bullish today as we have seen another quick, however, small spike lower. ETH/USD reached a major psychological support level at $1,000 and quickly reacted higher during the ...
Terra Influencer FatMan Spots Loopholes in Coindesk Korea Report Accusing TerraForm Labs Crashing UST and LUNA
– Advertisement – The popular whistleblower has come to the defense of TFL, as he identifies a major loophole that makes the Coindesk Terra report false. Popular Terra influencer who is kn...
Recent Crypto Market Crash Has Left DeFi Platforms & Smart Contract Tokens Struggling
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3AC Transfers $90M FTT on KuCoin
3 hours ago | 2 mins read Editors News 3AC in liquidation of $400 million. Transfers $90 million worth FTT on KuCoin. Refrains FTX from tracking its transactions. The Three Arrows Capital (3AC) has be...
Here’s what the Fed’s highest rate hike in 28 years means for you
What the federal funds rate means to you The federal funds rate, which is set by the central bank, is the interest rate at which banks borrow and lend to one another overnight. Although that’s n...
TronDAO pulls 2.1B TRX from Binance to ‘safeguard crypto market’ as USDD depegg continues
? Want to work with us? CryptoSlate is hiring for a handful of positions! For the third consecutive day, Tron’s blockchain Decentralized USD (USDD) is trading for less than $1. According to data from ...
Fed members predict more hikes with the benchmark rate above 3% by year-end
U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, U.S., March...
Three Arrows Capital Sells Over 56,000 Staked Ether Amid Growing stETH Discount – crypto.news
Wallets believed to belong to major investment firm Three Arrows Capital (3AC) recently sold off over 56,000 Lido staked ether (stETH) leading to a further decoupling of the price relationship between...
Fed Raises Rates By 75 Basis Points
Key Takeaways The Fed raised rates by 75 basis points today, the biggest hike since 1994. The decision comes as the inflation in the United States officially hits a forty-year high. The market reacted...
AI Ethics Shocking Revelation That Training AI To Be Toxic Or Biased Might Be Beneficial, Including For Those Autonomous Self-Driving Cars
Should we be willing to devise toxic AI in order to combat toxic AI? getty Here’s an old line that I’m sure you’ve heard before. It takes one to know one. You might not realize that this is an express...
Balmain CMO: NFTs a ‘Powerful Tool’ For Luxury Fashion Brands
Hardly a day goes by at the moment without an announcement from a high-end fashion brand about getting into Web3. Most recently we have seen Balmain’s creation of an NFT-backed ecosystem, followed a d...
Stocks Pare Back Gains After Federal Reserve Hikes Rates By 75 Basis Points
Topline The stock market opened higher on Wednesday but pared back gains after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, as investors continue to w...
Investors Hit Binance.US With Class Action Lawsuit for Allegedly Misleading Customers About TerraUSD (UST)
Investors are filing a class-action lawsuit against Binance’s American arm, Binance.US, for allegedly falsely advertising investments in the algorithmic stablecoin TerraUSD (UST) as “safe.” Last month...
Hold Tesla at $670 with a price target of $770
Tesla Inc. (NASDAQ:TSLA) is trading at $670. Analysis shows that the stock could set a support level at $650. Since it is tough to catch a bottom, this analysis considers that Tesla is a buy for long-...
XDB Staking Rewards Coming to DigitalBits Ecosystem
Zytara, a fintech company and DigitalBits ecosystem contributor, announced today that the company has entered into a partnership with deadmau5 as part of the launch of its new banking platform. Zytara...
El Salvador’s Big Bitcoin Gamble Backfires to Deepen Debt Woes
(Bloomberg) — Most Read from Bloomberg An epic rout that has wiped out about two-thirds of Bitcoin’s value is exacerbating the debt crisis in the world’s most crypto-friendly country. In the yea...
Crypto Finance to support Tron Blockchain and its native Token
Zurich, Switzerland, 15th June, 2022, Chainwire TRON, one of the largest and most popular public blockchains, has announced that TRX will be supported by Crypto Finance. More TRON-based tokens are exp...