Tether CTO Paolo Ardoino Comments UST Was Just Poorly Designed

4 hours ago | 2 mins read Altcoin News Segregation between centralized stablecoin and algorithm stablecoin. Stablecoins become harder to manage as they grow larger. Paolo Ardoino, CTO of Tether and Bi...

Tesla boss Elon Musk blasts Biden, Democrats on Twitter

Tesla CEO Elon Musk on Friday blasted the Biden administration and Democrats on Twitter, as the world’s richest man doubled down on his vow to vote for Republicans. Musk in a tweet accused the B...

South African central bank mulls digital rand to streamline cross-border payments

The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor Kuben Naidoo. Naidoo said a digital rand could significa...

Rural Electrification 2.0 – The Electric Truck Is Here

Ford F150 Lightning kicking dust on a dirt road. J.Repak Productions Growing up in rural America, my first vehicle–like many of my friends–was a truck. Like many before me, moving to a city meant trad...

Crypto Bleed Won’t Ruin U.S. Economy: Goldman Sachs

Key Takeaways Goldman Sachs doesn’t think the downward momentum in the crypto market will have a major impact on the economy. Economists at the investment bank noted how crypto is small relative...

Tesla Loses Top Spot in Cathie Wood’s Flagship Fund

(Bloomberg) — Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about four-and-a-half years. Most Read from Bloomberg Elon Musk’s company had commanded ...

Shopify Partners with Crypto.com for Cryptocurrency Payments

Shopify customers can now pay in cryptocurrencies, thanks to a collaboration with Crypto.com. Shopify is the newest company to adopt Crypto.com Pay. This is the crypto payment solution from the Singap...

Polkadot price analysis: DOT/USD gains a massive value at $10.08

Polkadot price analysis shows DOT price is currently at $10.08 and is trading in a bullish trend. The cryptocurrency has gained massive value and is currently facing resistance at $10.32. DOT/USD supp...

Bitcoin Pizza Day: Binance raffles off a year of free pizza

To celebrate 12 years of “Bitcoin Pizza Day” on 22 May, popular crypto exchange Binance has decided to launch a competition in which five winners will get a year of free pizza.  Bitcoin Pizza Day: Bin...

What Does Rise In Implied Volatility Of Argo Blockchain (ARBK) Stock Options Mean?

Since Jul 15, 2022, $2.50 had placed some of the highest implied volatility among equity options today, Stocks based on moves in the options market require close attention from investors in Argo Block...

Tether’s CTO says the UST collapse was caused by poor design

The Chief Technology Officer at Tether and Bitfinex, Paulo Ardoino, has said that the Terra project is “poorly designed.” Ardoino also reiterated that the Terra network was not intended to be a rug pu...

The Advertisers With Strong Affinity On Netflix, Disney+ & HBO Max Programs

Viewers of “Drive To Survive” on Netflix have a high affinity with imported automobiles and beer. … [+] Pictured: Emma Walsh (Photo by Jeff Spicer – Formula 1/Formula 1 via Get...

Prominent Influencers Of Crypto Space Calls Terra UST A Castle Of Cards! Here’s Why?

According to Tether (USDT) and Paolo Ardoino, Bitfinex chief technology officer, the Terra (LUNA) project was not actually created for a rug pull, instead it is one that is of a poor design. While tal...

If Inflation Is So Scary, Why Are Consumers Still Spending?

If Inflation Is So Scary, Why Are Consumers Still Spending? getty Just as the pandemic seemed to be receding as an imminent threat to us all, there comes a new boogeyman — inflation. That was the head...

SEC Vs Ripple Labs drags on with William Hinman Video

A video in which the former director of the SEC’s Division of Corporation Finance William Hinman states that the sale of Ether did not constitute “securities transactions.” has become a key part of th...

Bitcoin bulls stall the price downtrend as BTC hovers around $30k

Bitcoin (BTC) has once again retested the $30,000 level, making gains of almost 3% in the last 24 hours as the cryptocurrency market monitors the general investor confidence. Gains on May 20 put press...

Bitcoin Miners Face Shrinking Profitability Amid Crypto Crash

Bitcoin gold crash getty As bitcoin enters a new bear market, the mining sector is feeling the pain. Specifically, miners are seeing their profit margins dwindle as Bitcoin’s price falls and Bitcoin’s...

Why BABA is a bargain

Alibaba (NYSE: BABA) stock price has been under intense pressure in the past few months as investors’ concerns about margins and China regulations remain. BABA is trading at $87, which is about 72% be...

Bill Gates Does Not Own Crypto Because It Doesn’t Have Product Value

The American computer programmer and entrepreneur who co-founded Microsoft Corporation – Bill Gates – revealed he had not distributed some of his wealth into cryptocurrencies. He said he likes investi...

Cracks in US Economy Start to Show as Recession Warnings Mount

(Bloomberg) — The late Nobel Prize-winning economist Paul Samuelson once quipped that Wall Street had predicted nine out of the last five recessions. This time, the stock market may be right. Mo...

Cosmos Smart Contract Hackathon “qDARC” announces prize pool from Konstellation Network

The Konstellation Network (Konstellation), a decentralized cross-chain capital markets system built on the Cosmos network, announces a prize pool for winners of its summer Blockchain qDARC Hackathon. ...

NEO/USD gains bullish momentum at $10.60

Cryptocurrencies prices heatmap, Source: Coin360 Neo price analysis shows that Neo prices are currently in a bullish trend as the price goes above $10.60. The support is present at $9.74, and the pric...

Chelsea Football Club Signs a $20M Crypto Shirt-Sleeve Sponsorship Deal With Crypto Start-Up WhaleFin ⋆ ZyCrypto

Advertisement &nbsp &nbsp Chelsea football club has inked a deal with a crypto startup – WhaleFin – for a shirt-sleeve sponsorship. The London club has been the subject of num...

Weee taps Crazy Rich Asians director Jon M. Chu in push for grocery growth

Online grocery delivery start-up Weee! encourages customers to share videos of recipes and favorite items on its app. It specializes in hard-to-find Asian foods, along with fruits, vegetables and othe...

Pantera Partner Sees These Buying Opportunities

Paul Veradittakit, a partner at crypto fund Pantera Capital, said a crypto bear market has likely begun, but does offer some opportunities. With valuations down all around, Veradittakit sees this time...

Why Baby Boomer & Gen X Retirement May Leave Millennials Coming Up Short

A wave of retirements have accelerated a major pilot shortage — but the airlines are not the only … [+] industry facing a worker shortfall. getty Summer travel dreams are in the making. Soon peo...

SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terr...

LPR Cut & WHO Approval Of China Vaccine Catalyze Markets, Week In Review

China Last Night KraneShares Week in Review It was yet another choppy week of trading for Asian equities, which mirrored the US. However, both Hong Kong and Mainland China were up for the week. China ...

Tether Cuts 17% Of Its Commercial Paper Holdings Over Q1 2022

As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills wi...

iZUMi Finance secures $30M from investors to expand its ecosystem

iZUMi Finance,  a DeFi platform that provides for on-chain liquidity to multiple chains via its Liquidity as a Service (LaaS) protocol, has secured $30 million in funding to help expand its ecosystem....

Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry

Over the past nine days, Bitcoin’s (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stableco...

SpaceX Paid $250,000 to Settle Musk Sexual Harassment Claim, Insider Reports

(Bloomberg) — SpaceX paid an employee $250,000 to settle a claim she was sexually harassed by Elon Musk in 2016, according to a report from Insider. Most Read from Bloomberg The closely held roc...