With the crash of TerraUSD —the largest algorithmic stablecoin in the ecosystem— and the de-pegging of other stablecoins like Stasis, DEI (not to be confused with DAI and even Tether), financial insti...
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Dahab Alealam: Major Muslim crypto-asset set to launch the Open Token Sale
In the Muslim world, the crypto economy is strengthening its foundations. In early May 2022, Arab News announced the use of Bitcoin as a means of payment by Emirates, a major airline. Cryptocurrencies...
Terra Like A Crypto “Pyramid Scheme,” Says Activist Investor Bill Ackman
Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme. Ackman’s comments come in wake of the Terra blockchain losing most of it...
Ether Enjoys a Three-day Hike. Have it Bottomed out?
Ethereum has lost key supports over the last seven days. Last week was one of the intraweek sessions many would love to forget for more reasons than one. The total REKT capital on derivatives market e...
The Dismay of the UST Stablecoin Tenure; An Unexpected Fall – crypto.news
In a very harrowing turn of events for Terra, the blockchain ecosystem has opted to indefinitely halt the trade on its UST and LUNA tokens. The second halt in 24 hours came at a very ominous date, Fri...
Cryptocurrencies Will Seriously Undermine RBI’s Capacity to Determine Monetary Policy
The RBI’s concerns mostly revolve around money laundering and crypto-sponsored terrorism. The Reserve Bank of India, popularly known as the RBI, has raised a red flag on the effects of cryptocurrencie...
Grayscale set to roll out first European ETF
Grayscale Investments announced on Monday it is set to make a play for Europe, with its first exchange traded fund (ETF) in the region. The product, known as the Grayscale Future of Finance UCITS ETF...
Portugal to Tax Cryptocurrency Income According to Minister of Finance – News Bitcoin News
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated...
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
The United States Department of Justice may move forward on a criminal prosecution case against a United States citizen who allegedly violated sanctions through cryptocurrency. According to a Friday o...
Do Kwon Proposes New Plan to Revive Terra
Alex Dovbnya Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project Do Kwon, the controversial co-founder of Terra, has come up with yet another rescue plan for the...
Terra Founder Do Kwon Blocks Doge Founder Billy Markus, Doge Founder Responds
– Advertisement – Terra Founder Blocks Doge Founder, Doge Founder Responds. A few days ago, Dogecoin co-founder, Billy Markus, called out what he referred to as “tech bros hubris” in the...
エルサルバドルがビットコイン国際会議開催へ、32ヵ国中銀と12ヵ国金融当局参加
エルサルバドルがビットコイン関連国際会議を開催へ エルサルバドル共和国政府が、32ヵ国の中央銀行と12ヵ国の金融当局を含めた44ヵ国の代表者を集め、ビットコインを議題にした国際会議を開催することが分かった。エルサルバドルのナジブ・ブケレ（Nayib Bukele）大統領が自身のツイッターで明らかにした。 この国際会議は5月17日から3日間開催されるとのこと。議題については「金融包摂」および「非銀行...
Chainlink Hires Google Vet Who Developed TensorFlow AI System
In brief Kemal El Moujahid, a Facebook veteran, oversaw TensorFlow at Google His AI expertise is likely to help Chainlink better identify authorities for its oracle. Chainlink is the most popular R...
Portugal to Impose Taxes on Cryptocurrencies
Portugal’s government has announced plans to tax crypto income. Fernando Medina, Portugal’s new finance minister, announced in the parliament on Friday that crypto coins will be subject to taxa...
Binance Seeks to Strengthen its Legal Team
Amidst growing uncertainty caused by the bearish run across most cryptocurrencies over the past few weeks, Binance – the leading exchange in terms of volume – is looking to heavily shore up its defens...
Cosmos: New ‘interchain security developments’ has had this effect on ATOM
ATOM has so far rallied by more than 30% from its latest local low. The cyptocurrency extended its downside during last week’s cryptocurrency market crash, and the healthy recovery might be a sign of ...
Haechi (HAC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, May. 17, 2022 – LBank Exchange, a global digital asset trading platform, has listed Haechi (HAC) on May 17, 2022. For all users of LBank Exchange, the HAC/USDT trading pair is no...
Ethereum Exchange Supply Shows Signs of Caution
Amid the broader market crash, the world’s second-largest cryptocurrency Ethereum (ETH) has entered a major correction. After last week’s fall, the ETH price has been hovering around $2,000 levels. On...
BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
Winston Churchill’s statement to “never let a crisis go to waste” can be applied across many aspects of society, including the recent carnage seen in the crypto market. Last week’s volatility is...
How Not to Run a Crypto Exchange
Crypto exchanges balance business interests against security risks. Users want fast withdrawals, and also expect their funds to be secure. Cold, or offline, wallets are safe from hackers but slow down...
BTC, ETH and XRP Price Analysis for May 16
Bulls have failed to seize the initiative as most of the coins remain in the red zone. Cardano (ADA) is the only exception to the rule, rising by 0.75%. Top coins by CoinMarketCap BTC/USD Bitcoin (BTC...
Another algorithmic stablecoin, DEI, loses peg
Another algorithmic stablecoin from Deus Finance, DEI, fell to as low as 54 cents on Monday, continuing what has been a tumultuous week for stablecoins. The stableocoin first lost its peg against the ...
Defensive Improvement Must Be A Focus For The Indiana Pacers
CHARLOTTE, NORTH CAROLINA – OCTOBER 20: Chris Duarte #3 of the Indiana Pacers defends Gordon Hayward … [+] #20 of the Charlotte Hornets during their game at Spectrum Center on October 20, ...
What is Lightning Network? Bitcoin’s Scalability Solution
In brief Because of the way it’s built, Bitcoin suffers from slow transaction speeds and high transaction costs. The Lightning Network is a “second-layer solution” that speeds up tra...
Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup
OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the bigge...
LINE NEXT、NFTプラットフォーム「DOSI」専用ウォレット提供開始 | あたらしい経済
LINE NEXTが「DOSI」専用ウォレット提供開始 LINE NEXT（ラインネクスト）が、グローバルNFTプラットフォーム「DOSI（ドシ）」の専用ウォレット「DOSI Wallet」を提供開始したことが5月17日分かった。「DOSI Wallet」は今年3月末から韓国で先行して提供されたとのことで、今後サービス提供国は日本を除く180ヵ国を予定しているという。 LI...
Lucky Block Announces a One-of-a-Kind Daily Jackpot Prize
Lucky Block (LBLOCK), a decentralised games network powered by blockchain, will launch much-anticipated free jackpot prize draws this month. The draws will have several unique features that will diffe...
Sasha Banks And Naomi Walk Out Of WWE Raw; Banks Unfollows WWE
Sasha Banks and Naomi walked out of WWE Raw. Credit: WWE.com Sasha Banks’ rocky history with WWE took an ugly turn this past Monday when the women’s tag team champion walked out during WWE Raw alongsi...
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Spotify announced on Monday that it is testing a new feature that will allow artists to promote their non-fungible tokens (NFTs) on their profiles. The Swedish audio streaming and media services provi...