Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years
21.9.2022
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every dollar on September 15. Similar to other global currencies that have depreciated in 2022...
Ether Funding Rates Revert to Normal Days After Successful Merge
21.9.2022
A popular trade drove up funding rates to lifetime highs for ether futures
Downfall of Canada's Lambo driving ‘Crypto King’ reportedly sees $35M in losses
21.9.2022
Founder of fraud recovery law firm says the only other avenue available for investors would be to make reports to the Ontario Securities Commission or the police
Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch
21.9.2022
Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be able to choose if they want to work in-office or remotely. The company also hinted at the launch of...
White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?
21.9.2022
The ethical exploiter thanked Arbitrium for the 400 ETH payday, but said such a find should be eligible for the max bounty of nearly 1,500 ETH, or $2 million
Regulatory clarity will drive the next bull run, hedge fund co-founder
21.9.2022
As long as the regulation gives an institutional investor a very clear path to crypto, they’ll jump into the space, hedge fund co-founder CK Cheng told Cointelegraph
Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
21.9.2022
The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market
India to Finalize Stance on Legality of Cryptocurrency by Q1 2023: Report
21.9.2022
The Indian government is reportedly planning to finalize its stance on the legality of cryptocurrency by the first quarter of next year in order to become Financial Action Task Force (FATF) compliant. “We will finalize our responses by February-March 2023. We have to respond to the FATF...
XRP Price Outpaces Bitcoin and Ethereum, Key Resistance Intact
21.9.2022
Bitcoin price failed to gain bullish momentum above the $19,500 resistance. BTC is currently (03:10 UTC) trading below $19,200. If there is a downside break below $19,000, the price may perhaps accelerate lower.
Similarly, most major altcoins are facing important hurdles. ETH topped near $1,380...
Totality Corp CEO explains why India is still largely untapped for NFTs
21.9.2022
Despite a strong emphasis on “social status” in India, holding a Bored Ape Yacht Club NFT there isn’t impressing anyone
Ethereum co-founder Vitalik Buterin defends DAOs against critics
21.9.2022
Buterin believes collusion and corruption can be minimized when deciding power is in the hands of the entire group, rather than an individual or small minority
Draft US stablecoin bill would ban new algo stablecoins for 2 years
21.9.2022
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price