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Bank of America: Consumer Interest in Crypto Remains Strong
16.6.2022
Bank of America’s new report explains that “despite the sharp correction in crypto valuations, consumer interest in the sector remains strong.” The report, which includes the bank’s new crypto survey, also shows “growing interest” in cryptocurrency’s...
CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts
16.6.2022
The miner also partnered with TMGcore to expand its immersion-cooled bitcoin mining infrastructure
USDC Issuer Circle to Introduce Euro-Backed Stablecoin in U.S.
16.6.2022
The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions
Sell the Ethereum Merge
16.6.2022
The Ethereum Merge has been planned for years, but that doesn’t mean it will be good for the price of ETH
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
16.6.2022
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the Fed responded by hiking rates by 0.75%. ETH was also marginally higher today. Bitcoin BTC...
DeFi Protocol Inverse Finance Exploited for $1.2M
16.6.2022
Attackers appear to have used a flash loan attack to drain Inverse Finance of bitcoin and tether
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com
16.6.2022
While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized exchanges and centralized lending platforms that promise increasingly enticing returns. The good times never last, though. As markets peak and monetary policy tightens...
Dogecoin, Solana Tokens Lead Gains Among Major Cryptocurrencies
16.6.2022
Crypto market capitalization increased some 4.5% in the past 24 hours after sliding under $1 trillion earlier this week
Tron's TRX Bumps 27% as DAO Deploys $220M for Token Purchase
16.6.2022
Founder Justin Sun has injected over $2 billion this week to support the Tron market
Report: Globant Finds 73% of Tech Professionals Believe Metaverse Is Accessible to Them
16.6.2022
A report issued by Globant, an Argentinian software company, has discovered that people feel the metaverse is close and accessible to them. The report, titled “How the metaverse is transcending digital limits and reinventing our place in the physical world,” found that the metaverse...
Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments
16.6.2022
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the Kyrgyz Republic. National Bank of Kyrgyzstan Urges...
Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs
16.6.2022
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes that a currency without the backing of a government is unlikely to work. Sam Zell Remains Skeptical...
Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’
16.6.2022
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill Gates on Crypto and NFTs...
First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike
16.6.2022
Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562
16.6.2022
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other...
In Conversation With the Federal Reserve Chief Innovation Officer
16.6.2022
I had the pleasure of speaking with the Federal Reserve System’s Sunayna Tuteja at Consensus 2022 in Austin, Texas, last week about the U.S. central bank’s philosophical approach to innovation at large. You can watch and read the conversation below
GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT – GAIMIN’s NFTxg
16.6.2022
PRESS RELEASE. GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes or the gamer wants to play a different game. With GAIMIN’s world first NFTxg, a gamer can now securely invest in their gaming experience and retain...
BitMEX’s Delo Will Not Face Prison After Guilty Plea
16.6.2022
Ben Delo pleaded guilty to charges of violating the Bank Secrecy Act earlier this year
Russia Developing Sandbox for Cross-border Crypto Payments
15.6.2022
An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments...