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GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
‘Let's just diversify and see' — Binance CEO on its stablecoin strategy
1.8.2023
Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity
Shark Tank Star Kevin O’Leary Warns More US Banks Will Fail
1.8.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that more banks in the U.S. will fail as the Federal Reserve continues to hike interest rates. He stressed: “It will break down in the regional banks, which support 60% of the economy … We’ve started to see...
First Mover Americas: BTC and ETH CME Futures See Record Participation From Big Traders
27.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
XRP, Stellar and Solana Products See Increased Institutional Investments This Year
27.7.2023
Products focused on XLM saw nearly 63% higher inflows this year
Digital marketing will become Web3's next major use case, says report
27.7.2023
More than 70 startups have raised over $600 million in the embryonic Web3 digital marketing sector
Stellar, Ripple and Solana-Based Investment Funds See AUM Spike in July
26.7.2023
The large gains began following Ripple’s partial court victory over the SEC in the middle of the month
Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July
25.7.2023
A 25 basis point rate hike on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months
First Mover Asia: Bybit CEO Ben Zhou: Regulators See Crypto as an ‘Opportunity,’ Not a Crisis
24.7.2023
The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness
End of Fed’s Tightening Cycle: Bernanke, Majority of Polled Economists See Terminal Rate Hike Ahead
23.7.2023
With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds rate by 25-basis-points (bps) at the forthcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday. The market presently maintains the conviction that this quarter-point uptick...
Tesla’s diamond hands: EV maker's Bitcoin holdings see no change in Q2
20.7.2023
After purchasing $1.5 billion worth of Bitcoin in 2021, Tesla sold 75% of it in 2022 and is now hanging onto its remaining $184 million Bitcoin stash
Tears of the Kingdom Fans Think They See Link’s Well-Endowed Package
18.7.2023
Recently, a couple of Legend of Zelda: Tears of the Kingdom players experienced an unexpected but funny jump scare. And no, the jumpscare had nothing to do with the game’s imposing villain, Ganon. It was apparently the jiggle physics of the hero of Hyrule’s crown jewels. Or at least what looks like...
You're Solid Gold, I'll See You In Hell
14.7.2023
It feels weird to be writing one of these. Lord knows I’ve read enough of them over the last 17 years. But it’s finally my turn: today is my last day at Kotaku.Read more
You're Solid Gold, I'll See You In Hell
14.7.2023
It feels weird to be writing one of these. Lord knows I’ve read enough of them over the last 17 years. But it’s finally my turn: today is my last day at Kotaku.Read more
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks
12.7.2023
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the token’s number of coins in circulation has fallen...
Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance
10.7.2023
U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development, including the proposed BRICS currency. Yellen stressed that all the data of which she is aware shows that the dollar is overwhelmingly used in international...
The Shows Anime Expo's Greatest Think You Should See, Including Spicy NSFW Ones
7.7.2023
Much like how stand users in JoJo’s Bizarre Adventure are drawn to one another, I found myself pulled into the orbit of a few popular Black anime content creators while traversing the convention floor of Anime Expo 2023, the self-described largest anime convention in the U.S. Specifically, I...
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
6.7.2023
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential
Crypto Twitter will see less exposure on Google due to rate limit slash
5.7.2023
Another impact of Elon Musk’s Twitter limits is lower search visibility on Google, according to SEO experts
Nigeria Currency Presently Undervalued Says Bank of America Analysts
4.7.2023
According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. The analysts assert that higher oil revenues and a liberalized import regime will likely see Nigeria record current account surpluses in the medium...