Terra injects 450M UST into Anchor reserve days before protocol depletion
The move is designed to maintain the stablecoin savings protocol’s lucrative yield of approximately 20%…
Day: 18 February 2022
U.S. inflation breaks 40-year record: Can Bitcoin serve as a hedge asset?
Many have likened BTC’s anti-inflation properties to those of gold, but there are important differences…
Crypto community condemns Canada for freezing dissidents’ Bitcoin wallets
Kraken’s CEO admitted that the firm could be forced to freeze some wallets by the…
BTC price dips below $40K as Wall Street open spells pain for Bitcoin bulls
Macro factors finally see $40,000 give way for Bitcoin price action after two weeks above.
XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history
The so-called “mega whales” have accumulated over $712 million worth of XRP tokens since December…
‘Off the charts’: Zynga blockchain exec praises P2E gaming talent
Blockchain and the play-to-earn gaming movement could become even more addictive in 2022 as popular…
Fidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth
The number of users on the Bitcoin network keeps growing higher, drawing comparisons to tech…
Crypto bill incoming: Russia’s finance ministry kicks off public comment period
The Ministry of Finance is seeking industry and public input on how to regulate digital…
DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report
“If DeFi aims to reduce regulatory risk, the form of DeFi governance will gradually become…
Canada’s Emergency Act Means the Country Can Restrict Crypto
Canada’s Emergency Act was invoked this week, giving the country the power to restrict cryptocurrency…
Ukrainian Parliament Adopts Amended Virtual Assets Law
Ukrainian lawmakers have approved an updated version of legislation tailored to regulate the country’s crypto…
Pakistan Central Bank Governor on Cryptocurrency: ‘The Potential Risks Far Outweigh the Benefits’
The Pakistani central bank governor, Reza Baqir, recently revealed that his organization has determined the…
Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists
The multinational music corporation Universal Music Group (UMG) announced the company has partnered with the…
Chinese banking regulator warns against fraud risks in the metaverse
Chinese authorities called the metaverse “attractive and deceptive,” where users are prone to lose money…