Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How…
Day: 16 May 2022
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week
Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC…
Polygon and others extend helping hand to Terra blockchain projects
These efforts are sure to help get many Terra projects back on their feet following…
Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents
Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive…
CBDC activity heats up, but few projects move beyond pilot stage
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage…
FTX CEO sees no future in Bitcoin payments, community fires back
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding…
Bitcoin investment giant Grayscale debuts ETF in Europe
Grayscale announced its first European ETF, listing on the London Stock Exchange, Borsa Italiana and…
80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?
The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise…
Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists
The Tezos Foundation recently said it has committed $1.23 million to a fund that will…
Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe
A soccer referee’s decision to toss a bitcoin before the start of a recent match…
First 7-week losing streak in history ― 5 things to know in Bitcoin this week
Doom and gloom and an overall sense of unease pervades the market ahead of the…
Crypto capital gains one of four key areas for Australian Tax Office
“Remember, you can’t offset your crypto losses against your salary and wages,” said ATO assistant…
Buterin: Terra should protect the smallholders, not the whales
Vitalik Buterin has called for relief for the average UST smallholder who got lured in…
UK Treasury en route to legalizing stablecoins amid Terra’s UST crash
During the Queen’s Speech, Prince Charles announced the introduction of a bill that would help…