Most cryptocurrencies will collapse
[ad_1] The cryptocurrency market has more than 19,000 coins and tokens at the moment. Brad Garlingouse, the CEO of blockchain company Ripple, believes that thousands...
UST’s collapse will affect other algorithmic stablecoins
[ad_1] Terra’s UST stablecoin crashed a few weeks ago, and some experts say the event spells trouble for other algorithmic stablecoins. The Terra blockchain collapsed...
Balancer Protocol is now live on Optimism
[ad_1] Balancer Protocol seeks to reduce gas costs for both blockchain users and developers. Balancer Protocol has officially launched on leading Ethereum Layer 2 scaling...
NY Fed president urges colleagues to prepare for coming digital payment transformation
[ad_1] Get ready for a fundamental change in money and payments, John Williams, president and CEO of the Federal Reserve Bank of New York, told...
CoinShares CEO says UST’s failure cost the firm $21M
[ad_1] DeFi exposure related to Terra’s stablecoin UST saw CoinShares, Europe’s largest digital asset firm with billions of assets under management, lose more than $21...
Basel Committee presses on with restrictive requirements for banks’ crypto holdings
[ad_1] The Basel Committee on Banking Supervision met Friday and discussed cryptocurrency, among other topics. The committee stated that it would soon publish its second...
Russian central bank signals agreement with crypto law revisions: Report
[ad_1] First deputy governor of the Russian central bank Ksenia Yudayeva stated Tuesday that the bank is open to using cryptocurrency for international payments, Reuters...
Aussie consumer group calls for better crypto regs due to ‘lagging laws’
[ad_1] Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while submitting a proposed regulatory framework...
Here’s how much Kazakh gov’t made off crypto mining in Q1 2022
[ad_1] The government of Kazakhstan, one of the world’s largest countries by Bitcoin (BTC) mining hash rate distribution, has reported budget earnings derived from cryptocurrency...
Crypto and fiat are not compatible today
[ad_1] The cryptocurrency market has recorded massive growth in recent years but there is still a long way to go to achieve worldwide adoption. MoneyGram...