Leaked report: South Korea to establish crypto framework by 2024
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research.
BlackRock And Citadel Deny Role In Terra’s UST Collapse
BlackRock, Inc. (NYSE: BLK) and Citadel Securities have denied any involvement in the collapse of Terra’s (CRYPTO: LUNA) algorithmic stablecoin TerraUSD (CRYPTO: UST). What Happened: According to a Wednesday report…
Bitcoin ‘kisses’ $24K realized price after 2nd highest seller losses in history
The classic bottom zone reappears on the back of serious sell pressure stoked by mayhem on stablecoin markets.
Terra lists “Emergency Actions” to push UST back to $1; Will it work?
The entire Terra ecosystem was turned upside down as its stablecoin UST proved to be not so stable. Losing its $1 peg, the stablecoin stumbled down to a low of…
Is this a South American Silver lining for Bitcoin, Ethereum?
With cryptocurrencies becoming vastly popular in Latin American countries, the region’s largest digital bank, Nubank, has allowed its users to trade Bitcoin and Ether directly on its platform. Up until…
Crypto Crash: ‘A Sea of Blood’ as Top Coins Plunge Double Digits
This week’s crypto crash is touted to be the worst fall this year as top coins plunged double digits today. The bloodbath seems to be on a never-ending spree as…
Bitcoin and Ethereum Trading Gets Green Light on Brazil’s Largest Digital Bank
Brazil’s largest digital bank, Nubank, will soon allow customers to buy Bitcoin and Ethereum. The neobank even hinted at adding more cryptocurrencies in the future. Brazil’s largest bank, Nubank, will…
Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of Near $24K
Weak sentiment around stablecoins may have contributed to USDT’s depegging this morning.
Cyprus Has Hosted a Flagship Blockchain and Cryptocurrency Event
A luxury spa & resort hotel in Limassol Parklane gathered the brightest and most influential minds in the crypto space on May 4-5. Parklane became a meeting point for the…
Bitcoin (BTC) Falls Below $27,000 to Reach Lowest Price Since 2020
Bitcoin (BTC) fell sharply this week to reach a low of $26,700 on May 12. This is the lowest price that it’s seen since December 2020. Bitcoin had been trading…