Amid the UST saga, EU Commission advocates ban on large-scale stablecoins
The word stablecoin has sort of become a joke now, thanks to the show put up by Terra’s UST over the past few days. The depegging managed to garner attention…
Bitcoin, Ethereum, Dogecoin Extend Losses On Inflation Report, Terra (LUNA) Fiasco: Whales Become ‘Extremely Active’ For This Coin
Major coins crashed sharply with Ethereum down more than 10% as the global cryptocurrency market cap dropped 10.25% to $1.3 trillion at press time. Price Performance Of Major Coins Coin…
Play-To-Earn Gaming Needs a Re-Think To Appeal to Wider Audiences
Play-to-Earn: Gamer motivation to play games isn’t financial – it’s fun. Financial incentives and engaging gameplay need to find an equilibrium, says Michael Rubinelli, Chief Gaming Officer at WAX Studios.…
Not bothered: Miners ‘not impacted by volatility’ in Bitcoin market
In the face of extreme fear in the Bitcoin market, miners are unfazed and may even welcome a downturn as it opens up the opportunity to gain more hash power.
Chile puts CBDC plans on hold until end of 2022 to undertake more analysis
Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end…
Michael Saylor welcomes FASB vote to review crypto accounting standards
The FASB is set to review its accounting rules for digital assets, which could see firms no longer be required to report crypto such as BTC as “intangible assets” on…
First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of ‘Algo’ Stablecoins
A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.
Why Dogecoin Spin-Off Shiba Inu Is Nosediving Today
Shares of several popular altcoins, including Shiba Inu (CRYPTO: SHIB), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO:…
Convex Finance (CVX) Surpasses Aave in Total Value Locked
Increased demand for CVX during the recovery attempt of the market in March stabilized Convex Finance TVL which has surpassed Aave (AAVE) TVL at the beginning of May 2022. Convex…
Arrington Capital Scrubs $100M Anchor Yield Fund From Website After UST Upheaval
The noted crypto investment firm removed mention of the fund from its website, citing decreased demand.