Why Baby Dogecoin Is Diving Today
Shares of several popular altcoins, including Baby Dogecoin (CRYPTO: BABYDOGE), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO:…
Why Bitcoin Gold Is Falling Sharply Today
Shares of several popular altcoins, including Bitcoin Gold (CRYPTO: BTG), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO:…
Regulators Should Pay Attention to UST
Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to take a closer look at…
Who Is the Mystery Shiba Inu Metaverse Developer? SHIB Holders Might Be In for a Shock
Shiba Inu holders might be in for a treat as Shytoshi Kusama hinted about the announcement of a developer for the SHIB Metaverse. The news about the onboarding of this…
Market Wrap: Cryptos Extend Losses as LUNA Plunges
Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana’s SOL token saw a 30% dip. Option traders are seeking downside protection.
‘Failure Should Be an Option,’ US Sen. Pat Toomey Says of UST Turmoil
Sen. Pat Toomey, the Banking Committee’s top Republican, doesn’t want asset-backed stablecoins tarnished by the UST drama.
Bitcoin Miner Iris Energy Reiterates Hashrate View; Revenue Misses Estimates
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.
5 state regulators allege organization is tied to Russia, scamming users using metaverse casino
“The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds,” said the regulators.
Five State Regulators Issue Emergency Orders to Shut Down Metaverse Casino
Regulators in five American states have issued cease-and-desist orders to a digital casino with links to Russia marketing NFTs to Americans. The Flamingo Casino Club, a virtual casino offering with…
After DeFi, DeSoc: Finding Web 3’s Soul
By using Web 3’s building blocks to represent social identity, the ecosystem can overcome its current limitations and bring about a decentralized society.