Regulations and exchange delistings put future of private cryptocurrencies in doubt
At a time when privacy tools and coins have become the primary target of regulators around the world, the future...
Day: June 16, 2022
Banking uses 56 times more energy than Bitcoin: Valuechain report
Analysis of Bitcoin’s Proof of Work and the Lightning Network exposes the banking system as energy hungry, demonstrating that Bitcoin...
Bank of Russia backs cross-border crypto payments vs. domestic trade
Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the...
Circle launches euro-backed stablecoin EUROC
Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations. USD Coin (USDC) issuer...
Ethereum sell-off resumes with ETH price risking another 25% decline in June
Ether price is forming a bear pennant pattern whose profit target comes to be near $850. Ethereum's native token Ether...
Huobi to permanently shut crypto operations in Thailand
Huobi Thailand failed to fix system issues despite several extensions given by the Thai SEC. Huobi’s Thailand unit is set...
‘Builders rejoice’: Experts on why bear markets are good for Bitcoin
Crypto winters are actually good for Bitcoin as some pivotal BTC projects like the Lightning Network were born during bear...
Kazakhstan to let crypto exchanges open bank accounts
Exchange platforms will get an opportunity to operate legally in Astana international finance center in 2022. In addition to its...
Metaverse could be worth $5 trillion by 2030: McKinsey report
A new report from global consulting firm McKinsey found that the metaverse could be worth $5 trillion by 2030. Global...
Bitcoin Price Prediction for Today June 16: BTC Struggles above $20K as Price Rebound Is Imminent
Bitcoin Trades in a Bearish Trend Zone as Price Rebound Is Imminent – June 16, 2022 Bitcoin (BTC) has resumed...
Report: Globant Finds 73% of Tech Professionals Believe Metaverse Is Accessible to Them
A report issued by Globant, an Argentinian software company, has discovered that people feel the metaverse is close and accessible...
Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with...
Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all...
Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation
Danny Yuan said that their team detected that $1 million was missing from their company's funds at Three Arrows Capital...
Former president of the New York Stock Exchange joins Uniswap Labs as an adviser
Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their...
