Pain ahead for algorithmic and non-cash backed stablecoins: IMF director
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further...
Day: July 27, 2022
Zuckerberg unfazed about $2.8B metaverse division loss in Q2
“This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg. Meta’s virtual reality (VR) and...
Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges...
FTC files lawsuit against Meta over attempted monopolization of metaverse
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its...
Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia
Russia could be a large player in the crypto mining space, experts in the field have established in research naming...
Digital Identity Startup Unstoppable Domains Secures $65 Million in a Series A Led by Pantera Capital
On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a...
Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’
On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame...
Strawweight Luana Pinheiro Becomes First Female UFC Fighter to Be Paid in Bitcoin
On Wednesday, the cryptocurrency payments service company Bitwage announced that the Ultimate Fighting Championship (UFC) strawweight Luana Pinheiro will be...
Square Enix to launch FF7: Nifty Newsletter, July 20–26
The Open Metaverse Alliance for Web3 was created by blockchain platforms with the goal of setting standards for NFTs. In...
Cuban NFT artists say they face censorship within the crypto market
“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained. Cuba’s...
Tron producer Donald Kushner creates Web3-inspired Cryptosaurs NFT collection
"NFTs can aid in the documentation of the creator community through smart contracts," said Kushner. It's been 40 years since...
Ethereum options data show pro traders ready to go long into ETH’s Merge
ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs....
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
No surprises from the Fed as Bitcoin bulls see rewards for late longs with the press conference still to come....
Steven Kokinos shifts to Algorand advisory role as company appoints interim CEO
Former Algorand CEO Steven Kokinos said he will stay on as a senior advisor and be involved in “key projects”...
Price analysis 7/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap...
