Tag: news.bitcoin
Blockchain
UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and
Blockchain
US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco
As US lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the
Blockchain
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime The
Blockchain
Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week
Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week Over the last seven days, NFT sales have dropped 4285%
Blockchain
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value Since May 2, 2022, the crypto economy has dropped more than 15%
Blockchain
Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue
LUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD As such traders lost faith in the stablecoin founded by Do Kwon, which dropped to
Blockchain
Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade
Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade Programmed to happen on May 15, the Bitcoin Cash Improvement Proposals (CHIPs) approved to be included are
Blockchain
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000, Is 55% Below Its Record High
Bitcoin plunged below $30,000 for the first time in eleven months, as bears continued to run rampant in crypto markets This move came as Luna Foundation Guard was said to be liquidating close to $15
Blockchain
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the US dollar and dropped to an all-time low of $066 per unit The stablecoin has been one of the most topical discussions in
Blockchain
NASA Partners With Epic Games to Create a Martian Metaverse Simulation
NASA, the US space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience The challenge will include
Blockchain
HUMAN Protocol Foundation Awards Grant to VeritaTrust to Build on-Chain Rewards for Reviews
PRESS RELEASE Georgetown, Cayman Islands, May 10, 2022 – Today, HUMAN Protocol has announced that it has awarded a grant to VeritaTrust to power on-chain reviews Following the announcement of
Blockchain
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech
