Tag: cryptoslate
Rumors run riot as UST collapses amid Yellen report on stablecoins
Rumors are circulating online that Citadel Capital may be behind the UST crash as Janet Yellen announces a report on stablecoins.The hedge fund, which...
Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST
Do Kwon has announced a recovery plan in the works for UST and, therefore, the Terra ecosystem. UST has lost its peg from the...
Coinbase bankruptcy wording triggers warnings to move crypto off exchanges
On May 10, crypto exchange Coinbase released its Q1 2022 earnings report doing little to calm choppy market conditions.It showed net revenue down 53%...
Israeli central bank yet to make decision on pursuing CBDC despite public support
The central bank of Israel has yet to decide whether to create a digital version of its fiat currency shekel, despite the public supporting...
SwissBorg report explains cause of the “death spiral” of UST
The Swiss-based crypto exchange, SwissBorg, has released a report on the risks surrounding Terra’s stablecoin, UST. The token is currently undergoing extreme volatility, trading...
Over 4M new Sweatcoin wallets created in less than a month
Sweatcoin has announced an increase of 4 million new Sweat wallets in the last 27 days. The new, user-friendly, move-to-earn application recently announced a...
El Salvador releases mock-up of Bitcoin City – what’s the verdict?
El Salvador’s President Bukele tweeted images of an architect’s model of Bitcoin City and the caption that things are ‘coming along beautifully.’#Bitcoin City is...
Cynics dominate comments section of BBC Bitcoin crash report
The BBC published an article titled, ‘Bitcoin value drops by 50% since November peak,’ on May 10. It gave a balanced account of the...
Avalanche founder claims only one algorithmic stablecoin can succeed – defends Terra’s UST
The founder of Ava Labs, Emin Gün Sirer, has offered his opinions on the crash of Terra’s algorithmic stablecoin, UST. According to Gün Sirer, there is...
Azuki floor price tanks after founder reveals link to 3 failed NFT projects in 2021
The founder of the Azuki non-fungible token (NFT) project, Zagabond, has revealed that he was behind three unsuccessful NFT projects before creating Azuki. In a...
Mining Capital Coin CEO charged with $62M crypto fraud
The U.S. Department of Justice has unsealed an indictment charging Luiz Capuci Jr., the CEO of Mining Capital Coin (MCC), for orchestrating a $62...
Binance Review 2023: Pros & Cons and In-Depth Exchange Overview
<!-- --> Anyone involved in cryptocurrencies has likely heard the name Binance already. It’s the leading global cryptocurrency exchange, plus as...
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