Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform
26.5.2022
Bitcoin (BTC) was roughly flat over the past 24 hours, while altcoins such as ether (ETH) underperformed. That indicates a lower appetite for risk among crypto traders. Meanwhile, stocks traded higher on Thursday
Central African Republic Moves Ahead With Its Crypto Hub Initiative Despite World Bank's Concerns
26.5.2022
Central African Republic (CAR) President Faustin-Archange Touadéra is readying to launch a new crypto project, dubbed Sango - the first crypto initiative that is designed to strengthen the country’s image as an emerging African crypto hub.
“For us, formal economy is no longer an option,”...
Kevin McCoy: The Metaverse Is Going to Be Powered by Game Engines
26.5.2022
Kevin McCoy, the digital artist who minted the first NFT ever, compares the metaverse of today to the watershed moment when Nintendo launched Mario Bros in 1985
How to Prevent the Metaverse From Becoming a Nightmare
26.5.2022
Examining everything from zero-knowledge proofs to interplanetary file storage
‘Bitcoin Will Find Its Footing,’ According to Grayscale CEO
26.5.2022
“I think in the near term, we [crypto] will find our footing,” Grayscale Investment CEO Michael Sonnenshein, said on CoinDesk TV’s “First Mover.”
‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino
26.5.2022
Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said
What Happens When You Die in the Metaverse?
26.5.2022
Ethereum’s founder proposed “soulbound tokens” to give digital identity value. Is there a price to be paid?
U.S. Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch
26.5.2022
Federal Reserve Vice Chair Lael Brainard said creating a central bank digital currency (CBDC) in the U.S. would likely take as long as five years. In a House Financial Services Committee hearing Thursday, Brainard also said a digital dollar probably shouldn't return interest to holders – a concern...
5 Principles to Guide Design in the Metaverse
26.5.2022
A leading metaverse designer from Roblox weighs in. This piece is part of CoinDesk's Metaverse Week
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...
Bitcoin Pares Earlier Losses; Resistance at $33K
26.5.2022
Bitcoin (BTC) is stuck in a choppy trading range, anchored at the $30K price level. Upside appears limited as most indicators are neutral short-term and bearish long-term
Goblins Flip Bored Apes in 24 Hours to Become the Top Collection
26.5.2022
The grotesque creature-themed Goblin Town non-fungible tokens (NFT) project has flipped the popular NFT project Bored Ape Yacht Club (BAYC) to become the top collection in terms of sales volume over the past 24 hours.
The project has recorded nearly USD 8.5m in sales over the past day, up...