Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
17.5.2022
El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference
Bitcoin Mining Appears to Have Survived Ban in China
17.5.2022
China is once again contributing a significant chunk of the world's bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF)
Plus500 Board Anticipates Higher FY22 Revenue Than Expectations
17.5.2022
Plus500 is expecting to beat the market expectations after its Board announced an estimated revenue of $628.4 million for FY22. Additionally, Plus500 is expecting to register its Earning Before Interest, Taxes, Depreciation, and Amortization at $290.5 million. Figures estimated by the Board...
US congress research agency weighs in on UST crash, notes gaps in regulation
17.5.2022
The CRS described the TerraUSD crash as a “run-like” scenario where holders started to doubt the reserves that back the dollar peg
Bitcoin․com Exchange Market Insights Report for May 2022
17.5.2022
This is the May 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance May got off to a rough start as the Federal Reserve...
NEAR developers to get seamless Web3 app deployment with Pocket Network
17.5.2022
According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more
BitMEX Starts Spot Exchange on Eve of Co-Founder Hayes' Sentencing
17.5.2022
BitMEX, one of the longest-running crypto futures exchange, has pushed its spot markets live
This week’s Law Decoded: Is depegging a real threat to financial stability?
17.5.2022
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure and more
South Korean Financial Regulators Begin Terra Probes, Politician Calls for Kwon to Face Parliamentary Hearing
17.5.2022
The Terraform Labs mastermind Do Kwon (real name Kwon Do-hyeong) could be facing trouble from financial and law enforcement authorities in South Korea and Singapore as a torrid month for the Terra (LUNA) platform just keeps getting worse.
Following reports that Kwon appears to have dissolved...
Luna Foundation Guard Discloses Usage of Bitcoin Reserves
17.5.2022
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle involving the Terra ecosystem. The organization sold part of the bitcoins owned directly, while...
A Person From the Philippines Earned $50 a Day in the Simple Children’s Game, Rock Paper Scissors
17.5.2022
The person won over $50 in 10 minutes in the simplest Blockchain game. The player, presumably a Filipino, registered in the crypto game Rock Paper Scissors under the nickname ManilaCity, won and withdraw $50 from the platform. In the Philippines, the average salary ranges from $98 to $290...
Do Kwon's New Terra Revival Plan Fights for Support as Trust Challenge Remains
17.5.2022
Another Terra (LUNA) ecosystem revival plan by Terraform Labs (TFL) CEO and Co-founder Do Kwon seems to have the support of at least some Terra developers, while trust issues still pose serious challenges to this plan.
In a Monday post and an accompanying Twitter thread, Kwon suggested forking...