Tether Recovers After Stabecoin Regains Peg
13.5.2022
The USDT stable coin got itself back up just as Tether’s CTO Paolo Ardoino assured investors that the peg was not broken. The assurance came through a Twitter Space session with Ardoino on Thursday. He also confirmed that Tether has no issues with redemptions, including the $600 million...
Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’
13.5.2022
Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB
Bitcoin and Ethereum Consolidate, ADA, APE, and Multiple Altcoins Rally
13.5.2022
Bitcoin price climbed above the USD 30,000 resistance level and is currently (11:45 UTC) consolidating gains above USD 30,500. BTC jumped almost 7% in a day, trimming its weekly losses to less than 17%.
Similarly, most major altcoins are facing an uphill task. ETH recovered above USD 2,000...
Terra Blockchain Resumes Following 9-Hour Halt
13.5.2022
The Terra blockchain has resumed activity following a halt of around nine hours while validators plotted a route out of its ongoing crisis
No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks
13.5.2022
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts
Forward To Integrate Chainlink To Enhance DeFi Exchange and LBP
13.5.2022
Forward recently announced its integration with Chainlink Price Feeds on BNB Chain to power its DeFi (decentralized finance) exchange and LBP or lending and borrowing protocol. The team also plans to associate itself with Chainlink Keepers to liquidate positions and loans and rollover loans...
Bitcoin gains superior to stocks in the long term, economist says
13.5.2022
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree
Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto
13.5.2022
Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial instability. Hernandez de Cos also mentioned how this...
Bitcoin to the sky: Emirates to accept BTC payments and launch NFT collectibles
13.5.2022
Emirates is embracing new technologies such as the metaverse and NFTs to expand its reach, according to chief operating officer Adel Ahmed Al-Redha
IS Prime Fails To Strike Out Counterclaims of ThinkMarkets
13.5.2022
IS Prime’s attempts to get the counterclaims presented by ThinkMarkets have been rejected by the British Court. According to the documents made available to the press, a vast majority of the counterclaims will not be struck out to further look into for the final judgment. The legal battle...
A Story of Incredible Belief….. How GAIMIN Gladiator’s Acquired Team Tickles!
13.5.2022
It normally takes a newly formed esports team 12-18 months to gel and experience success, however GAIMIN Gladiator’s Dota 2 team only formed in January 2022 and they are already rising in the Dota 2 rankings, qualifying in the Top 14 for the ESL One DOTA 2 Major this May in Stockholm...
The YashaDAO Is Looking To Fund DeFi’s High Potential Projects
13.5.2022
Despite many cryptocurrencies decreasing in price, there are still thousands of cryptos in existence as of May. Although many of these projects have high potential, they often lack the monetary backing and team experience needed to take them to the next level. As a result, cryptocurrencies such...