Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
16.5.2022
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to...
What really goes on at a crypto OTC desk?
16.5.2022
Voyager Digital Raises $60M in Private Placement Led by Alameda
16.5.2022
The crypto trading platform said it expects to have liquidity of over $225M after the offering is completed
Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents
16.5.2022
Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents
The NFT Market Valuation Will be Determined by Utility Once the Dust Settles
16.5.2022
The Non-fungible tokens (NFT) market has taken the crypto ecosystem by storm; it is currently one of the hottest areas of innovation. Last year, NFT sales skyrocketed to hit $25 billion, marking the largest growth since the debut of Crypto Kitties back in 2017. While things have slowed down due...
21Shares Lists New Crypto ETPs to Create Scope
16.5.2022
The crypto investment platform 21Shares Introduced a couple of new Exchange Traded Products (ETP) as it plans for an expansion. The Layer-1 and decentralized finance ETPs launch are expected to let investors partake in the global web3 revolution. 21Shares is an ETP provider based in...
Metaverse Games – Storing and Selling Game Assets
16.5.2022
Metaverse gaming is still a relatively novel concept, but companies are rushing to create revolutionary games that incorporate elements like the Blockchain, NFTs, VR gaming, augmented reality, etc. These innovations are already enabling us to move closer to the internet of tomorrow — Web3. There...
What Is the Future for NFT’s?
16.5.2022
With the increasing interest in all things Metaverse market is gradually beginning to create virtual worlds and economies with much more close mirror our own, which the NFT has become the poster child for. Any real-life item, be it a favorite pair of trainers or even photo identification, can...
CBDC activity heats up, but few projects move beyond pilot stage
16.5.2022
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week
16.5.2022
Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. Overall, bitcoin was trading marginally below $30,000, with ETH hovering slightly above $2,000. Bitcoin BTC started the week trading below $30,000 following...
Onliners Metaverse: Connecting People In a Journey Towards Metaverse!
16.5.2022
Eyes are rolling at the seemingly silly hype going on about NFTs (non-fungible tokens) at the moment. The startup that launched one of the biggest NFT collections recently received a valuation of $4 billion, leaving many wondering what the excitement is all about. All in all, there is no denying...
Terra's Do Kwon Liquidated the South Korean Arm of Terraform Before LUNA & UST Crisis
16.5.2022
New reports fuelled speculations that Do Kwon (real name Kwon Do-hyeong) may have been aware of a storm brewing for the terra (LUNA) platform – and that the Terraform Labs mastermind may have taken action to dissolve domestic parts of his company as early as last month in anticipation....
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