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Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’
1.5.2022
Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,”...
Is Web3 like playing Minecraft?
1.5.2022
Web3 is coming. Are you ready for it? Use the newest version of the internet and expand your whole online experience
Global Investment Bank Goldman Sachs Offers Its First Bitcoin-Backed Loan
30.4.2022
Global investment bank Goldman Sachs has reportedly offered its first-ever loan backed by cryptocurrency. The cash loan was collateralized by bitcoin owned by the borrower. A spokesperson for Goldman Sachs explained that the deal is interesting to the investment bank due to its structure...
The Latest Sims 4 Update Is Trolling Players With An Unexpected Demon
27.4.2022
Picture your worst nightmare. Really allow yourself to round out each gruesome detail. Feel your heart race, then step back to reflect on what you’ve created. I’m guessing it’s not a Sim with a cell phone, but somehow, developer Maxis has managed to turn that innocuous image into a menace to Sims...
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
27.4.2022
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local...
What is impermanent loss and how to avoid it?
25.4.2022
Read this guide to understand the risk, known as impermanent loss (IL), that liquidity providers take in exchange for fees earned in liquidity pools
Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin
24.4.2022
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings....
Why does Ethereum have an intrinsic value?
24.4.2022
Ethereum’s rise means it has an intrinsic value. This article explores the cryptocurrency’s main features that add value to its offering
Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’
22.4.2022
On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage. Metamask...
How Web 3.0 apps must adapt to become next-gen of tech, explained
22.4.2022
As the world looks for convenience, decentralized applications must quickly adapt their offerings to meet user expectations set by Web 2.0
What are wash trading and money laundering in NFTs?
18.4.2022
The simultaneous purchase and sale of crypto assets is called wash trading. Read this guide to understand the purpose of a wash trade
The integration of CeFi and DeFi through Binance Bridge 2.0
17.4.2022
Read this guide to learn how to bridge assets from any blockchain to BNB Chain using Binance Bridge 2.0
Crypto is going mainstream: Here’s how the future founders will build on it
17.4.2022
Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas?
Bitcoin spot vs. futures ETFs: Key differences explained
16.4.2022
Crypto enthusiasts and the government have long contended over the Bitcoin ETF. Let’s examine Bitcoin spot vs futures ETFs
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
14.4.2022
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus...
Tesla’s Elon Musk Offers to Buy Twitter for $41 Billion, Says He Wants to Make It a Private Company
14.4.2022
Tesla billionaire Elon Musk has offered to purchase Twitter for $41.4 billion, according to a Securities and Exchange Commission (SEC) filing published on Thursday. Musk also explained in his note that he believes Twitter should be a private company and he decided he wants “to acquire...
Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis
13.4.2022
Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform Labs CEO explained in a tweet. Terra Bridge Adds 5 New Chains On April 12, 2022...
India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor
9.4.2022
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. ”I think central banks would go about it in a very calibrated, graduated manner, assessing impact all along the line,”...
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
8.4.2022
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA...
Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’
8.4.2022
On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments...