In March, Federal Reserve Chairman Jerome Powell said it's “easy to see the risks” of cryptocurrencies, and warned that central banks “don’t know how some digital products will behave in times of market stress.”What they have seen lately will not giv
Elon Musk continued to boost Dogecoin on social media even as one investor sued him for $258 billion, accusing him of masterminding a pyramid scheme to support the cryptocurrency. Small Business...
Although the cryptocurrency market is evolving, it still remains something of the Wild West of the investing world. Even the largest and oldest cryptos, like Bitcoin and Ethereum, are notoriously...
After a series of apparent collapses, defaults and liquidity crises across protocols like Terra and crypto-affiliated lending platforms and hedge funds, we’re seeing the first signs of what is likely to be a wave of legal action from users and investors who lost money.But t
If you still think cryptocurrency can thrive best within the ambiguous, ill-defined, geographically varied and relatively lax regulatory system, you haven’t been paying attention.With the spectacular failures of TerraForm Labs’ LUNA/UST and Celsius, the systemic fallo
Binance.US announced it is cutting several Bitcoin trading fees, which brought the stock of several of its rivals down -- including Coinbase. The move, amid a crypto winter which led to massive...
Terra’s dramatic meltdown has sent ripples across the blockchain space, bringing its total market cap down by billions of dollars. The crisis was not lost on the powers that be, with G-7 finance ministers said to be pushing the pedal to the metal on crypto regulation.
There’s something of a truism that the real work of industry gets done during bear markets. In fact, just today a Bank of England deputy governor said that crypto projects that survive this “crypto winter” could become “tomorrow’s Amazons and eBays.&
Cryptocurrency has risen in popularity in recent years, but many people still don't understand it. A 2021 survey conducted by Crypotliteracy.org found that 96% of Americans can't pass a basic crypto...
In this article, we will discuss the impact of this legislation on fiat backed stablecoins and those that are either collateralized with other assets, or not collateralized. We will also discuss the impact to current and future stakeholders in the web3/crypto space at large.
If you meet someone who dabbles in non-fungible tokens, chances are good that person trades crypto as well. Both crypto and NFTs are based on the same software and technology, both entered the public...
Cryptocurrency has often been touted as a way to decentralize our finances (DeFi), freeing money from the throes of government control. And while crypto does have its benefits, it can also be...
How many crypto billionaires will there be? Rhys Lindmark, CEO of Roote, a nonprofit startup studio, answered this question at Consensus 2022 in Austin, Texas."By 2025, or 2030, 20% of all billionaires will be crypto billionaires,” he said, if bitcoin hits $200,000. Drillin
New data this morning showed inflation in the United Kingdom has hit 9.1%, beating out the rates in the U.S., Italy, France and all other G7 nations. That highlights a possible disconnect between the rationale behind tightening U.S. monetary policy and the actual causes of ongoin
Originally known as the Matic Network, Polygon was created to scale Ethereum and improve the infrastructure. It is an India-based project aiming to make transactions cheaper and quicker on the...
Amp is a digital collateral token that was first introduced in September 2020. Its price has seen significant volatility since then. At its current price of $0.009071, it sells for over 23% less than...
