Tether CTO Paolo Ardoino has now responded to a 27th June report by The Wall Street Journal that hedge funds have short bets on the Tether stable coin USDT with the crypto brokerage Genesis Global Trading. The article cites Genesis […]
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Luna Classic, which was previously known by the name Luna, jumps around 36% despite the turbulent market conditions. The cryptocurrency saw a volume of around $222 million in the last 24 hours. Its current ranking by market capitalization is 214, […]
A new report has found that the global high rollers are spending more money than ever on cryptocurrencies, which have become a major part of the rich individual’s investment portfolios. The claim was made in a wealth management study from […]
The plummeting of the market and loss of billions of dollars from the market have influenced the crypto-based companies to take hard decisions and be hostile to survive the market situations. Many renowned crypto exchanges, such as Coinbase, are resorting […]
Coinbase, one of the world’s leading cryptocurrency exchanges, has let go of 18% of its workforce in the backdrop of losses hitting the digital assets sector. The company has backed its decision by calling it a cost-cutting measure in these […]
BNB, which is the native token of Binance, has caught the attention of the US Securities and Exchange Commission (SEC), which has revealed an investigation to check if its launch was legit or not. The SEC wants to make sure […]
Marc Andreessen, billionaire technology enthusiast turned Venture Capitalist, said Web3 and its underlying blockchain technology remind him of the rise of the early interest. Andreessen, as of now, is the co-founder of the blockchain-focused VC firm Andreessen Horowitz (a16z), originally […]
26th May 2022: Yesterday, the European Central Bank published the results of a new survey which is being conducted in the six Eurozone areas: France, Spain, Italy, Netherlands, Belgium and Germany. Together, approx. 10% of the respondents from the surveyed […]