Business

US Federal Reserve says stablecoins are risky as UST goes down
-
12 May, 2022

US Federal Reserve says stablecoins are risky as UST goes down

The over-concentration of the stablecoin markets was also highlighted, with the trio of Tether (USDT), USD Coin (USDC), and Binance...
Philippines SEC issues warning vs yet another digital asset pyramid scam
-
12 May, 2022

Philippines SEC issues warning vs yet another digital asset pyramid scam

Just days since it issued a warning against Leefire, the SEC says that the same activities are now being propagated...
LUNA and UST crashed again, raising questions about stablecoins
-
11 May, 2022

LUNA and UST crashed again, raising questions about stablecoins

LUNA and UST prices on Terra plunged this week, prompting major exchanges like Binance to suspend transactions in these assets.
Coinbase loses $430 million, blames ‘irrationally pessimistic’ customers
-
11 May, 2022

Coinbase loses $430 million, blames ‘irrationally pessimistic’ customers

Cryptocurrency exchange Coinbase lost close to half-a-billion dollars in the first quarter of 2022, which helped push its stock price...
NFTs and metaverse—where’s the utility?
-
11 May, 2022

NFTs and metaverse—where’s the utility?

In the upcoming BSV Global Blockchain Convention Dubai 2022 this May 24 - 26, let's look at how both NFTs...
Jack Dorsey and Michael Saylor send letter to EPA defending BTC mining
-
11 May, 2022

Jack Dorsey and Michael Saylor send letter to EPA defending BTC mining

A group of influential BTC investors, including Michael Saylor and Jack Dorsey, recently sent a letter to the EPA outlining...