Business

LUNA and UST crashed again, raising questions about stablecoins
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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
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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?
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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
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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...
Dubai virtual assets regulatory body launches sandbox-based metaverse HQ
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11 May, 2022

Dubai virtual assets regulatory body launches sandbox-based metaverse HQ

MetaHQ is a virtual office in sandbox—a blockchain-based 3D virtual open world, which will enable the regulator to have first-hand...
Valkyrie gets green light for BTC futures ETF filed under ’33 Act
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11 May, 2022

Valkyrie gets green light for BTC futures ETF filed under ’33 Act

The U.S. securities regulator approved Valkyrie's XBTO BTC Futures Fund to list on the Nasdaq Stock exchange as an ETF,...