The Block: Powell says the Federal Reserve is tracking crypto market volatility ‘very closely’
Wednesday, 22 June 2022 15:50
Jerome Powell, chairman of the Federal Reserve, told a Senate committee Wednesday that officials at the US central bank are watching the crypto market closely amid a period of heightened volatility. The post Powell says the Federal Reserve is tracking crypto market volatility ‘very closely’ appeared first…
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Blockworks: Will Euro Stablecoins Like EUROC Become Mainstream?
Wednesday, 22 June 2022 16:08
EUROC is the newest euro-pegged stablecoin and experts believe it can gain traction, eventually The post Will Euro Stablecoins Like EUROC Become Mainstream? appeared first on Blockworks.
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BeInCrypto: ‘Deranged Sociopaths’ and Higher Unemployment Can Fix US Economy
Wednesday, 22 June 2022 15:00
The former Secretary of the U.S. Treasury, Larry Summers, said that jobless rates must rise to curb inflation and fix the economy, provoking a robust pushback from the crypto community. The post ‘Deranged Sociopaths’ and Higher Unemployment Can Fix US Economy appeared first on BeInCrypto.
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Bitcoin Magazine: The Bitcoin Customer Service Department
Wednesday, 22 June 2022 13:00
In order to orange-pill the world, Bitcoiners must foster connection and trust, rather than create frustration and division for those who are curious.
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CryptoPotato: BlockFi CEO Provides More Details on the $250M Revolving Credit Taken From FTX
Wednesday, 22 June 2022 13:54
The BlockFi CEO says the $250 million revolving credit agreement with FTX was equal parts of an offensive and defensive move.
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BeInCrypto: Fears Over Decentralized Digital Currencies Coming true, Says BIS
Wednesday, 22 June 2022 14:00
Long-held fears about decentralized digital currencies are now coming to fruition with the recent downturn of the cryptocurrency markets, according to the global umbrella body for central banks. The post Fears Over Decentralized Digital Currencies Coming true, Says BIS appeared first on BeInCrypto.
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BeInCrypto: SEC Commissioner Hester Peirce Says No to Crypto Bailouts
Wednesday, 22 June 2022 10:30
The head of the U.S. Securities and Exchange Commission says bailing out crypto companies is a bad idea and it is better to “let these things play out,” to create a more sustainable industry. The post SEC Commissioner Hester Peirce Says No to Crypto Bailouts appeared first…
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ZyCrypto: With Crypto On Discount, Here’s Why This Is The Perfect Time For Newbies To Enter The Market
Wednesday, 22 June 2022 09:42
The crypto market has grown from strength to strength over the last couple of years, as is highlighted by the fact that by the end of last year alone, the total capitalization of this yet nascent industry had grown to a whopping $3T, albeit for a brief…
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The Block: Citigroup teams up with Metaco to develop digital asset custody platform
Wednesday, 22 June 2022 09:58
The bank will explore custody capabilities for tokenized securities such as blockchain-based bonds and equities. The post Citigroup teams up with Metaco to develop digital asset custody platform appeared first on The Block.
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The Capital: Can you Really Trust the DeFi Network Protocol?
Wednesday, 22 June 2022 08:24
Like most individuals accessing Decentralized Finance, safety is among the most significant concerns, if not the most important. While DeFi has established itself in terms of innovation, some stakeholders are apprehensive regarding how their investment is risked. According to media reports, the number of breaches and rug…
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