ZyCrypto: Russia Turns To Stablecoins In Droves As Sanctions Bite Even Harder
Saturday, 15 October 2022 20:58
Russians have hopped on stablecoins to circumvent Western sanctions to send trading volumes to new highs. The decision by SWIFT to kick out Russian banks from the network plays a role in the spike in stablecoin use. A recent study shows that Eastern Europe has recorded the…
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ZyCrypto: RBI Releases Concept Note on Its CBDC, Pilot Project is in the Offing
Saturday, 15 October 2022 21:08
On Friday, the Reserve Bank of India (RBI) released a concept note on the planned launch of CBDC or digital rupee this year. It said a pilot project with specific use cases would be launched without giving a timeline. Indian Finance Minister Nirmala Sitharaman, in the annual…
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CoinCodex: Algorand is Predicted to Reach $ 0.373178 By Oct 20, 2022
Saturday, 15 October 2022 22:05
Algorand is predicted to increase 15.02% in the next 5 days and hit a price target of $0.373178 per ALGO. Check out today's Algorand price prediction to learn why.
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The Block: FTX CEO backs knowledge test for trading wide range of derivatives
Saturday, 15 October 2022 23:57
FTX founder Sam Bankman-Fried supports knowledge tests and disclosures beyond cryptocurrency derivatives markets. The post FTX CEO backs knowledge test for trading wide range of derivatives appeared first on The Block.
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The Block: Meta falls short of user goal for Horizon Worlds: WSJ
Sunday, 16 October 2022 01:18
Meta adjusted its goal to reach 500,000 monthly active users for Horizon Worlds to 280,000 as current levels fall below 200,000. The post Meta falls short of user goal for Horizon Worlds: WSJ appeared first on The Block.
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The Block: ‘We end up winning more’: Anchorage boss Mónica sees bank charter as key to weathering crypto winter
Sunday, 16 October 2022 08:00
Crypto startup Anchorage is weathering the bear market without dipping into its $350 million in fresh funding, thanks to its bank charter. The post ‘We end up winning more’: Anchorage boss Mónica sees bank charter as key to weathering crypto winter appeared first on The Block.
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CryptoPotato: How a Hacker Got Paid $50 Million for Exploiting a DeFi Protocol
Sunday, 16 October 2022 11:22
The Mango Markets hacker claimed everything he and his supposed team did was legal and a part of a profitable trading strategy.
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cryptodaily.co.uk: Tether Cuts $30 Billion Of Commercial Paper From Reserves
Friday, 14 October 2022 08:53
The world’s largest stablecoin, Tether, completed a significant milestone today, announcing that it had slashed its commercial paper holdings to zero. According to a blog post, the commercial paper holdings have been replaced by U.S. Treasury bills. The move sees $30 billion of commercial paper removed from…
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cryptodaily.co.uk: Solana (SOL) and Polygon (MATIC) Investors Eye Up Flasko (FLSK) Presale
Thursday, 13 October 2022 18:15
Solana (SOL) and Polygon (MATIC) have surged to the top 20 cryptocurrencies by market capitalization in light of their astronomical rise – in no small part driven by their utility. However, like most cryptocurrencies, Solana (SOL) and Polygon (MATIC) face a long, hard road to recovery after losing…
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The Daily Hodl: U.S. Securities and Exchange Commission Opening Investigation Into Bored Ape Yacht Club NFT Creators: Report
Wednesday, 12 October 2022 19:55
Federal regulators are reportedly investigating the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection for potential violations of federal laws during the sale of digital assets. Citing an unnamed source familiar with the matter, Bloomberg reports that the U.S. Securities and Exchange Commission…
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