Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express

TerraUSD (UST) is an algorithmic stablecoin that is pegged at $1.00. But, on the evening of May 19, it was trading for $0.083.This isn’t supposed to happen, of course, but last week UST, along with its affiliated coin Terra (LUNA), performed a sort of death spiral that “wiped nearly $50 billion of investor wealth in…

September turns out to be anything but boring for Bitcoin as shorts lose big on a fresh move above the $50,000 mark. 212 Total views 2 Total shares Bitcoin (BTC) swiftly reclaimed $50,000 on Sep. 2 as bears felt maximum pain and lost hundreds of millions of dollars.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sparks…

SOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190.

Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data. 245 Total views 2 Total shares On May 31, Tether (USDT) tokens issued on the Tron blockchain reached another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for over 60% of USDT’s circulating supply. The…

Ripple's case before the Securities and Exchange Commission is threatening to have major, well, ripple effects for the industry.On Jan. 29, Ripple Labs filed its response to the SEC's complaint. Ripple, as it has many times before, argued that XRP is not a security i.e. an investment in Ripple and is therefore not in the…

In my two-decade career at Microsoft, leading .NET platform architecture, visual studio .NET development, application platform, enterprise strategy and Microsoft Digital, I have been part of building technologies for multiple waves of platforms: the early web, service-oriented architectures, the so-called Web 2.0, and more recently, the Cloud.While there is no doubt that previous waves of…

WIF has entered the breakout stage of its prevailing BARR Bottom pattern, with Solana ETF hype furthering the memecoin's upside outlook.

The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. 859 Total views 35 Total shares The Bank of Ghana (BoG) remains committed to piloting a central bank digital currency (CBDC), the bank’s first deputy governor has said.Dr. Maxwell Opoku-Afari made the comment during a virtual…

The final Beatles song “Now and Then” has been released and made possible with a little help from AI to produce John Lennon’s vocal track. 206 Total views 6 Total shares The Beatles have released what they’re calling their “last song” featuring vocal tracks of the late John Lennon developed with the assistance of artificial