Ethena’s risky path: A synthetic stablecoin cautionary tale

The amount of Bitcoin FTX.US gives is yet to be determined, and will be based on the East Coast time its Super Bowl ad runs. 743 Total views 5 Total shares Cryptocurrency exchange FTX.US will be giving away free Bitcoin as part of its upcoming advertising campaign at the Feb. 13 Super Bowl LVI. However,…

The sentiment in the crypto markets had turned bullish on the news that Chinese President Xi Jinping has called for businesses and government bodies to support the development and adoption of blockchain technology. However, just days after the comments, the Chinese state media warned that support for blockchain should not be interpreted as an endorsement…

South Korea’s rising interest in nascent tech could prompt other nations to take up the idea of metaverse more seriously. 47 Total views 20 Total shares South Korea, a nation known for its strict crypto regulatory stance, is betting big on the metaverse. The government will invest over 223.7 billion won ($177.1 million) directly in…

Those who lost money in a 2016 U.S. crypto exchange heist maybe be entitled to additional recoupment. 539 Total views 9 Total shares Last week, some former users of the now-defunct cryptocurrency exchange Cryptsy received a notice informing them of a new turn in the ongoing class settlement process. Authorized by the U.S. District Court…

It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine.It’s also important to point out that blockchain technology can play an increasingly important role within the healthcare sector. This was…

Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020.Speaking at the World Economic Forum in Davos yesterday, Jan. 23, Garlinghouse reportedly hinted that Ripple would itself be one of those firms to seek a public flotation:“In the next 12 months, you’ll see…

According to Bloomberg analyst Eric Balchunas, the highly-anticipated Ethereum ETFs could launch in the United States by July 23.

Elon Musk's Twitter removed the Dogecoin logo from its home button, pouring cold water on expectations that DOGE payments are coming. 454 Total views 13 Total shares Own this piece of history Collect this article as an NFTThe price of Dogecoin (DOGE) dropped 4.6% to $0.0808 under the influence of a broader crypto market correction…

Former Celsius CEO Alex Mashinsky was charged with seven counts of fraud in connection with “false and misleading statements” about his company, among other things. 328 Total views 3 Total shares Own this piece of history Collect this article as an NFTAlex Mashinsky, co-founder and former CEO of bankrupt crypto lending platform Celsius Network, has…