EU watchdog warns about the risk of a bank run on stablecoins
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Block’s Q4 Bitcoin revenue down 7% on crypto price decline
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines. 389 Total views 17 Total shares Own this piece of history Collect this article as an NFTJack Dorsey’s payment company Block Inc. reported $1.83 billion of Bitcoin (BTC) revenue from its Cash…
Cypherium to Assist China in Advancing Blockchain City Infrastructure
Suzhou City, one of major cities that successfully piloted China’s central bank digital currency, signed a MoU with the Cypherium blockchain platform. 191 Total views 4 Total shares Cypherium, the enterprise-level blockchain platform, is going to contribute to the blockchain development of a major Chinese city.A partner of global tech giants like Microsoft and Google,…
dYdX founder claims targeted attack led to $9M insurance claim
dYdX founder Antonio Juliano said that the decentralized exchange as well as the Yearn.Finance token (YFI) are victims of a targeted attack. 318 Total views 2 Total shares Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov. 17. According to dYdX founder Antonio Juliano
Bitcoin does not make a great deal of sense, according to billionaire Lee Cooperman
The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value. 627 Total views 9 Total shares By his own admission, Lee Cooperman still does not understand Bitcoin, despite BTC being up more than 300% since early December 2017.Speaking to CNBC on Thursday, the…
Grayscale CEO: BlackRock ETF filing a ‘moment of validation’ for Bitcoin
BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein. The recent tsunami of spot Bitcoin (BTC) exchange-traded fund (ETF) filings should be seen as a “moment of validation” for Bitcoin, says Grayscale Investments CEO Michael Sonnenshein.During a July 12 interview on CNBC’s Last…
Pantera CEO: Crypto market ‘panic’ is subsiding, now’s the time to buy
The Pantera boss cited three primary reasons why crypto markets dumped a trillion dollars in market cap. 515 Total views 5 Total shares The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”.In the monthly newsletter published on…
Huobi to delist Monero and other privacy coins, citing regulatory pressures
The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins. 389 Total views 3 Total shares Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies (AECs).The exchange announced that it had terminated the trading service of…
What is an NFT and why are they so popular?
Nonfungible tokens continue to captivate mainstream audiences around the world as Web3 technology grows at a rapid pace. 163 Total views 25 Total shares Nonfungible tokens (NFTs) have been part and parcel of the cryptocurrency space for the last couple of years. Still, their value and utility across several industries have driven their proliferation into…