Here’s why US debt is out of control — and Japanese debt isn’t
Japanese debt might be high, but it isn’t comparable to American debt, which is set to trigger a financial implosion — and light a spark under Bitcoin.
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Life after crypto biz: Retrenched staff ponder future in the job market
Bleak market prospects continue to afflict the cryptocurrency ecosystem as prominent firms face the tough reality of reducing their workforce to ensure their long-term viability. Nonfungible token (NFT) marketplace OpenSea has established itself as an industry leader in its category. Still, its own success has not been enough to weather the potential length of the so-called…

Decentralized Web Protocol IPFS Has Its Biggest Update So Far
Decentralized file- and web-hosting protocol InterPlanetary File System (IPFS) announced its largest upgrade so far.According to an announcement shared with Cointelegraph, the developers will release IPFS version 0.5. on April 28. IPFS 0.5 reportedly makes uploading new data 25 times faster, fetching content two to five times faster, while finding nodes that have it will be…

Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market. 196 Total views 1 Total shares Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent…

Why DeFi plus asset tokenization will take crypto to new heights
In previous years, we have seen numerous attempts to bring real-world assets to the crypto market. However, none of them has proven to be massively adopted among retail crypto users and traditional financial players.So, why hasn’t real-world asset tokenization become a massive trend?You’ve probably heard how almost anything can be tokenized — securities, art, real…

Bloomberg: Puerto Rico’s Noble Bank Reportedly Loses Clients Tether, Bitfinex, Seeks Buyer
Puerto Rico’s Noble Bank International, which is known for reportedly opening accounts for USD-backed token Tether and crypto exchange Bitfinex, is allegedly searching for a buyer, Bloomberg reports Thursday, October 2.Citing an unnamed person familiar with the case, Bloomberg reports that Noble Bank has lost Tether and Bitfinex as clients, among others, and is currently…

Bitcoin price rejects at $28K as analysts eye CME futures gap dip
BTC price action sees weakness a day from the May monthly close, with Bitcoin analysts closely monitoring bid liquidity. 338 Total views 2 Total shares Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin pauses into…

20M JavaScript devs can now build applications on NEAR: KBW 2022
“A student can build an app without needing to learn new languages without needing to learn new skills,” said NEAR founder Illia Polosukhin. 241 Total views 3 Total shares 20 million JavaScript developers will now have the ability to write blockchain smart contracts and build applications on the NEAR Protocol, after rolling out JavaScript Software…

CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said. 1272 Total views 37 Total shares Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto,…