If your country has adopted a CBDC, you might be suffering
New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.
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Why did Terra LUNA and UST crash? | Find out on The Market Report
On this week’s special episode of “The Market Report,” Cointelegraph’s resident experts discuss the Terra ecosystem meltdown. 2485 Total views 9 Total shares Cryptocurrency investors never thought they’d have to ask whether TerraUSD (UST) or LUNA would reach $1 first. On Wednesday, that question became the talk of the cryptosphere as the Terra ecosystem imploded. As…

Swiss Regulator FINMA Concludes That Mining Firm Envion’s ICO Was Unlawful
The Swiss Financial Market Supervisory Authority (FINMA) has finished enforcement proceedings against crypto mining firm Envion AG, the authority announced on March 27.As a result of the investigation launched in July 2018, FINMA concluded that Envion’s initial coin offering (ICO), which closed in early January 2018, was unlawful.Envion, a blockchain firm that claims to provide…

Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says
Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association. 251 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is…

Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
Yuga Labs accelerates Otherside plaNonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse.Yuga tweeted the news on July 31 saying the impending acquisition was to “execute our expansive vision” for Otherside.An accompanying release said Roar Studios' founder and chief Eric Reid…

Bitcoin can see $55K breakout if last major BTC price resistance is broken — Analyst
A short squeeze could send BTC/USD far beyond $50,000 if the $48,000 sell wall crumbles. 2272 Total views 84 Total shares Bitcoin (BTC) touched $47,000 on Tuesday as ranging behavior continued to hint at an attack on major resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewVolatility narrows for BitcoinData from Cointelegraph Markets Pro and TradingView showed BTC/USD…

Crypto-Italy: Institutions, Politics, Business and Society
Between May 23 and 26, 2019, the European Union’s citizens are renewing their continental parliament. Among the countries that will participate in the poles is Italy (voting on May 26) — one of the founding members of the EU, alongside France, Germany, Belgium, Netherlands and Luxembourg. Due to the very nature of cryptocurrencies, it's tough…

Thai lawmakers urged to approve tourism crypto to entice digital nomads
The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures. 1380 Total views 41 Total shares A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media.…

Here’s what happened in crypto today
Today in crypto, a video of Vitalik Buterin interacting with a robot has caught the crypto industry’s attention, Kalshi prediction market files lawsuits against gaming regulators in New Jersey and Nevada, and David Pakman said a $1 trillion stablecoin supply combined with yield-bearing crypto ETFs may provide the next crypto market catalyst for 2025. Vitalik