Maker, now Sky’s, new stablecoin lashed over ‘freeze function’
The new USDS stablecoin from Maker, now Sky, has a freeze function which the project’s founder claims won’t be part of the token at launch.
Related Posts
Binance Now Supports Deposits and Withdrawals in South African Rand
In yet another expansion initiative, Binance adds support for deposits and withdrawals in South African rand. Binance, one of the world’s largest cryptocurrency exchanges, now supports direct transactions in South African rand. Users will now be able to deposit rand into their trading accounts in less than 30 minutes if their bank accounts support “Faster…
SEC U-Turn on ETF Rejection — A Balancing Act for Adoption?
It’s been an interesting couple of days for a number of exchanges which were hoping to get the green light to launch various Bitcoin exchange-traded funds (ETFs). On Aug. 22, the U.S. Securities and Exchange Commission (SEC) released its verdict on nine separate ETFs submitted by three applicants, ProShares, Direxion and GraniteShares. The move denied…
Bitcoin hits 2022 high as analyst gives new $80K BTC price target
$48,000 is hit for the first time this year, with previously cautious commentators increasingly flipping bullish. 1343 Total views 14 Total shares Bitcoin (BTC) gave $48,000 a second grilling on March 29 after a modest overnight correction provided welcome respite from upside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader has "strong doubts" over crash below $30,000Data…
Crypto-centered public companies record profit beating Q2 estimates
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies. 106 Total views 3 Total shares A number of crypto-centred public companies released their quarterly earnings report over the past couple of weeks, sharing increased revenue and a jump in profits across the board. The majority…
AI and real-world assets gain prominence in investor discussions
Additionally, discussions concerning cryptocurrency prices have waned due to market volatility and stabilization. 101 Total views 2 Total shares As nations make progress in promoting the expansion of the artificial intelligence sector, market data from Santiment indicates an uptick in conversations among investors and traders regarding the potential of real-world assets and artificial intelligence. At
Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation
His comments were in line with Federal Reserve Chairman Jerome Powell, who mentioned that inflation was rising along with supply issues. 1380 Total views 13 Total shares Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation.With the United States…
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move. 387 Total views 4 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud Wallet platform in May 2023 citing ‘strategic and product…
Privacy, scaling drives use cases for zero-knowledge technology
A quarterly report focused on zero-knowledge (zk) technology indicates that privacy, scaling and identity solutions are major drivers of adoption in the blockchain space.Validator service provider zkValidator report's titled 'The State of ZK' delves into insights from the zk space, highlighting major and emerging use cases, research, product launches and notable investment rounds.The key takeaway focuses on…