Pudgy Penguins’ PENGU token down more than 50% after launch

Fintech is believed to be a “systemic risk” to the broader economy, according to a survey conducted by the United States Depository Trust and Clearing Corporation (DTCC), Dec. 11.20 percent of respondents to the so-called “DTCC Systemic Risk Barometer,” identified fintech among the system risks for the global economy in 2019. The results are up…

As central bank digital currencies continue to be researched and tested by countries across the globe, it becomes more apparent that the United States dollar’s reign might be challenged once the concept is implemented on a regional scale.While most retail CBDCs focus on internal economic matters, some projects aim to facilitate trade relations within a…

The increase in volume came as the price of Bitcoin rose to a new all-time high of more than $61,000 Saturday. 4219 Total views 34 Total shares The volume of transactions in the South Korean digital currency market briefly exceeded the daily average transaction amount of the country’s stock market on Sunday.According to data from…

The Sepolia testnet is the next in line after Ropsten to undergo a merge trial run since its Beacon Chain is now live and ready to give developers valuable information leading up to the real thing. 115 Total views 7 Total shares The Sepolia testnet Beacon Chain has gone live, setting the stage for its…

In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, government and industry officials secured important appointments, while new data shows the popularity of cryptocurrencies and their favored uses in Japan and China. Expert: Bitcoin is most commonly used for remittances in ChinaOn Sept. 11, Cointelegraph Japan reported that Sunny Wang, Japan's representative of Chinese…

The vice chair for supervision seat at the Federal Reserve has been vacant since governor Randal Quarles’ term ended in October 2021. 586 Total views 22 Total shares Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official…

Large-volume trader moves point to concerns that a fresh Bitcoin price dip could still occur. 4820 Total views 18 Total shares Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000.In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume…

But the statement wasn’t without a few bullish predictions for Bitcoin and Ethereum. 5276 Total views 19 Total shares Billionaire entrepreneur Mark Cuban says the cryptocurrency market is “exactly” like the dot-com bubble of the late-1990s and early 2000s. His statement seems to signal that digital-asset valuations may implode once investor exuberance runs out. “Watching the…