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Despite the Crash, Billionaire David Rubenstein Thinks People Will Not Abandon Crypto

David Rubenstein – an American billionaire and Co-Founder of The Carlyle Group – believes crypto’s decline is a normal event since all markets have been down recently. He predicted that…

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Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike

It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted…

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Great Talent, Bad Fit: Kraken CEO Tells “Unhappy” Employees to Commit or Leave

Jesse Powell, founder and CEO of popular cryptocurrency exchange Kraken, recently commented on the company’s latest corporate culture document emphasizing the need for a “crypto-first culture.” Internal Debates on Kraken…

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USDC Stablecoin Records Second-Highest Trading Volume Ever Amid Massive Volatility

As per the latest data compiled by crypto analytic platform, IntoTheBlock, USDC stablecoin recorded its second-highest volume ever. USDC Winning the Tussle ITB said that with Bitcoin and Ethereum going…

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Brazil’s New Proposal Seeks to Recognize Bitcoin, Crypto as Legal Financial Assets

While it’s still early to speculate if Brazil is following in El Salvador’s footsteps, the latest proposal demonstrates the country racing towards meaningfully regulating the crypto industry as adoption reaches…

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Tether Dismantles Rumors, Claims Zero Lending Exposure to Celsius and Three Arrows Capital

Tether – the company behind the leading stablecoin by means of overall market capitalization (USDT) – has publicly dismantled rumors about Asian Commerical Paper backing and more. The downturn in…

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