TRON DAO Reserve Withdraws 2.5 Billion TRX From Binance to Safeguard USDD Peg
The last thing Justin Sun – founder of TRON – would like to see is the UST-Terra fiasco being repeated again on his stablecoin project USDD. The confident founder, who…
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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…
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…
Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash
Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an “extreme fear” state. In fact, the metric is at its…
Bitcoin Price May Soon Plunge to $13K: Explains Peter Brandt
Peter Brandt – a veteran derivatives trader – believes that Bitcoin’s price is likely to keep plunging. Meanwhile, the cryptocurrency seems to be at a tipping point, trading slightly above…
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…
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…
Bill Gates Believes Crypto and NFTs Are Based on the Greater Fool Theory
The American business magnate and Co-Founder of Microsoft – Bill Gates – blasted non-fungible tokens (NFTs) for not providing any use-cases to society. In his view, cryptocurrencies and digital collectibles…
Crypto Market Sheds $80B in Hours: BTC Struggles at $20K, ETH Amid $1K (Market Watch)
The adverse price movements in the crypto markets just don’t seem to stop as bitcoin took another leg down and is close to breaking below the $20,000 mark. Some altcoins…
Arizona State University to Step Into the Metaverse
Arizona State University (ASU) – one of the biggest public universities in the States – intends to join the Metaverse and Web3 ecosystems. It also plans to release non-fungible tokens…
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