Crypto World News
Crypto World News
With the recent turmoil in the crypto-world, many believed that doomsday was near. However, many scholars feel otherwise about Bitcoin (BTC). Robert Kiyosaki, an investor, entrepreneur, and author of a number of blockbuster books on financial markets and financial literacy,…
Binance US announced on Thursday that Krishna Juvvadi has joined the company as vice president and head of law. Juvvadi comes to the exchange forum from Uber, where he was the global head of operations compliance. Early in his career,…
Delphi Digital, crypto-focused research and investment firm has published a post-mortem on the losses incurred by the collapse of TerraUSD (UST) algorithmic stablecoin last week, concluding that “something like this was always probable.” Delphi wrote late Wednesday on its blog, “We…
Nobel Prize-winning economist Paul Krugman criticized organizations for leaping onto the blockchain hype, in a recent tweet. People want to cash in on the new catchphrase by flacking “blockchain something.” “Blockchain vitamin supplements next?” a Netizen joked. Other users mentioned “AI” and “cloud,”…
After Terra lost nearly all of its value in a week, three distinct exchange-traded product (ETP) issuers stated they would stop trading and issuing shares in LUNA-related investment vehicles. In Europe, VanEck, Valour, and 21Shares, which all offer luna ETPs,…
Terra (LUNA) is in a headlong fall, having lost about 98% in less than 24 hours, causing panic and anxiety in the market as well as among investors. According to CoinMarketCap data, LUNA fell below $1 and touched $0.08384 from a…
Justin Sun, the founder of Tron, has announced a $2 billion reserve to defend TRX from rising short interest. Many crypto leaders are announcing plans and measures to counter the cryptocurrency carnage as it intensifies. Do Kwon, the founder of…
The International Monetary Fund (IMF) warned in a review published Monday that the Bahamas’ central bank digital currency (CBDC), known as the sand dollar, requires broader reach and security to meet its goals. The IMF stated in an assessment of…
Nouriel Roubini, the famously anti-cryptocurrency economist, has begun working on a token that will be a more durable dollar, in his opinion. Roubini and his Atlas Capital Team LP team acknowledge that the dollar’s standing as the world’s reserve currency may…
Yet another cryptocurrency fraud has come to light. The US Department of Justice reported Friday, 6 May 2022, that Mining Capital Coin CEO and founder Luiz Capuci Jr. was charged with reportedly masterminding a $62 million global investment fraud scheme using…