DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.
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Most speculative and leveraged areas of crypto markets now in focus, the bank’s analysts said.
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities of using the layer 2 Lightning Network (LN) as a
Fears of inflation and poor macroeconomic sentiment have caused bitcoin to fail as an inflation hedge in recent weeks.
The Australian Taxation Office (ATO) has published a guideline that sets out warnings for crypto investors on tax obligations around digital assets and NFTs.
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times.
The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST.
Peer-to-peer payments among friends could be a first test case, though no final decision’s yet taken, Fabio Panetta said of the central bank digital currency (CBDC).
The Luna Foundation Guard (LFG), official stewards of Terra’s bitcoin reserves, released a statement today documenting how they disbursed millions of dollars worth of crypto in defense of failed UST stabelcoin’s $1 peg.
Grayscale announced its first European ETF, listing on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra.
Doom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum.
Grayscale is listing its first exchange-traded fund (ETF) in Europe to give investors exposure to companies in finance, technology and digital assets. The fund will trade in the U.K., German and Italy under the GFOF ticker and be open to investors across Europe.