Global market maker Citadel Securities and major asset manager BlackRock have denied involvement in the collapse of Terra’s algorithmic stablecoin TerraUSD (UST). The assertions came after a conspiracy theory that alleged Citadel Securities and BlackRock made a coordinated attack on UST and hugely profited from its collapse had spread like wildfire on social media…
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Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said…. Read More: Crypto Adoption Continuing in Developing Countries Despite Price Drop Read more »Pay,…
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Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The report noted at the time that the address “1P5ZED” shows all the tell-tale signs that it’s an exchange platform, but to this very day speculators still assume and…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The US-based crypto exchange Coinbase came in with the top score in CryptoCompare’s latest Exchange Benchmark Report, with a strong team and compliance with regulations making the exchange stand out among its peers. Meanwhile, further industry consolidation is expected, with the possibility of “an oligopoly” forming…. Read More: Coinbase Ranks Top Among Crypto Exchanges,…
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Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles. 11 Crypto Assets Get Reference Rate Treatment From CME Group and CF Benchmarks CME…
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Many crypto companies are taking steps to support Ukrainian users on their platforms, but few are willing to go beyond official sanctions and ban users from Russia altogether despite shocking massacres in Ukraine and the fact that more Russians are supporting this war. … Read More: As More Russians Support Massacre in Ukraine, Here’s…
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Nearly half of the surveyed crypto owners made their first crypto purchase last year, according to a survey commissioned by crypto exchange Gemini. Specifically, some 50% of cryptoasset owners from the US, Latin America, and the Asia Pacific region bought their very first crypto in 2021, the report found. The opinion poll was carried…
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More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021. The number of cryptocurrency owners has massively increased last year, with nearly half of all owners worldwide buying crypto for the first time in 2021, according to a new report. Gemini, a cryptocurrency…
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The UK government is reportedly slated to reveal its crypto regulatory framework in the coming weeks, and it will include a special focus on stablecoins, per anonymous sources cited by CNBC. British Finance Minister Rishi Sunak is expected to make the announcement, CNBC reported, citing four industry sources familiar with the matter…. Read More:…
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