Russia’s parliament, the State Duma, will debate a crypto regulation bill that was formulated by the Ministry of Finance at the start of the year in the coming weeks, a senior MP has claimed…. Read More: Russian Crypto Regulation Can’t Be Delayed any Longer, Claims Top MP Read more »Pay, Trade, Buy Bitcoin with…
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Cointelegraph Store brings you Pizza Day merch, and luckily you don’t have to spend 10k BTC to get your hands on a piece. Celebrate the 12th Bitcoin Pizza Day together with Cointelegraph. Many crypto bull runs ago, Laszlo Hanyecz, programmer and early Bitcoin (BTC) miner, made history on May 22, 2010, when he traded 10,000…
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The team behind the Terra (LUNA) blockchain has added three revisions to the already published “revival plan” by co-founder Do Kwon – increasing genesis liquidity and decreasing distribution to certain terraUSD (UST) holders. Following the infamous UST stablecoin depeg and a wave of subsequent debate and controversy, Terra has published what they call “an…
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The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted and one of the most important stories happening in crypto right now. Assembled here is a plaintext explanation of what Terraform Labs built, why it got so big, why it imploded, what it means for…
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The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.” TerraUSD (UST) is an algorithmic stablecoin that is pegged at $1.00. But, on the evening of May 19, it was trading for $0.083. This isn’t supposed to happen, of course, but last…
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The study noted that three out of five European respondents declared a 50% growth in their crypto investments. While there are risks associated with crypto investing, some see it as a way to boost their family savings, a recent study commissioned by crypto trading platform BitMEX shows. The survey, conducted by research firm Kantar, tried…
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The finance ministers and central bankers of the Group of Seven (G7), which comprises the world’s most advanced economies, have once again called for the rapid introduction of comprehensive regulations of cryptoassets in the aftermath of the recent UST stablecoin crash…. Read More: G7 Keeps Pushing for Crypto Regulation, Here’s What’s Already Happening Read more…
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Bitcoin price remained well supported above the USD 30,000 level and even tested USD 30,500. It is currently (13:50 UTC) trading near USD 30,300. Similarly, most major altcoins are also consolidating their gains. ETH tested USD 2,050, while XRP is stuck near USD 0.42. ADA is still facing resistance near the USD 0.55 level.…
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Sustainability goals for Bitcoin will be presented to world leaders during the first in-person World Economic Forum since the start of the pandemic. The annual meeting of the World Economic Forum (WEF) is scheduled to take place from May 22–26, marking the first in-person WEF global leadership event since the pandemic began. The annual meeting…
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There is a chance that the much-anticipated Ethereum (ETH) Merge could happen already this August, according to Ethereum core developer Preston Van Loon. He also suggested that effort is being made to complete The Merge before the next difficulty bomb goes off. Asked a variation of the ‘when Merge’ question at the Permissionless conference,…
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