The major US crypto exchange Coinbase launched the beta version of its new Coinbase One product that offers trading with zero fees on a subscription-based model. The new product has already been rolled out to selected users in beta mode, Coinbase said on its website, adding that the users in question have received emails…
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High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention. On Friday, Do Kwon, founder and CEO of Terraform Labs (TFL), which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated 12 million LUNA ($1.1 billion at the time of…
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Popular commentator and veteran trader Peter Brandt gave advice to Gen Zers on Thursday and said that they should contribute savings to bitcoin and stocks of solid companies. In the same Twitter thread, Brandt noted that “crypto is still unproven,” but also said that those that know him best, know he’s been “bullish for years.”…
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Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in…
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The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets…
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Over 7,000 decentralized applications (dapps) are currently operating on the Ethereum (ETH) network. However, the Ethereum network was not originally designed for such a workload. Ethereum dapps have suffered from the chain’s scalability issues, which have caused transaction speeds to slow down and gas fees to skyrocket. Layer-2 scaling solutions are being deployed to…
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The report asserts that digital assets can fundamentally alter how fans consume sports and interact with their favorite teams. Nonfungible tokens, or NFTs, and digital assets are one of the ten major trends within the sports industry, according to the consultancy Price Waterhouse Coopers’, or PwC, Sports Outlook 2022 report for North America. From altering sports technology…
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This move follows various other banking veterans making the change from Wall Street to crypto ventures. Alex Kriete, Co-Head of Digital Assets at Citi, announced his resignation from the banking giant after 11 years at the firm on March 10 via LinkedIn. He stated in his post that he intends to devote himself full-time to developing…
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IMX price rallied by 50% after the successful completion of a $200 million Series C funding round and the influx of new projects planning to launch on the layer-2 NFT solution. Non-fungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few…
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Gabriella Legrenzi, Senior Lecturer in Economics, Keele University; Reinhold Heinlein, Senior Lecturer in Economics, the University of the West of England, and Scott Mahadeo, Senior Lecturer in Macroeconomics, the University of Portsmouth.______ … Read More: Ukraine War and the Financial Markets: the Winners and Losers So Far Read more »Pay, Trade, Buy Bitcoin with Credit…
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