Tag: cointelegraph

Jun 12
Innovation in fiat on-ramps can overcome crypto’s expensive card fees

Being in crypto is all about taking an intelligent view towards money. We know that Bitcoin (BTC) is the future, both as a store of value and also as a means of payment, as layer 2 solutions such as the Lightning Network begin to flourish. It is, therefore, vital that every cryptocurrency user makes sure […]

Jun 12
Bitcoin and banking’s differing energy narratives are a matter of perspective

The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the emissions generated due to a company’s cash and investments, such as cash, cash equivalents and marketable securities. The report revealed that for […]

Jun 12
Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity. 1904 Total views 5 Total shares Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing […]

Jun 10
Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB

The United States equities markets tumbled on June 10 after the Consumer Price Index (CPI) report showed inflation soaring 8.6% from a year ago, the highest increase since 1981. The latest figures show that talks of inflation having peaked were premature and according to Bloomberg, investors are pricing in the key interest rate of 3% by […]

Jun 10
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge. 1483 Total views 26 Total shares Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering 8.6% year-over-year increase, the highest print since […]

Jun 10
Bitcoin miners say NY ban will be ineffective and ‘isolate’ the state

Two Bitcoin miners have told Cointelegraph that if the bill banning proof-of-work (PoW) mining for two years in New York becomes law, it would end up triggering an exodus of mining companies from the state and do little to address the intended goals of the moratorium. GEM Mining CEO John Warren told Cointelegraph on Wednesday […]

Jun 10
Global Bitcoin adoption to hit 10% by 2030: Blockware report

The adoption of Bitcoin (BTC) could occur more rapidly than the adoption of past disruptive technologies such as automobiles and electric power, with global take-up likely to hit 10% by 2030 according to a new report. In its June 8 report, Blockware Intelligence said it arrived at this forecast by examining historical adoption curves for […]

Jun 10
Bloomberg Terminal supersizes its crypto coverage: 40 more coins

Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market. 633 Total views 24 Total shares Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets after a decision to include data on the top 50 crypto […]

Jun 10
Alibaba Cloud launches NFT solution… then quickly memory holes it

The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online. […]

Jun 09
Appeals court rules Do Kwon, Terraform Labs must heed SEC subpoena served in September

The U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse. 1013 Total views 46 Total shares The United States Court of Appeals for the Second Circuit on Thursday rejected Terraform Labs CEO Do Kwon’s dispute of a subpoena by the Securities and […]