The proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it. 85 Total views 4 Total shares The United States Securities and Exchange Commission (SEC) maintained its perfect record for rejecting Bitcoin (BTC) spot exchange-traded fund (ETF) applications Friday when it disapproved a rule […]
Bitcoin (BTC) clung to $29,000 at the May 27 Wall Street open as crucial support levels lay just hundreds of dollars from spot price. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader demands higher low above $28,000 Data from Cointelegraph Markets Pro and TradingView confirmed volatility once again waning in a frustrating week’s price action. BTC/USD […]
The proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply. 4703 Total views 57 Total shares In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, Terra founder Do Kwon […]
The dev partner of the Solana-based NFT game raised the royalty to 98% from the usual 5%, resulting in the scammer listing the 25 stolen NFTs for sale, which were then bought back and returned. 1955 Total views 37 Total shares Tales of traders getting scammed out of their nonfungible tokens were quite common at […]
As the dust settles on the cataclysmic collapse of the Terra ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways. The cryptocurrency ecosystem was awash with varying speculatory theories around the cause of Terra’s algorithmic stablecoin UST’s decoupling from its $1 peg. The who and why seemed a mystery […]
“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. 1609 Total views 29 Total shares Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg, JPMorgan conducted a […]
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.” 2872 Total views 69 Total shares Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) […]
Would be owner Elon Musk plans to shake the crypto spammers out of Twitter, disputing their claims that fake accounts only account for 5% of the total. 50 Total views 2 Total shares Spam and bots have been the bane of anyone that uses the internet for years, but recently this digital scourge has ramped […]
Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk’s TED talk to prey on unwitting social media users. 5771 Total views 79 Total shares Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam. Originally shared on Twitter, the video in question was a deepfake of Musk purportedly […]
A Lego Group vice president believes the Metaverse will be a disruptive force that will change the way people learn things, especially children. 1093 Total views 35 Total shares The Metaverse and Web3 dominated discussions on the fifth day of the ongoing World Economic Forum (WEF). The panel discussion “The Possibilities of the Metaverse” featured […]