Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street...
Month: May 2022
Vitalik: L2 transaction fees need to be under 5c to be ‘truly acceptable’
Despite Layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly...
Bitcoin Price Prediction for Today May 3: BTC Price Falls but Unable to Break Above $39.2K
Bitcoin Consolidates Above $37.4K but Unable to Break Above $39.2K – May 3, 2022 After losing the $40,000 psychological price...
Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore
An executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves...
Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well in the Long Term’
Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in...
Here’s How to Purchase Your First NFT Domain on Quik․com
Minting of NFT domains with exclusive TLDs like .chain, .metaverse, .vr, .doge, .shib, .bored is now live on the Quik’s...
Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice...
Crypto.com slumps 30% as staking rewards are slashed
The world’s sixth-largest exchange has shot itself in the foot by announcing substantial reductions in rewards for its Visa cardholders,...
MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings
As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of...
Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC
The former Federal Reserve official once again expressed his opposition to a United States central bank digital currency in a...
Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it
The senator spoke about the importance of definitions and weeding out nonviable altcoins for her comprehensive bill on cryptocurrency. United...
Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related...
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000...
Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble
A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor...
Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina
Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it...
