Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as...
Month: June 2022
Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve
“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create...
5 indicators traders can use to know when a crypto bear market is ending
Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when...
Crypto Biz: Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16
It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one...
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to...
Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android
PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has...
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of...
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin that...
Sweeping layoffs, hiring and firing as crypto prices take a massive downturn
Brutal economic conditions coupled with dramatically falling crypto prices have led to massive layoffs within the blockchain industry. Many in...
US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group...
NFT.NYC expecting ‘diverse and eclectic audience’ to drive utility narrative of NFTs
The co-founder and vice president of growth at NFT.NYC shared insights into its community-first values and ethos. NFT.NYC, one of...
Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine...
How Older Bitcoin (BTC) Mining Rigs are Failing to Earn a Profit
During the current crypto market downturn, older Bitcoin (BTC) mining rigs are failing to earn a profit. Even if the...
