Friday, May 17, 2024

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This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, has finally decided it can survive such a ban.
The price of the Terra (LUNA) cryptocurrency has plummeted by over 99 percent, sweeping out crypto owners' riches. Around one stage, prominent crypto market Binance briefly banned Terra (LUNA) network withdrawals, preventing even those who needed to sell from doing so.
Coinbase warns that your crypto could be lost if they go bankrupt. Following the announcement of the earnings, Coinbase shares tumbled 15.6 percent in after-hours trading.
An infographic by MSCI showing how swiftly decentralized solutions and services have grown in popularity hints at an impending blockchain revolution.
My thinking on stablecoins has evolved greatly since I started writing about them four years ago. There are things I’ve gotten right (their emergence as a killer app for blockchain), things I’ve gotten wrong (the viability of Dai), things I was early on (adoption for vanilla payments) and things I remain conflicted on, like the viability of the undercollateralized AKA algorithmic variety.
The Future Of NFTs

The Future Of NFTs

NFTs are laying the groundwork for digital communities, economies, and assets as the online world transitions from web 2.0 to web 3.0. Here we visualize the future of NFTs.
The fact that Biden is planning a new digital currency is no secret. There are several reasons why you should be very worried about this as it is suspected that such a new proposal will provide the federal government authority over large portions of society and the economy.
According to the White House, US President Joe Biden signed an executive order on Wednesday for the creation of digital dollar directing the government to evaluate the risks and benefits of developing a central bank digital currency, as well as other cryptocurrency concerns.
After Pussy Riot raised $6.6 million by selling a pic of the Ukrainian flag as a NFT Ukraine has decided to issue a NFT collection to secure the funds needed by the armed forces.
The US Department of Justice stated on Tuesday that a New York couple was arrested and booked for a $4.5 billion cryptocurrency laundering scheme and attempting to deceive the US government.