Cointelegraph By Brian Newar
The Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move called Quantitative Tightening (QT). Analysts from a crypto exchange and financial investment firm have conflicting opinions about whether QT, starting on June 1, will put an...
Billionaire Elon Musk and Dogecoin (DOGE) co-founder Jackson Palmer are locked in battle on social media over Palmer’s claim that he could remove Twitter bots with a simple Python script.Australian Palmer said in an interview that his script was capable of automatically tweeting replies to scam tweets as...
The collapse of the Terra ecosystem, which included most of its apps and protocols, has created a diaspora of developers from which opportunistic blockchain companies are hoping to snap up talent.Polygon, one of the largest blockchains by total value locked (TVL), is actively seeking out Terra developers to...
A mismatch in the reported price of underlying assets on synthetic assets DeFi platform Mirror Protocol has caused an ongoing exploit that has the potential to drain all of its funds.The exploit was observed on May 29 by governance participant ‘Mirroruser’ on the protocol’s forum. As of the...
Renowned billionaire investor Tim Draper insists that a time will come when women begin driving up the price of Bitcoin as more retailers start offering it as a more cost-effective payment option at shops.Draper, a Bitcoin (BTC) investor himself, told host Scott Melker on the Wolf of All...
Crypto markets are undeniably bearish, but some industry insiders believe these conditions will shake out the bad actors and create greater opportunities for future participants.Traders tend to lament the negative price action and relative difficulty in executing profitable trades in bearish market conditions. However, several leading analysts and...
Terraform Labs CEO Do Kwon has conceded that a crash in the price of Bitcoin would be “negative” for the stability of the UST stablecoin, but that he expects Bitcoin to go up.Terraform Labs is the entity behind the Terra (LUNA) blockchain platform which plans on buying a...
American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset.That’s a big ‘if’ of course, and VanEck thinks the Chinese Yuan is a more likely contender.The lofty...
Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.The law saw Governor Inslee order the formation of the Washington...
The New Jersey Bureau of Securities has issued a cease and desist order against Voyager Digital for selling unregistered securities through its Voyager Earn program.Voyager Digital (VGX) is a centralized, crypto-based staking, trading, and lending platform.The order claims that each of the crypto staking and lending accounts issued...
