Home Authors Posts by Marie Fitzgerald

Marie Fitzgerald

Marie Fitzgerald
1652 POSTS 0 COMMENTS
Regulatory agencies in the US and UK have raised their worries concerning stablecoins after the collapse of the controversial stablecoin Terra (UST). In recent days, stablecoins have led the crypto market to see a significant decline in their prices. Terra has been the most affected stablecoin after it collapsed...
The monetary authority in charge of regulating financial activities in Central Republic Africa announced on Friday its ban on cryptocurrencies in the country. The ban by the Central Bank came a few weeks after the government announced Bitcoin as a legal tender alongside the local fiat currency, CFA franc,...
The Texas Blockchain Council, a trade association representing the Bitcoin mining industry in Texas, announced on Saturday that crypto miners have responded to the conservation notice issued by ERCOT on Friday. The Texas Blockchain Council said that Bitcoin miners within the state have agreed not only to shut down...
Global fintech crypto company Elwood Technologies raised a $70 million Series A round co-led by Goldman Sachs and Dawn Capital. The company is valued at up to $500 million after the financing, according to a report from Financial Times. Elwood Technologies, the cryptocurrency company owned by hedge fund giant Alan Howard,...
Chile’s Central Bank is spending more time and exploring research options to determine whether it will issue a Central Bank Digital Currency (CBDC) or not. While Banco Central de Chile was expected to give a verdict on its stance early this year per a Reuters report last year, the bank, in...
Eddy Alexandre, the founder and Chief Executive Officer of EminiFx, has been arrested by law enforcement agents as he faces charges bothering on one count each of commodities and wire fraud respectively. Per a press release from the Department of Justice, Alexandre reportedly operated a crypto trading platform as...
FTX Derivatives Exchange’s billionaire CEO Sam Bankman-Fried, known as SBF, has faulted the marketing strategies that were employed by the embattled Terra blockchain to gain acceptance from the public. These comments come on the heels of the protocol’s two tokens, LUNA and UST, losing their value and peg to...
The cryptocurrency ecosystem is gradually seeing a comprehensive recovery, and while there is still a bit of volatility in the market, exchange tokens are on a bullish tear as investors return back to trading actions.  The market plunged by shedding more than $200 billion in a couple of days...
Terra’s ship sailed gallantly but has now collapsed following a series of algorithm attacks that made the blockchain network’s native token LUNA plunge to what many see as an irredeemable level. With so many experts wondering what is going on, Binance’s Chief Executive Officer, Changpeng Zhao has come...
The anticipated takeover of Twitter by Elon Musk, the CEO of Tesla Inc., was temporarily postponed as he waited to be briefed about the social media giant’s fake accounts. Musk tweeted: “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of...