The Bank of England argues that there is potential for crypto to pose greater threats to financial stability with greater integration into the traditional finance system. The Financial Stability Report released by the Financial Policy […]
Crypto miner Core Scientific sold roughly $165 million worth of Bitcoin last month, as inflation and market turmoil piled on the pressure for public crypto companies. The NASDAQ-listed firm sold 7,202 Bitcoin during June at […]
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage […]
Deribit and Blockchain.com exchanges were among the creditors who pushed for the liquidation of embattled crypto hedge fund Three Arrows Capital (3AC). On June 11, 3AC breached a stipulation of its agreement with Deribit that […]
The embattled crypto brokerage company Voyager Digital has filed for Chapter 11 bankruptcy following last week’s suspension of deposits and withdrawals. The crypto collateral collapse contagion continues to wreak havoc across the industry, with big […]
Key Takeaways Nexo has signed an indicative term sheet with Vauld, granting it an exclusive 60-day exploratory period to look into acquiring the firm. Vauld halted customer withdrawals Monday, saying it was “facing challenges” due […]
Key Takeaways Within about a year, NFT games are now on the brink of overtaking PC games in popularity Compared to conventional PC games, only 10 games are more popular than top NFT editions $2.5 […]
Ethereum is forming support at around $1,000. The cryptocurrency price has been weakened by the waning DeFi and NFT sectors. Ethereum is yet to bottom as the price remains bearish. Ethereum ETH/USD has oscillated between […]
Another reason the Thiel model simply makes no sense for retail finance is that it is structurally impossible to build the kind of “moat” that can, at the very least, keep a crappy business like […]
Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends […]
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