Twitter stock has plummeted more than 19% premarket after Elon Musk said that his $44 billion acquisition of the platform would be put “temporarily on hold.” “Twitter deal temporarily on hold pending details supporting calculation […]
US Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that the stablecoin market has attracted a lot of attention this past week and that the sector could be looking at “stricter” regulations. The […]
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with […]
UST: The promise that was intended to take us to the MOON has become a lesson in humility, says Lorena Ortiz On May 7 there was a small shock in UST (Terra USD) when it […]
Cryptocurrencies have had a rough start of the year amid multiple concerns in the industry. The biggest concern is the Federal Reserve, which has committed to be more aggressive in its battle against inflation. Coins […]
Bitcoin (BTC) fell sharply this week to reach a low of $26,700 on May 12. This is the lowest price that it’s seen since December 2020. Bitcoin had been trading inside a long-term ascending parallel […]
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Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the […]
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence […]
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round […]
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