PwC report calls NFTs ‘the future of digital assets in sports’
The report asserts that digital assets can fundamentally alter how fans consume sports and interact with their favorite teams. Go to Source Powered by WPeMatico
Month: March 2022
Citi’s digital asset co-heads resign with plans to create crypto startup
This move follows various other banking veterans making the change from Wall Street to crypto ventures. Go to Source Powered by WPeMatico
Terraform Labs donates $1.1B for Luna Foundation Guard’s reserves
High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention. Go to Source Powered by WPeMatico
Altcoin Roundup: DeFi token prices are down, but utility is on the rise
DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens. Go to Source Powered by WPeMatico
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in … Read more
US and EU double down on measures against Russia potentially using crypto to evade sanctions
“The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators. Go to Source Powered by WPeMatico
Yuga Labs faces user backlash for under wraps KYC-restricted project
Since Yuga Labs partnered with Animoca brands, other plans for a blockchain game expected to release in Q2 of 2022 have been revealed. Go to Source Powered by WPeMatico
Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments. Go to Source Powered by WPeMatico
Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets … Read more
Price analysis 3/11: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
The sharp pullback in BTC and large-cap altcoins indicates that bears have yet to capitulate and that traders continue to sell the top of each breakout. Go to Source Powered by WPeMatico