Bitcoin is here to stay even as new innovations develop: Bybit founder
Ben Zhou, the founder of Bybit, said that the exchange is putting some focus on educating users who are new to crypto. Go to Source Powered by WPeMatico
Month: June 2022
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by 75 bps, Global Markets See Slight Rebound … Read more
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. Go to Source Powered by WPeMatico
Can Certain Drugs Improve Your Gaming Performance: Here Is What You Should Know
Every sport in the world, past, present, and future, has performance and drugs. Professional gaming is no different. But obviously, the drugs will differ from sport to sport. A high-level Counter-Strike player is not going to benefit from steroids that much. So, what sorts of drugs improve performance in competitive gaming? How common are they? … Read more
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400 million” and the hedge fund’s founder Su Zhu tweeted about “communicating with relevant parties” Tuesday evening … Read more
Kraken reiterates hiring targets as CEO denounces ‘woke activists’ in corporate culture
“We recognize that hurt feelings are inevitable in a global organization that is optimizing for team outcomes above individual sentiment,” said the team at Kraken. Go to Source Powered by WPeMatico
Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy
PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological stack, access to independent infrastructure, nodes, developers’ community, and funding. The project is guided by principles of security and ownership, made possible with a combination of decentralization and … Read more
FINRA may hire employees terminated from crypto firms: Report
“Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give me a call,” said president and CEO Robert Cook. Go to Source Powered by WPeMatico
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314% … Read more
Top 3 Metaverse Crypto Coins Below $25 Million Market Cap (June 2022)
Bitcoin and Ethereum continue to struggle immensely this week, losing over 30% in market capitalization over the past seven days. Rising inflation and uncertainty in global markets are causing a cascade effect in crypto. Lucky for us, the low prices mean now is an excellent opportunity to Dollar-Cost Average and accumulate underrated and undervalued projects … Read more