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Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options. Go to Source Powered by WPeMatico
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000. Go to Source Powered by WPeMatico
A botched minting process and the collapse of Otherdeed’s price have taken a toll on ApeCoin, leading investors to question APE’s future utility and value. Go to Source Powered by WPeMatico
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing in fiat currency, the Riga-based website now accepts several digital coins. Meduza Pulls … Read more
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the Terra ecosystem meltdown. Go to Source Powered by WPeMatico
“Our front office teams […] think and act like risk managers to ensure that we are not exposed in any significant way to market swings,” said Celius CFO Rod Bolger. Go to Source Powered by WPeMatico
As more and more people continue to invest in digital currencies, experts believe the coming few years will see crypto making an even larger impact on the retail sector. Go to Source Powered by WPeMatico
The SEC’s decision to expand its digital assets section was well received by industry experts and came as no surprise, given the growing interest in cryptocurrencies. Go to Source Powered by WPeMatico
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials to Reveal Crypto Asset Purchases in Foreign Countries Candidates for government offices in Russia … Read more
United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their money will be spent. Kyiv Launches New Platform for Donations Amid Ongoing War With Russia Ukraine, which has been increasingly relying on foreign donations to … Read more