Fed Sounds Fear on “Most up-to-date Traces” in Stablecoin Market
U.S. government agencies are taking a close look at the stablecoin market following Terra’s dramatic meltdown. Key Takeaways A new report from the Federal Reserve...
Category : News
Immutable Launches $500M Ecosystem Fund to Enhance GameFi Adoption
Key Takeaways Immutable has launched a $500 million ecosystem development fund to support projects building on its Ethereum Layer 2 scaling platform, Immutable X. The...
Elon Musk Hints at Crypto Plans in First Twitter Assembly
Key Takeaways Elon Musk held a meeting with Twitter employees today to discuss plans for the social network following his takeover. Specifically, he discussed plans...
Circle Is Launching a Euro-Backed Stablecoin
Circle is expanding its stablecoin offerings with a new, fully-reserved stablecoin pegged to the euro. Key Takeaways Circle has introduced Euro Coin (EUROC), a new,...
Terra’s Pause Kwon Is Being Investigated for Tax Fraud
South Korean prosecutors have reportedly seized data from the country's tax offices. Key Takeaways South Korean prosecutors are investigating Terraform Labs CEO Do Kwon for...
Stablecoin Offer Decreases Over Quarter for First Time in Historical previous
Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show that over $13 billion has been redeemed directly...
Cardano, Solana Are trying to Rebound
Cardano and Solana have dropped to vital support levels that could stop their bleeding. Key Takeaways Cardano and Solana have both dropped by more than...
Fed Raises Charges By 75 Basis Aspects
The Federal Reserve has indicated that it is committed to fighting inflation, even at the risk of tipping the economy into recession. Key Takeaways The...
Almost Each Crypto Asset Is Down Over 90% From Top
Key Takeaways Data from crypto price aggregator CoinGoLive shows that 98.5% of all cryptocurrencies are down more than 90% from their all-time highs. Around 95.5%...
Decadence and Denial: Reflections on Consensus 2022
Key Takeaways Consensus 2022, CoinDesk’s flagship crypto conference, took place last week in Austin, Texas. The live music capital of the world drew in over...