Bitcoin Pizza Day commemorates the day in 2010 when Laszlo Hanyecz, a programmer and BTC miner from Florida, used the crypto to purchase two pizzas from Papa John’s. It occurs every year on May 22. It is the first physical item purchased with the first decentralized digital currency. Before Bitcoin’s coronation as an alternative asset…

Tether (USDT), the multibillion-dollar stablecoin. has paid out $10 billion in withdrawals since the crypto crash started in early May. The pace of withdrawals means the company is effectively dealing with a slow-motion bank run, as depositors seek to move their cash to more heavily regulated stablecoins. According to public blockchain data, $1 billion USDT…

After 2 years of the Covid-19 pandemic, Blockchain Economy Summit is again back in Istanbul on July 27-28, 2022. The event will bring together more than 3,000 participants from 55 countries around the world to discuss the future of finance, Web3, NFTs, Metaverse, DeFi, regulation of the crypto sector, the implementation of blockchain technology in…

The collapse of the UST stablecoin and the major crisis of confidence in stablecoins led investors to withdraw funds from DeFi protocols en masse. The calamity has exposed many of the weaknesses in the decentralized finance industry but also created an excellent opportunity for it to work out the flaws and upgrade on the way…

Some Dubai universities are joining crypto credibility campaigns designed to help UAE students be aware of blockchain and cryptocurrencies. It will positively engage students to help them gain a stronger understanding of the technology and lift their confidence in using crypto. According to YouGov’s report, 68% of young adults within the age group of 18-24…

Breaking crypto news from the last week (May 14 – 20, 2022): May 14: The head of the BSV Blockchain Association, Jimmy Nguyen, has presented the features of the BSV enterprise blockchain at the University of Dubai. The Association has also funded research development projects with the local universities, where students use blockchain technology. May…