Plot twist: well-known economist and crypto-skeptic Nouriel Roubini is developing his own crypto asset. He set out to find a form of integration between cryptocurrencies and the real economy, and his vision seems quite intriguing. The great thing about the crypto industry is the amount of creativity involved, particularly with all new types of assets…
Investors poured a record amount of $299 million into crypto assets last week, even as the collapse in TerraUSD spurred a broader market sell-off. According to Coinshares, it’s a signal that they saw the market turmoil “as a buying opportunity.” Leading cryptocurrency Bitcoin was the biggest winner, logging $299 million in weekly inflows, CoinShares said…
The protracted decline in the value of BTC and other cryptocurrencies makes many experts talk about a new crypto winter approaching. But that might just depend on the outlook: If we choose a different point of view, those concerns will seem rather unfounded. On the night of May 10, the quotes of the first cryptocurrency…
Last year, Cuba became only the second country in the world (after El Salvador) to allow the use of cryptocurrency as legal tender. And going one step further, it legalized all virtual assets at once. Eight months have passed since then, so let’s see where the project is now. Since September 15, 2021, Cubans could…
On May 7, the European Commission (EC), or, more precisely, its division called the Directorate-General for Financial Stability, Financial Services and Capital Markets Union, published a fascinating document called European Financial Stability and Integration Review 2022. Two-thirds of it was dedicated to DeFi, and having examined it, the author of these lines got the impression…
One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday – Sam Kessler and Sage D. Young analyzing on CoinDesk. The Terra money machine collapsed almost entirely Wednesday. The UST stablecoin remains deep in the sub-dollar doldrums for the third day running, and LUNA,…
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