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0 CommentsHow stable are stablecoins? — asks Elizabeth Lopatto in a study for The Verge. What if a digital currency wipeout could injure — or even destroy — the entire cryptocurrency ecosystem? Lately, there’s been a focus on stablecoins, the quiet power players of the cryptocurrency space. Questions about stablecoins, particularly one called Tether, have been…
Today we are publishing an interview in which the expert expresses his views on why regulators in various countries across the globe have declared an all-out war on the largest crypto exchange in the market, Binance. We have recently written about how ever since the beginning of this year, Binance has come under attack from…
A cryptocurrency amendment was introduced to the US Senate, which would greatly complicate any operations with cryptocurrencies, hitting decentralized services the hardest. And it is backed by the Joe Biden administration. There is a lot of fuss around the second cryptocurrency amendment to Joe Biden’s $ 1 trillion infrastructure bill HR 3684. On August 6,…
Ethereum became the most traded cryptocurrency on the Coinbase exchange during the three months through June, while investors explored the world of decentralized finance. It accounted for 26% of Coinbase’s trading volume in the second quarter. Ethereum, the world’s second-largest cryptocurrency by market capitalization, shared for 26% of the trading volume on Coinbase, compared to…
Bitcoin reserves available on derivatives exchanges dropped to their lowest since May 11, before the start of miners’ crackdown in China and the following crypto price crash. That reflects institutions still accumulating crypto funds like in late 2020. According to data from CryptoQuant analytics service, confirmed that as of Tuesday, derivatives reserves reached 1.256 million…
The concept of a “crypto bank” has grown increasingly popular in recent years. It’s only natural: where there is money, there is a bank. And crypto money needs a crypto bank. But in fact, the whole thing has been rather difficult to define so far. To begin with, there are as many as four definitions…
