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The prospect of creating a single global regulator for the cryptocurrency market is currently being discussed at various levels. We tried to collect all the available information and surmise: How real is such a possibility, what a structure like that could do, and how the regulatory process could work. The “stablecoin crisis” that began with…
Video game and electronics retailer GameStop Corp. unveiled on May 23 a digital asset wallet that will let gamers and others store, send, receive and use cryptocurrencies and NFTs on several decentralized apps without leaving their web browsers. Upon the announcement, GameStop shares jumped nearly 3% in pre-market trading on Monday. According to a company…
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…
