Market focus

Fir Tree Capital Management, a $4 billion New York-based hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators and fears over ties to the Chinese debt market. According to Bloomberg, Fir Tree has constructed a way to short Tether in an “asymmetric trade.” That means the risk is…

The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…

Yuga Labs, the company behind one of the biggest and most valuable NFT collections in the industry, the Bored Ape Yacht Club, announced Friday that it has bought the rights to the intellectual property of the other two most popular collections – CryptoPunks and Meebits – from Larva Labs. Yuga Labs announced Friday that it…

Breaking crypto news from the last week (Mar. 5 – 11, 2022): Mar. 5: The global pandemic changed everything for creators: The stay-at-home orders accelerated the shift toward blockchain and Web3 advancement, writes Doug Petkanics, a co-founder at Livepeer, where the team is building a decentralized live video broadcast platform to enable the next generation…

The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…

The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…