The tighter the labor market, the stickier inflation and the more pro-tightening, or hawkish, the Fed will be. Risk assets, including cryptocurrencies, are addicted to cheap liquidity and have taken a beating this year, mainly […]
This is the weirdest bear market to date. It seems like most people were prepared for it, even though the death spirals and Chapter 11 bankruptcies that started it came out of nowhere. In any […]
South Korean officials are working on a Metaverse Industry Promotion Law. The government has been taking multiple steps to establish a presence in the web3 sector. Officials from South Korea’s ruling party are working on […]
ETH whales are on the move. Major investors in the Ethereum (ETH) network are sending their holdings in the asset to exchange addresses, according to data gathered by Santiment. The Merge, an event where the […]
The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The bill will now be […]
Embattled cryptocurrency lender Celsius Network has told a New York bankruptcy court in a filing that it will pay back about 22% of funds held in custody to 58,300 customers whose assets are assets valued at $48M. The revelation was made during a Sept. 1 hearing of a motion seeking authorization for […]
The year 2022 has proved to be unfavorable for the crypto market. The industry has been facing a long lasted bear trend, with the flagship coin, Bitcoin, nearly down 70% then its ATH of November […]
Hackers calling themselves the Belarusian Cyber Partisans have stolen passport data purportedly belonging to Alexander Lukashenko, the country’s president, and minted a non-fungible token (NFT) of it. In a Twitter thread, the Cyber Partisans said, “The […]
Astronomia: You’ve heard of haute couture, but how about haute horlogerie? There’s no way you can be seen at the next crypto convention without this. The Astronomia is a new luxury offering from Jacob & […]
Non-custodial asset management protocol Babylon Finance is closing down operations following the attack that led to an $80 million theft. “Despite our efforts, we haven’t been able to revert the negative momentum caused by the […]
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