Bitcoin
Stablecoin Issuer Tether Cuts Commercial Paper Holdings to Zero
The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills. Source link
Month: October 2022
Market Analysis
Binance Burns $500M BNB Despite $100M Bridge Hack
Per its BNB Auto-Burn procedure, Binance burns 2,065,152.42 of BNB worth roughly $574 million, despite losing out to a recent $570 million hack. This latest burn takes the total BNB destroyed to 38,996,924.79, approximately $10,092,316,766.94 at BNB’s […]
Regulation
OccSaviors and the Fight for Honest Occupational Health Hazard Standards
OccSaviors and the Fight for Honest Occupational Health Hazard Standards Source link
Ethereum
Despite Crypto Bear Market, Web3 Developers Are Still Building, Study Shows
Although this crypto winter has been touted as a good time to build Web3 products, it hasn’t been this way in previous bear markets. Alchemy’s data shows that the number of smart contracts deployed between […]
Bitcoin
CPI Crushes Bitcoin Price Down To $17,900, New Lows Imminent?
Bitcoin lost support at $18,600 and trended lower close to its yearly bottom at $17,900. The cryptocurrency managed to stop the bleeding at these levels, but the general sentiment in the markets seems to have […]
Market Analysis
What Is Causing the Crypto Total Market Cap To Fall
The fall in the total market capitalization of cryptocurrencies on Thursday can be attributed to a number of potential factors. Firstly, there is the bearish close of the S&P 500 (SPX), which decreased by 0.33%. […]
Regulation
TrueFi’s $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral
“Defaults are ordinary course in this asset class and critically important to refining risk parameters and pricing over time,” Roshan Dharia, head of lending at Archblock, a core TrueFi contributor which oversees borrower relationships on […]
Ethereum
A dos semanas de terminar, octubre registra la mayor cantidad de hackeos cripto de la historia
Hackers robaron más de US$718 millones desde los protocolos DeFi mediante once hackeos diferentes, según la empresa de investigación Chainalysis. Source link
Bitcoin
Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Print
The news sent bitcoin (BTC) tumbling to $18,100 – not far off from its 2022 low of $17,600. At press time, the price has bounced modestly to $18,400. The major U.S. stock market averages all […]
Market Analysis
Bad, but it Could Be Worse; Markets React
The consumer price index in the United States, the primary indicator for inflation, was measured at 8.2% in Sept., according to the latest report from the U.S. Bureau of Labor Statistics. While this figure represents a slight drop […]