Recently, Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), shared her thoughts on cryptoassets in general and stablecoins and central bank digital currencies (CBDCs) in particular. The IMF, which was established on 27 December 1945, “works to achieve sustainable growth and prosperity for all of its 190...
It is no secret that cryptocurrencies have taken the world by storm. With a good section of the population invested in this world, crypto is on its way to becoming a mainstream payment method. However, along with global acceptance comes an alarming frequency of scams. According to a report by the Federal Trade Commission, over 46,000 people in the U.S have reported losing more than $1 billion in crypto to scams in 2021 – More than any other payment...
The Chief Legal Officer of Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) has explained to the cryptocurrency community why users’ funds are safe, despite all the fear, uncertainty, and doubt (FUD) being spread over a recent disclosure. In a blog post accompanied by a Twitter thread, Grewal noted that...
Crypto loans platform Binance Loans now allows $ADA and $AVAX — the native tokens of smart contract platforms Cardano and Avalanche respectively — to be used as staking collateral assets. On 26 July 2021, Binance published a blog post that explained what crypto loans and what their use...
One lesser known fact about the recent price collapse of algorithmic stablecoin TerraUSD ($USST) is that it managed to hit some of the most vulnerable people on the planet, namely relatively poor people living in high inflation countries. According to a report published on May 26 by tech...
Hedge fund manager Alan Howard revealed that he is investing broadly across the crypto industry, including in several new projects. Speaking in an interview with The Block, Howard, who is a co-founder and CEO of European hedge fund management company Brevan Howard, first began investing heavily in crypto...
On Wednesday (May 25), Ripple CEO Brad Garlinghouse shares his thoughts on a variety of interesting crypto-related topics while being interviewed by CNBC senior technology correspondent Arjun Kharpal at this year’s World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Below, are highlights of Garlinghouse’s comments during this interview. On 2017-2018 ICO...
On Sunday (May 22), Christine Lagarde, President of European Central Bank (ECB), made a number of interesting comments about crypto while appearing as a guest on Dutch TV show “College Tour“. The Paris-born French politician, economist, and lawyer has been the ECB President since November 2019. Before then,...
The Sandbox token known by the symbol $SAND is a virtual world utility token. It is used in the Sandbox virtual gaming platform. The virtual world is a platform where people can construct, possess, and make money from their gaming experiences using either NFTs (Non-Fungible Tokens) or $SAND. The virtual world by Sandbox consists of digital pieces of real estate where players can develop NFTs, and mint them to the marketplace to make money for themselves. You might be new to...
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