Sam Bankman-Fried Budgets $1 Billion for U.S. Elections
On Sunday (May 22), one highly popular pseudonymous Cardano ($ADA) whale (“@cardano_whale” on Twitter) explained to institutional investors interested in holding crypto long term why they should be buying $ADA “today”. In particular, he pointed out that in addition to being highly secure and decentralized, Cardano has...
Stablecoins, in general, suffered immensely post the TerraUSD (UST) de-pegging event. This event saw UST drop from its once-stable $1 parity to today’s $0.06 per UST. Now, to refill that lost trust, the second largest stablecoin (USDC) provider Circle has taken some measures. Circle published a blog post on 13 May, called ‘How to Be Stable’. This post incorporated Circle’s efforts around trust and transparency with USDC.
Singapore, Singapore, 23rd May, 2022, Chainwire LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, is continuing its partnership with Protocol Labs, creator of Filecoin and IPFS, to launch the 3rd LongHashX Accelerator Filecoin Cohort. The program aims to accelerate early-stage teams building projects...
Many prospects have come under the consideration of global cryptocurrency regulators since the brutal Terra crash. South Korean Government and agencies are trying to get the possible reason behind this debacle. In this bid, the ruling party of the nation held an emergency meeting to take further action over it.
Reserve Bank of India’s (RBI) Governor Shaktikanta Das on Monday has reaffirmed his negative stance on crypto. RBI had always raised concerns that cryptos will undermine the monetary, financial, and macroeconomic stability of India. In fact, investors and the government had been warned against cryptocurrencies, which have now crashed immensely. In addition, RBI Governor hints at announcing an interest rate hike in the next monetary policy meetings in June.
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