Real USD (USDR) Stablecoin De-Pegs; Plummets to $0.51
The treasury has no DAI and the only liquid assets are an insurance fund.The popularity of the token was boosted by its incorporation into Aerodrome Finance. After its reserves of…
Ethereum Price Continues To Crash Down.
The top 10 non-exchange wallet addresses now contain a whopping 39.22 million ETH. The price at the time of writing, broke $1569 key support level.On-chain data suggests that Ethereum whales…
Bitstamp Announces Canada Exit; Intends Restart in Future
Bitstamp will stop serving Canadian clients as of January 8, 2024. Canadian users have been urged to withdraw their funds and close their accounts. According to Bobby Zagotta, CEO of…
SBF Digs into Lawyers Role in Alleged $200 Million Illegal Alameda Loans
Sam Bankman-Fried questions lawyers’ involvement, seeks permission from Judge Kaplan to question FTX co-founder Gary Wang.Sam Bankman-Fried, founder of cryptocurrency exchange FTX, is making a bold move in his ongoing…
Israel and Palestine War Likely to Affect Crypto Market Further
The Israel Police’s Lahav 433 cyber section has frozen crypto accounts related to Hamas. Crypto Aid Israel has announced that it will accept donations in different cryptocurrencies.On Monday, cryptocurrency prices…
Sam Altman Warns US Government Waging War on Bitcoin and Crypto, Says There’s a Clear Role for Regulation
The chief executive of artificial intelligence (AI) firm OpenAI says that the US government is waging war on crypto assets. In a new interview on the Joe Rogan Experience, OpenAI…
Digital Asset Fund Inflows Reach $78m as Trading Volumes Rise to $1.13 Billion.
Digital asset investments rebounded with a surge in popularity, attracting $78M in inflows last week, double the previous week.Digital Asset Investment products experienced a popularity surge in the past 14…
UK Issues Warning to List of Crypto Exchanges; Eyes Enforcing Regulations.
Serious repercussions may arise from someone not following the new set of rules. Exchanges are taking the required steps to comply with the laws as the FCA has been firm.…
Ripple Labs Chief Financial Officer Kristina Campbell Resigns
Campbell’s tenure lasted for around 2 years and 7 months at Ripple.She also handled the purchase of Metaco, a supplier of services for crypto assets.Kristina Campbell, the CFO of Ripple…
Ethereum Price Struggles as Bears Continue Domination.
The price faced strong resistance at $1735 level and has been falling ever since.If the price breaks above $1665 resistance level then it will likely test $1735 yet again.The crypto…