Terra backers vote to revive luna cryptocurrency, abandon UST
Backers of Terra have accepted a plan to revive the failed cryptocurrency enterprise — with out the controversial stablecoin that helped set off its gorgeous...
Andreessen Horowitz raises $4.5 billion crypto fund in down market
Andreessen Horowitz plans to plow billions of {dollars} into crypto start-ups whereas digital asset markets are in a rut.The Silicon Valley agency introduced a brand...
Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say
FTX has been on the hunt to purchase brokerage start-ups because the crypto exchange expands into shares, and its CEO takes a serious stake in...
ECB chief Christine Lagarde: Crypto is ‘worth nothing’
European Central Financial institution President Christine Lagarde thinks cryptocurrencies aren't value a dime."My very humble assessment is that it is worth nothing," Lagarde mentioned of...
Tether (USDT) stablecoin withdrawals top $10 billion
Traders have yanked greater than $10 billion out of tether previously two weeks amid heightened regulatory scrutiny over stablecoins.Tether, the world's largest stablecoin, has seen...
Tether claims USDT stablecoin is backed by non-U.S. bonds
The issuer of the stablecoin tether stated in a report that the controversial digital forex is now backed partly by "non-U.S." authorities bonds.Stablecoins are a...
‘No longer just a payments company’
Block executives no longer need the agency to be seen as a payments pure play.The San Francisco-based firm held its first investor day in 5...
China is second-biggest bitcoin mining hub as miners go underground
Bitcoin miners aren't giving up in China regardless of Beijing's ban on the follow.China was as soon as the world's greatest crypto mining hub, accounting...
Robinhood to allow users hold their own crypto and NFTs
Robinhood is handing over the keys to a few of its prospects' crypto.The buying and selling and investing firm introduced Tuesday it can let users...
Coinbase (COIN) to slow hiring amid plunge in crypto and tech stocks
Coinbase has grow to be the newest tech firm to warn of a slowdown in hiring.The crypto alternate advised workers Tuesday it will slow hiring...