With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below...
Bitcoin
Biggest Movers: ADA Price Climbs for Ninth Consecutive Day
Cardano rose to a fresh multi-month high on Saturday, as the token surged for a ninth consecutive session. The price...
Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor
Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of,...
FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange
FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets....
US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year
On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose...
we2net Gains Strong Traction in Korea with 200+ LP Holders and $760k Initial Liquidity
PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained...
Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023
After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several...
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in...
Biggest Movers: ADA Extends Gains, as SOL Consolidates on Saturday
Cardano rose for a second straight session to start the weekend, as the token continued to move away from a...
Biggest Movers: DOGE Down 8% as Twitter Removes Logo
Dogecoin was once again in the red on Friday, as Twitter finally removed the doge icon as its logo. The...
Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges
In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB...
China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says
An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the...
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for...
Elizabeth Warren Explains Her ‘Anti-Crypto Army’ Stance; Waves of Democrats Oppose Her Bitcoin Criticism
Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched a political campaign against cryptocurrencies as she seeks a third...
Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review
Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for...
