The US inflation crossed the planned 2% and reached a decade high of 8.9% Crypto and digital assets need regulation similar to banking and capital market ones. On June 22, Federal Chairperson Jerome H Powell presented the Semiannual Monetary Policy Report to Congress. The policy report had statements regarding the
June 23, 2022 1 min read
Indian traders have lost around ₹1000 crores to phishing exchange sites. A panel meeting is planned with the financial authorities of the nation next week. The buying trend presently prevailing in the crypto market is welcoming to both genuine and fraudulent individuals. Cheaters and scammers are taking advantage of investors’
June 23, 2022 2 mins read
Tether already has 4 fiats pegged stablecoin, which are USD₮, EUR₮, CNH₮, and MXN₮. The USDT market cap is estimated to be around $68 billion as per the Tether. #Tether To Launch GBP₮Tether Tokens Pegged to the British Pound Sterling 🇬🇧 Read the full press release ⬇️https://t.co/vN6RngE28S pic.twitter.com/t4Yf8hrUZ2 — Tether
June 22, 2022 1 min read
Phishing site developed for Rainbow Bridge 2.0 by scammers. Users are requested to stay extra careful while transacting. Rainbow Bridge is the bridging platform owned by Aurora, the users can transfer tokens between networks using the Metamask wallet. The site has now been copied and a phishing site is prevailing
June 22, 2022 1 min read
Payment for two social media influencers has been decreased by more than 90% Workforce cut off by 30% and salary for existing reduced around 50% Advertising in social media has become mainstream over the past decade. The boom in this business strategy has inculcated all sectors starting from entertainment to
June 22, 2022 1 min read
Germany and Russia have higher inflation rates in the upcoming years. Inflation is the biggest poison for the world economy and readiness is the priority. Christian Sewing, CEO of Deutsche Bank stated in an interview that Inflation is the war that has to be fought now. He thinks that covid
June 21, 2022 2 mins read
Google search trends on the keyword “bitcoin” has achieved ATH in past 1 year. The restless investors and traders are the reason for the increase. The Bitcoin (BTC) search on Google has hit an All-Time High (ATH) in the last 12 months. This symbolizes the fear and anxiety among the
June 21, 2022 2 mins read
20% to 30% of the staffing is estimated to be cut off from the ByBit exchange platform. Resources may be assigned with additional tasks and functioning. The ByBit exchange platform is joining the list of companies that are reducing their staff numbers because of the market crash. A letter seems
June 20, 2022 1 min read
The stablecoins are going low and belong to their peg. The market cap of stablecoin as of now is above $150 billion. The stablecoins in the cryptomarket are in total wobble, post the disastrous fall of TerraClassicUSD (USTC). One among those stablecoin is USDD by TRON DAO. The coin has
June 20, 2022 2 mins read
Billy Markus made a tweet describing his opinions on crypto and its users. Elon Musk replied to the tweet showing the support and mentioned it to be currency-like. The Dogecoin co-founder Billy Markus has made a tweet describing his wish for the dogecoin and the community which follows it. And
June 18, 2022 1 min read