As inflation began surging up in late March, the growth of the global economy slowed down. The US Federal Reserve led by Jerome Powell chose to raise the interest rates to combat inflation and restore price stability in their economy. The interest rate hiked to its 22-year high and the
Binance is the world’s largest and leading cryptocurrency exchange popular among all crypto users till today. Even now, it ranks in the top list in the U.S markets by its daily trading volume. As we all are aware about Russia’s invasion of Ukraine, from then Binance slowly limited its service
The transaction happened on Mon, Apr 25, 2022, at 19:20:24 UTC. Stablecoin USDT is issued by Hong Kong-based Tether. In a speech at the Paris Blockchain Week Summit, Tether’s Chief Technical Officer Paolo Ardoino told CryptoSlate that the company is ready for anything the economic environment throws. As per reports
The decentralized finance ecosystem, popular as DeFi, has experienced magnanimous growth over the past three years, growing into a $100 billion market. The ecosystem is still relatively new in the growing crypto market but offers its users vast opportunities to earn income, connect to the financial system, and profit from
It’s a merry-go-round when it comes to crypto based cyber crimes and hacks. On one side the security based technologies are on a constant development and research and bringing out new advanced security systems for the blockchains. On the other hand, the dark world of hacks and cyber crimes profusely
USDT is issued by Hong Kong-based Tether and matches the price of the U.S. dollar. USDT is shielded from market volatility swings. The USDT stablecoin on TRON now has a market valuation of $41.7 billion. According to The Block Research, Binance, Huobi, and OKEx hold most of the Tron-based Tether
London, UK, 12th April, 2022, Chainwire Cult DAO, a community-driven decentralized autonomous organization, published recent data on its hyper-deflationary CULT token, gaining the necessary traction and volume to overcome an initial stage of anonymity. These math-backed revelations are scattering away any remaining doubts that CULT is a meme coin.
Dallas, Texas, 31st March, 2022, Chainwire FiscusDAO announces the official public launch of its token, FISC. The all-chain solution will immediately begin utilizing its treasury to provide on-chain token benefits through off-chain project finance. The first cycle of funded projects represents an anticipated $25 billion in total project financing
Several governments are taking steps to prevent Russia from utilizing crypto. According to a study, the use of crypto weakens the effectiveness of U.S. sanctions. Neither Binance nor Coinbase, two of the largest cryptocurrency exchanges, think that crypto can be used to assist Russia to avoid Western sanctions. There have
Brokers must gather extensive information on their clients and their trades. The Department aims to submit draught regulations outlining its definition of a broker. According to the U.S. Treasury Department’s letter sent to a group of senators, cryptocurrency miners and stakers will not be subject to the exact reporting requirements
