Surprisingly the US government’s acquisition of bonds via stablecoins, most notably USDT Tether, and the continuous upward trend in Bitcoin happen at the same time. A massive $24 trillion crisis, centered on the dropping value of U.S. Treasury bonds are haunting the financial sector, and this event develops against that
According to blockchain research company Lookonchain, $22 million worth of digital assets have been transferred by defunct crypto exchange FTX and its subsidiary Alameda Research. After filing for bankruptcy, the new team of FTX and Alameda Research wasted no time and sent large sums to major exchanges. The business has
Using eight different cryptocurrencies, wallets associated with the now-defunct FTX exchange and its subsidiary Alameda Research sent $10.8 million to Binance, Coinbase, and Wintermute accounts. Spot On Chain, a blockchain research organization, saw the transaction and estimated that the organizations had moved $551 million using 59 distinct cryptocurrency tokens since
In today’s digital age of growing opportunities, gift cards have piqued people’s interest. Since gift cards are available in digital form, their popularity and trading in the online environment is only increasing. This article will specifically delve into the practice of reselling gift cards for cryptocurrency. People are seeking opportunities
Crypto exchange OKX recently announced that it will be expanding its offerings in Brazil by launching a local cryptocurrency exchange and Web3 wallet platform. The organization announced on November 27 that it is concentrating on offering a Brazilian real fiat-on-ramp gateway to cryptocurrency trading and DeFi. OKX Brazil’s general manager
Bitcoin, the dominant force in the cryptocurrency realm, has ignited fervent conversations within the community during this holiday season. Its recent climb to $38,544 marks a monumental high not witnessed since May 5, 2022, a staggering 18-month gap. The surge follows a turbulent two-day period that saw Bitcoin dip below
In the dynamic world of non-fungible tokens (NFTs), Ommniverse has established itself as a frontrunner, fostering the growth of NFT creators and transforming the fractional NFT (FNFT) market. With its innovative approach and dedication to creator success, Ommniverse is making the way for a more accessible and equitable NFT marketplace.
Cathie Wood’s Ark Invest has taken a surprising step by submitting a third amendment to its Bitcoin ETF application, which includes many key enhancements that have caught the curiosity of the financial industry. Eric Balchunas, an ETF specialist at Bloomberg, broke the news, calling it “a positive step forward” in
Nexo has introduced simplified Futures trading on the Nexo Exchange, tailored specifically for crypto enthusiasts who are new to derivatives. The goal of the new product is to make the world of Futures accessible and informative for people who have until now only interacted with the spot market. In order to ensure
NAKA, the European fintech powerhouse, unveils the world’s first EMV-compatibleon-chain payment scheme and self-custodial card during the “Adopting Bitcoin 2023” conference in the capital. As the first country in the world to adopt Bitcoin as legal tender, nearly 70% of El Salvador’s population remains unbanked. The NAKA card seamlessly integrates
