Crisis in Terra's UST Stablecoin Spreads to Neutrino USD on Waves Protocol Source
Crisis in Terra's UST Stablecoin Spreads to Neutrino USD on Waves Protocol
Day: May 11, 2022
FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
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Bitcoin Selloff Provides Boost To Miner Fee Revenues
Bitcoin sell-offs have been the order of the day since the weekend. This has translated to ever-decreasing prices for the digital asset. Another avenue where this has had an effect has been the miner fee revenues. Usually, these transaction fee revenues have been on the low side. But with the recent sell-offs triggering a surge in daily transaction volumes, the result has been more earnings for miners in terms of transaction fees. Bitcoin Daily Revenues Plummet Even though there has been a surge in miner fee revenues, the daily miner…
Bitcoin mining with the Antminer $2,000 T17 Asic miner in 2022 – can it still make money?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin mining with the $2,000 Antminer T17 Asic miner in 2022 – can it still make money? Is this asic miner still any good for bitcoin mining in 2022? #bitcoinmining #bitcoin #bitcoin2022 This video reflects my opinion only; numbers and data are approximate and may become inaccurate as time passes.This video may not be objectively accurate. It’s just my opinion. Images used are for educational purposes only. Videos provide host(s) commentary on developing technology and science. This information may change at any…
Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC
Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView One day, $860 million more crypto liquidations Data from Cointelegraph Markets Pro and TradingView showed BTC/USD erasing the impact of above-expectation United States inflation data, hitting $32,000 on Bitstamp. April’s consumer price index (CPI) print has sent the pair into a fresh tailspin, with $30,000 giving way to levels not seen since July 2021. As turmoil over Terra, its LUNA and TerraUSD (UST)…
Celsius Network execs deny rumors of significant losses amid market volatility
The fallout from extreme volatility in the crypto market hasn’t significantly affected Celsius Network, according to its leadership. Seemingly in response to a now-deleted tweet from Twitter user David Belle that claimed the platform had been “completely wiped out,” Celsius CEO Alex Mashinsky posted a message to his more than 172,000 Twitter followers that “all funds [were] safe” and the platform was continuing to do business. Mashinsky acknowledged the “extreme market volatility” currently impacting projects including Terra (LUNA) and stablecoin TerraUSD (UST). Rumblings that Celsius is getting wiped out, if you…
5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties
Operators of the alleged scam promised investors their funds would be used to build a functioning casino and entertainment facility in the Sandbox metaverse. The plans included “a virtual stadium for virtual games and concerts, a virtual hotel, a virtual movie theater, a virtual bowling alley … [and] a virtual hockey team named ‘Flamingos,’” according to the orders. Source
Grayscale tells SEC that turning biggest bitcoin fund into ETF will unlock $8 billion for investors
Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE Grayscale, the asset manager running the world’s largest bitcoin fund, met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of its flagship fund into an ETF, CNBC has learned. Turning the Grayscale Bitcoin Trust into a NYSE-traded ETF would broaden access to bitcoin and enhance protections while unlocking up to $8 billion in value for investors, according to a 24-page presentation obtained by CNBC. That’s…
Good News Crypto market will recover soon | Crypto market Crash | cryptocurrency | 100x crypto 2021
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Join Me on Telegram ➡️ Hello, friends in this video I’ll tell you about Crypto market Crash and why you don’t need to panic because there is good news crypto market will recover soon. #wazirxnews #dogecoin #marketcrash #cryptonews #cryptocrown #shibainu #wink #wazirxapp Connect with Me! Join Me on Telegram ➡️ Join Me on Twitter ➡️ Join Me on Instagram ➡️ Website ➡️ Topics Covered: Which Crypto To Buy Today Best Top 5 cryptocurrency to invest in 2021 hindi How to do CryptoCurrency…
Bank of Israel claims ‘public support’ for its CBDC project
Despite the fact that it still didn’t make a final decision on the launch of the “digital shekel,” Israel’s central bank reported that the public feedback on the project is mainly positive. According to Reuters, on May 9, The Bank of Israel summarized the results of the public consultation on its central bank digital currency (CBDC) plans. It has received 33 responses from different sectors with half of them coming from abroad, and 17 from the domestic fintech community. While specifying that the final decision on the project’s fate is…