Month: May 2022

42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles

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Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to Luna Foundation Guard (LFG) on Monday, raising questions about its ultimate destination on a day that has seen Bitcoin’s price tumble more than 11%.  Data from blockchain explorer Blockchair revealed Monday that 42,530.82827771 BTC was spent from the LFG wallet, though its destination was unknown. It has been speculated that the funds were split into two batches — roughly 12,500 BTC and 30,000 BTC, respectively — with a portion reportedly sent to cryptocurrency exchange OKEX.…

As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93 – Bitcoin News

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As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.932008 per token. Additionally, the Luna Foundation Guard’s bitcoin wallet and ethereum Gnosis safe address has been emptied. LUNA Price Puts Intense Pressure on Terra’s Stablecoin UST During the past 24 hours, more than $830 million has been liquidated from the crypto economy, and the price of bitcoin (BTC) sunk to lows not seen since January 2022.…

Royal Museum of Fine Arts Antwerp tokenizes million-euro classic masterpiece

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According to blockchain digitization provider Tokeny, on Monday, the Royal Museum of Fine Arts Antwerp (KMSKA) became the first European museum to tokenize investment in fine art, starting with Belgian painter James Ensor’s (1860–1949) painting, “Carnaval de Binche.” Investors can obtain fractional ownership of the work starting from 150 euros (or about $158). The venture is a joint effort between KMSKA, Tokeny and blockchain art entity Rubey, with the tokens, themselves, being ERC-3643 compliant and launching on the Polygon (MATIC) blockchain.  As told by the parties, the ultimate goal of the…

Le BITCOIN, une bêtise humaine ? 🧐

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io J’aide les personnes motivées à lancer leurs business GRATUITEMENT à travers : Mon groupe Telegram : Source : Roman Frayssinet chez @Clique TV ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Pro traders adopt a hands-off approach as Bitcoin price explores new lows

Bitcoin’s (BTC) current 20% drop over the past four days has put the price at its lowest level in nine months and while these movements might seem extraordinary, quite a number of large listed companies and commodities faced a similar correction. For example, natural gas futures corrected 15.5% in 4 days and nickel futures traded down 8% on May 9. Other casualties of the correction include multiple $10 billion and higher market capitalization companies that are listed at U.S. stock exchanges. Bill.com (BILL) traded down 30%, while Cloudflare (NET) presented…

IMF recommends the Bahamas ‘accelerate its education campaigns’ on CBDC

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The International Monetary Fund, or IMF, has turned its attention to the Bahamas’ central bank digital currency (CBDC), the Sand Dollar, and suggested additional regulatory oversight and education. Reporting on a consultation with the Caribbean nation on Monday, the IMF said its executive directors “recognized the potential of the Sand Dollar to foster financial inclusion” and recommended the Central Bank of The Bahamas “accelerate its education campaigns and continue strengthening internal capacity and oversight.” The consultation was somewhat of a departure from several of the IMF’s previous warnings to many…

Cum ASCUNZI urmele pe BLOCKCHAIN? PRIVACY COINS sunt NECESARE – #CryptoPentruToți 027

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #CryptoVineri #Privacy #XMR Acesta este un material dedicat din seria #CryptoPentruToți! În această serie luăm pas cu pas fiecare concept din lumea crypto și îl explicăm pe înțelesul tuturor. LINK CĂTRE GRUPUL DE TELEGRAM – LINK CĂTRE SERVERUL DE DISCORD – LINK CĂTRE GRUPUL DE FACEBOOK – Nu uita! Investește doar banii pe care îți permiți să îi pierzi! Text – Mihnea Tîrnovan – @mihneatirnovan Imagine și sunet – Andrei Brătucu – @andreibratucu Montaj – Daniel ivan @danielivanm1 #CryptoVineri by @George Buhnici…

Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022

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Retirement plans still largely remain at the periphery of both crypto adoption and the regulatory discussion. But last week, a major development emerged in this department. United States Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota became concerned about Fidelity’s recent announcement of adding Bitcoin (BTC) to its clients’ 401(k) retirement investment menu. In a letter to the company’s CEO Abigail Johnson, the lawmakers expressed their uneasiness over a “conflict of interests” and the “significant risks of fraud, theft and loss,” requesting from Fidelity a detailed outline of…