“A lot of companies went, but the technology didn’t go away, and it came back 10 years later,” Cunliffe said, pointing to survivors such as Amazon. “So whatever happens over the next few months to crypto assets that people trade, I expect crypto technology and finance to continue.” Source
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
People naturally pegged the responsibility to irresponsibly overleveraged hedge funds and lending platforms. The problem is centralized finance, or CeFi, cosplaying as DeFi, they said, and there are no issues with DeFi proper. However, the idea that “this time will be different” and that financial actors would all act sensibly once DeFi “wins” is the deluded logic of the addict. Source
DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum. Dogecoin (DOGE) DOGE was a notable mover during today’s session, as prices rose to their highest point in nearly 20 days. On Monday, DOGE/USD rose to an intraday high of $0.07839, which came less than 24 hours after trading at a low of $0.07184. As a result of today’s move, the…
Global inequality is more extreme than ever, and with the rising cost of living in many places around the world due to the pandemic and political instabilities, the gap doesn’t look set to narrow any time soon. Over the last few years, the divide between rich and poor has risen dramatically, with the world’s richest 1 % (those with more than $1 million in assets) owning 45.8 % of the world’s wealth. This inequality is amplified by archaic financial systems, which limit access to premium systems and services to only…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I am going to show you how to design a Bitcoin Investment website for free. Even if you don’t know how to code, you can create bitcoin investment website following this guide. So stick around and watch carefully as we guide you how to design Bitcoin Investment website. Disclaimer: This Video is for Educational Purpose only. How you use the Information shared on this video is solely your Responsibility. I will not be held responsible for any illegal activities.…
Shares of Coinbase Global Inc. (COIN) have been downgraded by analysts at Goldman Sachs after plunging cryptocurrency prices affected the exchange’s underlying business, underscoring the challenges posed by the bear market. The reason for the downgrade stems from the “continued downdraft in crypto prices,” Goldman analyst William Nance said in a note that was obtained by Bloomberg. The analyst said Coinbase “will need to make substantial reductions in its cost base in order to stem the resulting cash burn as retail trading activity dries up.” According to Bloomberg, Coinbase still…
Of course, traditional 9-5 employment, which reached its zenith in the post-war era, has been under threat for years. Automation, outsourcing and offshoring reduced the number of employees companies needed, pushing out workers to contracting, freelancing and temp work. Then came gig work like Uber and the pandemic, which normalized working for oneself at home. About a third of the U.S. workforce, or 51 million people, is now in some kind of “nontraditional employment.” Last year, the number of nontraditional workers jumped 34% from 2020, according to data from MBO…
Officials could this week finalize controversial privacy and licensing rules for the sector – once they decide how to treat NFTs and unhosted wallets. Source
A July 6 deadline for an SEC ruling on Grayscale’s GBTC product looms Source