The United States Financial Industry Regulatory Authority, or FINRA, reportedly plans to “bulk up” its capability to monitor crypto — a move that could include scooping up employees recently terminated from crypto companies. According to a Tuesday Reuters report, FINRA president and CEO Robert Cook encouraged crypto workers who expect to be on the chopping block to reach out to the financial regulator as part of its efforts to increase resources related to the space. Major crypto exchanges in the United States including Coinbase and Gemini have announced plans to cut…
Month: June 2022
The Bright Side of Crypto Winter
Above all, Consensus was a big tent. Huge, in fact, literally and figuratively. We drew 17,000 attendees to the conference itself, and another 3,000 attended satellite events. It was the South by Southwest of crypto, complete with concerts from Disclosure and Big Boi. And it will be next year, too. Source
Cryptocurrency Market Update | Fear Rising? Time to Invest? Token Metrics AMA
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin #Crypto #Investing Cryptocurrency market update. Fear rising? Time to invest? Sign up for Token Metrics at Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. Be sure to subscribe and like the video to let us know you like the content! 📌 Secure your crypto by securing your phone with Efani: 📌 Earn a crypto bonus of $250 when you open an…
Blockchain Security Firm Forta Introduces Native Token
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Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit – Bitcoin News
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314% at the time of writing. Tron’s USDD Has Been Unable to Surpass $0.98 During the Past 24 Hours The stablecoin USDD, issued on the Tron blockchain, is an algorithmic stablecoin that also leverages overcollateralization to…
Decentralized DAO, EarthFund Launches To Promote Simple & Democratized Funding for World-Changing Causes
Launched today, EarthFund, a decentralized not-for-profit platform, aims to allow anyone to use blockchain technology to raise funds for causes that can promote good around the world. Blockchain technology and cryptocurrencies have a massive opportunity to better the world and become a massive force for good, but till now the technology has been used for short-term gains with very little impact being felt by those that need it. According to EarthFund co-founder, Adam Boalt, the technology “hasn’t been fully adopted yet mainly because of usability”, and that is what his…
No, Lido Is Not ‘the Next Terra’
“The price of [Lido] staked ETH prices in some risk of not doing the Merge, some risk of [Ethereum not allowing] withdraws, and some opportunity cost of having your ether locked up for along time,” Ben Edgington, product lead at Ethereum development firm ConsenSys, told CryptoX. Source LidoTerra CryptoX Portal
Coinbase Layoffs Include 8% of India Team
The company yesterday said it was letting go 1,100 employees, or 18% of its global workforce. Source
Uniswap Labs Hires Former NYSE President to Be Adviser
Stacey Cunningham, the first female president of the NYSE, will serve as an advisor to the company behind the DeFi protocol. Source
MATIC Slides to 1-Year Low as LINK Rebounds Following Losses – Market Updates Bitcoin News
MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and comes as LINK rebounded on Wednesday, hitting a four-day high in the process. Polygon (MATIC) MATIC was a notable mover on hump-day, as prices of the world’s 20th-largest cryptocurrency fell by almost 10%. Following a peak of $0.4331 on Tuesday, MATIC/USD slipped to a low of $0.3658 earlier in today’s session. Wednesday’s move saw prices drop for a sixth consecutive day, hitting their lowest point since…