Month: June 2022

UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph

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The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies such as blockchain in solving global issues including climate change. During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Cornèr took over the stage to understand the various blockchain initiatives that actively fight climate change. Starting off the conversation was Anna Dart, a digital avatar by DigitalArt4Climate who shared the idea of bringing together artists to inspire climate change: “We are blessed with having the opportunity to…

ALERT!!! Crypto Bear Market Confirmed?!? (Top Experts Market Analysis)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has seen better days. Now the question remains if this downward crypto trend is going to be around for much longer than we thought. In today’s video, I sit down with the newly minted Carl from The Floor to take a look at Bitcoin’s current trajectory. We are hoping to nail down whether or not we are in a bear or bull market. Stay tuned for our most recent Bitcoin technical analysis and BTC price prediction! What We Discuss: 0:00 Intro…

Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40% – Bitcoin News

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Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well. Criminal Cases Involving Cryptocurrency in Russia Near 1,000 in 2021 Lawsuits related to cryptocurrency, exchange of digital assets and coin minting have seen a serious increase in Russia over the course of last year, reaching a total of 1,531. The number comes from research conducted by the cybersecurity company…

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What can other algorithmic stablecoins learn from Terra’s crash?

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The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics who understood just how thin the razor’s edge was for TerraUSD (UST) — now TerraUSD Classic (USTC) — I think it’s safe to say that most people didn’t expect Terra to fail so fast, so dramatically and so completely irrevocably. I’m writing this as the Terra community is voting on a plan to restart some kind of Terra 2.0 — a plan to salvage the layer-1 ecosystem without the UST…

Do Kwon dismisses allegation of cashing out $2.7B from LUNA, UST

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Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years.  Numerous unconfirmed reports surfaced on Saturday, claiming Kwon’s participation in draining liquidity out of Luna Classic (LUNC) and TerraUSD Classic (USTC), before the crash to purchase United States dollar-pegged stablecoin such as Tether (USDT). Rumors about Kwon cashing out LUNA and UST reserves surfaced after a Twitter thread by FatManTerra shared the alleged details on how Kwon, along with Terra influencers,…

Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years.  Numerous unconfirmed reports surfaced on June 11, claiming Kwon’s participation in draining liquidity out of LUNA and UST before the crash to purchase US dollar-pegged stablecoin such as Tether (USDT). Rumors about Kwon cashing out LUNA and UST reserves surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds…

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Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation – Regulation Bitcoin News

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The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s Chief Economic Adviser Skeptical of Crypto, Defi, Decentralization The Indian government’s chief economic adviser (CEA), V. Anantha Nageswaran, reportedly warned about the danger of crypto and the risks posed by its lack of regulation Thursday at an Assocham event. Referring to cryptocurrency, he was quoted by local media as…

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