NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report

Eric Adams, who became mayor of New York City in January, has reportedly stood behind a campaign pledge to make the city a crypto hub, despite a drop in the price of many tokens in 2022. According to a Dec. 12 report from Slate, Adams suggested he still wanted New York City to be the “center of the cryptocurrency industry” — one of the plans he announced during his mayoral run in November 2021. The New York City mayor reportedly converted the first of his three paychecks while in office…

STASIS Deployed the Largest Euro Stablecoin EURS on XDC Network to Boost Web3 Payments

Place/Date: Singapore – December 12th, 2022 at 4:59 pm UTC · 4 min read Source: STASIS STASIS, the issuer of the largest euro-backed stablecoin, has deployed its EURS stablecoin on XDC Network, enabling the XDC community to advance their crypto journey into stablecoins. Turbulence is a familiar feeling to dwellers in the crypto realm. In a record-breaking bear market, even trusted companies lose crowns and go bankrupt, while stablecoins and ecosystems can fail in the blink of an eye. Recent events have only strengthened the need for transparent solutions that…

100 BTC to Be Won in MEXC’s World Cup Futures Individual Trading Competition – December 2022

Place/Date: – December 12th, 2022 at 4:49 pm UTC · 3 min read Contact: Jenny Sun, Source: MEXC Photo: MEXC As the final eight teams: Croatia, Brazil, Netherlands, Argentina, Morocco, Portugal, England, and France enter the quarter-finals, the World Cup is looking to be increasingly fierce and interesting! During the same period, MEXC’s “World Cup 2022 Futures Trading Competition” will be available to all Futures traders. As mentioned in the announcement, a total of 100 BTC was issued and awarded to Futures users participating in the event. According to the…

Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely

Continuing his so-called apology tour, Sam Bankman-Fried appeared on a Twitter Spaces chat with Unusual Whales and told nearly 60,000 listeners that he intends to testify at the United States House of Representatives Financial Services Committee remotely on Dec. 13. He was previously confirmed to appear in person. Bankman-Fried, who is allegedly currently located in the Bahamas, missed the deadline to confirm his appearance before the Senate Banking Committee the following day, despite the threat of a subpoena. Despite his frequent public speaking, Bankman-Fried has gone silent on Twitter himself,…

SHIB Slips to 20-Day Low, DOGE Also Declines – Market Updates Bitcoin News

Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today. Shiba Inu (SHIB) Shiba inu (SHIB) was down on Monday, as the meme coin moved to its lowest point in the past 20 days. Following a high of $0.000009282, SHIB/USD was down by nearly 5% today, hitting a…

DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities

Place/Date: Bucharest, Romania – December 12th, 2022 at 4:17 pm UTC · 3 min read Contact: Daniel Garett, Source: Dypius After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into over the years. Dypius has the suffix of the nebulae in the galaxy. Nebulas are the formations of gas, dust, and other materials that “clump” together to form denser regions in…

Dogeliens, Aave, and Celo Are Must-Have If You Desire Wealth Increase 

Place/Date: – December 12th, 2022 at 4:14 pm UTC · 4 min read Source: Dogeliens One or all of Dogeliens (DOGET), Aave (AAVE), and Celo (CELO) could yield tangible profit in months to come. Market analysts believe these crypto assets have huge prospects, and they’ve shown signs of an excellent rally in recent times. However, the coin market’s highly volatile nature still makes them a risky purchase. Thus, personal research and risk management are important before considering these projects. Dogeliens (DOGET) is the most risk-worthy among these altcoins. It is…