Do Kwon, Terra's co-founder is at the forefront of the recent drop in the value of Luna and the stablecoin TerraUSD, or UST. Since it was devalued against the US dollar, the UST has experienced a decline in value. ...
Despite the current downturn in the cryptocurrency market, El Salvador has purchased an additional 500 bitcoins. The crypto market is currently in the red, with cryptocurrency values plummeting. Notwithstanding the tide of events, El Salvador's president, Nayib Bukele, announced...
Coinbase, a notable cryptocurrency exchange, has reportedly announced that it intends to freeze some accounts associated with a specific set of Russian clients by the end of May. The trading platform allegedly notified some Russian clients that they must...
Argentina's Central Bank (BCRA) has prohibited financial institutions from enabling cryptocurrency trading, only days after two of the country's major banks, Banco Galicia and Brubank, expressed interest in digital assets. On April 2nd, they announced that their customers would...
Binance, a notable cryptocurrency exchange, has been granted a license by the French financial regulators to operate as a digital asset service provider in the country. With this accreditation, Binance will be able to improve its services in the...
A private university, Bentley University, has partnered with a notable crypto exchange, Coinbase, to accept cryptocurrency for tuition payments. The private university based in Waltham, Massachusetts, announced that it intends to accept cryptocurrency payments from its students. Bentley University's...
After nearly a decade of doing so, Wikipedia has declared that it will no longer accept cryptocurrency donations. It said that this decision was made in response to environmental concerns highlighted by community members. The Wikimedia Foundation manages Wikipedia,...
According to a report from TechCrunch, Andreessen Horowitz, one of the major players in the venture capital industry, intends to invest $500 million in the country's thriving startup ecosystem. With its large, web-savvy populace, India has witnessed a surge...
According to Reuters, the Swiss National Bank (SNB) is not currently interested in holding bitcoin (BTC) but may do so in the near future. Chairman, Thomas Jordan stated this during the central bank's annual general meeting on April 29th,...
Meta, formerly known as Facebook, intends to create its first physical storefront as it seeks to position itself as a leader in the metaverse space. The 1,550 square-foot Meta Store, which will open on May 9 at the company's...
