Markets
Markets
In light of the recent collapse of both the TerraUSD (UST) stablecoin and Terra coin (LUNA), Blockstream CEO Adam Back points out the confusion being caused by mainstream outlets for publishing headlines about Tether (USDT) losing its peg to the U.S. dollar. In Back’s Twitter thread, he explains
On May 12th, 2022 Australia finally launched a Bitcoin spot ETF along with a second Bitcoin ETF that invests in a Canadian spot Bitcoin ETF. 21Shares Bitcoin ETF (EBTC: AU) is the first Australian spot Bitcoin ETF offered in partnership with ETF securities. The fund directly invests in Bitcoin and
Samson Mow, Paolo Ardoino, Adam Back, Gabor Gurbacs, and Arnab Naskar shed some insight into the fundamental differences between collateralized stablecoins (fully backed by USD or other reserves) and algorithmic stablecoins (which rely on smart contracts to maintain price stability). Adam Back explained the difference: “the biggest and most widely
News • Bitcoin • May 16, 2022Samson Mow, Paolo Ardoino, Adam Back, Gabor Gurbacs, and Arnab Naskar shed some insight into the fundamental differences between collateralized stablecoins (fully backed by USD or other reserves) and algorithmic stablecoins (which rely on smart contracts to maintain price stability). Adam Back explained the difference: “the biggest and most widely
News • Bitcoin • May 16, 2022In light of the recent collapse of both the TerraUSD (UST) stablecoin and Terra coin (LUNA), Blockstream CEO Adam Back points out the confusion being caused by mainstream outlets for publishing headlines about Tether (USDT) losing its peg to the U.S. dollar. In Back’s Twitter thread, he explains
News • Bitcoin • May 14, 2022On May 12th, 2022 Australia finally launched a Bitcoin spot ETF along with a second Bitcoin ETF that invests in a Canadian spot Bitcoin ETF. 21Shares Bitcoin ETF (EBTC: AU) is the first Australian spot Bitcoin ETF offered in partnership with ETF securities. The fund directly invests in Bitcoin and
News • Bitcoin • May 13, 2022The Luna Foundation Guard has acquired an additional 37,683 Bitcoin totaling $1.5 Billion to bolster the reserves of its most popular stable coin U.S. Terra. Do Kwon, co-founder and CEO of Terraform Labs, said that the foundation is expected to complete its goal of purchasing $10 Billion
News • Bitcoin • May 06, 2022A recent press release revealed that the Securities and Exchange Commission's (SEC) Cyber Unit, renamed the Crypto Assets and Cyber Unit, has nearly doubled in size to meet expanding demands for investor protections of digital assets and cyber threats. The unit now consists of 50 dedicated positions. According
News • Bitcoin • May 03, 2022Roger Ver was among the early cyberpunks and libertarians who gravitated to Twitter while trying to popularize crypto. Ver said in an interview that he’s optimistic Musk will end censorship on the social media platform. Although he is referred to as an evangelical figure, he hasn’t been a
News • Bitcoin • Apr 29, 2022Originally set to launch on April 27th, the Bitcoin ETF from Cosmos Asset Management has recently been postponed. ETF Securities and 21 Shares were expected to facilitate the launch announcing Australia's first-ever Bitcoin spot exchange-traded fund (ETF). Spot-based ETFs are becoming increasingly popular as they are expected to
News • Bitcoin • Apr 29, 2022Later this year, the 23,000 companies that use Fidelity to facilitate their retirement plans will have the option to put Bitcoin on their account. The adoption of Bitcoin by the nation's largest retirement plan provider suggests that Bitcoin is moving further into the mainstream. The company is
News • Bitcoin • Apr 27, 2022