Stakeholders rushed to Twitter this morning to head off any damage caused by Terra’s stablecoin and native token cratering.
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Bitcoin, Ethereum Continue Tumble Following Hot Inflation Numbers
Leading cryptocurrencies in Bitcoin and Ethereum continued to dip following the release of the U.S. Bureau of Labor Statistics consumer price index (CPI). The index is often used as a barometer for measuring inflation throughout […]
Bitcoin Falls Below $20,000, Ethereum Tests $1,000
Bitcoin has fallen to a significant new low in the current bear market. On Saturday morning, Bitcoin dropped below $20,000, according to data from CoinMarketCap—a milestone seen as a crucial support level for the top […]
Diem Selling Assets to Silvergate for $200M, Ending Facebook’s Stablecoin Project: Report
In brief The Diem Association will reportedly sell off its assets and IP to Silvergate for about $200M. Facebook originally launched the stablecoin project as Libra in 2019. Facebook’s stablecoin ambitions may finally be dead. […]