Algorithmic stabilization is the key to effective crypto-finance
[ad_1] After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers. This emotional response, however, is strongly at odds with reality. In fact, algorithmic...
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Bulls Could Be Back For Solana If It Is Above This Level
[ad_1] Solana price has displayed a completely bearish price thesis on the one-day chart. In that same timeframe, the coin declined by close to 9%. The depreciation in value might continue as the technical outlook points in the same direction. With the recent Solana Protocol Raydium hack of over...
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OneCoin Co-Founder Karl Greenwood Pleads Guilty to Wire Fraud
[ad_1] Karl Greenwood, the Co-Founder of OneCoin, the multi-billion dollar cryptocurrency pyramid scheme, has pleaded guilty to charges of wire fraud and money laundering in connection with his role in the fraudulent crypto project. The counts before him carry a maximum potential sentence of 20 years each, the Department...
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Japanese Government To Ease 30% Crypto Tax Requirement
[ad_1] Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due to this stringent tax law over the past years, some local crypto firms reportedly chose to move their business elsewhere. This development has impacted...
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Central Banks to Govern Exposure to Crypto in 2025
[ad_1] The Group of Central Bank Governors and Head of Supervision (GHOS) of the Bank for International Settlements (BIS) has endorsed a global prudential standard for banks’ exposure to crypto assets. The Group has also decided on January 1, 2025, as the implementation date for the standard. Grab your...
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Web3 community shares tips for a successful GameFi project
[ad_1] As the GameFi space continues its journey to attract gamers to a new gaming paradigm, community members shared their takes on what they think a mature GameFi project needs to succeed. From creating e-sports competitions with huge prize pools to making the game tokens more relevant for the...
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What Is COCOS? And How It Ended Up Replacing XRP In Top 10?
[ad_1] An unknown cryptocurrency called Cocos-BCX (COCOS) surprised market participants by sneaking into the crypto top 10 by market cap. Out of the bloom, the token records over $25 billion in market capitalization, according to data from CoinMarketCap. The platform experienced a bug that allowed COCOS to rise in...
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New York Regulator Mandates Crypto Permission for Banks
[ad_1] The New York Department of Financial Services (NYDFS) has published a guidance that requires banking firms under the State of New York to seek advance permission from it before they or their authorized third-party agents engage in cryptocurrency-related activities. Grab your copy of our latest Quarterly Intelligence Report...
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SEC approves 9 more WisdomTree ‘blockchain-enabled’ funds
[ad_1] The U.S. Securities and Exchange Commission (SEC) has given the green light to nine more blockchain-enabled funds from $82 billion asset manager WisdomTree. None of these funds track crypto assets themselves, but the firm does utilize the Ethereum and Stellar blockchains to keep a secondary record of share...
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Australia Aims to Regulate Crypto Under Finance Makeover
[ad_1] The Australian government wants to legislate the cryptocurrency industry and crypto service providers in 2023, according to a country’s Treasury statement released on Wednesday. The action is a part of a broader strategy to modernize the entire financial system, including the payments industry. Grab your copy of our...
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