As the Federal Reserve reveals it has been told to print as much money as it needs to combat the coronavirus crisis, Crypto-Twitter points out the shortcomings of the plan. Crypto-Twitter has reacted with horror to the news that the United States Federal Reserve has been given a mandate to print as much new money […]
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Almost two weeks after its nightmare liquidation streak, BitMEX still faces suspicions over its business practices, particularly during the recent Bitcoin price crash. Bitcoin (BTC) derivatives exchange BitMEX continues to field criticism after attempting to explain a mass liquidation event during which BTC/USD crashed 60%. In a blog post on March 23, BitMEX addressed what […]
Continue ReadingCrypto advocate Ryan Selkis believes he and his company were shadow-banned by Twitter for company’s COVID-19 coverage. Ryan Selkis, the CEO of crypto market analysis software firm, Messari, and long-time cryptocurrency commentator, has reportedly been shadow-banned on Twitter for his coverage of the coronavirus pandemic. Messari runs a tracking service that provides updates on the […]
Continue ReadingA surge towards $7,000 has been short-lived for Bitcoin, which has since dived by around $1,000 in 24 hours as analysts stay worried. Bitcoin (BTC) dipped below $6,000 on March 21 as an end-of-week rally to near $7,000 appeared to stall. Cryptocurrency market daily overview. Source: Coin360 BTC price ruminates at $6,000 Data from Coin360 […]
Continue ReadingThe U.S. SEC halts alleged ongoing crypto scam Meta 1 Coin, which promised up to 224,923% and is backed by a former state senator. The United States Securities and Exchange Commission (SEC) has frozen the assets of Meta 1 Coin, an alleged crypto scam backed by a former state senator that promised investors returns of […]
Continue ReadingHive has successfully forked from the Steem network, concluding weeks of conflict between Justin Sun and the Steem community. Following weeks of conflict between the Steem (STEEM) community and Justin Sun, the community-led Hive hard fork was successful. On March 20, Hive hard forked the Steem network, airdropping HIVE tokens to STEEM holders 1:1, excluding […]
Continue ReadingBrooklyn Nets point guard Spencer Dinwiddie and Cred have partnered to promote the crypto asset-based platform, in what is the NBA player’s latest crypto venture. Crypto-based lending and borrowing platform Cred is partnering with professional basketball player and entrepreneur Spencer Dinwiddie. A special page has been launched since March 20 for Dinwiddie’s fans to use […]
Continue ReadingThe former Bakkt CEO and current Republican senator Kelly Loeffler has been criticized for dumping stock immediately after a private Senate hearing on coronavirus. Kelly Loeffler, the former CEO of Intercontinental Exchange subsidiary Bakkt and current Republican senator from Georgia, reportedly sold millions in stock within days of a Senate Health Committee hearing on the […]
Continue ReadingCryptocurrencies are like beer in more ways than meet the eye. Whether crypto markets are up or down, people will still buy beer. The American beer industry has seen a 600% increase in the number of breweries between 2008 and 2016, according to data from The Atlantic. And the crypto industry really boomed from nothing […]
Continue ReadingThe Block.One CEO has criticised the Eos Worker Proposal System, warning that the prognosis is bleak for many DeFi projects. Brendan Blumer, the CEO and co-founder of Block.one — the company behind Eos (EOS), took to Twitter to express his concerns regarding the suggested ‘EOS Worker Proposal System’ (WPS) on March 15. Developers at EOS […]
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