Bitcoin (BTC) Drops In Minutes After An Upward Trend In U.S. Inflation
Bitcoin (BTC) fell on Friday after US CPI data showed that inflation was far from going down. Bitcoin (BTC ) dropped 1.5 percent in the minutes following the reading, which revealed that the US consumer price index (CPI) increased in May, contrary to expectations for a contraction. According to the Department of Labor, the CPI […]
Lido Staked Ethereum (stETH) Price Falls, Depegs From Ethereum Trade Ratio
Lido Staked Ethereum (stETH), a token representing staked Ethereum on the defi platform Lido, has depegged significantly in the last 24 hours. Lido Staked Ethereum (stETH) has dropped nearly 4% in the last 24 hours to $1,695.28. It is expected to trade at a 1:1 ratio to Ethereum, which is currently trading at $1,771.43. On […]
Optimism Hacker Plans To Return 18 Million OP Tokens
Optimism price increased by about 25% after the hacker agreed to return the OP tokens. The Optimism (OP) hacker sent another 1 million OP tokens to Vitalik Buterin’s wallet address on Friday, along with a message stating that they intend to return 18 million OP tokens. Furthermore, they stated that they believe in Ethereum’s founder, […]
Mastercard Plans To Enable 2.9 Billion Cardholders To Buy NFT
In January, Coinbase’s newest NFT marketplace announced support for card payments and Mastercard has also decided to expand its services. Mastercard, the international payment processing giant, is expanding its payment network for nonfungible token (NFT) markets and Web3. Over the last year, the financial services provider has been working on expanding their payment networks to […]
Samsung Asset Management Sets To Launch Blockchain ETF In Hong Kong
In March 2022, Samsung Asset Management bought a 20% share of Amplify Holding Company, an ETF provider in the United States. Samsung Asset Management (SAMHK), a Hong Kong-based subsidiary of Samsung’s investment arm, is developing a blockchain-themed exchange-traded fund (ETF ). SAMHK announced on Thursday that the firm expects to launch its Samsung Blockchain Technologies […]