Most Popular NFT Projects in 2022
The whole fuss around Nonfungible tokens (NFTs) is not a façade. If you are still puzzled by its popularity, then the world has left you behind and you can only play ‘catch-up’ at this point. Since the advent of these digital tokens, a great number of initiatives have been established that have increased the use […]
FTX Freezes Under Strain of CPI Volatility
In the hour after the FTX CPI print, more than $110 million was sold off on crypto exchanges. Some customers couldn’t use the cryptocurrency exchange FTX on Tuesday, when a closely watched economic report on U.S. inflation came out. This made traders very angry. Sam Bankman-Fried, CEO of FTX, confirmed that the exchange was having […]
Bitcoin Recommended as Inflation Hedge Canadian PM Reacts
The new leader of the Conservative Party, Pierre Poilievre, said earlier this year that he thinks bitcoin is a good way to beat inflation. On Monday, Canadian Prime Minister Justin Trudeau said that the opposition party was wrong to tell people to invest in bitcoin to fight inflation. “Telling people they can avoid inflation by […]
USDC Influence: Crypto Lender Maker Turns to Staked Ether
This is part of a move away from crypto products like stablecoins that are controlled by a few people. Maker, the world’s largest decentralized-finance (DeFi) app, doubled the debt limit of its staked ether (stETH) vault this week. It did this to reduce its reliance on centralized stablecoins after Centre, the issuer of USD coin […]
Linux Foundation Set To ‘Work’ Digital Wallet Interoperability
The OpenWallet Foundation will work with a group of companies and non-profits to build an open-source software engine for making digital wallets. The Linux Foundation, a nonprofit that helps make open-source software, wants to start the OpenWallet Foundation (OWF), which will be a group of people working together to encourage the creation of digital wallets […]