Deconstructing Crypto Jargon: A Glossary for Beginners
Cryptocurrency and blockchain technology have rapidly emerged as transformative forces in finance and beyond. However, the complex terminology surrounding these concepts can be daunting for newcomers. This article will break down the key crypto jargon into understandable terms, providing beginners with a solid foundation to navigate this exciting new landscape. Crypto Glossary for Beginners The […]
Stellar Launches Open-Source Platform for Global Payments
Blockchain-based payment network Stellar has launched an open-source disbursement platform for global payments. Stellar stated in its announcement that SDP may assist with duties ranging “from paying gig workers anywhere in the world to delivering digital aid’.” The tweet claims that anyone can use the service to pay with cryptocurrencies anywhere worldwide and that it […]
SBF Requests 5 Weekdays of Freedom From Legal Defense Work
Seven days after the Department of Justice revoked former FTX founder Sam Bankman-Fried’s (SBF) bond, he now requests permission to spend five weekdays outside working with his defense team. According to a letter sent to US District Judge Lewis Kaplan on Friday, as reported by Bloomberg, legal representatives of SBF stated that their client had […]
Coinbase Suspends USDT, DAI, RAI in Canada
Coinbase has decided to halt trading of prominent stablecoins, namely USDT, Dai, and RAI, for its Canadian users. Cryptocurrency exchange Coinbase said that starting in September 2023, it would no longer allow Canadian users to trade the stablecoins USDT, DAI, and RAI. Days have passed since operations began in the nation. With this revelation, Coinbase […]
US BlockFi Clients Free to Withdraw Funds After Court Order
Numerous US-based clients of the defunct crypto lending firm, BlockFi, have reported being able to access their accounts following a directive from the U.S. Bankruptcy Court. Following an injunction from a U.S. bankruptcy court, many clients of the now-defunct crypto lending company BlockFi have reported being able to withdraw money for the first time in […]