Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy
Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a...
Bitcoin News
Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App
Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money...
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite...
Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and...
Democrats and Republicans Agree Cryptocurrency Is the Future of Finance, Survey Shows
A new survey has revealed that Democrats and Republicans agree cryptocurrency is the future of finance. The national survey was...
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate...
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the...
Biggest Movers: LTC Hits 6-Week High, as LEO Rises for the Ninth Straight Day
Litecoin rose to its highest level in over six weeks on Wednesday, as the token moved past a key price...
Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday....
Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack
The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the...
Bitcoin, Ethereum Technical Analysis: ETH Drops to 5-Day Low, as Fed Likely to Delay Policy Pivot
Ethereum dropped to its lowest level since last Friday during today’s session, as consolidation in crypto markets continued on Wednesday....
VICUNA Platform, Smell in Metaverse-VINAVerse
VICUNA is designed to develop cutting-edge technology and applications that push users beyond the limits of immersive experiences. VICUNA team...
Economists Warn of Severe Recession as Fed Continues Raising Interest Rates to Fight Inflation
A growing number of economists have warned about a severe recession in the U.S. if the Federal Reserve keeps up...
Chinese Central Bank Governor: User Privacy and Financial Security Key Principles Guiding CBDC Design Process
According to Yi Gang, governor of China’s central bank, the process of designing the country’s digital currency is premised on...
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a...
