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” ‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino “ Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Central American country by providing more onramps to the USDT stablecoin, according to Paolo Ardoino. In an exclusive interview with…
” Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon “ Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks. In an announcement sent to Cointelegraph on Thursday, Tether mentioned that the token…
” Blockchain tech offers multiple paths to financial inclusion for unbanked “ Financial inclusion, accessible services and the unbanked are standard talking points in many conversations about crypto. But, the details may remain somewhat fuzzy — the people who talk about crypto are generally those already inside the financial system. There are people who are…
” Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF “ ARK Investment Management, an investment firm founded by veteran investor Cathie Wood, is taking another try to launch a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. ARK Invest submitted on May 13 yet another application for its physical Bitcoin ETF,…
” ECB president’s anti-crypto comments trigger community responses “ The crypto community has fired back at European Central Bank (ECB) President Christine Lagarde for her recent anti-crypto remarks, with people expressing disappointment and even criticizing the euro. As crypto markets show signs of stagnation, Lagarde reminded the world of her stance on cryptocurrencies. According to…
” WEF 2022: Metaverse should be developed from children’s perspective, says LEGO VP “ Metaverse and Web3 dominated the discussions on the fifth day of the ongoing World Economic Forum (WEF). A panel discussion on “The Possibilities of the Metaverse” was joined by High Fidelity co-founder Philip Rosedale, Mindfire Foundation founder Pascal Kaufmann, Magic Leap…
” ‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam “ Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam. Originally shared on Twitter, the video in question was a deepfake of Musk purportedly promoting a cryptocurrency platform boasting 30% returns on crypto deposits. Scammers made use of…
” Developing countries love the Metaverse, rich nations not keen: WEF survey “ Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the World Economic Forum (WEF). Market research firm Ipsos released the results of the survey on…
” Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil “ Even though crypto markets appear to be on a long, arduous path ahead based on recent weeks of token turmoil, venture investors looking to get their hands on a Web3 future aren’t slowing down. On Wednesday, venture capital giant, A16Z, announced closing its…
” Tax guidelines for crypto mining pass the first reading in Kazakhstan “ Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators. On Thursday, May 25, the lower chamber of Kazakh parliament, Mejlis,…