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” Huobi explains what went wrong with HUSD after stablecoin is back on track “ After recovering the HUSD stablecoin’s dollar peg, crypto exchange Huobi explained what caused the short-term liquidity problem and assured users that it has been resolved. On Aug. 18, HUSD started to fall from its dollar value, trading at $0.92 at…
” Robinhood lands steep 60% discount on $170M exchange acquisition: Report “ Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood came in April, however according to various reports online around Aug.17,…
“10 Ways to Improve Your Office’s Work Environment” The world works much different than it did a few years ago. In the aftermath of the COVID-19 pandemic, there are many options for making employment more flexible. Whether your employees are remote or in the office five days a week, fostering a positive environment is critical….
” ‘There’s a lot less land to go around’ — why White Rock established off-the-grid mining in Texas “ Amid many cryptocurrency mining firms in Texas scaling down operations to reduce the load on the power grid, at least one company set up miners not quite as affected by the state’s energy requirements during extreme…
” Binance assures users after 3rd-party glitch briefly halted withdrawals “ Cryptocurrency exchange Binance announced a temporary freeze on withdrawals on Wednesday morning. The suspension took place across multiple networks as a result of a technical issue by a third-party provider, according to Binance. In a tweet, the exchange said the incident took place around…
” Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation “ Terraform Labs co-founder Do Kwon has reportedly hired a lawyer from a domestic law firm in South Korea just days after claiming the South Korean authorities are yet to reach out to him or file any charges against him. According to…
” Crypto.com secures UK registration for ‘cryptoasset activities’ “ Digital asset exchange Crypto.com has just been given the green-light for “certain cryptoasset activities” in the United Kingdom, after receiving registration confirmation from the Financial Conduct Authority (FCA) on Tuesday. According to an Aug. 16 entry in the FCA’s Financial Services Register, ‘FORIS DAX UK LIMITED’…
” Houston Texans becomes first NFL team to sell game suite with crypto “ National Football League (NFL) team Houston Texans has become the first organization in the league to sell single-game suites in exchange for crypto. The move comes as part of a deal with Texas-based crypto firm bitWallet, which as of Aug. 16…
” Google invested a whopping $1.5B into blockchain companies since September “ Google parent company Alphabet poured the most amount of capital into the blockchain industry compared to any other public company, investing $1.5 billion between Sep. 2021 and Jun. 2022, a new report shows. In an updated blog published by Blockdata on Aug. 17,…
” Celsius CEO personally directed crypto trades months before bankruptcy: Report “ Celsius CEO Alex Mashinsky reportedly “took control” of trading strategy at the crypto lending firm amid January rumors the United States Federal Reserve planned to hike interest rates. According to a Tuesday report from the Financial Times, Mashinsky personally directed individual trades and…