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” Central bankers bellow Bitcoin on El Salvador’s Bitcoin Beach “ The orange pilling adventure in El Salvador continues. In a video that beggars belief, 44 central bankers and financial delegates from emerging markets around the world shout “Bitcoin!” while posing for a photo in El Zonte, El Salvador: And all the Central Bankers screamed…….
” Commonwealth Bank puts crypto trading trial on ice as regulators dither “ The Commonwealth Bank of Australia (CBA) has put its plans for a second pilot program of crypto trading services on hold indefinitely and cut off access to those in the first round of testing. CBA sent Cointelegraph a transcript of a Tuesday…
” Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more… “ Fallout from the collapse of the Terra ecosystem continues to unfold with the United States-based yield generation app Stablegains facing potential legal action over its losses from the event. Users believe Stablegain has allegedly lost up to $44 million worth of deposited…
” Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other projects “ The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the water and are causing instability at several crypto projects. Mashinsky attributes recent Celsius (CEL) price falls, the brief Tether…
” Tether reports 17% decrease in commercial paper holdings over Q1 2022 “ USDT Stablecoin issuer Tether (USDT) has reported it cut its reserves allocation to commercial paper investments and increased that of United States Treasury bills over the first quarter of 2022. In a Thursday blog post, Tether reported its reserves were “fully backed,”…
” Tether launches crypto and blockchain education program in Switzerland “ Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether. In a Thursday announcement, Tether and Lugano said they will be launching the Plan ₿ Summer School in an effort “to…
” Swiss asset manager Julius Baer eyes crypto and DeFi potential “ The 132-year-old Swiss asset management firm, Julius Baer, intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients. The firm’s CEO Philipp Rickenbacher confirmed the move into the cryptocurrency space during his delivery of the company’s strategy update…
” Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue “ Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first quarter of 2022, gross profits are “up 34% year over year.” In total, the…
” FTX US to launch stock trading against stablecoins “ Major cryptocurrency exchange FTX is moving into equity trading, with its United States-based subsidiary FTX US launching a stock trading platform. West Realm Shires Services, the owner and operator of FTX US, announced on May 19 the upcoming launch of FTX Stocks, a stock trading…
” The Dept. of Commerce has 17 questions to help develop a crypto framework “ The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic competitiveness in digital assets including crypto and stablecoins. The Department of Commerce (DoC) intends on publishing a series of…