Tether pays out $10bn in withdrawals since start of crypto crash

Detta inlägg post publicerades ursprungligen på denna sida this site ; Tether pays out $10bn in withdrawals since start of crypto crash Pace of withdrawals in May means ‘stablecoin’ company effectively dealing with slow-motion bank run Tether, the multibillion dollar Läs mer…

Ukrainian man loses life savings in ‘stablecoin’ crypto slump

Detta inlägg post publicerades ursprungligen på denna sida this site ; Ukrainian man loses life savings in ‘stablecoin’ crypto slump Yuri Popovich invested in the supposedly safe cryptocurrency to protect against risks of the invasion A Ukrainian man who converted Läs mer…

Crypto is starting to lose its cool – just look at El Salvador | Rowan Moore

Detta inlägg post publicerades ursprungligen på denna sida this site ; Crypto is starting to lose its cool – just look at El Salvador Rowan Moore Fantasies of a Bitcoin City have been undermined by the country’s huge losses in Läs mer…

Crypto crash unlikely to reduce its climate impact, expert says

Detta inlägg post publicerades ursprungligen på denna sida this site ; Crypto crash unlikely to reduce its climate impact, expert says Enormous energy consumption has barely reduced despite $1tn being wiped off the sector The crypto crash will not reduce Läs mer…

TechScape: How Musk and crypto bros get away with it

Detta inlägg post publicerades ursprungligen på denna sida this site ; TechScape: How Musk and crypto bros get away with it In this week’s newsletter: Just like Donald Trump’s political rise, Tesla’s CEO and firms like Tether win by simply Läs mer…

Q&A: the collapse of terra and what it could mean beyond crypto

Detta inlägg post publicerades ursprungligen på denna sida this site ; Q&A: the collapse of terra and what it could mean beyond crypto After the crash of the ‘stablecoin’ sparked panic, could the fall of the wider crypto market lead Läs mer…

$7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis

Detta inlägg post publicerades ursprungligen på denna sida this site ; $7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch Digital investors Läs mer…

‘Unstoppable until they aren’t’: are tech market losses signs of a bust?

Detta inlägg post publicerades ursprungligen på denna sida this site ; ‘Unstoppable until they aren’t’: are tech market losses signs of a bust? Apple is no longer the most valuable company, Meta took a $230bn hit, Amazon reported its first Läs mer…

Turmoil in crypto market as ‘stablecoin’ tether breaks dollar peg

Detta inlägg post publicerades ursprungligen på denna sida this site ; Turmoil in crypto market as ‘stablecoin’ tether breaks dollar peg Fears of contagion among already falling cryptocurrencies if tether follows terra into collapse Tether, the largest “stablecoin” and a Läs mer…

Could Terra fall prove to be Lehman Brothers moment for crytocurrencies?

Detta inlägg post publicerades ursprungligen på denna sida this site ; Could Terra fall prove to be Lehman Brothers moment for crytocurrencies? Explainer: Questions asked about whether other ‘stablecoins’ may follow suit – and if so, what else? Billions were Läs mer…

‘Crypto muggings’: thieves in London target digital investors by taking phones

Detta inlägg post publicerades ursprungligen på denna sida this site ; ‘Crypto muggings’: thieves in London target digital investors by taking phones Exclusive: Thousands of pounds stolen in cases seen by the Guardian in reports from City of London police Läs mer…

Yuga Labs apologises after sale of virtual land crashes Ethereum

Detta inlägg post publicerades ursprungligen på denna sida this site ; Yuga Labs apologises after sale of virtual land crashes Ethereum Demand for plots of land in multiplayer game Otherside was so high it overwhelmed the Ethereum blockchain A multi-billion Läs mer…

Crypto-crimewave forces police online to pursue ill-gotten assets

Detta inlägg post publicerades ursprungligen på denna sida this site ; Crypto-crimewave forces police online to pursue ill-gotten assets Scams relating to digital ‘coins’ are growing – but data reveals authorities are making record seizures of assets too In July Läs mer…