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Author: admin

This author has written 26527 articles

IMF exec board endorses crypto policy framework, including no crypto as legal tender

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador. The executive board of…

Continue ReadingIMF exec board endorses crypto policy framework, including no crypto as legal tender

Snow Crash manuscript that coined the term ‘metaverse’ to be auctioned by Sotheby’s

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The manuscript is part of a larger series of physical and digital items related to the famous book. The original manuscript of Neil Stephenson’s Snow Crash, the book that coined the…

Continue ReadingSnow Crash manuscript that coined the term ‘metaverse’ to be auctioned by Sotheby’s

MEXC Global publishes proof of reserves after monthlong testing

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The report shows high reserve ratios for USDT, USDC, BTC and ETH. On Feb. 22, cryptocurrency exchange MEXC Global released its proof-of-reserves (PoR) snapshot after 45 days of testing. In…

Continue ReadingMEXC Global publishes proof of reserves after monthlong testing

Platypus reveals compensation plan for users’ funds after attack

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins. Decentralized finance (DeFi) protocol Platypus has disclosed the details of a recent $9.1…

Continue ReadingPlatypus reveals compensation plan for users’ funds after attack

Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

$1.9 billion in BTC options are set to expire on Feb. 24, and bulls are well positioned to profit despite the Federal Reserve's intention to cool off the U.S. economy.…

Continue ReadingBitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry

FTX Japan reports $50M in withdrawals since Feb. 21

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

According to the crypto exchange, 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets. Bankrupt crypto firm…

Continue ReadingFTX Japan reports $50M in withdrawals since Feb. 21

How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

Despite similar price action, Fantom and Optimism ecosystems are moving in opposite directions and this is reflected in each token’s price. The price action of Optimism (OP) and Fantom (FTM)…

Continue ReadingHow Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action
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