Cryptocurrency Analysis and News Portal
Fully integrating a stablecoin or central bank digital currency into the economy would destabilize banks but improve household welfare, a study released by a United States Treasury division has claimed. The harm to banking caused by digital currencies could be “significant” in times of stress, it found.The Office of Financial
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While 850,000 bitcoin went missing from the exchange in 2014, it's not that amount that’s potentially being disposed of, because the exchange has recovered 142,000 BTC along with 143,000 in Bitcoin Cash (BCH) and 69 billion Japanese yen ($510 million), representing about 20% of the hack. Source
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Tether executives and Binance CEO Changpeng “CZ” Zhao worried that Sam Bankman-Fried (SBF), former FTX CEO, was attempting to destabilize the crypto market aiming to save the now-bankrupt exchange, according to reports on Dec. 9.Messages seen by The Wall Street Journal of a Signal group chat named "Exchange coordination" reveals
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Former presidential candidate Hillary Clinton has urged nation-states to “start paying greater attention to the rise of cryptocurrency.” She warned that crypto could undermine the role of the dollar as the world’s reserve currency and could destabilize nations. Hillary Clinton Warns Cryptocurrency Poses Risk to US Dollar and Nations’ Stability Former Democratic
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Clinton’s comments come in the wake of controversial crypto tax reporting requirement that was part of the $1 trillion bipartisan infrastructure bill signed into law by U.S. President Joe Biden on Monday. Per the bill, from 2023, brokers will need to disclose customers’ names, addresses, phone numbers, capital gains, and
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