Tuesday, July 27, 2021
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Crypto Crash Cost Ethereum Boss His Billionaire Status, Said We’re Caught In A Bubble

As devastating as Wednesday’s crypto crash was, few hodlers lost as much as Ethereum Co-Founder Vitalik Buterin. According to CNN, Buterin’s public wallet was valued at $1.1 billion on the morning of the downturn. But following the crash, it stood at $870 million. Markets bounced back as the selling eased off.

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Free TON achieves mainnet status after reaching ‘sufficient decentralization’

The Free TON project, a community-led software fork of Telegram’s ultimately ill-fated attempt at launching a blockchain, announced on Tuesday the launch of the project’s effective mainnet.The network had originally launched in May 2020, building on Telegram’s code base but otherwise showing no association with the communications company and related

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Zcash’s Electric Coin Company Shifts to Non-Profit Status Following Stockholder Vote

The technical firm behind privacy cryptocurrency zcash (ZEC) is transitioning to a non-profit, called the Bootstrap Project, after a majority of shareholders elected to donate their holdings in the company.“A majority of the investors and owners have informed us of their generous willingness to do this in support of our

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Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar

Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows.Goldman Sachs’ Dollar and Gold PredictionsAmerican investment bank

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Malta Regulator Clarifies Legal Status of Binance

In a recent interview, a Malta parliamentarian has sought to clarify the legal status of top cryptocurrency exchange Binance within the island country.Speaking to CryptoX, Malta’s Junior Minister for Financial Services and Digital Economy, Bartolo Clayton, reaffirmed that Binance has never been licensed in the jurisdiction:“As informed by the

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