Cryptocurrencies have reached the ecosystem of digital payments and finance. Through a small IPO, $200 million has been raised by Crypto 1, with this capital, the company plans to strengthen its presence in the crypto market and expand its offerings in that market.
Following the creation of its first Special Purpose Acquisition Company (SPAC), Crypto 1, one of the venture capital firms and asset managers in the cryptos-based industry, was...
What is staking and why it is critical to the crypto economy?
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You have probably already heard of cryptocurrencies by now and, although the value of cryptocurrencies is highly volatile and often misunderstood by the masses, cryptocurrencies have maintained growth and interest despite volatility, which sparks interest as a strategy for generating passive income.
While some invest in crypto mining to increase their holdings, others choose to staking cryptocurrencies and earn...
How To Research Cryptocurrencies?
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A step-by-step guide
If you choose to invest in Cryptocurrencies, it is essential to do some research on the different coins on the market. It is important to undertake research and due diligence before investing in any cryptocurrency. This is done in order to avoid making any costly mistakes and wasting your money. Fortunately, there are steps that you can take if you would like to better understand cryptocurrencies and what they...
Facebook who?
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The Diem stablecoin project has distanced itself from Facebook in response to Democratic senators calling for the immediate cessation of the firm’s Novi crypto wallet.
The company stated that the project was not “Facebook-related” and that the social media company had no role in its development.
The Facebook Wallet was announced in March 2013 as a way for the company’s users to send money to friends and family...
Tether could introduce new risks into securities markets
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Stablecoins like Tether (USDT), which is already a major participant in the $1.1 trillion commercial paper market, may bring new risks into short-term securities markets, according to Fitch Ratings, a worldwide ratings firm. The rating agency had already issued a warning in July that stablecoins had the potential to destabilize credit markets in the short term.
Tether has recently agreed to pay $41 million in a settlement with the US...






