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christine lagarde

Christine Lagarde thinks crypto assets are worthless but her son invests in crypto

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Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless but has admitted that her son is a crypto-investor. Speaking at an event, Lagarde said: “I am not a big fan of Bitcoin and other cryptocurrencies. I believe in the potential of blockchain technology and its ability to support financial inclusion and expand access to financial services for many people...

Bitcoin, Crypto adoption, Cryptocurrencies, Front page, Main, News

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tether

Tether Announces Reduction In Commercial Paper Reserves

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Tether’s commercial paper holdings have been reduced by 17% as the company seeks to improve the quality of its reserves. In its Consolidated Reserves Report released Thursday, the company indicated that it had reduced its commercial paper holdings from USD $24.2 billion to USD $20 billion during the first quarter of 2021. As of March 31, the end of the first quarter, Tether’s reserves were USD $82 billion of which 86% consisted of...

Altcoins, Cryptocurrencies, Front page, News

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floki inu

NASDAQ Features Floki as One of the Best Metaverse Projects for 2022

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May 17th, 2022 Floki shocked the crypto world in 2021 with an aggressive, global marketing campaign that spanned continents and featured partnerships with major football clubs and Formula 1’s Alfa Romeo team. In under six months, Floki emerged from a rocky origin to become a top 70 crypto project by market cap at $3.5b, before correcting with the global downturn in equities and crypto. The Floki Team and Vikings accomplished this...

Cryptocurrencies, GameFi, News, Press release

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luna fork - terra classic

Forking LUNA to Create Terra Classic: Terra Ecosystem Revival Plan 2

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Under a plan proposed by Do Kwon, the current chain would be renamed Terra Classic. The new chain would ditch the UST stablecoin. The current chain would be renamed Terra Classic, and the new chain would ditch the UST stablecoin. Under a plan proposed by Do Kwon, the current chain would be renamed Terra Classic. The new chain would ditch the UST stablecoin. Do Kwon, CEO of Luna/Terra, said that this was necessary to ensure that both...

Cryptocurrencies, Front page, Main, News

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ust terra luna

Terra Announce Emergency Measures To Save Luna and UST

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Terra is taking emergency measures to save its ecosystem. The company announced today that it will be burning the equivalent of 1.4 billion USTs, and increasing Luna’s mintage rate by over 300%. [ccpw id=”12733″] [ccpw id=”12732″] The move comes as a response to the precipitous decline in LUNA’s price, which has fallen almost 100% since last week. Terra’s stock price has plummeted as well, but...

Cryptocurrencies, Front page, News

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