Tether unveils token pegged to British Pound

[ad_1] Tether already has cryptocurrencies known as ‘stablecoins’ pegged to four other fiat currencies Tether already has cryptocurrencies known as ‘stablecoins’ pegged to four other fiat currencies Tether, the largest stablecoin issuer by market cap, unveiled on Wednesday a token linked to the British Pound (GBP). One GBP₮ token would be worth one British Pound […]

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Crypto firm BlockFi signs $250 million revolving credit agreement with FTX

[ad_1] The move comes as the crypto industry reels from crashing prices, frozen accounts, layoffs, and regulatory challenges The move comes as the crypto industry reels from crashing prices, frozen accounts, layoffs, and regulatory challenges BlockFi has signed a term sheet with digital asset exchange FTX for a $250 million revolving credit facility, the cryptocurrency […]

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Crypto investors’ hot streak ends as harsh ‘winter’ descends

[ad_1] The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold The wealth-generating hot streak for Bitcoin and other cryptocurrencies has turned brutally cold. As prices plunge, companies collapse, and skepticism soars, fortunes and jobs are disappearing overnight, and […]

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Dogecoin investor sues Elon Musk for $258 billion over alleged pyramid scheme

[ad_1] The investor claimed that in spite of Dogecoin having “no value,” the Tesla and SpaceX CEO had driven prices up before letting them crash The investor claimed that in spite of Dogecoin having “no value,” the Tesla and SpaceX CEO had driven prices up before letting them crash Elon Musk was sued for $258 […]

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Coinbase slashes 1,100 jobs as crypto winter sets in

[ad_1] Coinbase had earlier this month said it would extend a hiring freeze and rescind a number of accepted offers to deal with current macroeconomic conditions. Coinbase had earlier this month said it would extend a hiring freeze and rescind a number of accepted offers to deal with current macroeconomic conditions. Coinbase Global Inc will […]

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