Clients of the American division of the FTX bitcoin exchange received access to trading in classic stocks. This happened after the completion of beta testing among a limited circle of users. The company promised in the future to add the possibility of transactions with options. Specific dates are not specified. FTX US does not charge a commission on securities transactions...
The cryptocurrency market is waiting for a fall in the event of a recession in the economy. This opinion was expressed by the head of the department of monetary systems and capital markets of the International Monetary Fund (IMF), Tobias Adrian, writes Yahoo Finance. He did not rule out the further sale of crypto assets and shares...
US Senate Banking Committee Vice Chairman Pat Toomey said that investors in crypto lending products had been hurt by the SEC's reluctance to clarify the regulation of the digital asset industry. In a letter to SEC chief Gary Gensler, the politician stressed that the agency's "regulation through enforcement" approach is a wayward and ineffective approach to consumer protection. The...
In 2022, the correction affected all areas of the digital market. Despite the decline in performance, the DeFi sector is not losing popularity. One of the drivers of decentralized finance is profitable farming. Investments in liquidity pools and lending platforms bring high returns - up to 4000% per year. Risk is limited by coin novelty and volatility. In 2018-2020 such platforms...
One of the chief specialists of Skerry Technologies, Nicholas Weaver, called Ethereum a “self-assembled Ponzi scheme.” In other words, he called the cryptocurrency project fraudulent. The expert noted that the structure of digital currencies' work implies the possibility of illegal actions. The specialist made such a statement, speaking to Kaylee Linez and Matt Miller on Bloomberg Crypto. Criticizing...
According to a recent survey by CivicScience, about 54% of investors have not sold their crypto assets in the past six months. A quarter of respondents noted that they sold almost all digital currencies. And 20% of those surveyed got rid of a small amount of digital moment. According to experts, it is not surprising that there...
The Central African Republic (CAR) has opened a public sale of the national cryptocurrency SANGO. The first phase of the Genesis Cycle project will last a month. During its course, 210 million coins are available to investors for $0.1. Quotes for the listing of the asset are stated at $0.45. At the time of writing, customers have purchased...
The protracted correction in the digital market does not affect the popularity of cryptocurrencies. As the number of users grows, the algorithms of top networks become more complex. This forces miners to increase their mining power. In Asics, hashing is performed by mining chips. Thanks to such microcircuits, the power of one ASIC is equivalent to the...
Hong Kong-based regulated bitcoin exchange OSL has launched a US dollar-denominated Ethereum-based coupon bond issue. The issue volume is not specified. Each token is equivalent to $10,000. There is a base and bonus coupon, which is tied to the dynamics of bitcoin. Repayment is provided in three months. The STO issue is placed among professional investors. Animoca Brands, Head & Shoulders Financial...
Bitmain-affiliated mining pool AntPool has announced a $10 million investment in the Ethereum Classic (ETC) ecosystem. The price of the cryptocurrency reacted with growth. “Let's support the ETC ecosystem and incubate high-quality PoW projects together ,” AntPool commented. The company's CEO, Leon Lv, stated during the World Digital Mining Summit 2022 conference that it is planned to increase the volume of investments...
