Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating......

Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’

During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and......

Bitcoin, Ethereum teknisk analys: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday

BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterdays Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin......

Brazil Creates Crypto-Dedicated Investigation Unit

The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about......

Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm isfacing challenges.While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentionedfinancial difficultiesstemming fromkey......

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

According to Blockfis co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million......

Rapportera: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known asWu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firms staff due toa sharp drop in revenue.Furthermore, the reporter claims that Huobis co-founder Leon Li is......

NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week,......

Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education.......

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer......