Vitalik Buterin, Ethereum’s co-founder, has shared his opinions on determining if an algorithmic stablecoin is sustainable, listing two requirements that he considers necessary. This is a reaction to the recent crash of TerraUSD (UST) and the overall collapse of the network’s ecosystem, which led to around a $40 billion loss. In a blog post, Buterin wrote that algorithmic stablecoins… […]
Skip to main contentReutersOctober 1, 20231: 21 PM UTCUpdated agoThe logo of Germany’s Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside of an office building of the BaFin in Bonn, Germany, April 15, 2019. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsBERLIN, Oct 1 (Reuters) – German financial regulator BaFin will send a special… […]
[1/2]Traditional fishing boats sail as Mozambique’s tuna fleet sits in dock beneath Maputo’s skyline, in this picture taken August 15, 2015. Picture taken August 15, 2015. REUTERS/Grant Lee Neuenburg/File Photo Acquire Licensing RightsSettlement resolves major legal dispute inherited by UBSSome creditors also settle decade-old caseMaputo calls news conference for MondayCase hinges on decade-old “tuna bond”… […]
Vapour pours from a steel mill chimney in the industrial town of Port Kembla, about 80 km (50 miles) south of Sydney July 7, 2011. REUTERS/Tim Wimborne/File Photo Acquire Licensing RightsBRUSSELS, Oct 1 (Reuters) – The European Union launched on Sunday the first phase of the world’s first system to impose CO2 emissions tariffs on… […]
[1/5]Naomi Campbell presents a creation by designers Sebastien Meyer and Arnaud Vaillant as part of their Spring/Summer 2024 Women’s ready-to-wear collection show for fashion brand Coperni during Paris Fashion Week in Paris, France, September 29, 2023. REUTERS/Johanna Geron Acquire Licensing RightsPARIS, Sept 30 (Reuters) – Coperni designers Sebastien Meyer and Arnaud Vaillant held their fashion… […]
The NFT space was red hot, but not without some critics rightly suggesting many entrants were putting forth unimaginative copycat projects and selling static jpegs lacking in a use case with only “hope” of creating collectability. Recognizing “hope is not a strategy,” Yokozuna Finance has quickly gone from being the new kid on the dohyō… […]
Meta CEO Mark Zuckerberg said during a shareholder meeting that the company is expected to lose a significant amount of money on the metaverse in the short term. In the meantime, it will hope for revenue growth from Instagram Reels. Meta’s metaverse play will result in a “significant” loss in the short term, according to… […]
The crypto market has experienced liquidations amounting to $523 million in the past 24 hours. Ethereum (ETH) suffered the most, at $234.2 million, followed by bitcoin (BTC) at $122.6 million. Nearly 143,000 traders were involved in the bloodbath. STEPN (GMT), Solana (SOL), and Sandbox (SAND) followed with liquidations of $23.76 million, $11.51 million, and $8.56 million… […]
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Luna 2.0: A real airdrop of the cryptocurrency will be made today. But criminals are taking advantage of the imminent release to create fake airdrops of the new cryptocurrency of the Terra ecosystem. PeckShield, a specialist in blockchain analysis and security, issued an alert about the case on its Twitter profile last Thursday. As noted,… […]
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