CRYPTO

Yesterday the Basel Committee on Banking Supervision published a revised consultation on the capital requirements for crypto asset risk exposures. This is an iteration of the initial proposals issued last year. While some had hoped for more relaxed rules, with one major exception, they’re stricter, as the head of the committee warned previously. All mainstream stablecoins are unlikely to pass … Baca Selengkapnya

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Key Takeaways High-end graphics processing units (GPUs) have tanked in value on the secondary market over the past six months.  The falling price of Ethereum and its upcoming switch away from Proof-of-Work have contributed to the decreased demand. Rising energy costs have also hurt miner profitability, resulting in many miners selling their graphics cards to … Baca Selengkapnya

The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP as the only digital investment product that registered a positive 30-day return (30.8%) as of June 23. Three Arrows Capital Insolvency Factor The … Baca Selengkapnya

press release PRESS RELEASE. Singapore – July 1, 2022 – During the month of May, the Ergo Foundation co-presented Ergo’s fourth hackathon with ErgoPad. This ErgoHack Fest took place over three weeks and featured the largest prize pool to date, with over 18k SigUSD and 180k $ergopad up for grabs. ErgoHacks have been an identifying … Baca Selengkapnya

Cryptocurrency exchange KuCoin has completely refuted rumors that suggested that them halting withdrawals on their platform owing to heavy losses suffered due to the LUNA collapse. Johnny Lyu, the CEO of KuCoin has come out clean on the matter earlier today. In one of his recent tweets, Lyu wrote: Be aware of FUDs! Not sure … Baca Selengkapnya

Midas Letter Are You Really Still Debating Gold vs Bitcoin? | ML Daily ft Barrick Gold & Voxtur Analytics Play Episode Pause Episode Mute/Unmute Episode Rewind 10 Seconds 1x Fast Forward 30 seconds 00:00 / Subscribe Share James West & Ed Milewski discuss the major news stories and deliver the stock market recap for the … Baca Selengkapnya

A new financial system; a more democratized, even more inclusive, financial sector; the future of the internet — the crypto ecosystem has been described as all of these things. However, as is evidenced by digital assets’ inherent correlation with the Nasdaq 100, most people fail to conceptualize blockchain as anything other than an extension of … Baca Selengkapnya