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A new stablecoin is ready to hit the UK amid the crypto crash

GBPT will launch in early July and will be built on the Ethereum blockchain.

Money

Binance ‘in it for the long game’ and isn’t afraid of the crypto crash

Despite the crypto crash and the price of Bitcoin plunging, innovation can come from dark times, argues Binance’s Europe VP Martin Bruncko.

Money

Crypto market anxious as Bitcoin drops below $20,000

"It feels very like 2008 to me in terms of how there could be a domino effect of bankruptcies and liquidations," one analyst said.

Money

Elon Musk sued for $258 billion over Dogecoin ‘pyramid scheme’

Musk's tweets on Dogecoin, including one where he called it the "people's crypto", have caused massive swings in its price.

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Tech News

Forget Web3. Is Web5 the future of the Internet?

Jack Dorsey has announced a new decentralised platform he sees as the future of the Internet using blockchain technology.

Money

Wall Street watchdog to laid-off crypto staff: ‘Come work for us’

The US Financial Industry Regulatory Authority plans to boost its workforce, and has an eye on fired Coinbase workers who know the cryptocurrency industry from the inside.

Money

Bitcoin drops below $25,000 as major crypto lender halts withdrawals

Bitcoin hit its lowest level since December 2020 after Celsius Network said it was pausing all withdrawals and transfers, citing “extreme market conditions”.

Money

PayPal has a new crypto transfer tool

PayPal customers in the US can also send crypto to other PayPal users in seconds with no fees or network charges.

Green News

Which city wants to ban crypto miners using fossil fuels?

Fossil fuel power plants currently provide energy to miners of cryptocurrencies like Bitcoin.

Money

‘Crypto winter’ may already be here. Here’s what it means

Cryptocurrencies are known for their volatility but cryptos have lately been hit especially hard.

Money

Taming crypto: Regulators eye stablecoin safeguards and capital rules

After the collapse of the Terra stablecoin, financial watchdogs are looking for ways to limit the risks posed by crypto to the wider financial system.

Money

Estonia is cracking down on crypto. This is why

New rules will make getting a crypto license harder in Estonia as Europe cranks-up regulation in the wake of the TerraUSD and Luna collapse.

Money

A young person's game? A third of over 50s are investing in crypto

Nearly a third of those aged 50 and above are betting on crypto as part of their early retirement plans, according to a new poll.

Money

Russia is considering allowing crypto for international payments

As Western sanctions begin to bite, Russia is considering allowing crypto for international payments.

Tech News

Crypto crash: Terra 2.0 launches but tanks after take-off

“Terra 2.0 is coming,” the company announced last week after Luna's collapse rattled crypto markets.

Money

Russia bets on digital ruble to fend off Western sanctions

Moscow said it should be able to make international payments with the digital ruble by next year.

Money

Terra Luna crash: What are stablecoins and how stable are they really?

The collapse of TerraUSD has led to billions of dollars being wiped off the cryptocurrency market - and raised serious questions about how stable stablecoins really are.

Tech News

Terra Luna crash made headlines but stablecoins are here to stay

While many are heralding the end of the crypto space, the Terra Luna stablecoin crash is just one of many growing pains for the sector.

Money

Portugal wants to start taxing cryptocurrencies, says finance minister

Portugal is currently seen as attractive to crypto investors thanks to current tax rules that don't apply to cryptocurrencies.

Money

Russia says legalising crypto for payments is a matter of time

"The question is, when this happens, how it will be regulated, now that the central bank and government are actively working on it," said Russia's industry and trade minister.