Hints and tips:
Related Special Reports
...Tether’s digital token is a stablecoin — a cryptocurrency that typically tracks a hard currency to stabilise the price....
...The findings on KK Park are likely to increase pressure on Tether, which manages almost $100bn in assets, to crack down on use of the company’s in-house currency for illicit purposes....
...It’s to point out the absurdity of a regulatory regime in the US that lets meme-only tokens thrive — while crypto companies and blockchain tokens with more productive uses face hurdles....
...Crypto promoter and HTX “adviser” Justin Sun has claimed to have tokens with a value of $1.6bn deposited with the exchange, and said in 2022 that it was considering relocation....
...But the judge ruled that tokens sold to institutional investors were securities....
...that wiped out several companies and pushed the price of tokens such as bitcoin to multiyear lows....
...BlackRock’s promise that it will offer a stable value of $1 per token and invest in repo and Treasuries means that you get the yield, although the daily accrued dividends are paid monthly as new tokens....
...Miners are also hoping for increased activity on the bitcoin network to boost transaction fee revenue, driven by developments such as trading non-fungible tokens....
...There’s not so much talk about which token is next going “to da moon” or so many instances of “Wen Lambo?” this time around....
...Companies such as Marathon Digital, CleanSpark and Bitfarms have been stockpiling near-record amounts of coin in a bet that future increases in the token’s price will blunt the halving’s impact on their...
...The inflows helped the price of bitcoin — the biggest token of all — strike a record high....
...They are usually pegged to sovereign currencies and the majority of trading in crypto markets is done with stablecoins....
...The token — a Sam Bankman-Fried favourite — plummeted to a low of $13 days in the immediate aftermath of FTX’s collapse....
...He has argued many digital tokens qualify as securities and fall under the SEC’s purview....
...The lawsuit marks the continued fallout from the 2022 failure of exchange FTX and the subsequent collapse of numerous crypto companies and token prices....
...“This is insane,” said Timo Lehes, co-founder of blockchain company Swarm, adding that he expected more money to flow into the token....
...Rival token ether has surged by roughly 180 per cent to $3,850 as of Tuesday. Solana — a Bankman-Fried-favourite — has jumped from $15 at the time of FTX’s demise to $188 now....
...But despite bitcoin’s latest surge, liquidity is yet to return for the crypto industry’s most well-known token....
...The Worldcoin token is also not available in major global markets such as China and India, while watchdogs in Kenya last year ordered the project to shut down operations....
...Nigeria blocked access to several of the world’s largest cryptocurrency trading platforms, to try to halt the slide in its currency, the naira....
...Halvings were built into its closed-loop monetary system to reduce the risk of inflation, meaning the token might stay useful as a way to pay for stuff....
...And away from the law courts, crypto luminaries such as Mike Novogratz have seen their digital tokens such as Luna implode in recent years. Ouch....
...That said, this is just deeply silly: Over the past fifteen years, crypto has matured into a full-fledged asset class with hundreds of liquid tokens....
...The country is cracking down on currency speculation as the naira falls. The exchange decided to delist the naira from its site....
...Soundbite of the week: Headline-worthy scapegoat Crypto conglomerate Digital Currency Group this week filed to dismiss a lawsuit brought by the New York attorney-general....
International Edition