KEY POINTS Elon Musk will join Twitter’s board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC. Twitter shares jumped in the morning. “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” …
Elon Musk to join Twitter’s board of directors, teases ‘significant improvements’ Read More »
A year after the Thodex cryptocurrency exchange went bankrupt, Turkish prosecutors are now seeking at least a 40,000 year-jail term for Faruk Fatih Ozer, the Chief Executive Officer of the trading platform reported to have fled with at least $28 million of trader’s funds. According to a Bloomberg report citing local news channel Demiroren News Agency, …
Turkey to Jail Missing Thodex CEO and Executives for at Least 40,000 Years Read More »
The Royal Mint NFT featured in a series of announcements aimed at making the U.K. a global crypto hub, with officials saying the NFT is “an emblem” of the approach the U.K. “is determined to take.” On Monday, the United Kingdom government Treasury announced that it has asked the Royal Mint to create one nonfungible …
Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins Read More »
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank of China (PBOC), said Saturday that it is …
China’s Central Bank Adds More Digital Yuan Pilot Cities Read More »
BTC was down 1% as stocks rose. WAVES falls 25%. Bitcoin (BTC) retreated from a high of $47,431 on Monday as bullish sentiment waned. Some alternative cryptocurrencies (altcoins) such as Solana’s SOL and Polkadot’s DOT token declined by as much as 6% over the past 24 hours. Meanwhile, WAVES fell by 25% after USDN, an algorithmic stablecoin of the …
Market Wrap: Cryptos Pull Back, Traders Eye Opportunities in Ether Versus Bitcoin Read More »
The stablecoin Neutrino USD has fallen below 0.80 USD after a pseudonymous on-chain investigator accused the Waves team of market manipulation. USDN de-pegged despite healthy backing Neutrino is the largest DeFi protocol on the Waves blockchain. Over the past six weeks, Neutrino USD has been the fastest-growing stablecoin. Data from CoinGecko shows that USDN’s market cap …
