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Cryptocurrency News

Location American Cryptocurrency News for 29 May 2022
Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has launched with blockchain elements present. The game, which has been designed for mobile ...
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Elon Musk: We're Approaching a Recession but It's 'Actually a Good Thing' Tesla CEO Elon Musk believes the U.S. economy is approaching a recession but he explained why it is “actually a good thing.” Musk has estimated that the upcoming recession will last 12 to 18 months. Elon Musk Discuss...
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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) proto...
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India's Central Bank RBI to Adopt a 'Graded Approach' to Digital Currency Launch India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC). The RBI also said it is exploring the pros and con...
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Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted ...
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Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry h...
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Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term.
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Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, G...
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Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has alr...
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Struggling On-Chain Governance Experiment Tests Itself With New Experiments Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place...
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Crypto's Need for Sustainability Standard-Setting Starts Here Patricia Trompeter, CEO of Sphere 3D, a Nasdaq-listed crypto mining company.____Cryptocurrencies have gained strong momentum over the last couple of years, drawing widespread attention from both proponents and skeptics. ...
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Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency ...
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Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat i...
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Is there a secure future for cross-chain bridges?

Coin Telegraph - 29 May 2022 04:17
Is there a secure future for cross-chain bridges? For all the flak they have been getting recently, cross-chain bridges bring too much value to the blockchain space to ditch them.
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