The European Central Bank will likely to opt for a centralized solution for its new digital euro, raising questions about state snooping.
Bitcoin price started a fresh increase from the USD 44,500 zone and even jumped above USD 47,300 before dropping sharply. It is currently (04:22 UTC) struggling near USD 46,000 and is unchanged in a day.
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.”
It’s now possible to travel between metaverses thanks to Ertha’s Portal NFTs. The game’s passionate community has already spent over $60,000 on these NFTs, despite their purpose being a mystery until now.
On Saturday, Ethereum based crypto lending protocol Inverse Finance, disclosed that it had been hacked, with the attacker making off with $15.6 million in cryptocurrency. As per the project’s report, the hacker set his sights on the Anchor money market, rigging token prices to borrow money with very little collateral.
Regardless of Tesla's Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg reported.
The crypto community and industry have chosen Ethereum as the chain of choice for most blockchain-based decentralized applications (DApps), but other chains may be better suited to handle the workload for decentralized autonomous organizations (DAOs).
Out of 172 institutional clients surveyed, leading global investment bank, Goldman Sachs found out that 51% of them had crypto exposure, according to a report published by Arcane Research.