Cosmos Blockchain Developer Ignite Fires Employees, CEO Peng Zhong Resigns
On Friday, Peng Zhong, CEO of Ignite, the firm behind the Cosmos blockchain ecosystem, announced his departure. Zhong's retirement comes only a few months after the company's name was changed from Tendermint to Ignite as part of a reorganization strategy.
Ripple Labs Inc Launches CBDC Innovate Challenge
Ripple Labs Inc, a digital currency payments startup, has announced the CBDC Innovate Challenge, a new hackathon for developers who can create XRP Ledger-powered payment systems based on Central Bank Digital Currency technology.
What Barriers Will Blockchain Remove from Asset Management?
Global inequality is worse than ever, and with the rising cost of living in many parts of the world as a result of the pandemic and political instabilities, the gap does not appear to be closing anytime soon.
Elon Musk Reveals Crypto Twitter Plans in Leaked Transcript
Billionaire Tesla CEO Elon Musk expanded on his plans for Twitter, including crypto payments, in a leaked Q&A session with employees.
Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news.
‘44 Nations Meeting in El Salvador to Talk Bitcoin,’ Claims President Bukele
Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation’s President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC).
Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC
Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency.
Op-Ed: Crypto is under attack
Crypto is now a real existential threat to the traditional financial system and someone is really unhappy about that.
WHAT TERRA’S COLLAPSE TEACHES ABOUT ‘CRYPTO’ AND BITCOIN
As yet another altcoin nears zero, the event reminds the community why Bitcoin is the only authentic cryptocurrency.
Uncovering Terra's Implosion — Terraform Labs' Big Name Backers and 'Zero Exposure' Claims
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday, but after some brief healing, Terra’s native tokens LUNA and UST continued to plummet. Now people are beginning to wonder who backed this popular crypto project, and which crypto firms had a lot of exposure to the failing assets.
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