Bitcoin News

Solana Falls by 12% After Network Outage, Bitcoin Falls as Feds Reduce Balance Sheet, Ethereum Tops NFT Sales With $27 Billion Sales.

[ad_1] Solana's decline after announcing its network outage Solana, after being plunged with network issues, nosedived by 12%. The network, which was once hailed as one of the fastest blockchains and a challenger to Ethereum, was down on June 1 due to network challenges. This is the second time in the month's space that this will happen to the blockchain network. The chain was forced offline for about four and a half

Quantitative Tightening and its Implications for Crypto

[ad_1] The United States has initiated a move called quantitative tightening (QT), which may put an end to a decade of unprecedented growth in the crypto market. The initiative will see the Fed shrinking its balance sheet monthly for the next three months by $47.5 billion. This implies that by September this year the balance sheet may shrink by nearly $95 billion and by the end of 2023, be reduced
Bitcoin News

Football Star Kevin Prince Boateng set to Marry in OVER Metaverse

[ad_1] Advertisment Kevin Prince Boateng is set to tie the knot with Valentina Fradegrada in the Metaverse.  The former AC Milan and Barcelona player currently in the Bundesliga will marry the model and businesswoman on Saturday, June 11, all organised down to the smallest detail by number one Italian wedding designer Enzo Miccio.  In addition to the usual ceremony, there will also be a celebration in the Metaverse of OVER
Bitcoin News

Japan’s strategy to safeguard crypto investors after Terra Crash

[ad_1] Advertisment Japan’s plan to safeguard crypto investors after Terra’s crash.The bill stipulates that only banks, authorized transfer agencies and trust firms can issue stablecoins.Japan’s action is part of a five-year effort to safeguard consumers who invest in crypto. Japan has enacted a significant bill defining the constitutional basis of stablecoins, leapfrogging other nations in the rush to establish support systems around the assets whose tie to other currencies supports

A crypto project built on the ruins of $40 billion in investors’ money

[ad_1] Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community and heavy backlash from the likes of Binance CEO Changpeng “CZ” Zhao, Terra co-founder Do Kwon managed to relaunch the collapsed network with a new chain called Terra 2.0 (Phoenix-1).The amended proposal for the relaunch of
Bitcoin News

Lawyer for OneCoin Victims Accuses Bulgaria’s Chief Prosecutor of Complicity

[ad_1] Advertisment As Interpol Closes in on the OneCoin Cryptoqueen Ruja Ignatova A Petition filed with the Bulgarian Constitutional Ombudsman in December 2021 alleging the Bulgarian government has failed in its European Union mandated duties to victims of the multibillion dollar OneCoin pyramid scheme headquartered in Sofia resulted in a swift referral to the Bulgarian Chief Prosecutor by the Ministry of Justice in January 2022.    The Bulgarian Chief Prosecutor, Ivan