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Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s…
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee,…
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Project aims to build a creator-focused economy through blockchain
A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city and explore an early version of the vision that it aims to achieve.Last week, Web3 creator economy…
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DeFi 2.0 Suffers 98.5% Loss Amidst The Bear Market! Here Is Why
Mr. Jason Choi, a member of Forbes’ 30 Under 30 list, co-founded Spartan Group. The Spartan Group is APAC region’s most successful Web3 VC fund. Mr. Jason has expressed his thoughts on the current crypto “bottom.”DeFi 2.0 Lost 98.5% On…
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Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions – Regulation Bitcoin…
The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency is the only lawful means of…
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Will Clemente: Bitcoin (BTC) Is Very Close to a Bottom – 6 Arguments
In today’s article, BeInCrypto looks at 6 selected on-chain indicators whose charts suggest that Bitcoin is very close to reaching a bottom. These were highlighted in a tweet yesterday by Will Clemente – a well-known on-chain analyst –…
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Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store – Blockchain…
On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be available via the Epic Games Store and accessible to 194 million users. The well known company…
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Cake DeFi Commits $1M to ESG Initiatives on Third Anniversary
June 7, 2022, marks Cake DeFi’s third anniversary. Reviewing its achievements, the Singapore-based financial technology platform noted that it has managed to record tremendous growth despite the bearish trends, averaging…
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Binance fires back at Reuters’ money laundering allegations
Crypto exchange Binance published a lengthy response to an article published by Reuters that claims that the exchange has been a “hub for hackers, fraudsters and drug traffickers,” saying that there’s at least “$2.35 billion in illicit…
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Fed Prices Eggs in Bitcoin but Misses the Big Picture: Crypto Community Reacts
The St. Louis Federal Reserve published a blog post with the ratio of eggs to Bitcoin in a bid to criticize the volatility in the latter but ended up being ridiculed for the example.
Cracking Bitcoin-Volatility Case…
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Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to…
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the…
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