National Bank of Ukraine Releases Draft Concept for Digital Hryvnia
The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia.
Solana Tumbles to Historical Lows; Outlook Shows Failing Hype!
Within a couple of weeks, Solana has tumbled from being ranked amongst the top ten cryptocurrencies with disruptive applications showcased as the ETH-killer. Considering the price action showcased in the previous year till 2021, the expectation from SOL was at an all-time high when it touched the peak value of $265 just a year ago in November 2021.
XRP Ledger-Based XRPayNet to Build Retail Payment System For 100s Of UAE Businesses
XRPayNet partners with top firms to enable UAE businesses to convert crypto payments to fiat.
Hash Ribbon Reversal Confirms Bitcoin Miner Capitulation Phase
Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles.
Elon Musk Says Apple Threatened To Remove Twitter From App Store
On Monday, Twitter CEO Elon Musk lashed out at Apple, accusing the tech giant of threatening to remove his recently acquired social media platform from the App Store.
Single Wallet Burns 25M+ Terra Classic, 40M Gone in 24 Hours
40M+ LUNC tokens were cumulatively burned in the past 24 hours, as a single wallet accounted for 25M+ of the incinerated tokens.
Ripple Counsel Calls Out SEC Over BlockFi Bankruptcy
BlockFi, a cryptocurrency lender has become another firm to fall due to the FTX collapse. BlockFi filed for chapter 11 bankruptcy protection due to extensive exposure to the defunct crypto exchange. However, Ripple General Counsel has allegedly blamed the U.S. SEC for these circumstances.
Kaiko Launches Market Data Product Tracking Aave, Compound and MakerDAO: Exclusive
Crypto data firm Kaiko announced the launch of a product tracking market data for DeFi lending and borrowing protocols on Ethereum.
Bitcoin Hash Rate Slump Likely to Impact ASIC Prices
BTC prices are not the only thing in decline at the moment. Following recent record highs, the Bitcoin hash rate is also decreasing sharply.
Just-In: FTX-Alameda Research Contagion Could Spread To These Banks
Prosecutors are relatively clear about the relations between trading firm Alameda Research and crypto exchange FTX following the recent investigations. Alameda is found to be the primary firm supporting FTX operations including accounts, transfers, trading, and others as FTX spun off from Alameda in 2019.
