- Spark Newswire

3 minute read

Women Participation Will Shoot Bitcoin Beyond $250,000: Tim Draper

Today, 8:43 AM

Highlighting the importance of participation of women in using Bitcoin (CRYPTO: BTC), billionaire investor Tim Draper has said women control 80% of the retail spending, and using the cryptocurrency for buying things will shoot its prices beyond $250,000.

BTC

2 minute read

Terra Debacle: UK Government Seeks To Regulate Stablecoins

By Murtuza Merchant

Today, 8:43 AM

Following the death spiral involving the Terra (CRYPTO: LUNA) collapse that wiped off $40 billion worth of investors’ money, the UK government has released a Consultation Paper on stablecoins, to mitigate financial stability issues that may materialize should a firm that has reached systemic scale, fail.

$UST

2 minute read

Terra Crisis: Community Votes on Burning 1.3 billion UST Tokens

By Murtuza Merchant

Today, 8:43 AM

The Terra (CRYPTO: LUNA) community has unanimously decided to burn 1.38 billion UST stablecoins from its pool, reducing the supply by roughly 11% of its total supply of 11.28bn tokens.

$UST

3 minute read

Uncategorized

Buterin Shares Tips on Evaluating ‘Truly Stable’ Algo Stablecoins

By Murtuza Merchant

Today, 8:43 AM

In the aftermath of the recent (CRYPTO: LUNA) debacle, which led to tens of billions of dollars of losses, (CRYPTO:Ethereum) co-founder Vitalik Buterin shared two thought experiments on evaluating if an algorithmic stablecoin is “truly a stable one.”

LUNA

2 minute read

Tether Enters Latin America With Stablecoin Pegged To Mexican Peso

By Murtuza Merchant

Today, 8:43 AM

Tether (CRYPTO: USDT), the company operating the blockchain-enabled platform tether.to today announced the launch of MXNT, a stablecoin pegged to the Mexican Peso. MXNT tokens will initially support Ethereum, Tron, and Polygon.

$USDT

2 minute read

Portugese Parliament Rejects Proposal To Tax cryptos

By Murtuza Merchant

Today, 8:43 AM

The Portugal Parliament has rejected a proposal presented by Livre and Bloco, two left-wing parties to tax Bitcoin (CRYPTO: BTC) and other cryptocurrencies.

BTC

2 minute read

VC Firm a16z Raises $4.5 Billion For A Crypto Firm

By Murtuza Merchant

Today, 8:43 AM

At a time when the broader crypto market has entered a downturn following the collapse of TerraUSD (CRYPTO: USDT) and

$USDT

2 minute read

Central African Republic To Build Tax-Free Crypto Island

By Murtuza Merchant

Today, 8:43 AM

The Central African Republic, the first country in Africa to make Bitcoin legal tender and second in the world after El Salvador, Tuesday announced the building of Sango, a crypto island to attract businesses and global crypto enthusiasts.

BTC

3 minute read

Cryptos Can Motivate 81% People To Exercise In The Metaverse: Study

By Murtuza Merchant

Today, 8:43 AM

81% of people in the United States would be motivated to stay fit by earning cryptocurrency for exercising in the Metaverse, according to a new study.

$DOGE

2 minute read

Pocket Network Adds Support for NEAR Blockchain

By Murtuza Merchant

Today, 8:43 AM

Pocket Network, a relay infrastructure middleware protocol, has added support for (CRYPTO: NEAR), a developer-friendly, proof-of-stake public blockchain.

NEAR