The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable. Author: Krisztian Sandor, Jimmy He, Helene Braun
Archives for June 2022
Crypto Exchange dYdX to Start a Standalone Blockchain
The layer 1 blockchain will be built in the Cosmos ecosystem. Author: Sam Kessler
Blockchain Payments Firm Roxe to List Via $3.6B SPAC Deal
Blockchain-based payment company Roxe has entered into a merger agreement with SPAC Goldenstone Acquisition Limited, a move that will see it go public on Nasdaq. Author: Oliver Knight
First Mover Asia: Bitcoin Holds Steady Over 20K; USDC’s ‘Flippening’ of USDT and the Continued Stablecoin Bear Market
Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg. Author: Sam Reynolds, James Rubin
Republicans Seek to Counter Effort to Curtail Crypto Mining
Republican lawmakers in the U.S. are trying to slam the brakes on any hasty decisions the Environmental Protection Agency may consider to address the potential harms from cryptocurrency mining businesses, urging the regulator to study the claims before taking action. Author: Jesse Hamilton
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