Bitcoin

Coinbase (COIN) to slow hiring amid plunge into crypto and tech stocks

Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase has become the latest tech company to warn of a slowdown in hiring. The crypto exchange told staff Tuesday it would slow hiring and reevaluate its headcount, reversing earlier plans to triple its …

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What happened to the bitcoin reserve behind Terra’s UST stablecoin?

Bitcoin fell below the $ 26,000 level since December 2020. (Photo credit should read CFOTO / Future Publishing via Getty Images) CFOTO | Future Publishing via Getty Images Investors have been eager to find out what happened to the more than $ 3 billion in bitcoin bought up by crypto firm Terra to back its …

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El Salvador President Nayib Bukele Announces Countries To Discuss Bitcoin

Late Sunday night, El Salvador President Nayib Bukele announced on Twitter that 32 central banks and 12 financial authorities from 44 countries are to meet on Monday, May 16, to discuss financial inclusion, digital economy, banking the unbanked, El Salvador’s Bitcoin rollout and its benefits in the country. In follow up tweetsthe president announced that …

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‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash

Luna LUNA the collapsed cryptocurrency that was designed to support the terraUSD (UST UST ) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week — a dramatic collapse that shook the wider bitcoin and crypto market. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the …

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Bitcoin rebounds to $ 30,000, LUNA crashes to $ 0 and Elon Musk pauses Twitter deal: CNBC Crypto World

> Bitcoin rebounds to $ 30,000, LUNA crashes to $ 0 and Elon Musk pauses Twitter deal: CNBC Crypto World – YouTubeΣχετικά μεΤύποςΠνευματικά δικαιώματαΕπικοινωνήστε μαζί μαςΔημιουργοίΔιαφήμισηΠρογραμματιστέςΌροιΑπόρρητοΠολιτική και ασφάλειαΤρόπος λειτουργίας του YouTubeΔοκιμάστε νέες λειτουργίες .

Bitcoin tumbles, a stablecoin plunges in wild week in crypto

NEW YORK (AP) – It’s been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry’s highest-profile companies lost a third of its market value. Here’s a look at some major developments in cryptocurrencies this week: BITCOIN The price of bitcoin dropped to …

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Over a trillion dollars wiped out of cryptocurrency market

> Over a trillion dollars wiped out of cryptocurrency market – YouTubeΣχετικά μεΤύποςΠνευματικά δικαιώματαΕπικοινωνήστε μαζί μαςΔημιουργοίΔιαφήμισηΠρογραμματιστέςΌροιΑπόρρητοΠολιτική και ασφάλειαΤρόπος λειτουργίας του YouTubeΔοκιμάστε νέες λειτουργίες .

MSNBC’s Stephanie Ruhle has no sympathy for crypto investors

MSNBC anchor Stephanie Ruhle voiced little sympathy for crypto investors crushed by this week’s collapse in the value of digital coins. “If you lose your shirt, hope you got a six-pack,” Ruhle said. “The 11th Hour” host, a former investment banker, also told crypto investors not to expect any government help or relief, saying they …

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Regulators anxious about stablecoins like tether after UST collapse

The entire stablecoin market is now worth more than $ 160 billion. Justin Tallis | AFP via Getty Images Regulators are getting increasingly worried about stablecoins after the collapse of controversial cryptocurrency venture Terra. TerraUSD, an “algorithmic” stablecoin that’s meant to be pegged one-to-one with the US dollar, has erased much of its value this …

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Tether (USDT) stablecoin regains peg after $ 3 billion in withdrawals

Tether has long faced questions about whether it has enough assets to justify its peg to the dollar. Tiffany Hagler | Bloomberg via Getty Images Tether, the world’s largest stablecoin, regained its peg to the dollar after more than $ 3 billion worth of tokens left the system in a single day. The cryptocurrency – …

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