Cryptocurrency news by Crypto Paragraph
The Federal Reserve said on Wednesday that it would raise interest rates by a quarter of a percent (or 25 basis points), pushing forward with its campaign to quell inflation despite two of the largest […]
Polygon and Immutable, both heavyweights in the Ethereum scaling space, are teaming up to create a new network designed specifically for Web3 gaming powered by Polygon’s anticipated zkEVM technology. Today, Polygon Labs and Immutable announced […]
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) DeFi faced its very own contagion event this past week after Euler Finance was drained of nearly $200 million via six flash loans and a vulnerability. […]
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German and U.S. authorities today closed a “crypto mixer” allegedly used by criminals on the dark web to launder funds—and seized a load of Bitcoin in the process. In a Wednesday announcement, Europol said it […]
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USDC stablecoin issuer Circle has claimed that it will “cover any shortfall” caused as a result of the $3.3 billion in its funds held by the collapsed Silicon Valley Bank. In a blog post, Circle […]
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Coffee giant Starbucks is taking significant steps into Web3 with its Starbucks Odyssey rewards program on Ethereum sidechain network Polygon, which is currently open in beta to limited users. And after dropping a few free […]
Bitcoin fell to a three-week low Wednesday as Federal Reserve Chairman Jerome Powell’s hawkish testimony to the U.S. Senate Banking Committee on Tuesday spurred traders to price in a higher “terminal rate.” Bitcoin dropped to […]
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