Shocking $185 Million Crypto Futures Liquidation: What Triggered This Market Mayhem?
Mirae Asset Group, a South Korean multinational financial services company, is exploring a potential purchase of Korbit, Korea’s oldest crypto exchange, according to a report by The Chosun Daily. Sources say that a memorandum of understanding (MOU) has been signed between Mirae Asset Consulting and Korbit’s major shareholders. Korbit is currently 60.5% owned by NXC,…
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When people picture a tropical beach with volcanic sands, warm waters and dreamy surfing waves, they are describing El Zonte, in El Salvador. It’s hard to think that this natural paradise was once the battleground of Latin America’s most savage and violent gangs for decades. According to a UNICEF report, the homicide rate in 2015…
The state of Wyoming in the U.S. has officially launched a stablecoin named Frontier Stable Token (FRNT). This is a pioneering move that will revolutionize how authorities leverage digital finance for public governance. Mark Gordon, the Governor of Wyoming, announced FRNT as the first stablecoin issued by a U.S. Public entity. This is a landmark…
If you are tuning into Super Bowl LX this Sunday expecting to scan a QR code for free Bitcoin, prepare to be disappointed. The era of aggressive crypto advertising during America’s biggest televised event is officially over. As the Seattle Seahawks and New England Patriots prepare to face off at Levi’s Stadium in Santa Clara,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arthur Hayes’ home office Maelstrom is seeking $250 million in capital investment to finance a private equity fund targeted at mid-sized crypto companies. According to Bloomberg, the fund is designed to provide traditional investors more access to the crypto market amid a…