A Hedge Fund Should Never have that much Leverage – Genesis CEO Michael Moro
Michael Moro, Genesis CEO, has confirmed that Genesis was exposed to the troubled hedge fund Three Arrows Capital.
Duma – a Russian State Bans Payments made with DeFi Assets
A law was passed by the Russian lower house prohibiting digital financial assets from being used in payments. Exchange operators were required to reject payments that make it possible for these assets to be used as a payment method to implement the restriction.
A Glimpse of the New Shiba Inu Stablecoin and Reward Coin – SHIB Ecosystem Expands
Shiba Inu, a popular meme coin, plans to expand its ecosystem by launching a decentralized stablecoin as well as a reward token.
The Zimbabwe Central Bank have Confirmed the Gold Coin will Launch end of July
The Zimbabwean public can now buy and hold one troy ounce gold coins starting July 25th. The central bank states that the coins are not only an alternative store of value but can also be traded to secure loans and credit facilities.
Should the Fantom Burn Fee be used for Projects – Fantom community Vote
Fantom Foundation proposes using 10% transaction fees to help develop its ecosystem. The proposal, if passed, will lower Fantom’s fee rate to 20%
The Bitstamp inactivity Fee looks to get Erased as Customers Complain
Bitstamp announced Wednesday it will no longer charge customers a monthly fee of 10 euros for an inactive account. The fee was to be implemented by Bitstamp starting August 1, for accounts that have less than 200 euro in balance. Bitstamp had announced the change in July 1, in a blog post. The exchange decided to scrap the fee less than one week later.
How about ZERO Bitcoin Trading Fee’s on Binance Globally?
From July 8, Binance will eliminate fees for certain pairs of spot bitcoin trading. This announcement is two weeks after Binance.US made similar moves.
As USDC Shares Skyrocket Circle Reiterate Transparency Commitment
Circle’s CTO, Jeremy Fox, stated that USDC is a business model that minimizes risk and not takes or manages risk.
Bitcoin Fans are not Impressed by Central African Republics Crypto Coin
Faustin Archange Touadera, president of the Central African Republic (CAR), recently stated that cryptocurrencies can be used as an alternative to cash. However, Bitcoiners insist that the top cryptocurrency is the best solution to CAR’s money problems.
Fed Still not Confirming any Plan for US Central Bank Digital Currency (CBDC)
Panelists didn’t see any urgent need for a CBDC.
