The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin. Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price. That made it an island of stability, a place where traders and investors could...
Kevin Sekniqi is the cofounder and COO of Ava Labs. The 28-year-old exec explains the pros of building on Avalanche’s blockchain. In tandem with broader crypto markets, Avalanche’s native token is down 41.6% in the past month. In 2010, 16-year-old Kevin Sekniqi saw a post on Reddit detailing a new...
The interest among companies for blockchain and cryptocurrencies have been on the rise, and this bodes well for digital currencies. Big Tech companies are trying to capitalize on the potential these assets offer, as awareness and adoption increase. Established companies are increasingly recruiting personnel to build their existing branches of...
Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. Ready Games has launched a division to bring mobile blockchain games and non-fungible tokens (NFTs) to the Apple and Google app stores. That sounds hard to do as it seems like big...
New Delhi: Legendary investor Warren Buffett and his partner Charlie Mungers, have once again criticised the Bitcoin and cryptocurrencies, for not being a productive asset. At the Berkshire Hathaway Annual Shareholder meeting, the billionaire investment guru said that he will not buy all the Bitcoins available even for $25. Berkshire...
The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here Lockdown blues 🔒 🔊 Listen to this: Sam Bankman-Fried and Matt Levine on how to make money in crypto Cryptocurrency prices have dropped sharply overnight, with bitcoin losing more than 3% since this...
Apple’s App Store policies, according to Brian Armstrong, CEO of Coinbase, have impeded the company’s product plan. He blamed Apple for prohibiting features from their app and overall being unfriendly to the crypto business. Brian Armstrong Bashes Apple On a recent episode of the Superstream Podcast, Coinbase’s CEO and co-founder...
Cryptocurrency exchange Coinbase’s CEO and co-founder Brian Armstrong has called out Apple over “potential antitrust issues” in a recent episode of the Superstream Podcast. Armstrong appeared on the April 20 episode of Superstream Podcast to talk about the current state of cryptocurrency, entrepreneurship, and the...
A devastated crypto trader has revealed how he lost $650,000 (£499,000) at the hands of scammers who hacked into his iCloud account. Domenic Iacovone had a load of valuable cryptocurrencies and NFTs saved in digital wallet app MetaMask before cyber-thieves managed to bleed him dry. Writing on Twitter, he said it...
A Mutant Ape Yacht Club NFT stolen from Domenic Iacovone’s wallet, worth around $80,000. OpenSea Domenic Iacovone recieved an unusual phone call from Apple on Friday night. He’d recieved several messages asking him to reset his Apple ID password, and so suspected the caller of being a scam. But the...