Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.
16 Mar 2023 1 minute read 3 comments Yugocean
Binance has started accepting True USD (TUSD). $TUSD is a project of TrustToken co-founder Rafael Cosman and is believed to be the first crypto with live on-chain attestations. A Replacement for BUSD? Binance is believed to be looking for a new...
15 Mar 2023 1 minute read 4 comments Yugocean
Mark Gordon, the governor of the State of Wyoming, US recently ratified a bill preventing the forced disclosure of private keys from digital asset owners. What was the need for this? There is no clarity on the regulation of crypto in the US, due to...
14 Mar 2023 1 minute read 2 comments Yugocean
The crypto world is again in gloom due to the volatile prices of various stablecoins and the closure of various crypto-friendly banks. Although most exchanges have declared that there is no bad impact on them, there is a gloomy time in Coinbase. Mon...
13 Mar 2023 1 minute read 2 comments Yugocean
The dispute concerning bitcoin and banks is not new, but the recent connections between the collapse of Silicon Valley and Silvergate banks and the fall in the cryptocurrency market have resurrected it, this time with less discussion and more cl...
12 Mar 2023 1 minute read 19 comments Yugocean
The value of multiple stablecoins—DAI, USDC, USDD, and FRAX—unexpectedly dropped below 95 cents together; despite some regains, their value is still not pegged. Describe DAI USDC USDD & FRAX DAI, USDC, USDD, and FRAX are all US dollar-pegged stabl...
11 Mar 2023 1 minute read 2 comments Yugocean
Crypto market is under another bear attack, and there are 4 reasons, which are responsible. 1 Silvergate lesson: No friend in need means divided we fall. Silvergate Bank, which went bankrupt after being hit by FTX, was the first registered bank in t...
10 Mar 2023 1 minute read 4 comments Yugocean
California-based Silvergate Bank is finally going to be liquidated; it is not available to be sold. Founded in 1988, Silvergate was a small financial company, but in 2013, its new CEO, Alan Lane, started investing in Bitcoin and launched a cryptocur...
9 Mar 2023 1 minute read 12 comments Yugocean
Binance has launched a new product called "Range Bound." This product rewards users for staying within a reference price range of a digital asset over a selected period. Attraction of Range Bound The APR is linked with the subscription amount to mak...
8 Mar 2023 1 minute read 2 comments Yugocean
China is the first country to introduce CBDC, the central bank's alternative to digital currency. CBDC is always in controversy, and Chinese CBDC (Digital Yuan) is also not controversy-free; its biggest controversy is regarding the expiration date....
7 Mar 2023 1 minute read 1 comment Yugocean
Bitcoin mining company TeraWulf has announced the launch of a bitcoin mining farm at its Nautilus facility in Pennsylvania, which is fully nuclear-powered. With nearly 8k rigs, TeraWulf's attempt is hit from the start. Not The First in the World,...
