Telegram Launches Premium Tier Benefits Seeking to Monetize Platform

Post Views: 320 Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to…

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Post Views: 318 The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. The NFT, Cryptopunk #5364, was donated to…

Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation

Post Views: 867 Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer inflation expectations if energy prices rise further, even if activity slows sharply,” they explained. Goldman Sachs’ economists, led by chief economist…

Embr Releases Checkout to Future-Proof Trust in Web3 Payment Experiences

Post Views: 344 About Embr Embr is a gateway to the decentralized world. Its mission is to empower innovators with the tools and know-how to ignite the future of economic opportunity. In less than three hours, Embr sold out its private presale, successfully raising $2.5 million for their IDO while affirming a global need for…

New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory

Post Views: 305 The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money from the government.” The new governor of…

Elon Musk Discusses Crypto Investing, Dogecoin Support, ‘Unresolved’ Twitter Issues, and Near-Term Recession

Post Views: 352 Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession. Tesla CEO Elon Musk shared his thoughts on a wide range of…

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing

Post Views: 493 The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered. The crypto…

Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price

Post Views: 313 SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12. SHIB was once again in the green on Tuesday, as it continued to move…

Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet

Post Views: 294 The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” …

Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months

Post Views: 305 Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to today’s valuation of around $5.09 billion. During that time frame, monero lost 48% in value while zcash shed 56% against the U.S. dollar. The top five privacy crypto coins…