Finance

While it’s still early to speculate if Brazil is following in El Salvador’s footsteps, the latest proposal demonstrates the country racing towards meaningfully regulating the crypto industry as adoption reaches a pivotal stage. The latest bill, presented by Federal Deputy Paulo Martins on June 10, seeks to add Bitcoin (BTC) and other cryptocurrencies as a …

Brazil’s New Proposal Seeks to Recognize Bitcoin, Crypto as Legal Financial Assets Read More »

Wrapped Luna Classic (WLUNA) is an Ethereum token designed to represent Terra (LUNA) on the blockchain. It’s not LUNA but a distinct ERC-20 token created to track the value of LUNA. Wrapped Luna Classic was intended to allow LUNA holders to trade, hold, and engage in Ethereum-based decentralized finance (DeFi) dApps. 1 LUNA can be …

Shady WLUNA Contract Bridge Spells Trouble for the Terra Luna Community Read More »

The Finance Minister of El Salvador downplayed the impact a significant drop in bitcoin’s price could have on the Central American nation’s finances. “When they tell me that the fiscal risk for El Salvador because of bitcoin is really high, the only thing I can do is smile,” said Finance Minister Alejandro Zelaya. “The fiscal risk is …

Fiscal Risk of Bitcoin Crash ‘Extremely Minimal’ Says El Salvador Finance Minister Read More »

Alejandro Zelaya. Source: a video screenshot, Ministerio de Hacienda / YouTube El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances. The minister was speaking …

El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’ Read More »

Topline Democrats could experience a “greater-than-average” loss in the midterm elections this November, new Gallup polling suggests, finding that voters’ satisfaction with the country and federal government are largely at record lows compared with other midterm years. President Joe Biden waves as he returns to the White House June 13 in Washington, DC. Getty Images …

Democrats’ Midterm Nightmare: Polls Suggest Party Could Face Historic Loss Read More »

Topline K-Pop supergroup BTS announced Tuesday they are going on hiatus to focus on solo projects after nine years together, but they said they’re not disbanding and will return to making music together. BTS attends the 64th Annual GRAMMY Awards at MGM Grand Garden Arena on April 03, 2022 in Las Vegas, … [+] Nevada. …

BTS Announces Hiatus—Not A Breakup—To Focus On Solo Careers Read More »

Topline The House January 6 Committee has started making a public case against former President Donald Trump and his allies in a series of hearings, arguing the former president “oversaw and coordinated” an unlawful plan to overturn the 2020 election—but the Justice Department, not Congress, is the only entity that could bring criminal charges against …

Can Trump Be Charged As Result Of The Jan. 6 Committee Investigation? Here’s What To Know Read More »

The Finance Minister of El Salvador downplayed the impact a significant drop in bitcoin’s price could have on the Central American nation’s finances. “When they tell me that the fiscal risk for El Salvador because of bitcoin is really high, the only thing I can do is smile,” said Finance Minister Alejandro Zelaya. “The fiscal risk is …

Fiscal Risk of Bitcoin Crash ‘Extremely Minimal’ Says El Salvador Finance Minister Read More »

Alejandro Zelaya. Source: a video screenshot, Ministerio de Hacienda / YouTube El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances. The minister was speaking …

El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’ Read More »

Source: AdobeStock / Mat Hayward The troubled crypto lending and borrowing company Celsius (CEL), which on Monday halted withdrawals due to “extreme market conditions,” is adding more collateral for a loan on the MakerDAO (MKR) decentralized finance (DeFi) protocol to avoid liquidation. At the same time, the company is facing a growing problem with ETH …

Celsius Tops Up More Collateral to Avoid Loan Liquidation, Faces ETH Squeeze Read More »