The Federal Reserve will have no choice but to revert to quantitative easing in the face of a recession and political gridlock. What does this signify for cryptocurrencies such as bitcoin?
DeFi
Recent Developments in DeFi DeFi, or decentralized finance, is one of the most talked-about topics in the blockchain and cryptocurrency industries right now, and it pretty much encompasses everything.
DeFi
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Ruja Ignatova, the mastermind behind the infamous Onecoin pyramid, is now one of Europe's most sought criminals. She was also known as the 'Crypto Queen,' and she vanished almost five years ago after her Ponzi scheme raked in billions of dollars from deceived investors all across the world.
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Liquidity aggregators could aid in the management of market participants during Black Swan occurrences.
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Pennsylvania Representative Glen Thompson has suggested a comprehensive, well-thought-out plan for 'crypto regulation' that is in line with Treasury Department suggestions.
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The ecosystem can overcome its existing limits and bring about a decentralized society by employing Web 3's building pieces to reflect social identity.
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According to IOSCO head Ashley Alder, an unified entity to coordinate worldwide crypto regulation activities might be established within the next year.
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On the first day of three crypto funds, investors took a cautious approach due to high volatility.
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NASA, the United States' space agency, has teamed up with Epic Games, the creator of Fortnite, to offer a challenge for developers to help create a Martian metaverse experience. Among the challenges will be building numerous essential habitats for Martian astronauts, which will be recreated using Epic Games' Unreal Engine 5 to provide a realistic environment.
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The Indian government is apparently considering levying a 28 percent GST on all cryptocurrency transactions. 'At the moment, just a portion of the services offered by crypto exchanges is taxed. One tax expert warned that taxing the entire transaction at a higher rate of 28 percent may send the markets into free collapse.'
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