Ray Dalio: Bitcoin is Not an Alternative to Gold
Bitcoin is a good insurance against inflation, but not a full-fledged alternative to gold.
Bitstamp Announces a New CEO
Bitstamp has confirmed the resignation of Julian Sawyer as CEO. According to the company’s website, his place will be taken by Jean-Baptiste Graftieaux.
Stablecoin UST Loses Peg to the US Dollar Amid Outflow of Assets from Anchor
More than 2 billion UST were withdrawn from the Anchor protocol in less than two days against the decline in the rate of return on deposits.
Instagram to Add Support for NFTs
Meta will launch a pilot project to integrate non-fungible tokens (NFTs) into the Instagram social network.
Moody’s: Cryptos Will Not Help Russia Avoid Western Sanctions
According to analysts from international rating agency Moody’s, cryptos are not an effective solution for Russia to circumvent sanctions.
WisdomTree Plans to Launch a Digital Wallet Next Year
Asset manager WisdomTree will begin the beta tests of a mobile crypto wallet in the summer.
NYDIG Grants Mining Company Argo Blockchain $70 Million Loan to Purchase New Miners
NYDIG will provide a $70.6 million loan to British mining company Argo Blockchain to purchase equipment for its new data center in Texas.
