XRP, Ether Lead Recovery in Crypto Majors as Markets Prepare For Outsized Fed Hike
The US central bank is expected to again hike rates by 75 basis points on Wednesday.
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China to Extend CBDC Trial to Most Populous Province, Guangdong, Three Others: Report
The central bank will extend the trial of its e-CNY digital currency to Jiangsu, Hebei and Sichuan as well, the South China Morning Post said.
Binance Secures License in Dubai to Offer More Crypto Services
With the new approval, the crypto exchange can operate a trading platform and offer a range of services including digital asset custody and payments in Dubai.
Terra Co-Founder Do Kwon’s Legal Troubles Unlikely to Affect Broader Crypto Markets, Analysts Say
However, some traders see increased volatility for tokens related to Kwon in the coming days.
Cosmos’ ATOM Gains, Bucks Post-Merge Lull on Outlook for New Uses, Better Security
Cosmos is likely to announce an interchain security feature next week, opening doors for ATOM to capture value from the entire network.
Citi Says Ether Remains Relatively Stable Despite Significance of the Merge
Issuance of ETH tokens is estimated to drop 90% to around 600,000 a year, the bank said.
Crypto Market Maker Wintermute Hacked for $160M, OTC Services Unaffected
Cryptocurrency market maker and liquidity provider Wintermute has lost $160 million in a hack relating to its DeFi business, according to a tweet from the company’s founder and CEO.
Voyager Seeks to ‘Unwind’ Alameda Loan
Alameda owes Voyager approximately $200 million in an outstanding crypto loan, from a line of credit that was worth $377 million before the market downturn.