Governor Bailey of the Bank of England Shares ECB President Lagarde’s Anti-Crypto Sentiments

On Monday, the Governor of the Bank of England issued yet another anti-crypto warning. Despite the UK’s objectives to foster innovation, these remarks have been made. Governor of the Bank of England, Mark Bailey, spoke about cryptocurrency this week. The crypto market saw its first big ‘Lehmanesque’ fall in the week ending May 13. TerraUSD … Read more

Following the Collapse of Terra UK Regulators are Targeting Stablecoins

Following the tragic collapse of the Terra ecosystem earlier this month, financial authorities in the United Kingdom have turned their attention to stablecoins. The Financial Conduct Authority (FCA) in the United Kingdom is working on a new regulatory framework for crypto and stablecoins with the Treasury. The increased drive for new restrictions follows the May … Read more

GameStop NFT Marketplace Excitement Boosts GME Stock by 10%

GameStop’s stock has risen almost 10% in response to a two-letter tweet. The stock of GameStop (NYSE:GME) has risen 10% today, causing quite a stir on social media. This looks to be the result of a tweet from GameStop’s NFT account. Investors are pleased about the company’s plans to create a low-cost NFT marketplace. GameStop … Read more

Terra Struggles to Survive as LUNA Crypto Divides 9 Blockchain Behemoths

Lots of crypto celebs are speaking up about the Terra collapse. The LUNA crypto meltdown was unusual, unforeseeable, and a negative image for the sector as a whole. Crypto doubters now have even more cause to condemn the whole sector after one of the world’s greatest projects vanished into oblivion. As Do Kwon and other … Read more