UK-based tech startup could become Nvidia of quantum

Riverlanes error-correction chips could do for quantum computing what Nvidias GPUs did for artificial intelligence.

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Swiss regulator FINMA targets stablecoin issuers in new proposal

As stablecoins continue to gain traction globally, regulatory initiatives such as FINMAs guidance are likely to influence policies in other jurisdictions.

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Optimism reaches Stage 1 decentralization, implementing fault proofs

The team has implemented fault proofs on Optimism mainnet, and users can now independently initiate withdrawals without involvement from any trusted third parties.

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Stellar (XLM) Breaks Key Resistance Signaling Potential 50% Rally

Stellar (XLM) is showing signs of a major rebound after enduring weeks of volatility and price declines. The cryptocurrency, which struggled amid broader market turbulence, has dropped nearly 24% over the past 30 days and declined 4% in the last week, mirroring the bearish sentiment across the market. However, with Bitcoin surging and pushing altcoins […]

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Optimism (OP) Announces Critical Fault Proof Upgrade Impacting Bridges and Exchanges

Optimism introduces major updates to Fault Proofs, affecting withdrawal processes for bridges and exchanges on OP Mainnet and OP Sepolia. (Read More)

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Rich Dad Poor Dad Author Robert Kiyosaki Says America Is Bankrupt Amid US Debt Crisis

Rich Dad Poor Dad author Robert Kiyosaki says America is bankrupt as lawmakers engage in lengthy negotiations over the debt ceiling. “Unfunded liabilities as Social Security are over $250 trillion,” he said as the U.S. faces a potential debt default. Robert Kiyosaki on U.S. Debt Crisis The author of Rich Dad Poor Dad, Robert Kiyosaki, [...]

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Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5

U.S. Treasury Secretary Janet Yellen has updated her projection regarding the date the U.S. government could default on its debt obligations. She warned that the Treasury “will have insufficient resources to satisfy the government’s obligations if Congress has not raised or suspended the debt limit by June 5.” Yellen Warns US Could Default on June [...]

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Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt

Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed. Hillary Clinton on U.S. Debt Default and Dollar Losing [...]

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US Treasury yields are rising — What does it mean for Bitcoin price?

United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative, so every loan, mortgage and even cryptocurrency derivatives depend on the cost of capital attributed to U.S. dollars. Assuming the worst-case scenario of the U.S. government [...]

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IMF Foresees No ‘Rapid Shift’ in US Dollar Reserves Despite Rising De-Dollarization Trend

The International Monetary Fund (IMF) does not expect a “rapid shift” in the U.S. dollar reserves despite a rising de-dollarization trend and a looming U.S. debt default. “Don’t kiss your dollars goodbye just yet,” said IMF Managing Director Kristalina Georgieva. The IMF chief does not expect the U.S. to default on its debt obligations. US [...]

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Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates ‘Real Deadline’ Is a Week Later

U.S. Treasury Secretary Janet Yellen has insisted that the U.S. could default on its debt obligations on June 1. “I think that’s a hard deadline,” she stressed. Meanwhile, global investment bank Goldman Sachs has estimated that the “real deadline” for a possible U.S. default is “more like” June 8-9. Yellen and Goldman Sachs on U.S. [...]

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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican [...]

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Biden Says He Won’t Agree to Deal That ‘Protects Wealthy Tax Cheats and Crypto Traders’ as US Default Looms

U.S. President Joe Biden says he will not agree to “a deal that protects wealthy tax cheats and crypto traders while putting food assistance at risk” as the U.S. faces the risk of defaulting on its debt obligations. “I’ve done my part,” Biden stressed, adding that it is now time for the Republicans to move [...]

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Man faces arrest over alleged crypto mine hidden under a school

A former facilities worker in the U.S. state of Massachusetts is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space.

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Blockwater Technologies Defaults Loan from TrueFi

The blockchain investment firm has only managed to repay $654,000 of its outstanding debt following the restructuring decision. However, the firm failed to make payment on time and the debt currently amounts to $3 million. (Read More)

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Voyager Digital Issues Loan Default Notice to Three Arrows Capital on over $670 million Debt

Voyager's total exposure to Three Arrows Capital consists of over $670 million loan. The crypto hedge fund is expected to repay the loan. (Read More)

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Will Russia Use Crypto to Pay Its Foreign Debt?

US Treasury Department officials announced that Russia would no longer be able to pay bondholders through US banks after May 25, 2022 due to sanctions imposed by the Biden administration for its invasion of Ukraine. What's next for Russia? (Read More)

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Bitcoin Portfolio Insurance: Bond Risks And Contagion

As bond risks grow and contagion appear more likely than ever, every investor needs to consider bitcoin as portfolio insurance.

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All the Best Cryptocurrency Apps In One Article

The crypto market has grown a lot in the last few years. As a result, crypto enthusiasts now have a wide range of apps they...

The post All the Best Cryptocurrency Apps In One Article appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.

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How to Instantly Exchange Cryptocurrency on Changelly

The industry keeps moving forward, and so does Changelly. We are constantly improving our services and enhancing the ecosystem of Changelly’s products to bring you...

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