cryptocurrency

While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback

As US Dollar Tramples Euro, Pound, Yen, Russian Ruble Soars Against Greenback Cryptocurrency

While the US dollar has climbed in value against a basket of global fiat currencies, the Russian ruble has climbed 4.5% against the greenback this week. In the first week of September, Russia told the press that China would pay for natural gas in rubles and yuan. Moreover, Swiss imports of Russian gold reached a …

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This Week in Pieces: Ethereum Takes Another Week of Losses, XRP Soars Cryptocurrency

This Week in Pieces: Ethereum Takes Another Week of Losses, XRP Soars Cryptocurrency

This week in parts. Illustration by Mitchell Preffer for Decrypt. The prices of crypto market leaders Bitcoin and Ethereum fell on Wednesday after news that the US Federal Reserve was raising interest rates by another 75 basis points to stem the effects of inflation. In June, when the Fed raised interest rates by 75 basis …

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Celsius has a Hail Mary bankruptcy plan: turn its debt into a new cryptocurrency

Celsius has a Hail Mary bankruptcy plan: turn its debt into a new cryptocurrency

Ever since bankrupt crypto lender Celsius froze withdrawals in June, customer funds have been in limbo. Now, a leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company wants to issue an “IOU” cryptocurrency to customers who have signed up for some of its accounts. The recording was provided by Tiffany …

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Ethereum's massive software update just went live - here's what it does

Ethereum’s massive software update just went live – here’s what it does

Ethereum’s biggest update has just gone into effect, in what industry experts are calling a game changer for the entire crypto industry. So far, all signs suggest that the so-called merger – which is designed to reduce the cryptocurrency’s power consumption by more than 99% – has been a success. The first-ever block of Proof-of-Stake …

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Feds recover $30 million in cryptocurrency stolen by North Korean hackers

Feds recover $30 million in cryptocurrency stolen by North Korean hackers

Getty Images Cryptocurrency analysis firm Chainalysis said on Thursday it helped the US government seize $30 million worth of digital coins that North Korean-backed hackers stole from the game developer earlier this year. based on non-fungible tokens. Axie Infinite. Taking into account the more than 50% drop in cryptocurrency prices since the theft in March, …

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