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Seattle-based Stably is making it easier for big companies to create their own stablecoins. They’re offering a full suite of services to help with everything from development to advice. Stablecoin Services for Businesses Stably’s “Stablecoin-as-a-Service” (SCaaS) helps businesses create branded stablecoins. They’ll handle the technical side, working with partners like Bridge and Frax, and provide…
Scammers are using Google’s sponsored search results to trick people into giving up personal information. This widespread scam targets users searching for tech support from major companies like Apple, Bank of America, Netflix, and others. How the Scam Works The scam uses fake ads on Google that appear as legitimate tech support results. Clicking these…
A California lawyer is suing Chase Bank after they allegedly froze his accounts, wiping out $185,000 and causing a cascade of problems. A Lawyer’s Nightmare Brian Adesman, 32, claims Chase shut down his personal and business accounts without warning or explanation. He says this led to a complete financial meltdown, forcing him to cancel his…
Steve Eisman, the famed investor who famously bet against the housing market (as depicted in “The Big Short”), is sounding the alarm about a potential banking cartel forming in the US. He’s worried this could lead to higher costs for everyday banking services. A Lack of Mergers and a Growing Problem Eisman points out that…
Bitcoin’s been a rollercoaster lately, and things might get bumpier before they smooth out. Analysts are predicting a significant price drop, possibly all the way down to $94,000. The Elliott Wave Theory and Bitcoin’s Dip One analyst, Luca, using the Elliott Wave theory, suggests Bitcoin is in a correction phase (Wave 2). Their 8-hour chart…
Bitcoin’s dominance is at a new high, over 66%! This isn’t great news for other cryptocurrencies (altcoins), and it’s making people wonder if we’ll even see an “altcoin season” this year. Experts Weigh In Crypto analysts are buzzing about this. Finsends, for example, thinks Bitcoin’s dominance might hit 68.56% before dropping back down to around…
Mastercard and Chainlink have teamed up to make buying crypto easier than ever for millions of people. This partnership will let Mastercard’s 3 billion cardholders directly purchase cryptocurrency using decentralized finance (DeFi) platforms. How it Works This isn’t just Mastercard and Chainlink; several other companies are involved, including zerohash, Swapper Finance, Shift4 Payments, and XSwap….
Cardano’s new privacy-focused sidechain, Midnight, is launching a huge airdrop called the “Glacier Drop.” This airdrop distributes 24 billion NIGHT tokens, Midnight’s native token. How NIGHT Tokens Work NIGHT is a utility token that generates DUST, a resource used on the Midnight network. DUST is not transferable and burns upon use, unlike typical transaction fees….
Bitcoin’s price has bounced back above $105,000, but the news isn’t all good. The derivatives market, which heavily influences Bitcoin’s price, is showing some worrying signs. Futures Buying Pressure Drops A recent report highlights a significant decrease in buying pressure in the Bitcoin futures market. Key metrics like the Taker Buy/Sell ratio and Net Taker…
Anthony Pompliano’s ProCap just made a huge splash, raising $750 million and merging to become a publicly traded company, ProCap Financial Inc. ($CCCM), with a billion dollars worth of Bitcoin! This move, backed by major crypto investors, signals a significant shift in institutional interest in Bitcoin. Institutional Bitcoin Adoption is Booming More and more big…
