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Stablecoins ‘not a safe store of value’: BIS

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“Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg,” wrote the Bank for International Settlements.

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Coin Market

Australian feds ‘deciphered’ seed phrase to access suspect’s crypto

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The Australian Federal Police said an analyst cracked the seed phrase to a crypto account belonging to the accused owner of an organized crime messaging app. 

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Coin Market

80% of crypto startups from 2022 are still kicking despite market chaos

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Over 1,200 crypto startups raised funds during a tumultuous year of crypto collapses, and 80% of these projects are still building today, according to Lattice Fund.

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Coin Market

Bitcoin ETFs see biggest outflow in a month as Middle East tensions surge

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The outflow has reversed an eight-day trend of consecutive inflows totaling $1.4 billion. 

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