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Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve Currency

Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve CurrencyA former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve currency. Dudley, who currently chairs the […]

Bitfarms: Rebound Overdue or Losing the Game?

Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg

Luna Foundation Guard Raises  Billion to Safeguard UST Dollar PegThe Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to […]

Bitfarms: Rebound Overdue or Losing the Game?