Author name: Peter

The Decline of GUSD, USDP, and MIM: Navigating the Turbulent Stablecoin Market

Introduction Over the past few years, the stablecoin market has experienced significant turbulence, with several prominent stablecoins facing setbacks and declining supplies. In this article, we will explore the descent of Gemini's stablecoin GUSD, Paxos' USDP, and Abracadabra Money's MIM, and discuss the implications for the stablecoin market as a whole. The Fall of GUSD […]

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The Shocking Reality: Seniors Losing It All in Gold IRA Investments

Self-Directed gold IRAs are great as they allow you to invest in precious metals and not have to go through any middlemen. They are so simple , even your grandmother could set it up! If you purchase physical silver, gold, palladium, platinum, bar, rounds, and bullion you’ll have immediate liquidity. If you’re looking to diversify

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NoOnes: Empowering Global South Entrepreneurs Through Bitcoin

As Binance exits Nigeria, the crypto landscape in the Global South faces uncertainty. The departure of the largest crypto exchange from the world's fastest-growing market for Bitcoin adoption has left many wondering about the future. However, for Ray Youssef, the founder of NoOnes, a peer-to-peer Bitcoin trading platform, the signs were clear. He foresaw the

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Decentralized Finance Platform Radiant Capital Loses $4.5 Million in Flash Loan Attack

Radiant Capital, a decentralized finance (defi) platform, confirmed on January 3, 2023, that it fell victim to an attack resulting in the loss of digital assets worth $4.5 million. The attack, known as a flash loan attack, caused the protocol to accumulate bad debt in the WETH market, which accounted for approximately 1.3% of the

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USDC Stablecoin Temporarily Depegs to $0.76 on Binance Amid Market Turbulence

USDC Temporarily Depegs on Binance Amidst Crypto Market Sell-Off Circle's USDC, a stablecoin pegged to the dollar, experienced unexpected volatility on the Binance exchange platform. It briefly depegged from its $1 value, falling as low as $0.76. This event occurred during a market-wide sell-off driven by skepticism surrounding the potential approval of a spot bitcoin

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The Real Implications Of Cash Creation Instead of In Kind

Introduction The Securities and Exchange Commission (SEC) has recently made a significant decision regarding spot Bitcoin exchange-traded funds (ETFs). Instead of the typical "in kind" transfers, these ETFs will now adopt a cash creation methodology. This change has sparked various discussions and interpretations, but the overall impact on investors will be minimal, while it will

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Lynette Zang: Investing Money Into a Gold & Silver IRA? (Pros & Cons)

Self-DirectedGold IRAs are fantastic as they let you make investments in gold and other precious metals without needing to work with middlemen. These accounts are so simple that your grandmother could set it up! When you purchase physical silver, gold palladium, platinum, bar, rounds and bullion, you get instant liquidity. But if you’d like diversify

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Argentinians Turning to Bitcoin Amidst Record Inflation

As the Argentine economy grapples with unprecedented levels of inflation, citizens are increasingly embracing Bitcoin as a means to safeguard their financial stability. Rising Inflation Rates in Argentina The Argentine Republic is currently facing the highest inflation rates globally. Historically, the nation experienced moderate inflation levels of around 25%; however, the onset of the pandemic

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