Cryptoverse: ‘Layer two’ tokens enjoy new life as bitcoin soars
By Medha Singh and Lisa Pauline Mattackal (Reuters) – It’s next-level stuff. “Layer 2” cryptocurrencies native to projects built on top of “layer 1” blockchains such as Bitcoin and Ethereum – have…
Cryptoverse: Stablecoins sag in the dog days of summer
By Hannah Lang (Reuters) – Bitcoin isn’t the only asset experiencing a late summer slump. Stablecoins, cryptocurrencies typically pegged to real-world assets like the U.S. dollar, have wilted to their lowest…
Cryptoverse: All eyes on ChatGPT-maker’s Worldcoin
By Elizabeth Howcroft (Reuters) – Worldcoin has no problem attracting eyeballs. More than 2.2 million people have signed up, getting their irises scanned in exchange for a digital ID and, in some…
Cryptoverse: Ripple effect as explosive XRP leads market charge
By Medha Singh and Lisa Pauline Mattackal XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums. The price of XRP…
Cryptoverse: Jump or slump? $30k or $5k? Play the bitcoin roulette
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Plucky bitcoin’s been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the dizzy heights…
Cryptoverse: Bleeding bitcoin’s holding out for a hero
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Who can save bitcoin? The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month,…
Cryptoverse: Bitcoin beats the heat in a jumpin’ July
By Lisa Pauline Mattackal and Medha Singh (Reuters) – It’s been a good month for bitcoin – and we haven’t said that for a while. After months of freefall, it jumped more…
Cryptoverse: Stablecoins wend wobbly way into the unknown
By Medha Singh, Lisa Pauline Mattackal and Alun John (Reuters) – Stablecoins, the safe and strait-laced cousins of crypto, are looking distinctly dicey. Tether, USDC and others lost their prized pegs to…
CRYPTOVERSE: Bitcoin squeezes smaller rivals to its crown
By Medha Singh and Lisa Pauline Mattackal – Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown. The original digital coin was assailed by thousands of new “altcoin”…
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