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Stablecoins Under Scrutiny

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Travelzoo META Opens for Founding Members

NEW YORK/PARIS/TOKYO, May 11, 2023 - (ACN Newswire) - The future of travel is here. After months of anticipation, Travelzoo META, a members-only service offering groundbreaking Metaverse travel experiences, is now accepting its first one million Founding Members. Launched by Travelzoo® (NASDAQ: TZOO), a global Internet media company, Travelzoo META will give Founding Members the opportunity to be the first to experience travel in the Metaverse. Travelzoo META's experiences are intended to allow its members to explore hard-to-reach corners of the world, like summiting Mount Everest, or travel back in time—to

Crypto Chaos

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

CHALLENGE TO THE LIMIT ONE FESTIVAL at YU-GI-OH! MASTER DUEL

A new limited-time event that limits you to only one of all the cards in your deck A new multiplayer event now live in Yu-Gi-Oh! MASTER DUEL. This special limited-time format presents a unique challenge to duelists… The new Limit One Festival is all about believing in the power of your cards - or rather, a "Card". In this case players must use Decks that contain no more than one card from any individual card. In other words, your deck cannot contain any duplicates of cards. It's up to the