Ether, the second most traded cryptocurrency, was priced at $1,853, down 21.11 percent, according to data from Coindesk. TerraUSD, also known as ‘UST’, slipped below its 1:1 peg to the dollar this week, roiling cryptocurrency markets already under pressure alongside tumbling stock markets. Nubank to allow cryptocurrency transactions for clientsFintech Nubank will allow Brazilian customers to make cryptocurrency transactions on its banking app starting in May and said the company bought bitcoin of about 1 percent of its cash holding. The new bank service will allow bitcoin and ether transactions starting at 1 real ($0.1950), the company said on Wednesday. According to the company’s latest earnings report, its cash and equivalents position at the end of December was $2.7 billion.

Source: Libya Today May 11, 2022 15:44 UTC