Crypto has gained a lot of fame across the globe in recent times. Countries around the world, whether small or large, are endeavoring to adopt crypto and blockchain technologies into the economy to get spread digitalization worldwide. Many central banks are pursuing…
Midas, a custodial investment company, will shut down its activities due to a shortfall of up to $63.3M in its DeFi portfolio. Iakov Levin (the CEO and founder of Midas), who is also famous by the name “Trevor,” stated noted that the…
Sam Bankman-Fried (SBF), the founder of FTX, has been provided free advice by Martin Shkreli (a white-collar criminal in the past going by the name “Pharma Bro”) to survive in federal prison. Shkreli spent nearly 4 years in prison for securities fraud…
Vitalik Buterin (a computer scientist and co-founder of Ethereum) has discussed what he considers the 3 top opportunities to be witnessed in the crypto world at the current time. While appearing in an interview, Buterin stated that the creation of wallets that…
Twitter, a well-known social media company, has incorporated an exclusive feature in its search tab to let consumers search the value of the top crypto tokens Ether (ETH) and Bitcoin (BTC) just by entering their tickers or titles. The latest service is…
Core Scientific Inc., a giant in Bitcoin mining, has submitted a Chapter 11 bankruptcy filing in the US Bankruptcy Court for the Southern District of Texas. The liabilities of the mining platform are likely between $1B and $10B. The bankruptcy submission disclosed…
Alameda Research Ex-CEO Caroline Ellison and Gary Wang, the FTX co-founder, have pleaded guilty to charges filed against them. On Wednesday, U.S. Attorney Damian Williams announced that the pair was ready to cooperate in the investigation into FTX’s sudden collapse. The Security…
Binance.US remained successful in winning the bid to obtain the assets of Voyager (the defunct crypto company). Voyager declared that the top bidder was Binance.US and the bid’s value was approximately $1.022 billion. The target of the bid is to be returned…
A class-action legal case proposes that a significant role has been played by Silvergate in the alleged scam that took place at FTX (the crypto exchange of Sam Bankman-Fried). The petitioners assert that the crypto bank has also been responsible for the…
Three well-known Democratic political organizations have declared their intention to repay the one million dollars Sam Bankman-Fried contributed for the 2020 and 2022 election cycles. A closer look at the situation The groups will reimburse former FTX clients who lost money due…
The story of Flow is one of tragedy and bad fortune. The token is doing quite poorly, with not a single good week since its release on multiple exchanges about a year ago. Even during a massive market-wide bull run, the token…
The current crypto winter seems to remain unsuccessful in pulling the industry back from making efforts for worldwide accessibility and adoption. For this purpose, Bitnob and CoinCorner are teaming up with each other. With this partnership, consumers throughout the world will be…
A respected European aviation operator based in Germany is making an important decision as it will affect how people in Europe will use crypto. Siegfried Axtmann, the founder of FAI Aviation Group, announced that the company would start accepting cryptocurrencies due to…
The crypto industry is regulated regionally, with some nations making faster and more decisive moves compared to others. The EU has developed some rules for members of the union, and some nations in Europe stepped up their policy-making game in 2022. However,…
According to the trader’s new CEO, the company became a complete disaster due to the lack of well-organized management at all levels and stages inside the organization. The detailed report on the crisis causes J. Ray disputed some of SBF’s assertions by…
The financial authorities are contemplating beginning discussions with the crypto industry while targeting to implement rules that would regulate the crypto exchanges in the coming year following the crash of FTX.com (one of the largest crypto trading companies across the globe), as…
The bond market is sometimes referred to as “smart money.” It gets this name because bond traders are usually the first to recognize certain elements of monetary or fiscal policy which may cause them to sell or buy bonds. Traditionally purchased or…
J. Dorsey’s BTC undertaking, undecided, reset hours after the ‘web-5’ trademark. In a post, TBD said the determination was in reaction to the crypto user’s interests. The community has spoken out strongly against trademark infringement that may jeopardize the goal of redistributed…
Changpeng Zhao, the chief executive officer of Binance (the top crypto exchange), turned to his account on Twitter, cautioning about the latest type of hack influencing the crypto world. The hack is performed by a malicious actor, one with extensive knowledge regarding…
Robert Kiyosaki, the person who wrote the bestseller “Rich Dad Poor Dad,” has indicated aspects that can potentially pave the way toward an economic downfall in the future. Interestingly, with the mounting inflation as well as the elevating interest rates, the author…
