Despite the market downturn of 2022, legendary value investor Bill Miller remains bullish on his two favorite investments: Amazon, and Bitcoin. In a recent interview, the former chief of Legg Mason called cryptocurrencies “misunderstood,” and referred to Bitcoin as an “insurance policy against financial disaster.” Remaining Patient Miller voiced his opinion on the market in...Read More
Scams related to crypto wallets are on the rise, and users report a phishing application for mobile devices masquerading as Nami Cardano wallet designed to steal seed phrases and funds. The fake wallet was found on Apple’s App Store and is still available for download. If a user enters the seed phrase, the app steals...Read More
New York Digital Investment Group (NYDIG) – an investment management firm that offers a wide variety of bitcoin services – reportedly laid off around one-third of its staff in September. Not long ago, it announced the departure of CEO Robert Gutmann and President Yan Zhao. Despite the redundancies, the former leaders remained as key members...Read More
Lawyers representing the Official Committee of Unsecured Creditors (UCC) of Voyager Digital have raised objections to sweeping legal immunity being planned for the firm’s senior executives. Last month, the Sam Bankman-Fried (SBF)-led crypto exchange FTX won the bid for Voyager for $1.4 billion, beating Binance in the race. However, the Voyager management has reportedly added...Read More
The year 2022 demonstrated the diverse features of the crypto space as well as market participants such as short-term holders, long-term holders, whales, as well as strong and weak hands. While the strong hands continued to amass wealth, the weak hands continued to extract profit at every turn. At the beginning of the year 2022,...Read More
The billionaire Tesla and SpaceX boss Elon Musk is being investigated by Federal authorities regarding his conduct around his $44 billion deal to buy Twitter. That’s according to a recent filing from Twitter, which seeks to unearth critical documents that Musk is supposedly withholding from the firm. Musk’s Documents As reported by Reuters, it is...Read More
The CosmWasm integration is reportedly the first of several other steps that ShareRing, a digital identity blockchain/DLT ecosystem, is taking to move towards attaining the goal of offering seamless access to goods and services. This integration results in enhanced smart contract functionality, improved cross-chain interoperability, and greater flexibility in implementing smart contracts on ShareLedger. During...Read More
Roche Freedman, the law firm behind several legal actions against crypto companies, was removed from representing the plaintiffs in the infamous lawsuit that accused crypto exchange Bitfinex and its sister company Tether of market manipulation. Filed in 2019, the lawsuit against the two companies seeks total damages up to more than $1 trillion. Roche Freedman...Read More
It goes without saying that blockchain gaming is becoming more and more popular and that it’s transforming the entire gaming industry. This is because it takes full advantage of blockchain-based concepts such as non-fungible tokens (NFTs), play-to-earn, as well as the metaverse. These are just some of the features that are aimed at making the...Read More
[PRESS RELEASE – Please Read Disclaimer] Although the past several months were not kind to the cryptocurrency industry, as well as memecoins, such types of digital assets skyrocketed in popularity in 2020 and 2021. As such, the crypto landscape saw the emergence of hundreds of them, each trying to capture some of the market shares...Read More
With the bear market taking a heavy toll on the crypto mining industry, Binance has announced a new lending project. The development follows the founder of Bitmain, Jihan Wu’s announcement of establishing a $250 million fund to purchase distressed assets from mining firms. Wu is currently spearheading the bitcoin mining rig maker’s spin-off, Bitdeer Technologies,...Read More
The Chinese entrepreneur and Founder of TRON Foundation – Justin Sun – claimed he holds “tens of millions” of Huobi Tokens. He also said his new role as a Global Advisor at Huobi could allow him to accelerate the development of the digital asset. A few days ago, the crypto exchange Huobi launched a Global...Read More
[PRESS RELEASE – Hrodna, Belarus, 14th October 2022] The thunderous presale of the NFT GameFi token raised more than $1.2 million and continues to delight investors. Girles Token is a decentralized NFT GameFi token created on the Ethereum platform, which is available for presale right now for every investor. Early-stage investors have more attractive terms...Read More
[PRESS RELEASE – Kyiv, Ukraine, 13th October 2022] Primex Finance, the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading. With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits...Read More
Supontis (PON) and Dogecoin (DOGE) are two very different coins. One is a technical cryptocurrency created to improve the cross-chain transfer of various digital currencies like Ethereum, Binance, and Tron. The other is a meme coin that prides itself on seamless peer-to-peer transactions and a lively community. Nonetheless, both have one thing in common. They...Read More
The past couple of months have been rife with tales of exploited blockchain ecosystems, whether due to coding errors or disgruntled employees. After the most high-profile attack in recent months saw Binance Smart Chain exploited for several million dollars worth of BNB, the cybersecurity team at Cosmos has been conducting extensive audits as a precautionary...Read More
Stablecoin issuer Tether has revealed that it now holds zero commercial paper after months of gradually reducing its commercial debt holdings for its reserve assets. The development comes less than two weeks after the company announced that it had reduced its commercial paper exposure to less than $50 million. Commercial paper is an unsecured, short-term...Read More
Metamask continues to push for leadership in the cryptocurrency wallet industry, offering new tools that make it easier for its users to purchase crypto. On October 13, Sardine, a financial platform offering instant ACH settlements, confirmed a partnership with ConsenSys to allow Metamask users in the U.S. to purchase cryptocurrencies with their bank accounts from...Read More
South Korean tech giant – Samsung – announced a new security system dubbed ‘Knox Matrix’ that links all user devices together in a private blockchain. The main objective is to enhance the security of a multi-device environment. Essentially, if a single device gets compromised, the others shut it out of the network automatically. “Samsung Knox...Read More
