Leading American cryptocurrency exchange Coinbase has on-boarded new executives to lead its expansion plans in Europe, the Middle East, and Africa (EMEA) despite the intense bear market pushing several crypto entities into bankruptcy. According to the exchange, the appointments are part of its ”Go Broad and Go Deep strategy’ for global expansion, which the...Read More
The decentralized lending protocol AAVE has temporarily disabled its lending markets for multiple Ethereum-based tokens facing excess volatility and low liquidity. The 17 frozen assets include various defi tokens that are competitors to AAVE, such as Compound (COMP) and Curve Finance (CRV). On Sunday, Aave passed a near-unanimous governance vote to disable the markets, with...Read More
If there is one thing that the mainstream associates Bitcoin mining with, it’s the excessive usage of electricity. Many people (and regulators) believe that BTC mining is going to fry the world because it uses so much electrical energy. Some governments have outright banned it. For example, back in January this year, Kosovo introduced a...Read More
Private Twitter data pertaining to 5 million users was reshared in a hacker forum last Thursday after first being leaked in July. Whereas July’s leak came with a price tag of $30,000, Thursday’s dump was provided for free. User Private Info Revealed Pompompurin, the owner of the hacking forum HackerOne, confirmed to BleepingComputer over the...Read More
Andre Cronje – the so-called “Vice President of Memes” for the Fantom Foundation – provided an insider’s view into how the company has remained cash-flow positive across the past 4 years. The developer noted that the foundation would “likely not be operational today” without decentralized finance (DeFi), and suspects the same is true for other...Read More
Cryptocurrency investment could be profitable. However, some investors are successful while others are not. You need to be smart enough and know where to put your investments. Binance Coin (BNB) and Polygon (MATIC) are two popular cryptocurrencies. They used to give investors satisfying returns, but now, they are having difficulty achieving that expected profit. Thus,...Read More
Bitfront – a cryptocurrency platform operated by internet company LINE Corporation – announced it will cease its services as of March 31, 2023. The entity asserted that its decision is not related to the recent collapse of FTX. The US-based exchange Bitfront informed its customers they should withdraw their assets by the end of March...Read More
Another former cryptocurrency giant has filed for Chapter 11 bankruptcy protection in the United States. Thus, BlockFi has followed the example of companies like Celsius and Three Arrows Capital. The cryptocurrency lender’s troubles began as the bear market intensified earlier this year, especially after the Terra collapse. There seemed to be a lifeboat thrown by...Read More
[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency industry has seen better days, given the most recent collapse of one of its giants, but that has not stopped certain projects from raising money. Just over a month after stage 6 of its presale was on, the Big Eyes memecoin project has announced that its seventh...Read More
Singaporean Prime Minister Lee Hsien Loong and Deputy Prime Minster Lawrence Wong are facing intense scrutiny from the parliament over FTX investor losses and the due diligence undertaken by state-owned investor Temasek Holdings. The opposition – Workers’ Party – has reportedly filed over a dozen of questions about Temasek’s investment while questioning the Singaporean government’s...Read More
The cryptocurrency industry saw one of the most spectacular crashes of one of its giants earlier this month, which cast doubt over the entire market and investors’ perspectives on it. However, on-chain data shows that retail investors have continued accumulating bitcoin with enhanced appetite. Crabs and Shrimps Keep Buying Bitcoin shrimps, as categorized by Glassnode...Read More
Bitcoin has been playing it relatively safe in the face of widespread investor skepticism, volatile markets, and other minor disturbances. The asset recently formed a double top as it consolidated below $16,800- an extremely bearish reversal formation, thus causing heightened stress and panic amid the trading community. From $16,791 it has been declining gradually below...Read More
[PRESS RELEASE – Singapore, Singapore, 27th November 2022] PlayToEarn.net has announced the Blockchain Game Awards 2022 with $10,000 in prizes for content creators. The public is invited to vote for this year’s best blockchain games. The flagship industry awards recognize the best gaming companies and brands as well as acknowledging outstanding content creators. The winners...Read More
Chapter 2 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
Bitcoin’s price is struggling above the $16K mark, and it seems that more troubles might be coming. Data shows that miners might be having hard times, as their revenues are getting lower while the mining difficulty remains high. According to an analyst from the popular resource CryptoQuant, the current situation in regard to Bitcoin miners is similar...Read More
The cryptocurrency market and its leading market players are fighting to break out of a narrow consolidation zone. However, given the current state of the market, investors are left awaiting the impending market rally. The crypto winter stuck with the market longer than expected and with the FTX collapse, things got worse. Amid all the...Read More
Priorities change according to the events, and Russia’s president may be taking notice. In a recent speech at the Artificial Intelligence Journey 2022 international AI and machine learning conference, Vladimir Putin spoke of the advantages of using a global payment system based on blockchain technology. For President Putin, the primary advantage would be the ability...Read More
