A survey carried out by one of the leading daily newspapers in El Salvador – La Prensa Grafica – determined that President Nayib Bukele has the support of 91% of the locals. The media outlet is known as an opposition to the ongoing political regime in the Central American country, prompting the leader to doubt...Read More
With the largest crypto-supportive banks in the U.S. crumbling at the seams, industry firms appear to be retreating to Switzerland for a financial lifeline. Crypto-focused banks in the region are reporting higher traffic after Silvergate, Signature Bank, and Silicon Valley Bank (SVB) all effectively failed over the past two weeks. Where to Crypto Firms Go?...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, 17th March 2023] ZOGI Labs, a multidivisional blockchain company and gaming studio established in May 2021, and the team behind the revolutionary MMORPG Legends of Bezogia, has announced the successful conclusion of its private token sale for its in-game currency, Magical Blocks ($MBLK). Led by web3-focused M3 Ventures...Read More
As crypto news of partnerships and integrations dominate the crypto space, Litecoin is dormant, with no updates to keep investors engaged. Like any other cryptocurrency, Litecoin’s price owes its performance to various parameters, including market demand, adoption, and technological advancements. One significant factor that can affect the price of LTC is its dormancy regarding the...Read More
Argentina’s annual inflation rate surpassed 100% in February, marking a 30-year high since the nation’s hyperinflationary period in 1991. Meanwhile, Bitcoin has appreciated against the Argentine Peso by 20% over the past year, despite posting a 34% drop against US dollars over the same period. Government data released on Tuesday showed a Consumer Price Index...Read More
Balaji Srinivasan, a venture capitalist and former CTO of Coinbase, claimed that the US economy would enter a phase of hyperinflation in 90 days, catapulting BTC to $ 1 million. Balaji, whose crypto venture Earn.com was acquired by Coinbase in 2019, also offered to pay $1 million in BTC to the best 1,000 tweets that...Read More
Layered Financial Independence or LFi is a multi-layered decentralized financial system that uses blockchain technology and provides tools and applications that will help in creating different financial opportunities for its community. This article will explain every layer that makes up the LFi network. Layer 1: Blockchain and Token The first layer of LFi consists of...Read More
The Federal Bureau of Investigation (FBI) revealed that Americans parted with over $10 billion last year due to online fraud. Wrongdoers drained $2.57 billion of that amount via cryptocurrency investment schemes. Crypto Scams on the Rise Despite the predominantly bearish year for the cryptocurrency industry, 2022 was fruitful for criminals. They stole nearly $2.6 billion...Read More
