According to a recent Statista report, India’s crypto community could surge to more than 156 million members by the end of the year. Most people expected to jump on the bandwagon are educated younger individuals with middle-income status who seek alternatives to the shaking banking system. Indians Could Flock to Crypto in the Near Future...Read More
After a 2-year investigation, Hindenburg concluded Block (previously known as Square) “systematically took advantage of the demographics it claims to be helping.” The report accused the firm of facilitating “fraud against consumers and the government” as well as “avoiding regulation.” It further called Block’s loans and fees to be “predatory” in nature and designed to...Read More
Scammers adapt better than we can imagine and change depending on the market situation. This revelation was made in a recently hosted webinar by prominent blockchain analytics firm Chainalysis wherein it gauged crime trends in the industry market during the crypto winter. The data gathered by the firm revealed how scammers adapted to the developments...Read More
The crypto market is buzzing with excitement as Bitcoin and Ethereum, two of the most popular cryptocurrencies, appear to be poised for significant price momentum in the coming week. As we approach the end of the month, traders are eagerly anticipating a continuation of the recent upward trend in the cryptocurrency market. Over the last...Read More
The world of crypto has taken the financial world by storm, and for a good reason. With the increasing digitization of our lives, cryptocurrencies offer a decentralized and secure way to store and transfer wealth. And while Bitcoin may be the most well-known cryptocurrency, there are many others that are worth investing in, including DigiToads...Read More
Greepeace’s latest marketing stunt in its campaign against the Bitcoin mining industry appears to have backfired, with BTC boosters welcoming its artistic fruit. Meanwhile, Bitcoiners continue to blast the organization’s efforts to disparage the network as environmentally harmful, remaining committed to its proof of work consensus mechanism. The Skull of Satoshi In a tweet on...Read More
Chapter 19 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...Read More
Yesterday, lawyers from the FTX Group announced their intention to settle out of court with Modulo Capital, a measure that effectively wiped the VC firms’ books by about 99%. Mysten Takes it in Stride Today, in another bid to raise as many funds as possible, FTX outlined intentions to sell its stake in Mysten Labs...Read More
The United States Securities and Exchange Commission has often talked about the purported “dangers” of crypto-assets while highlighting the need to strongly regulate the industry. It wasn’t until the FTX blow-up that the regulator stepped up its aggression. In yet another instance stigmatizing the asset class, the securities watchdog has released a bulletin urging investors...Read More
