The global crypto market valuation has dropped from trillions to billions, and it is now trading at $822.22B, up 4.23% over the 24 hours. As the crypto market has been experiencing ups and downs in recent months, the collapse of exchanges and hacks has caused the crypto market to experience
November 23, 2022 3 mins read
Ankr, one of the world’s leading Web3 infrastructure providers, has become one of the Sui blockchain’s first RPC (Remote Procedure Call) providers. It is the permissionless Layer-1 blockchain designed to let creators and developers generate Web3 experiences for the next billion consumers. Josh Neuroth, Ankr’s Head of Product, said that
November 22, 2022 2 mins read
Input Output Global (IOG), a Cardano-backed firm, is preparing to launch Midnight. A new zero-knowledge data protection-based sidechain, and dust (DUST) a native token. The failure of the privacy-based blockchain Monero raised privacy concerns in the industry. During IO Scotfest, an event organized by IOG and Edinburgh University in Scotland,
November 22, 2022 2 mins read
According to the CEO of Pershing Square Capital Management, the contested cryptocurrency project Helium can gain intrinsic value over time. Billionaire investor and hedge fund manager Bill Ackman is bullish on cryptocurrencies, despite the collapse of one of the world’s top crypto exchanges. According to one of Tradefi’s most well-known
November 21, 2022 2 mins read
Crypto Exchange FTX has filed for bankruptcy in the United States, and CEO SamBankman-Fried has stepped down, following a liquidation issue at the cryptocurrency group that sparked action from regulators around the world. According to the records filed with the Delaware bankruptcy court, the exchange owes 3.1 billion to its
November 21, 2022 1 min read
In reaction to the news that exchange withdrawals were being frozen, Tether released a brief statement on November 16 stating that it has no risk to interest-bearing Gemini Earn. Or the institutional crypto lender Genesis Global. USDT was hoping to set itself apart from other crypto organizations that were experiencing
November 17, 2022 2 mins read
According to the official notice on Nov 14, the Bahamas Supreme Court has approved a partnership with PricewaterhouseCoopers, also known as PwC. Which provides clients with a variety of professional business services such as accounting, auditing, human resources consulting, and strategy management, as provisional liquidators to oversee the FTX assets.
November 16, 2022 1 min read
When the world learned about the deception Sam Bankman-Fried (SBF) committed to creating his FTX empire, business associates, investors, and ardent supporters agreed that the crypto ecosystem had suffered. On the other hand, mainstream media, which had previously used unfavorable speculative attacks to attack crypto, now appears to be siding
November 15, 2022 2 mins read
Twitter CEO Elon Musk has stated that Bitcoin will recover, but it will take time because of the prolonged winter. The Tesla owner is very interested in cryptocurrency and has a lot of influence over the DOGE. In addition, despite the winter around the crypto industry and the collapse of
November 15, 2022 2 mins read
Binance CEO CZ tweeted this morning that users should not share their API credentials with any third-party platforms since there have been at least three individuals sharing their API keys with third-party platforms such as Skyrex and 3commas and experiencing unexpected trading on their accounts. Following that, the owner of
November 14, 2022 1 min read