A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
The financial behemoth JPMorgan shared insight into the complete scenario of the demise of the prominent cryptocurrency exchange FTX. JPMorgan stated that the centralized player is the cause of the recent crypto collapse. Also, the banking giant believes FTX’s failure might eventually make way for more strong regulations for cryptocurrencies.
November 15, 2022 1 min read
The world’s largest centralized cryptocurrency exchange Binance, experiencing massive use in its debit and credit card program. In addition, last week, Binance announced Apple Pay, Google Pay, and their credit/debit card integration to UK and EEA users. Meanwhile, in the aftermath of prominent crypto exchange FTX’s demise, Visa declared on
November 15, 2022 1 min read
Following the major cryptocurrency exchange FTX’s insolvency, another centralized crypto exchange Crypto.com revealed that unknowingly it had transferred 320,000 ETH, or about $400 million at the time, to a public address that is registered at a rival exchange. According to Etherscan, the block explorer, Crypto.com sent funds equivalent to about
November 14, 2022 2 mins read
Miami-Dade, the county that signed the deal with the insolvency cryptocurrency exchange said in a statement that it was currently reviewing and seeking evidence about FTX’s financial status and possible next steps. In addition, last month only the FTX logo was added to the Miami arena. The country stated that
November 11, 2022 1 min read
Genesis Trading, the market maker and lending arm of Digital Currency Group, disclosed that its derivatives division had over $175 million funds stored in an FTX trading account. Also, the trading company confirmed that it has no ongoing business ties with FTX or Alameda Research, the cryptocurrency trading company run
November 11, 2022 2 mins read
The current scandal over Sam Bankman Fried’s crypto exchange FTX and his trading company Alameda Research resulted in a significant loss on Solana’s SOL token. The worst-case scenario is SBF’s Alameda Research holding a significant amount of Solana tokens. The so-called Ethereum killer Solana (SOL) which supports the rapid layer-1
November 9, 2022 2 mins read
World’s one of the most prominent cryptocurrency exchanges FTX CEO Sam Bankman-Fried’s total net worth fell by nearly 94% to $991.5 million in a single day. Also, he has disappeared from the Bloomberg Billionaires Index. Prior to FTX financial crisis, SBF’s personal wealth was estimated to be $15.2 billion, as
November 9, 2022 1 min read
Rolex, the swiss luxury watchmaker, has applied for trademarks in Metaverse and NFT as per a tweet made by Mike Kondoudis, the United States Patent and Trademark Office (USPTO) licensed trademark attorney. Also, Rolex has submitted trademark registrations on cryptocurrencies. Luxury watchmaker #ROLEX has filed a trademark application claiming plans
November 8, 2022 1 min read
Benzinga which seeks to spotlight the wider cryptocurrency sector, including DeFi and NFTs hosted the Future of Crypto conference. The leading blockchain public relations (PR) and marketing agency, MarketAcross, is the official global media partner for the conference. The first edition of The Future of Crypto conference will be held
November 8, 2022 1 min read
Binance the world’s most prominent cryptocurrency exchange announced that once again it has added a fiat gateway for the Nigerian Naira (NGN). Binance making more effort to extend cryptocurrency use and accessibility for the general public. As part of this Nigerian users can now able to deposit and withdraw NGN
November 8, 2022 1 min read