Journalism graduate who loves to write and Karate. And I love exploring new concepts and that brought me into the fascinating crypto and blockchain technology…
Cryptocurrency exchange Coinbase outpaced revenue forecasts for the fourth quarter of 2022. Its transaction volume continued to drop. A year after Coinbase made $840 million in net profits during the height of cryptocurrency growth. And the company reported a $557 million net loss. As per reports, for the fourth quarter,
February 22, 2023 1 min read
The Ethereum Denver conference website duplicated by cybercriminals, who used it to start a phishing scheme that culminated in the theft of almost $300,000 worth of Ethereum. Blockfence was able to recognize the fake website. And noticed that more than 2800 wallets hacked in the previous six months. The ETH
February 21, 2023 2 mins read
The Securities and Futures Commission (SFC) of Hong Kong is seeking public input on its recently proposed licensing scheme for cryptocurrency exchanges. That is slated to go into effect in June 2023. On Feb. 20, the SFC announced the consultation process and detailed a new licensing framework for the industry.
February 20, 2023 1 min read
The FlokiFi Locker has now surpassed $31.5 million in Total Value Locked (TVL), showing the continued growth in popularity of Floki’s digital asset locker. FlokiFi Locker is a multi-chain protocol that supports 12 EVM-compatible blockchains, including BNB Chain. The protocol secures digital assets with an ERC-1155 multi-token standard solution. This
February 20, 2023 2 mins read
In BinaryX (BNX) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about BNX to analyze the future movement of the cryptocurrency. BinaryX (BNX) Current Market Status Current Price $165.90 24 – Hour Trading Volume $939,486 24 – Hour Price Change 2.2% down Circulating Supply 2,637,764
February 17, 2023 8 mins read
The cryptocurrency market is going through an “Alameda gap,” where several projects are delaying their token releases. It is because of the lack of liquidity despite rising bitcoin (BTC) and ether (ETH) prices. The number of new coin applications decreased during 2022, from 10,264 in the first quarter to 6,350
February 17, 2023 1 min read
According to reports, on June 1st, 2023, Hong Kong will officially make cryptocurrency purchasing, selling, and trading entirely legal for all of its residents. In Hong Kong, Interactive Brokers (IBKR) has started working with cryptocurrency exchange OSL Digital Securities. This is to provide cryptocurrency trading to professional investors. The objective
February 16, 2023 2 mins read
Ripple announced that it would contribute money to help those affected by the earthquakes in Turkey and Syria along with other businesses in the cryptocurrency sector. The commitment of $1 million in XRP by Ripple to help NGOs made public on February 15. According to estimates, a 7.8 magnitude earthquake
February 15, 2023 1 min read
Sam Bankman-Fried, the former FTX founder is accused of using a Virtual Private Network (VPN) to access the internet, which has concerned U.S. prosecutors. U.S. Attorney Damian Williams stated that the government considered utilizing a VPN to “raise numerous possible concerns. Including instances of American users accessing specific international crypto
February 15, 2023 2 mins read
As part of a company-wide restructuring, non-fungible token (NFT) marketplace Magic Eden announced on Monday that it will be letting go of 22 of its employees. Jack Lu, the CEO, and co-founder of Magic Eden, wrote on Twitter that the firm needed to make staff adjustments to meet new objectives
February 14, 2023 2 mins read
