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Genesis Global Files For Chapter 11 Bankruptcy in New York

Genesis Global, a cryptocurrency lender, officially filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York on January 19. The failure of cryptocurrency exchange FTX has resulted in a slew of bankruptcies, the most recent of which being Genesis. It’s also a

January 20, 2023 1 min read

Blockchain and Crypto to Catalyze the India Techade

Indian executives are opening up their thoughts about cryptocurrencies and digital assets to the world. One such personality is the Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Shri Rajeev Chandrasekhar. India’s Electronics and IT Minister at the Itech Law International Conference 2023 informed, the

January 20, 2023 2 mins read

StorX Network (SRX) Gains Its Position on Coinstore.com Listings

StorX Network ($SRX) is listed on Coinstore.com – a global cryptocurrency exchange with over 2,300,000 users allowing individuals and institutions to buy, sell, and trade over 1,000 cryptocurrencies. Significantly, Coinstore.com will offer the SRX community a simple buy/sell crypto feature for beginners, advanced cryptocurrency spots, and futures trading dashboards.  The

January 20, 2023 2 mins read

Solana (SOL) Rallies Massively in a Month & Recovers From Early Losses

Solana (SOL), the native cryptocurrency of the Solana ecosystem, appears to be having a strong rebound in 2023. One of the leading cryptocurrencies in the global crypto market, SOL, has experienced a tremendous price climb since mid-December. The token continuously shows bullish momentum by maintaining a solid hold on its

January 20, 2023 2 mins read

Whales Dump Billions of Shiba Inu Worth Around $5.1 Million

On Thursday, the Shiba Inu (SHIB) price rise that had been supported by the Shibarium update and the purchase of Ethereum (ETH) whales had reached a new low. Nearly the last day, the value of the second-largest meme crypto in the world has decreased by over 9 percent. A large

January 19, 2023 1 min read

South Korea Announces a New Monitoring Tool to Detect Risks

South Korea’s Financial Supervisory Services (FSS) has announced a proposal to establish a cryptocurrency monitoring tool. That will be integrated into the identification verification system by the end of January. As well as penalizing cryptocurrency investors who refuse to validate their identities. FSS governor Lee Bok-hyun officially announced this on

January 19, 2023 2 mins read

Top Crypto Owner Nations in the World

Cryptocurrency adoption and acceptance have increased the phase and broken down various barriers and stereotypes. The phrase ‘Banking the Unbanked’ is becoming the existential truth. As per stats from DataReportal in 2022, one in ten working-age people is holding or using cryptocurrency. One similar image with such a record is

January 19, 2023 2 mins read

CFTC: Crypto Tokens Shouldn’t be “Self-Certify” by Exchanges

The cryptocurrency exchange FTX collapse called the commissioner of the Commodity Futures Trading Commission (CFTC) to stop allowing crypto exchanges to “self-certify” and list tokens in an unregulated way. CFTC commissioner Christy Goldsmith Romero stated that; I urge Congress to avoid permitting newly-regulated crypto exchanges to self-certify products for listing,

January 19, 2023 1 min read

Crypto Lender Genesis Nears to File for Bankruptcy

According to reports, Genesis , a cryptocurrency lender, plans to file for bankruptcy as early as this week. Since FTX’s demise and bankruptcy in November, bankruptcy filing has been expected. As per certain sources, Genesis was discussing a prepackaged bankruptcy plan with its creditors, which would entail striking a restructuring

January 19, 2023 1 min read

Bitcoin (BTC) Surpasses Tesla in Market Cap

Bitcoin (BTC), the most valuable cryptocurrency measured by market cap, is unstoppable, recently its market cap has increased. Because of the tremendous influx of capital, the market capitalization of the scarce cryptocurrency has recently surpassed that of several big publicly traded firms, and even fiat currencies. According to a Twitter

January 19, 2023 2 mins read