Mon, October 5

Elon Musk Should Step Down as Twitter CEO, Says Poll

Late Sunday, Elon Musk posted a poll asking users if he should step down as Twitter’s CEO, the social media platform he bought in October that has sparked controversy ever since. Should I step down as head of Twitter? I will abide by the results of this poll. — Elon

December 19, 2022 1 min read

US Senate Banking Chair Suggests Outlawing Cryptocurrency

Sherrod Brown, the head of the United States Banking Committee, propounded that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to embargo Cryptocurrency. He further stated that the Treasury Department and “all the other agencies” should evaluate any potential actions linked to the Cryptocurrency market. Brown

December 19, 2022 1 min read

OKX Exchange Stops as Alibaba Cloud Hardware Fails

The overall philosophical trust upon the crypto exchanges are devastating the entire crypto industry terribly. With the fall of FTX exchange, the entire notion people had upon the crypto exchanges took a bad turn.  Ever since then, exchanges are ultimately towards the aim of restoring the lost trust, and faith

December 18, 2022 2 mins read

Raydium Hacked, Looses $2.2M!

Every then and there, occurs an incident, either a hack or an attack upon the crypto industry. The worst affected are always the exchanges, notably. In such terms, Raydium, the best functioning Decentralized Exchange (DEX) upon the Solana (SOL) blockchain was hacked on December 16th, 2022.  The hack took place

December 16, 2022 2 mins read

Will XRP Flip BNB To Regain 5th Position in Crypto Rankings?

Crypto enthusiasts wondering whether XRP will flip BNB to regain 5th position in the crypto rankings. Moreover, XRP shows constant growth throughout the stormy market in Q2 2022, besides the ongoing Ripple vs. SEC lawsuit. To note, XRP sustained within the top 10 in the crypto market. Recently, $18 million

December 16, 2022 2 mins read

Class Action Lawsuit Filed Against Silvergate Bank Over FTX Fiasco

In the Southern District Court of California, clients of insolvent cryptocurrency firms FTX and Alameda Research have filed a class action complaint against Silvergate Bank, Silvergate Capital Corporation, and Silvergate CEO Alan Lane. The lawsuit accuses Silvergate of playing a part in the collapse of FTX. By routing customer contributions

December 16, 2022 2 mins read

Former U.S President Donald Trump Launches NFT Collection

Donald Trump, the 45th President of the United States, has released an NFT collection. Trump’s Truth Social account was the first place anybody saw his so-called Donald Trump Digital Trading Card collection. Trump claims that the cards may be purchased for just $99 apiece. And the official website also has

December 16, 2022 1 min read

Microsoft Forbids Cloud-Crypto Mining!

Ever since the concept of cloud based crypto mining came to the limelight, the emotions of crypto mining catapulted, and absolutely evolved to a new level. True to the fact, all the drawbacks upon crypto mining have always been a great threat to ban it.  In addition, many countries have

December 15, 2022 2 mins read

MetaMask Collaborates With PayPal To Offer In-app ETH Purchase

To streamline the cryptocurrency purchasing process, PayPal is collaborating with the cryptocurrency wallet MetaMask. According to the joint statement, both organizations are looking at providing consumers with a variety of methods for moving their digital assets across platforms. A joint press statement was issued today by the two firms, announcing

December 15, 2022 2 mins read

Crypto Market Plummets Post 0.50 Basis Points Interest Hike by Fed

The Federal Reserve authorized a lesser interest-rate boost than previous ones this year but indicated intentions to keep increasing rates next year to battle excessive inflation, sending the price of cryptocurrencies down along with U.S. markets. Inflation in the United States is at a 40-year high, therefore the Federal Reserve

December 15, 2022 2 mins read