Sat, October 11

Bitcoin Mining Firm Iris Energy Receives $103M Default Notice

Bitcoin (BTC) miner Iris Energy reports it has received a default notice from mining equipment maker Bitmain Technologies, according to a new filing with the United States Securities and Exchange Commission (SEC) on Monday. The notification said that some principal payments due on November 8 were not subject to “good

November 8, 2022 1 min read

Bitcoin Worth $3.15B Transferred to Exchanges in Last 24 Hours

Volatility has returned to the crypto markets. Coinglass reports that in the last 24 hours, $3.15 billion worth of Bitcoin (BTC) has been sent to exchanges, that is 152,000 Bitcoins. Now, it’s typically not a positive indicator when cryptocurrency is transferred from wallets to exchanges. This opens the door for

November 7, 2022 1 min read

Elon Musk Affirms Twitter Verifications Were Sold Previously

Musk said that anybody could purchase one of these badges from a third party. One user claimed Twitter staff were selling verification for $15,000 and above. Elon Musk’s recent tweets have exposed a scam employing Twitter verification badges. Verification badges on Twitter are a sign of respect and admiration. Through

November 6, 2022 2 mins read

Twitter Co-founder Jack Dorsey Shares Note Amid Mass Lay-off

Reports of the widespread layoffs emerged on Twitter’s website, along with photos. Jack expressed appreciation for everyone who had a hand in making Twitter so far. Many of the laid-off Twitter workers began tweeting about their experiences and feelings after Elon Musk said the layoffs were necessary to reduce operational

November 6, 2022 2 mins read

U.S SEC Reveals $295M Bitcoin Ponzi Scheme Fraud

Investors in Trade Coin Club were promised “minimum returns of 0.35% daily.” Tetreault has settled the SEC’s claims against him, the statement said. The U.S. Securities and Exchange Commission (SEC) announced charges against four individuals for their alleged roles in a “fraudulent crypto Ponzi scheme” that defrauded investors out of

November 5, 2022 2 mins read

Goldman Sachs Working on Crypto Database For Institutional Clients

MSCI and Coin Metrics are working together on the Datonomy project. Market players will be able to get a sense of the state of the various crypto sectors. Goldman Sachs, a heavyweight on Wall Street, is planning to release an online resource that explains and classifies cryptocurrency for its institutional

November 4, 2022 2 mins read

Bitcoin Breakdown $20K Price Range, Will it Continue to Dive?

Bitcoin (BTC) traded at $20,338.84 with an increase of 8% in 14 days. Presently, BTC has a market cap of $395 billion. As a result of the market crash, several industries like Terra, Three Arrows Capital, and Celsius Network, have collapsed. Also, the most prominent cryptocurrency Bitcoin (BTC) value has

November 4, 2022 2 mins read

JPMorgan Hints Prolonged Crypto Winter Amid Decline in VC Funds

The third quarter of this year saw a record low of $4.4 billion in venture capital financing. Coinbase said that it does not anticipate a rapid recovery in the cryptocurrency market. Although the total value of the cryptocurrency market has risen to over $1 trillion in recent weeks, JPMorgan has

November 4, 2022 2 mins read

Fidelity Investments Announces Commission-free Crypto Trading

One of the top brokerages in the world has launched a revolutionary new product for trading cryptocurrencies. For retail customers, Fidelity Investments is introducing commission-free cryptocurrency trading. This trading firm has over $9.9 trillion in assets under management and has now revealed a waitlist for its new crypto service. The

November 3, 2022 1 min read

Union Bank of Philippines Launches Pilot BTC and ETH Trading

The bank issued its own stablecoin in 2019. The Union Bank of the Philippines has started a trial operation. One of the Philippines’ biggest banks has introduced crypto investing services. The Union Bank of the Philippines now allows its clients to trade cryptocurrencies, starting with Bitcoin and Ethereum. In addition

November 3, 2022 1 min read
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