According to unaltered financial data that was accidentally posted on Tuesday, insolvent crypto lender BlockFi is connected to SBF’s FTX and Alameda Research to the tune of around $1.2 billion. Moreover, according to CNBC, the January 14 confidential financial data shows that BlockFi filings comprise a loan to Alameda of
A representative for Gemini, a cryptocurrency exchange, confirmed on Monday that the company will be laying off 10% of its workforce. Gemini, which was co-founded by the Winklevoss twins, is subject to New York banking regulations. And has had to make at least three rounds of layoffs in less than
Coinbase will soon add three new tokens to the listing roadmap for their cryptocurrency exchange. The exchange’s main intent of serving as a bridge to Web3 has been accompanied by this announcement. Three further altcoins have been added to the crypto exchange’s catalog of tradable items. The recently introduced cryptocurrencies
The layer 1 network of blockchain Quai Network ($QUAI) alarmed crypto enthusiasts by intending to utilize multiple blockchains operating in parallel and secured by merged mining to achieve over “50,000 Transactions per second (TPS).” The network uses Proof-of-Work (PoW) 2.0 and sharding technology to achieve high throughput. The Quai Network
Stellar Development Foundation, a non-profit, has stated that it would be participating in a new advisory group established by the United States Commodity Futures Trading Commission (CFTC). As stated in the company’s release, SDF will be representing the cryptocurrency industry. As one of four representatives at the CFTC’s Global Markets
Despite the untested bullish rally, some cryptocurrencies have surprisingly recorded and set their new all-time highs (ATH) at the start of 2023. Significantly, Aptos (APT) and Optimism (OP) are the cryptos that have contributed their new records to the market’s positive sentiment. According to Coingecko, on January 22, APT set
Surprisingly, the blockchain showed a transaction from Justin Sun’s Tron DAO. A Tron DAO wallet sent $180M to the Binance exchange a few hours ago. Given the timeframe, the market impact might occur soon. Users have speculated about the possibility of forthcoming purchasing activity on the market despite the fact
In NEXO (NEXO) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about NEXO to analyze the future movement of the cryptocurrency. NEXO (NEXO) Current Market Status Current Price $0.845281 24 – hour trading volume $9,404,790 24 – hour price change 1.6% up Circulating supply 560,000,010
In the past few days, the cryptocurrency market has seen an uptick in price that has pushed the total market worth beyond $1 trillion. XRP Ledger’s native cryptocurrency, Ripple (XRP), is a public, open-source blockchain. Which was built for the express purpose of making international financial transactions more quickly and
The protocol has started burning ETH at a tremendous pace as part of EIP (Ethereum Improvement Proposal) 1559, which was released in August 2021. To comply with EIP-1559, a little bit of every Ethereum transaction is wiped out. This includes every NFT trade, yield strategy, and even basic token transfer.
