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Search Results for: bitcoin

Top 3 Coins to Consider by Investors in May 2022

To regain control of the trend, sellers pulled SAND down to its $1.1. Bitcoin has been down 2.41% in the last 24 hours. Let us look at the top 3 coins to consider by investors in May 2022 Bitcoin (BTC) The bitcoin price gained support at $29,000 and began a

May 18, 2022 1 min read

VCs Are Going All-In on Web3, How Will They Change the Industry?

Web3 is the newest layer of the internet that includes blockchain, cryptocurrencies, the metaverse, NFTs, and decentralized applications (dApps). It has recently seen a massive influx of cash from venture capital firms such as early Facebook and Twitter investor Andreessen Horowitz (a16z). But some avid Web3 users worry that too

May 17, 2022 3 mins read

US CRS Reports Improper Regulations on Stablecoins, Amidst UST Crash

The US CRS  puts out a report on the UST crash. Shows regulatory unfulfillment with stablecoins. New fork to be out by Terra LUNA. The downfall of Terra’s UST and LUNA ought to be the hottest topic for the year 2022, so far. Amidst such unimaginable fall, regardless of the

May 17, 2022 2 mins read

Ethereum Co-founder Vitalik Buterin Pens His Heart Out in a Series of Twitter Thread

In a recent sequence of tweets, Ethereum co-founder Vitalik Buterin put bare his inner battles, which he deems “some still open contradictions in my thoughts and my values.” The entire thread commenced with the “contradiction between my” phrase, and it seemed like the Ethereum co-founder was spilling his heart out.

May 17, 2022 2 mins read

9,219 Bank Accounts Frozen by Iran Over Suspicious Crypto Transactions

The Ministry of Finance froze more than 9,219 bank accounts belonging to 545 people. Iranian authorities are also taking action against cryptocurrency mining beyond the law. According to a statement released Saturday, foreign cash and cryptocurrency transactions have been deemed suspicious by Iran’s Ministry of Intelligence. The Ministry of Finance

May 17, 2022 1 min read

FTX Receives $24.5M Worth ETH From An Anonymous Wallet

ETH Miner Revenue dropped to its 9-month low of $1.03M USD on Tuesday.  ETH reached its 90-Day low at $1,748 USD on May 12. Ethereum continues to trade in its red zone in the current $1.31 trillion crypto markets. The traders haven’t calmed down yet. It breached its lowest support

May 17, 2022 1 min read

Banking the Unbanked: What Does It Mean?

Banks are often regarded as a necessary evil. Even though they make billions of dollars every year, they still offer services without which the modern global economy wouldn’t be possible. For most people, owning a bank account is natural and common, making their daily operations possible. Unfortunately, some people don’t

May 16, 2022 3 mins read

Polygon Can Help With Ethereum’s Scaling for How Long?

Ethereum is the most popular blockchain-powered network for building decentralized applications. In essence, Ethereum’s creators have taken the breakthrough technology of Bitcoin to the next level.  However practical, Ethereum is a far cry from being perfect, and that’s why projects such as Polygon came to life. Namely, Ethereum has been

May 16, 2022 3 mins read

44 Countries As Invitees To El Salvador’s BTC Meet

El Salvador is the first country to adopt BTC as a legal tender. Bitcoin laid out the map of ‘Bitcoin City’ on May 10. President Nayib Bukele announced on Twitter that El Salvador is meeting up with 44 countries on Monday. 32 central banks and 12 financial authorities across the

May 16, 2022 2 mins read

LFG Reserve Pool’s $1.2 Billion BTC?

$750 million BTC was used for restoring peg value by lending to OTC trading firms. 28,205 BTC was transferred to an unknown account on Binance Exchange. Luna Foundation Guard, the firm of Terra, has been stacking BTC in reserve for emergency rescue. The ultimate goal of Do Kwon, Co-founder of

May 16, 2022 2 mins read