Wed, September 16

Brazil’s BTC & Crypto Users Soars Above 1.5M!

Though not a fully developed economical country, with the current progress with its crypto ecosystem, Brazil is all set to soar high in the coming years. Yes, true to the fact the Brazilian Tax Authority known as the Receita Federal do Brasil (RFB) reveals the status of the country’s crypto,

November 8, 2022 2 mins read

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

G2 Honors Crypto Newswire Service Chainwire With Nine Excellency Badges

G2, a software marketplace, has awarded nine badges to Chainwire, a crypto press release distribution service. Based on the feedback from actual users included in its quarterly review form, the badges were assigned in G2’s Fall 2022 report. High Performer, Most Likely to Be Recommended by Users, and Highest User

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

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

Instagram Influencer Jay Manzini Pleads Guilty in $8M BTC Fraud

Igbara informed his followers that he planned to purchase a substantial quantity of bitcoin. He made off with major cryptocurrencies to the tune of $2.5 million from the duped victims. After being charged with money laundering, wire fraud, and wire fraud conspiracy, Instagram star Jebara Igbara, aka “Jay Manzini,” entered

November 5, 2022 1 min 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

DappRadar Report Indicates the Recovery of the Crypto Market

Unique Active Wallets in DeFi increased by 7% (504K) from September. NFT trading volume reached $662 million, down 30% from September. The world’s largest marketplace for decentralized applications, DappRadar, revealed in its most recent report that the cryptocurrency market is growing and recovering with a market valuation of more than

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