The current critical crisis of FTX crypto exchange is creating a significant impact on the whole crypto market. It is becoming the hottest story in the town, affecting large users and the investors. In addition, prices fell dramatically for all the cryptocurrencies. As the situation worsens day by day, the
As the recent talk of the town, FTX crypto exchange is spreading globally, thereby causing a crash for the entire crypto market. In just this week, the crypto market has lost almost 20% of its market cap, which is around $200B. In light of the ongoing crisis, a crypto strategist
Crypto space connects people through digital platforms where the users will always have insecurity for their data and assets. In order to avoid these insecurities and to build high user trust, Proof of Reserve (PoR) is operating. In addition, PoR is very popular to enhance the function of DeFi as
Despite the bear market, crypto adoptions are widely spreading across all areas around the world. In that case, in order to retain and keep its users engaging, FTX – an institutional crypto exchange has brought up an update. It is now accessible for all FTX users to send crypto’s via
Oanda’s partner Paxos tokenizes, trades, and settles assets. A new crypto exchange for institutional investors was also established by former forex traders from Jeffries Financial Group. Oanda, a multi-asset trading company based in New York, has introduced a new cryptocurrency trading service in the country. This most recent improvement, created
As a major existing issue, an anonymous miner is creating “Empty Blocks” on the Bitcoin SV network. So the Bitcoin Association is taking action on this prevailing issue, contacting all crypto exchanges and miners to freeze the empty blocks of the BSV miner. Proceeding, the miner will be under criminal
Singapore has granted cryptocurrency licenses to around 15 applicants. Coinbase recently declared the expansion of its services in Australia with two new features. The most prominent centralized cryptocurrency exchange, Coinbase, announced that it has obtained an “In-Principle Approval (IPA)” which the central bank introduced for cryptocurrency companies last year. With
As the entire market is witnessing a bearish scale at present, some financial giants are initiating challenging tasks in the crypto industry. Witnessing, digital currencies becoming the future, the payment giant – Visa is building a bridge into crypto space. Further the active engagement of the users in crypto made
On August 16 Newton announced that they officially registered with the Ontario Securities Commission(OSC). Many modifications were made to the Newton platform to safeguard investors from hazards. To “protect customers” despite stricter laws, Canadian cryptocurrency exchanges Bitbuy and Newton are implementing a $30,000 (CAD) annual “buy limit” for “restricted coins”
Alexey Pertsev, a developer of Tornado Cash, was arrested by Dutch officials. Tornado Cash DAO reportedly went offline. Ethereum (ETH) network’s “Merge” has been ready for the switch to Proof-of-Stake (PoS), at this time Tornado Cash, a cryptocurrency mixing service built on the Ethereum blockchain has turned into a hot
