Fri, December 27

Cardano Founder Claims ADA More Decentralized Than Other Crypto

Charles Hoskinson, the founder of Cardano, thinks the decentralization of the project will serve as a “wake-up call” for the sector. Hoskinson recently shared an update with the community. During which he claimed that ADA is “substantially more decentralized” than any other cryptocurrency. Furthermore, the executive emphasized that the Cardano

May 27, 2023 1 min read

IMF Urges Federal Reserve to Hike Interest Rate To Curb Inflation

In order to bring inflation under control, the International Monetary Fund (IMF) advises the Federal Reserve of the United States to maintain hiking interest rates for a longer length of time. The IMF also recommended that the Biden administration use stricter fiscal policies to bring down the national debt. Under

May 27, 2023 2 mins read

Bitcoin Secures Second-Largest NFT Blockchain Rank Amid Ordinals Craze

Since Counterparty’s Rare Pepes and operation code Easter eggs, the newest iteration of NFTs on Bitcoin, Ordinals, has sprung onto the scene. Bitcoin is now the world’s second most popular blockchain for NFTs, behind Ethereum which is still the most popular blockchain overall. Ethereum has handled $390 million in on-chain

May 27, 2023 1 min read

Robert Kiyosaki Advices To Invest in Bitcoin Amid U.S Debt Chaos

In light of the ongoing negotiations to raise the debt limit before the June 1, 2023 deadline, Rich Dad Poor Dad author Robert Kiyosaki has renewed his advice to invest in gold and Bitcoin. While investing in conventional assets in the financial sector is dangerous due to tighter market circumstances,

May 25, 2023 1 min read

Montenegro Court Cancels Bail of Do Kwon Post Prosecutors Appeal

The bail of crypto entrepreneur Do Kwon and his colleague Han Chang-Joon was recently revoked by the Montenegro High Court, according to recent sources. The judgement was reached when the local prosecution team challenged the bail, claiming the accused were going to leave Montenegro for another nation. Prosecutor Haris Sabotic

May 24, 2023 1 min read

Croatian Crypto Investment Firm Bitlucky Shuts Down Post $75M Loss

Bitlucky, a Croatian cryptocurrency investment business, has reportedly collapsed and lost $75 million in customer money. Thus, prompting authorities to launch an inquiry. Croatian media sites claimed earlier this week that the company’s director, Luka Burazer, emailed the company’s 700 or so customers to explain a slew of mistakes. Bitcoin

May 24, 2023 1 min read

Ethereum Co-founder Vitalik Buterin Praises Solana Blockchain

Vitalik Buterin, the co-founder of Ethereum (ETH), recently addressed a conference gathering and referred to Solana as the most scalable blockchain. This remark has caused a stir in the community since it seems to suggest that Buterin agrees that Solana is more scalable than Ethereum. The token used by the

May 24, 2023 1 min read

Debt Limit Negotiations Resume as U.S Default Risk Increases

Debt limit negotiations, which were fruitless on Monday, will be resumed on Tuesday between President Joe Biden and leading Republican Kevin McCarthy. The Treasury Department is taking measures to avert an unprecedented default, such as probing government agencies about the flexibility of impending payments, as the likelihood of the United

May 23, 2023 2 mins read

South Korean Authorities Propose Crypto Holdings Disclosure by Officials

The People’s Power Party (PPP), the governing party in South Korea, has proposed a new bill urging lawmakers and other high-level government officials to implement crypto legislation and regulations as soon as possible. This request was made on Tuesday, May 23. PP House Leader Yun Jae-ok addressed the press with

May 23, 2023 1 min read

Hong Kong Enables Retail Investors to Trade Top Cryptocurrencies

According to those in the know, Hong Kong will soon let individual investors trade Bitcoin (BTC), Ethereum (ETH), and other top cryptocurrencies after successfully luring crypto luminaries to set up organizations and exchanges there. Hong Kong is taking advantage of the current climate by expanding its position as a worldwide

May 23, 2023 1 min read
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