After the arrest and bail denial of Sam Bankman Fried- the former CEO of collapsed Crypto exchange FTX, the future of the crypto market is in debate. The entire money laundering and securities fraud due to this FTX collapse have led to over $8 billion in losses. However, analysts believe that despite this FTX collapse,… Continue reading Will the Cryptocurrency Market be Able to Survive after the FTX Collapse?
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Bank of England invites “Proof of Concept” applications for digital currency CBDC
The UK’s central bank, the Bank of England, is inviting “Proof of Concept” applications for creating a sample digital wallet to hold CBDC (Central Bank Digital Currency) starting from Dec 23, 2022. As per the Bloomberg report, the BoE plans to launch a consultation for the CBDC case in the upcoming weeks. Along with that,… Continue reading Bank of England invites “Proof of Concept” applications for digital currency CBDC
The presale of the revolutionary Green Crypto goes live!
If you’re a crypto enthusiast or an investor looking for the next big thing in the world of digital currencies, then you won’t want to miss out on the opportunity to get in on the ground floor of IMPT, the newest and most exciting green crypto to hit the market. IMPT, or the “Impact Token,”… Continue reading The presale of the revolutionary Green Crypto goes live!
Bank of Russia Demands Ban on Miners from Selling Cryptocurrencies under New Mining Conditions
The Bank of Russia is theoretically supporting the country’s decision to legalize cryptocurrency usage but only with the condition of banning local miners from selling cryptocurrencies to the local public. As per the latest bill proposed by the Russian Central bank, the cryptocurrencies generated through mining should only be exclusively traded to non-residents through foreign… Continue reading Bank of Russia Demands Ban on Miners from Selling Cryptocurrencies under New Mining Conditions
Crypto firm Galaxy Digital set to acquire GK8 platform from Celsius Network
Amidst all the shocking news that is coming out of the crypto world, some acquisitions and mergers are also taking place. This might be seen as a good sign which tells that not all is over. Several firms in the crypto industry are managing to do well despite all the chaos that the industry is… Continue reading Crypto firm Galaxy Digital set to acquire GK8 platform from Celsius Network
All withdrawals on Binance paused after a possible Ankr hack
The world of crypto has been receiving one bad news after another. The shocking debacle of the exchange FTX and its aftermath with BlockFi is still ongoing while another shocking news has come from Binance CEO Changpeng Zhao. Binance is a major crypto exchange that handles a lot of high-value transactions. And now, on suspicion… Continue reading All withdrawals on Binance paused after a possible Ankr hack
Stripe launches Fiat-to-Crypto offering for Web3 businesses
Whether you like crypto or not, one thing you can’t do in the 21st century is ignore crypto. Cryptocurrency become such a big thing in the financial landscape of our economies. And with the latest technologies like Web3 coming into play, crypto is likely to gain more and more prominence. In the latest development around… Continue reading Stripe launches Fiat-to-Crypto offering for Web3 businesses
Brazil Passes the Bill to Legalize Crypto as a Payment Method
Instead of designating Bitcoin as a legal tender, Brazil’s official authorities have legalized cryptocurrency as a payment method countrywide for progressive growth. The bill has been stuck in the Chamber of Duties since April after the Senate’s approval has now passed on Tuesday to make cryptocurrency legal in the country’s use. This step is indeed… Continue reading Brazil Passes the Bill to Legalize Crypto as a Payment Method
Crypto Lender BlockFi files for bankruptcy post FTX collapse
Are you a crypto enthusiast? Well, then this news might jolt you out of your crypto dreams. Apart from the usual volatility, the crypto landscape is for the first time witnessing the failures of massive names in the crypto world. The dramatically shocking collapse of FTX has severely impacted the industry. And the aftereffects are… Continue reading Crypto Lender BlockFi files for bankruptcy post FTX collapse
New York Bans Crypto Mining
Crypto has become the talk of the town in the 21st century. And with this came widespread mining of crypto by individuals and companies. Everything seemed to be going well until now. However, in breaking news, New York has officially banned the mining of crypto, do you want to know why? Read on. The big… Continue reading New York Bans Crypto Mining