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

Fed’s Interest Rate Hike Affects Cryptocurrencies and Stocks

On Wednesday, The US Federal Reserve increased the interest rate consecutively for the fourth time by 75 basis points, making it 4% from 3.75% to combat inflation. This hawkish monetary policy of the Fed has impacted not only the stocks but also the prices of cryptocurrencies like Bitcoin, Ether, etc., to some extent. The value… Continue reading Fed’s Interest Rate Hike Affects Cryptocurrencies and Stocks

Crypto Exchange Deribit Paused Withdrawals After Losing $28Million in a Hot Wallet Hack

After losing a whopping amount worth $28Million to a hot wallet hack last night, the crypto exchange Deribit temporarily paused all the withdrawals to respond to the attack. As per the company’s claim on Twitter, the clients’ assets and funds are safe & unaffected as company reserves covered the loss. The company further explained that… Continue reading Crypto Exchange Deribit Paused Withdrawals After Losing $28Million in a Hot Wallet Hack

Link In Bio For NFT Creators and HOLDERS

At ChainState, I’m planning to launch multiple tools for cryptocurrency and NFT enthusiasts. However, I’m planning to launch a Link In Bio for NFT creators and holders. But I’m confused if there’s a need for it? I’m also not sure if I should be writing this before actually making the tool live. But, I would… Continue reading Link In Bio For NFT Creators and HOLDERS

Bitcoin Price Prediction: What to Expect in the Coming 10 Years

Bitcoin, the first and foremost cryptocurrency, has seen a meteoric rise in popularity in recent years. In this article, we take a look at how we think the Bitcoin price will be by 2025, 2030, 2035, 2040. What is Bitcoin? Bitcoin is a cryptocurrency and a payment system invented by an anonymous person or group… Continue reading Bitcoin Price Prediction: What to Expect in the Coming 10 Years