Cryptocurrencies

ByBit and Swyftx Succumb to the Crypto Crisis 

Dec 06 2022 @ 23:35
ByBit and Swyftx announces their intention to reduce their workforce as they could no longer cope with the crisis of the crypto winter. ByBit is a high-ranking crypto exchange platform based in Dubai. part of the measures that they considered to be taken to keep their business floating is the reduction of their workforce. In […]
 

Factors That Determine the Profitability of Bitcoin Mining

Dec 05 2022 @ 17:48
The profitability of a Bitcoin mining venture is determined by some factors. The most important factor of them all is the very price of Bitcoin. When the price of Bitcoin is high, mining becomes easier than when the price is low. This is because of the high cost involved in mining new blocks. A comfortable […]
 

Former FTX boss promises an indefinite date for his Congressional appearance

Dec 05 2022 @ 12:44
 QUICK TAKE House Financial Services Committee invites SBF to a Dec 13 hearing on his failed exchange The invitation provides SBF with an opportunity to clarify issues and boost investors’ confidence pledges a congressional appearance on a yet-to-be-determined date Sam Bankman-Fried (SBF), who is in hot water, has the chance to address a variety of […]
 

FTX Disaster, What went Wrong?

Dec 01 2022 @ 18:30
More than 2 billion dollars was lost in the FTX disaster due to problems relating to a lack of liquidity on the platform. Within 3 days, about 80% of the value of the FTT token was lost. FTX was once seen as a survivor and a champion in the struggling market. What went wrong with […]
 

Breaking News: Tiantian Kullander, the Co-founder of Amber Group Dies at 30

Nov 29 2022 @ 06:40
The crypto industry has lost another genius – Tiantian Kullander and this is the second of such, after the incident of the death of Nikolas Muchegian who died in late October. Tiantian is an influential young man who co-founded a Hong Kong-based cryptocurrency company which is known as the Amber group. He passed away in […]
 

Dutch Detectives Nab Man Over Suspicious Bitcoin Transactions

Nov 23 2022 @ 07:45
Dutch government anti-fraud organization places its searchlight on a man for probable money laundering charges through the use of a Bitcoin ATM A man in his early forties will spend some time in the care of security personnel and give them helpful information regarding where he received the money he utilized in some recent transactions. […]
 

The Founder of Cheelee and NUTson Launches a $200 Million Support Fund for the Crypto Industry

Nov 22 2022 @ 18:35
The creator of a Web3 Social video platform, which is known as Cheelee and a Web2 mobile App program known as NUTson has announced the establishment of a $200 million support fund aimed at supporting the crypto industry in turbulent financial times. The Founder of Cheelee and NUTson, Roman Alekseev, in a statement that he […]
 

XRP Bears Form Concrete Resistance $0.400 Price Level

Nov 21 2022 @ 17:19
In October, the XRP market consolidated below the 20-day moving average. This was after the bull market faced rejection at the $0.50 price level. The buyers attempted to recapture the $0.5 level, but they were rejected again. This time around, the bearish run brought the price to $0.329. The support was formed from this point […]
 

Two Big Ukrainian Information Technology Companies Accept Bitcoin as a Means of Payment

Nov 15 2022 @ 16:07
More and more technology institutes and businesses around the world are accepting cryptocurrency as means of payment or settlement of debts. Among the notable businesses and tech companies that recently accept cryptocurrency as means of settling debt include two Ukrainian tech giants: Techno Izhak and Stylus. These companies have retail outlets that allow customers to […]
 

Get Familiar With the 6 Essential Parts of Ethereum

Nov 14 2022 @ 12:16
As a blockchain-based computing platform, that gives developers the freedom to run their decentralized programs on it, Ethereum has dramatically revolutionalized the crypto industry. Ethereum ranks second, after Bitcoin, and it is more than just cryptocurrency because it has other services that it offers. Let us consider the essential parts of the network. What is […]
 
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