India’s Reserve Bank Advocates for a Total Prohibition of Cryptocurrencies

Dec 24 2022 @ 09:44
Indian Central Bank contemns the continual adoption of private digital currencies due to its volatile tendency on a global scale Considering the recent appalling events that hit FTX, the Reserve Bank of India, through its head, Shaktikanta Das is pushing for an end to the use of cryptocurrencies. His argument stems from the fact that […]

‘It Is Not Your Crypto if You Don’t Have Your Access Code'

Dec 21 2022 @ 15:56
The preceding statement is supported by the recent turbulence that rages across the crypto industry, affecting major exchange platforms. A very good example of a platform affected by the crisis is FTX. But what exactly is meant by the statement? The answer to this question, as well as the advantages of keeping a private key […]

Best Crypto Cold Storage Wallets

Dec 19 2022 @ 16:41
Secure storages for crypto undertakings are very important; therefore, in this article, we will be recommending and reviewing some of the top-rated and very useful cold storage wallets. This information should assist you in finding a cold wallet that is well-suited for you. But before unveiling the top crypto storage wallet, let us discuss the […]

What is Solana (SOL)?

Dec 19 2022 @ 05:08
The blockchain concise is about Solana, this Blockchain is energy efficient, low cost, and fast. This blockchain as well powers dApps globally.  SOL Defined This is a blockchain platform that uses proof of history tech to increase speed without jeopardizing security. Solana blockchain has become the fastest blockchain there is, through the help of its […]

Mining of Crypto on Microsoft Cloud Platform Now to Be by Approval

Dec 16 2022 @ 17:57
QUICK TAKE Microsoft ends its free online crypto mining services Sets new rule that posits that mining must be only by approval   Microsoft, a US tech conglomerate, will no longer allow cryptocurrency miners to operate freely on its Azure platform. This is the outcome of a new policy that indicates that moving forward, any […]

FTX Digital Markets Chief Implicates SBF, Others in Unwholesome Investors’ Funds Transfers

Dec 15 2022 @ 17:18
  Quick Take A key FTX official communicated with the Bahamas SC boss about the ongoing illegalities before the firm’s collapse. SBF and two others made moves that contravened governance rules.   The gamut of woes rocking the once-blossoming FTX continues as more revelations pour in. In a November 2022 disclosure by Ryan Salame, the […]

Binance Experiences Massive Withdrawals as Customers Are Disturbed by the Reserve Report

Dec 13 2022 @ 12:03
Within the last 24 hours, customers have made withdrawals of close to a billion dollars from the platform as they become concerned about the proof of its financial reserve report. According to the information gathered by a blockchain intelligence platform, Nansen, $902 million has left the platform in the past 24 hours. This is a […]

Binance Coin (BNB) Slips Into the Sell Zone

Dec 12 2022 @ 12:29
After taking a strong base from the $253 support level, the bull market progressed aggressively, smashing through the $280 price level. But, BNB coin was losing its momentum as it approached the $320 resistance level. It finally hit a brick wall on November 26 at $316.5. At this point, the bullish market succumbs to the […]

Europe’s Tax Regulation is to Turn Its Searchlight on the Crypto Markets

Dec 09 2022 @ 09:43
Quick Take A new tax law will require maximum cooperation from Cryptocurrency providers. The decentralized nature of virtual currencies hampers the work of tax authorities. The European Union (EU), the supranational organization of Europe, will require cryptocurrency trading enterprises to abide by tax regulations to reduce the crime of tax evasion. The EU is implementing […]

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 […]
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