The chief executive officer of FTX, Sam Bankman, is being compared to John Morgan. Bankman who has stepped in to save several cryptocurrency companies from collapse due to the current market crash now resembles John Morgan, the man, back in 1907. In June, FTX…
A Cryptocurrency Exchange Firm Suspends All Customer Withdrawals The ongoing crypto disaster has significantly impacted several crypto exchange companies and other projects. One affected firm has been forced to suspend all customer withdrawals from its platform due to the ongoing crypto market crisis. At…
A British Virgin Islands court has ordered that the Three Arrows Capital firm be liquidated. The company, which staked in everything from BTC to the dammed Luna tokens, collapsed to a wipeout estimated at around $2 trillion (£1.6 trillion) of the digital asset market….
The Meaning of Market Correction and Its Occurrence In 2022 Market correction is defined as a brief drop in the performance of the market. When compared to a market crash, it is less severe. Market corrections frequently occur in the crypto world because of…
The popularity of NFTs has drastically risen in the past few months. Although many collectors and investors buy and sell non-fungible tokens daily, buying one for the first time can be challenging. However, collecting art can be a great deal of fun and can…
Are you looking to cash out your gains on cryptocurrency but still want a financial vehicle backed by a real currency? Look no further. Euro Coin — a euro-denominated stablecoin backed by full reserves is here. It’s designed to provide instant and reliable access…
In the real world, whales are the enormous creatures living in the seas. The crypto world is quite similar to our world. Crypto Whales are persons or entities who hoard or own a significant amount of crypto. For instance, a BTC whale is one…
The Crypto markets have crashed to another low this year again. It is reported that the world’s market cap has dropped from $1.10 trillion. The market cap had shrunk to $977 billion. After attaining a global market cap of $3 trillion in November last…
One can understand Blockchains in another way as distinct disseminated databases. Since these Blockchains are separate and distributed, it is difficult for them to communicate. For instance, you can’t use Bitcoin on Ethereum’s Blockchain since Ethereum’s Blockchain can only identify Ethereum. To solve this…
The origin of digital art can be traced back to the 1960s. However, 2020 made its mark in the art industry. The introduction of technology such as CryptoPunks-a form of NFT that has played an essential role in reshaping the customary art-market dynamics. Platforms…
Why is Solana Experiencing Network Congestion Issues? The Solana network, commonly termed the “Ethereum killer” network, has suffered several outages in the recent months. In the early morning hours of Thursday last week, the Solana blockchain network suffered another outage and shut down for…
Experts have warned Europe Central Bank Digital Currency CBDC’s designers that the recent design models being adopted could make privacy difficult to achieve. No formal policy decision has been presented to issue the euro in a digital format; however, significant speculation has fuelled the…
