The saga of the FTX exchange, its sister company Alameda Research, and its former CEO Sam Bankman-Fried continues to follow the bankruptcy process. So far, so many discovery, the request was deniedand sale of assets by these parties. The latest…
According to a recent bankruptcy filing, defunct crypto lender BlockFi has $227 million in uninsured funds allocated to a money market mutual fund (MMMF) offered by Silicon Valley Bank (SVB). SVB – one of the largest banks in the US…
many cryptocurrencies including Bitcoin are traded in deep losses today. At the time of writing, some of the top coins include XRP, MATIC, and BNB, all down more than 5% in 24 hours. While BTC recorded a loss of 7.88%…
On-chain data shows Bitcoin prices are now making a retest of realized prices, could they help push the value of the asset up and restart the rally? Bitcoin Is Now Retesting Realization Price Around $19,700 As analysts in the CryptoQuant…
Crypto enthusiasts and users are aware of the risks involved in investing in digital assets. Besides losing funds due to price crashes, investors can lose money through fraud, pump-and-dump schemes, exchange and protocol hacks, Ponzi schemeetc. Recently, many Latino investors…
The United States Securities and Exchange Commission (SEC) ordered a rule change to allow the investment manager VanEck to create a spot Bitcoin Trust on March 10. Commissioner Mark Uyeda joined his colleague Hester Peirce to release a statement criticizing…
Regardless of the condition of the crypto market, regulators are still leaving their mark on the industry using their power. On March 8, the Securities and Exchange Commission of Thailand (SEC) issued an announcement targeting crypto staking and lending services…
Kristi Noem, the governor of South Dakota, has used her authority to veto legislation aimed at changing the definition of money to exclude cryptocurrencies. In a March 9 notice to South Dakota house speaker Hugh Bartels, Noem said he has…
At Twitter announcement, Hedera confirmed the exploit on the mainnet, resulting in the loss of liquidity tokens. However, the company notes that the exploit does not affect the consensus layer. Network exploitation is one of the challenges in many crypto…
The development of blockchain technology and the growing adoption of nonfungible tokens (NFTs) are two factors that have contributed to the proliferation of play-to-earn collectible games. Play-to-earn (P2E) games allow players to gain benefits by participating in the game, such…