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Kraken Enters The Formula 1 Crypto Sponsorship Arena With Williams Racing Deal
Crypto

Kraken Enters The Formula 1 Crypto Sponsorship Arena With Williams Racing Deal

According to the report, the American crypto exchange Kraken has secured a major sponsorship deal with the Williams Racing F1 team, marking the first crypto company to ink a new deal in Formula 1 racing this year. The announcement comes amid a resurgence of crypto advertising in sports, despite last year’s high-profile meltdowns. The deal […]

Mar. 29, 2023
General Bytes Reimburses Customers After Bitcoin ATM Hack
Bitcoin

General Bytes Reimburses Customers After Bitcoin ATM Hack

General Bytes, a maker of Bitcoin ATMs, has announced that it will compensate its cloud-based clients who lost money in a security breach that compromised their hot wallets. On March 17 and 18, a cybercriminal successfully breached security protocols, acquiring confidential data such as passwords, private keys, and funds from hot wallets by remotely infiltrating […]

Mar. 28, 2023
The Vanishing Liquidity Threat In The Bitcoin Realm
Bitcoin

The Vanishing Liquidity Threat In The Bitcoin Realm

Bitcoin has unexpectedly gained momentum during the banking crisis. Still, investors seeking to increase their investments face the challenge of low liquidity, causing a potential for volatile price swings. Since March 10th, when Silicon Valley Bank’s (SVB) failure sent shockwaves through mainstream markets, the leading cryptocurrency’s price has soared by 40%, reaching around $27,700. However, […]

Mar. 28, 2023
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How Long Can Ethereum Continue Its Bearish Trend?

How Long Can Ethereum Continue Its Bearish Trend?

Ethereum is the most popular altcoin and is much better than other cryptocurrencies for many investors and enthusiasts. The value of Ethereum’s native token, Ether (ETH), has increased since its 2015 inception. Ethereum surged from $0.311 when it launched

Nov. 10, 2022
Coinbase Review 2023

Coinbase Review 2023

Coinbase is one of the world’s largest cryptocurrency exchanges, where you can buy, sell, trade, store, and stake crypto. Based in the US – San Francisco, Coinbase has been in working since 2012 and it has become one of the earliest adopters and

Nov. 28, 2022

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Kraken Enters The Formula 1 Crypto Sponsorship Arena With Williams Racing Deal
News

Kraken Enters The Formula 1 Crypto Sponsorship Arena With Williams Racing Deal

According to the report, the American crypto exchange Kraken has secured a major sponsorship deal with the Williams Racing F1 team, marking the first crypto company to ink a new deal in Formula 1 racing this year. The announcement comes amid a resurgence of crypto advertising in sports, despite last year’s high-profile meltdowns. The deal […]

Mar. 29, 2023
General Bytes Reimburses Customers After Bitcoin ATM Hack
News

General Bytes Reimburses Customers After Bitcoin ATM Hack

General Bytes, a maker of Bitcoin ATMs, has announced that it will compensate its cloud-based clients who lost money in a security breach that compromised their hot wallets. On March 17 and 18, a cybercriminal successfully breached security protocols, acquiring confidential data such as passwords, private keys, and funds from hot wallets by remotely infiltrating […]

Mar. 28, 2023
The Vanishing Liquidity Threat In The Bitcoin Realm
News

The Vanishing Liquidity Threat In The Bitcoin Realm

Bitcoin has unexpectedly gained momentum during the banking crisis. Still, investors seeking to increase their investments face the challenge of low liquidity, causing a potential for volatile price swings. Since March 10th, when Silicon Valley Bank’s (SVB) failure sent shockwaves through mainstream markets, the leading cryptocurrency’s price has soared by 40%, reaching around $27,700. However, […]

Mar. 28, 2023
US Government Owns More Bitcoin Than Tesla & MicroStrategy Combined
News

US Government Owns More Bitcoin Than Tesla & MicroStrategy Combined

The United States government holds more Bitcoins (BTC) than Tesla and MicroStrategy, the world’s largest Bitcoin holders. As of March 27, Dune data shows that the US government has more than 205,000 BTC. This amount represents more than 1% of the current circulating supply. Additionally, the holding is estimated at $5,734,743,113 currently. Trackers disclosed that […]

Mar. 28, 2023
Report: Chinese Banks Show Interest In Hong Kong Crypto Companies
News

Report: Chinese Banks Show Interest In Hong Kong Crypto Companies

Despite the ban on cryptocurrency in mainland China, multiple Chinese banks are endeavoring to broaden their range of services to include crypto companies that are operating in Hong Kong. Chinese state-owned banks have surprisingly come out as regional supporters of cryptocurrency companies that are set up in Hong Kong for the upcoming introduction of a […]

Mar. 28, 2023
Titanium Blockchain Founder Jailed For Fraudulent $21M ICO
News

Titanium Blockchain Founder Jailed For Fraudulent $21M ICO

U.S. Department of Justice (DOJ) has sentenced Michael Stollery, CEO of Titanium Blockchain, to four years in prison, terminating the 2018 initial coin offering (ICO) debacle that defrauded investors of $21 million. Stollery, the founder of Titanium Blockchain Infrastructure Services (TBIS), played a significant role in a fraudulent crypto scheme that unfolded between late 2017 […]

Mar. 28, 2023
First Citizens To Acquire Failed Silicon Valley Bank Deposits And Loans
News

First Citizens To Acquire Failed Silicon Valley Bank Deposits And Loans

The North Carolina-based First Citizens Bank & Trust Co will buy failed Silicon Valley Bank’s (SVB) loans and deposits. On Sunday, the U.S. Federal Deposit Insurance Corporation (FDIC) disclosed the agreement just over two weeks after the collapse of Silicon Valley Bank, a California lender. SVB’s collapse earlier this month fueled fears about the stability […]

Mar. 28, 2023
Binance Unveils Its New Blockchain Regional Hub In Georgia
News

Binance Unveils Its New Blockchain Regional Hub In Georgia

Binance announced the opening of its brand-new blockchain hub in Georgia, as part of its strategy to expand globally, according to a March 27th blog post. The exchange aims to promote crypto adoption by creating more job opportunities and attracting talent to the Georgian blockchain sector. Additionally, they seek to promote industry education. The “Web3 […]

Mar. 28, 2023
A Complete Beginner’s Guide To Litecoin (LTC)
Guides

A Complete Beginner’s Guide To Litecoin (LTC)

In 2009, Bitcoin (BTC) was launched. It was designed to act as a means of payment independent of the control of groups, individuals, or entities. However, it eliminated the need for third parties to engage in currency transactions. Realizing that the flow of Bitcoin transactions would become a severe obstacle to Bitcoin’s scalability, Charlie launched […]

Mar. 27, 2023