The pain continued in the crypto market as the ongoing collapse of billionaire Sam Bankman-Fried’s FTX exchange rocked the industry – with no relief in sight. Bitcoin hits tow-year low below $16k FTX holds deposits for many of the biggest investors in the crypto industry. This has resulted in some FTX customers being unable to […]
Due to the most recent economic turmoil, the global crypto market is currently experiencing a major decline, with market cap losses of up to 12%. While Bitcoin, the biggest cryptocurrency by market size, also saw a major loss today after dropping dramatically off its critical RSI. The bank run at Terra Luna and subsequent collapse […]
Google’s cloud computing subsidiary Google Cloud announced On Saturday that it has started running a validator for the Solana Blockchain and plans to start developing new features for attracting potential clients who use this technology. Google Cloud has announced via Twitter that they will provide their Blockchain Node Engine to the Solana chain while running a Validator […]
According to Binance Europe executive vice president Martin Bruncko, smaller crypto exchanges and startups can benefit from the European Union’s Market for Crypto-assets (MiCA) regulation. In a tweet on October 10, ECON member Stefan Berger confirmed that the committee had adopted the MiCA crypto policy, which results from negotiations between the Council of the EU, […]
James Zhong pleaded guilty to illegally obtaining 50,000 Bitcoins via the Silk Road Dark Web in 2012 and has been sentenced to prison for 20 years.
Solana is a public, open-source blockchain with smart contract functionality. Its rapid growth has helped it compete with other major blockchains, including Cardano and Ethereum. Since its launch in 2017, Solana has become one of the largest cryptocurrencies in the world and is known for its efficiency and speed. Blockchain experienced ten partial or complete […]
Investing in cryptocurrency like Bitcoin has become extremely popular among investors over the past few years. The crypto market, in general, has been steadily growing. It is projected to hit $1 trillion by the end of 2018. This has made it incredibly easy to begin investing in Bitcoin and other cryptocurrencies like Ethereum or Litecoin […]
Crypto research firm, Chainalysis named October 2022 as the biggest month of the year for hacking activity so far. Because a total of $718 million was hacked from the decentralized financial protocol in 11 hacks in just 11 days of the month. Four of those occurred on October 11, costing $122 million. Hackers stole $1.89 […]
The Securities and Exchange Commission (SEC) accused reality TV star Kim Kardashian of not disclosing a $250,000 payment received for promoting the EthereumMax digital token on her Instagram post. He also provided a link to the EthereumMax website on the post that directed potential buyers to purchase EMAX crypto tokens. In violating the anti-touting provision […]