FTX, the crypto exchange run by Sam Bankman Fried, is reportedly conversing with the consumers regarding fundraising of up to $1B while endeavoring to use the additional capital to meet the financial…
Category: Crypto
The Week Started Strong for Crypto, USDC Is on the Losing Team
Monday has been more than good for the whole crypto industry with BTC hitting a three-day high and ETH looking like it is about to start recovering. LUNC gained over 20% thanks…
Animoca Brands Acquires Blockchain Game MotoGP
After receiving millions of dollars as funds from different investing bodies, Animoca Brands is planning to purchase WePlay Media. Animoca Brands, which is the most significant among the developers of digital-assets rights…
Colorado Will Allow Bitcoin Payments for Taxation Purposes
While the whole community is buzzing about the ongoing drafting of different measures against some cryptocurrencies by the US Government, we also have a couple of good news stories that paint a…
Algorand Improves Its TPS by Fivefold After the New Upgrade
ALGO has been making news lately by announcing and implementing a new upgrade that increases the throughput of the network to 6,000 TPS which is 5 times more than it was previously….
Chainalysis Report: Emerging Markets Are at the Top In Terms Of Cryptocurrency Adoption
In developed countries, crypto adoption has decelerated due to the surrounding bear market. While on the other hand, the new markets seem enthusiastic to adopt crypto. A worldwide index has revealed that…
Central Bank Of Norway Plans To Develop CBDC Using Ethereum
The Norwegian central bank has stepped toward endeavors related to digital currency. In this way, the bank intends to introduce the open-source code specified for the CBDC sandbox of the country. The…
Beware of Scammers in the Crypto Industry
The recent research by the company Group-IB specializing in cybersecurity revealed that the number of scammers preying on people who want to invest in crypto had tripled just during the last six…
A Security Researcher Says Ethereum Merge Will Likely Make the Network More Vulnerable to Attacks
The security specialist – while describing the strengths and weaknesses of Proof-at-stake (a consensus mechanism) – in comparison with proof-of-work, stated that even though the PoS is theoretically vulnerable. It provides practical…
Coinbase Makes a Political Move, Allows Users to See Politicians Holding Positions on the Exchange
With so many people involved in the crypto industry, the number of politicians holding market positions is quite high because some have insight knowledge and can have an advantage or be inclined…