The recent earthquake that struck Turkey and Syria has brought tears to the eyes of many. The 7.8 magnitude earthquake that hit the region on Monday, has caused immense destruction and loss of life. The tragedy has been felt around the world, and the crypto community has responded with an outpouring of support. In the wake of the disaster, the …
Continue ReadingIn recent years, the world has seen a surge in the development of the digital currency. Several countries have been pushing toward the implementation of digital currency, including China, Japan, the Bahamas, and Sweden. Now, India is set to join the force as the Reserve Bank of India (RBI) is all set to publicize India’s first digital currency across the …
Continue ReadingCryptocurrency pioneer Voyager is on a mission to protect its investors and uncover the truth behind the controversial merger with FTX and Alameda Research. Let us take a deeper dive to learn further about the ongoing dispute. What has happened? Voyager Digital’s legal staff has thrown a bombshell at well-known crypto figures, Sam Bankman-Fried and other FTX & Alameda Research …
Continue ReadingBinance, the world’s largest crypto exchange by trading volume, recently announced its decision to suspend USD transfers due to a lack of support from banks. This news has caused shockwaves throughout the cryptocurrency industry, raising concerns about the stability of digital assets and their long-term future. From tomorrow, February 8th, 2023, the suspension will take effect. Though the suspension may …
Continue ReadingOn this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value surpassing 180. million Yuan ($26.5. …
Continue ReadingThe FTX scandal and its ex-CEO has been making headlines since last year when allegations of fraud arose. The media continues to follow the case and new revelations have once again sparked a flurry of activity on the internet. This time, however, the news is positive; bringing hope amidst a tumultuous period as Sam Bankman-Fried recently reached an accord with …
Continue ReadingIt’s been a remarkable year for Bitcoin (BTC) and the crypto market, with BTC surging more than 40% since January 2023. At the time of writing, the world’s largest cryptocurrency is trading at $22,789, making its total market capitalization an awe-inspiring $439. billion. This impressive rally has shown no signs of abating – inspiring many investors to join the ride. …
Continue ReadingIn India, there has been an undeniable surge of enthusiasm for blockchain technology in recent years. Despite this, adoption rates remain disappointingly slow; this has caused many knowledgeable pundits to implore the government to give deeper consideration to this versatile and transformative technology. Recently, American venture capitalist Tim Draper has also advocated for India’s swift adoption of blockchain technology, emphasizing …
Continue ReadingBillionaire Michael Saylor recently reacted to billionaire Charlie Munger’s criticism of Bitcoin, and in his typically candid manner, he articulated his thoughts on the matter with aplomb. He used factual examples to illustrate why he believes that crypto assets are an important part of any well-diversified portfolio. In an interaction with the press, MicroStrategy CEO Michael Saylor voiced his “sympathy” …
Continue ReadingThe FBI has made a victorious recovery of $100K worth of NFTs and $144,000 worth of Ether following the investigation by ZachXBT, a talented group of Crypto Scam Research. At the time of the raid, the FBI discovered valuable NFTs including Bored Ape Yacht Club#9658, and Doodle #3114 worth $95,495 and $9,361. It’s yet another reminder that vigilance is key …
Continue Reading