Results for "investing"
The Algorand Foundation hires new global head of ecosystem growth
Former Blockchain.com executive Min Wei will join the Algorand Foundation as global head of ecosystem growth, according to a press release on November 15, 2022. Algorand hires Min Wei The Algorand Foundation, a non-profit community organization, focused on protocol governance,…
Crypto firms set to make a difference after the FTX washout
Following the fiasco of the Bahamas-based FTX empire owned by Sam Bankman-Fried, many crypto lords have decided to reposition themselves. This initiative is geared towards evading a similar scenario as the FTX bummer. Crypto bosses to restrategize their operations The…
Polygon (MATIC) sets all-time high record after Nike partnership
A new all-time high record has been set on the Polygon network, with unique addresses exceeding 190 million as of November 14. Polygon MATIC breaks all-time high record Polygon MATIC, an Ethereum token powering the Polygon network, has broken an…
New York feds and banking giants commence 12 weeks-digital dollar pilot
According to the latest news reports, the Federal Reserve Bank of New York and the Global banking giants are initiating a 12-week digital dollar pilot dubbed proof of concept (POC). The pilot aims to test the viability of using tokens…
Sam Bankman-Fried explains how his crypto empire fell
Sam Bankman-Fried garnered many accolades as he quickly rose to prominence as the CEO of cryptocurrency trading platform FTX: the savior of cryptocurrencies, the freshest face in Democratic politics, and perhaps the first trillionaire in history. So what happened? Since…
Apple preparing for “3D Mixed Reality Realm”?
Recent job openings indicate that Apple is hiring a number of engineers with experience in augmented reality and virtual reality.
The cryptocurrency market meltdown is akin to the 2008 financial crisis
Almost 15 years have passed since the financial crisis of 2008. The crash affected various sectors of the economy, such as banking and real estate. Cryptocurrency investors are now at risk of experiencing a similar situation. Is the 2008 nightmare…
Billionaire Mark Cuban still believes in crypto and smart contracts
On Monday, American billionaire, entrepreneur, and media appropriator Mark Cuban sparked Twitter and said he believes in Smart Contracts while investing in the crypto industry. Moreover, tokens valuation and utility are a brand essence. The criticality of cryptocurrency embedded in…
Lido increase APR to 17.5%, Ethereum bulls may benefit
Lido’s increase in APR from 10% to 17.5% seems to have ignited new highs, birthed new validators and increased the number of big addresses on the Ethereum network.
Argentinian government says Sam Bankman-Fried is not in their country
Sam Bankman-Fried, the CEO of the failed cryptocurrency firm FTX, is rumored to be a United States fugitive. According to some anonymous sources to infobae, Sam escaped to Argentina after filing for bankruptcy yesterday. Meanwhile, the government of Argentina claimed…
Crypto exchange BitCoke experienced difficulty in withdrawing funds
BitCoke seems to have had issues with withdrawals which led to the suspension of some activities in the firm for a period of time yesterday. According to an announcement today on BitCoke’s official Twitter account, the company suspended withdrawals from…
Ontario teachers’ fund loses $95 million due to FTX bankruptcy
Ontario Teachers’ shared their woes amid the FTX’s recent troubles after they invested a significant amount of funds in FTX International and its US entity (FTX.US). The pension company claims its investment is almost zero following FTX’s insolvency. Reasons for…
U.S. Senators demanding better consumer protection after FTX collapse
The US senators have decided to continue with the SBF back bill despite the almost imminent collapse of FTX
FTX still in crisis, Tether won’t invest
Tether CTO, speaking on twitter, Affirmed that Tether will not get involved in the FTX saga while responding to SBF’s efforts to acquire loans from fellow crypto firms adding to the CEO’s troubles.
BlockFi halts withdrawals amid market meltdown
BlockFi, in a recent statement stated that it had paused withdrawals. The firm’s actions was due to the uncertainty behind the FTX issue as the firm claims to have seen the deployments on Twitter.
List of countries that allows crypto transactions legally
The following discussion provides an overview of the leading nations that have accepted crypto by overcoming regulatory uncertainty.
Bakkt: a web3 platform helping banks provide crypto services
Bakkt is a web 3.0 infrastructure designed with a large number of solutions to help banks deliver crypto services. The network builds on helping financial institutions and companies unlock the power of cryptocurrency in payments, loyalty rewards, etc. What is…
Bitrizza enabling fast and secure bitcoin and altcoins purchases across Europe
Bitrizza is eliminating the barriers to crypto adoption across Europe by offering the masses a superfast, safe and secure platform to buy Bitcoin (BTC) and other cryptocurrencies.