Peter Schiff Positive about Bitcoin and Gold In 2023 Peter Schiff was recently seen analyzing targeted assets for the purposes of investment in 2023. He was primarily looking at the options where investments can reward high returns as well as turn out to be ‘real hedgers’. His analysis has led him to determine not one…
Category: Cryptocurrency
FTX Opposes New Bankruptcy Investigation Into SBF’s Connections
The US Department of Justice (DOJ) had submitted a request for conducting an independent investigation into the collapse of the once-dominant crypto exchange. This has resulted in an objection from FTX, which said that the DOJ was already doing a wide-ranging probe, including the family members of Sam Bankman-Fried, the co-founder of FTX. The objection…
Celsius Hinting At New Token Launch As Part Of Restructuring
Crypto lender Celsius Network might launch a new token, as it is mulling the idea of issuing a new one as part of its reorganization plans. According to a report, the crypto lender is exploring the idea because it wants to use the new token for raising funds that would help it in paying off…
Analysis Of Crypto Market Leaders: Bitcoin Takes Lead
Market Conditions Remain Green After succumbing to a small fall, on 17th January 2022 Bitcoin once again proceeded back over the price range of $21,000. The market leader’s performance in the past 7-days weeks is astonishing as the gains exceeded 23.24%. How could Ethereum lag behind when Bitcoin is making gains? Ethereum’s gains of over…
How Did DeFi Sector Manage During Turbulent Times In 2022?
2022 Brought Turbulent Times Over the course of a couple of years, Decentralized Finance (DeFi) has become an integral and essential part of the crypto industry and economy. This ecosystem primarily allows users to provide digital currencies to protocols for lending them onward to loan seekers. Furthermore, DeFi allows its users to switch hands without…
Hashkey’s 3rd Funding Round Advances Remarkably Even In Worst Market Conditions
Hashkey Capital’s 3rd Round of Funding The crypto market is still facing a downturn and conditions remain unchanged a bit. Yet there have been a few events that have been doing great and one of them is the third round of fundraising initiated by Hashkey Capital. Hashkey Capital is a globally renowned asset management firm…
Compass Sued Over Failure To Return Customer Bitcoin Miners
Compass Mining is known as a hosting service and reseller of bitcoin mining machines. Its clients have decided to sue the company for $2 million. On January 17th, the customers filed the lawsuit in a Florida court in which they accused the company of breach of contract, fraud and negligence after it terminated its partnership…
Scaramucci Recalls Sam Bankman-Fried’s Betrayal
Speaking in Davos at the World Economic Forum (WEF), Anthony Scaramucci talked about the close relationship he had shared with Sam Bankman-Fried, the former CEO of FTX, and his family. He also talked about his feelings when the extent of the FTX disaster had come to light. The relationship During the Blockchain Hub event of…
What Is Token Burning And How Does It Work?
Introduction Cryptocurrencies were first introduced as an alternative to fiat currency-based economics. There are many issues related to the fiat currency economy such as the money supply that makes the case for cryptocurrency applications. To improve the cryptocurrencies, the developers have ingrained some important features in the blockchain such as Token Burning. This article is…
Fight Between Crypto Firms And Financial Institutions In Chile Is An Ongoing Battle
Chilean Banks Reluctant To Serve Crypto Exchanges It has been quite a long since a silent war has been developing between the financial institutions and crypto exchanges in Chile. The issue is that banks are reluctant to render banking services to crypto exchanges which are causing frustration within the crypto corporates. The dispute between the…
With Cardano’s Price Moving Higher, It Manages To Overtake Dogecoin In Terms Of Valuation
In recent days, the trading price of Cardano (ADA) has started to move in the stronger bullish zone. ADA has overcome many challenges in the past couple of weeks to keep moving in the right direction. The investors have continued supporting the asset and so far, nothing has managed to discourage them to lose their…
El Salvadoran Contestant Of Miss Universe 2023 Clothes Bitcoin-Featured Outfit
2023 Miss Universe Contest Shocker In the 2023’s ongoing Miss University Contest, El Salvadoran contestant is surprising everyone with her stunning looks and also through her outfits. Alejandra Guajardo is the contestant representing El Salvador in the 71st contest of Miss World 2023, presently continuing in New Orleans, USA. Guajardo was revealing an element of…
A Thai Regulator Launches “Crypto Academy” For Benefit Of Investors
Thai ‘Crypto Academy Learning and understanding digital assets have been made easy in Thailand primarily because of an initiative taken by the Thai Government. An academy called ‘Crypto Academy’ has been launched through the Securities & Exchange Commission (SEC) of Thailand. The newly launched academy shall offer to offer free of charge education with regard…
Hospital Network Exploiters Demand Ransom In Bitcoins
Hackers have returned and their first victim of 2023 is a network belonging to a hospital-based in Romania. Allegedly, the hospital’s network has been attacked by hackers who have demanded ransom to be paid in Bitcoins. As crypto-blockchain technology is a safe haven, it has given a lot of confidence to hackers to do whatever…