Cryptocurrencies

QUICK TAKE Judge quits her role in the FTX-SBF lawsuit for reasons bordering on compromise. Her husband currently has a partnership with a firm that once advised FTX. Ronnie Abrams, the presiding judge in the lawsuit against FTX’s embattled co-founder, Sam Bankman-Fried (SBF) no longer wants to serve in that capacity. In a written court […]

The preceding statement is supported by the recent turbulence that rages across the crypto industry, affecting major exchange platforms. A very good example of a platform affected by the crisis is FTX. But what exactly is meant by the statement? The answer to this question, as well as the advantages of keeping a private key […]

Secure storages for crypto undertakings are very important; therefore, in this article, we will be recommending and reviewing some of the top-rated and very useful cold storage wallets. This information should assist you in finding a cold wallet that is well-suited for you. But before unveiling the top crypto storage wallet, let us discuss the […]

The blockchain concise is about Solana, this Blockchain is energy efficient, low cost, and fast. This blockchain as well powers dApps globally.  SOL Defined This is a blockchain platform that uses proof of history tech to increase speed without jeopardizing security. Solana blockchain has become the fastest blockchain there is, through the help of its […]

QUICK TAKE Microsoft ends its free online crypto mining services Sets new rule that posits that mining must be only by approval   Microsoft, a US tech conglomerate, will no longer allow cryptocurrency miners to operate freely on its Azure platform. This is the outcome of a new policy that indicates that moving forward, any […]

  Quick Take A key FTX official communicated with the Bahamas SC boss about the ongoing illegalities before the firm’s collapse. SBF and two others made moves that contravened governance rules.   The gamut of woes rocking the once-blossoming FTX continues as more revelations pour in. In a November 2022 disclosure by Ryan Salame, the […]

Within the last 24 hours, customers have made withdrawals of close to a billion dollars from the platform as they become concerned about the proof of its financial reserve report. According to the information gathered by a blockchain intelligence platform, Nansen, $902 million has left the platform in the past 24 hours. This is a […]

After taking a strong base from the $253 support level, the bull market progressed aggressively, smashing through the $280 price level. But, BNB coin was losing its momentum as it approached the $320 resistance level. It finally hit a brick wall on November 26 at $316.5. At this point, the bullish market succumbs to the […]

Out of the blue, the UK government decided to bring forward a consultation on the case for a central bank digital currency. Does it mean digital assets await mass adoption? Not so fast. Even enabling of legal framework doesn’t guarantee a change in rhetoric. Regulators continue to see cryptocurrencies and stablecoins as risks to the […]

Quick Take A new tax law will require maximum cooperation from Cryptocurrency providers. The decentralized nature of virtual currencies hampers the work of tax authorities. The European Union (EU), the supranational organization of Europe, will require cryptocurrency trading enterprises to abide by tax regulations to reduce the crime of tax evasion. The EU is implementing […]