Investment Companies

  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 […]

ByBit and Swyftx announces their intention to reduce their workforce as they could no longer cope with the crisis of the crypto winter. ByBit is a high-ranking crypto exchange platform based in Dubai. part of the measures that they considered to be taken to keep their business floating is the reduction of their workforce. In […]

The profitability of a Bitcoin mining venture is determined by some factors. The most important factor of them all is the very price of Bitcoin. When the price of Bitcoin is high, mining becomes easier than when the price is low. This is because of the high cost involved in mining new blocks. A comfortable […]

 QUICK TAKE House Financial Services Committee invites SBF to a Dec 13 hearing on his failed exchange The invitation provides SBF with an opportunity to clarify issues and boost investors’ confidence pledges a congressional appearance on a yet-to-be-determined date Sam Bankman-Fried (SBF), who is in hot water, has the chance to address a variety of […]

The crypto industry has lost another genius – Tiantian Kullander and this is the second of such, after the incident of the death of Nikolas Muchegian who died in late October. Tiantian is an influential young man who co-founded a Hong Kong-based cryptocurrency company which is known as the Amber group. He passed away in […]

Minoan Group Plc stock (LSE:MIN) is currently not an attractive market as it is quite choppy. This kind of choppiness has been going on for nearly 6 months. In this market, both buyers and sellers suffer, because there is no clear winner. The price is neither above nor below the EMA 21. Although William’s % […]

As a blockchain-based computing platform, that gives developers the freedom to run their decentralized programs on it, Ethereum has dramatically revolutionalized the crypto industry. Ethereum ranks second, after Bitcoin, and it is more than just cryptocurrency because it has other services that it offers. Let us consider the essential parts of the network. What is […]

In the heat of the ongoing dispute between Binance and FTX, customers on the FTX platform seem to be gripped with fear as it becomes difficult to withdraw Bitcoin and other stablecoins. The CEO of the FTX platform clears the fear of customers, assuring them that the matching engine is working very well. However, the […]

Boohoo Group Plc shares (LSE:BOO) are currently where they are not supposed to be. The price still showcases bearishness, instead of bullishness. For most past of this year, the market has trended downwards, generally. There were occasional rallies along the way, but they were followed by further bearish movements. 4 EMA as used for this […]