Investment Companies

Some Crypto Projects to Watch Out for in 2023

04 Jan 2023 @ 09:11
I made a few lists of some cryptocurrency projects that are expected to explode in 2023. Algorand The first coin on the list is Algorand. Algorand is an MIT Award winner in the year 2022. It was officially launched in 2019. It aims to increase the use of cryptocurrency by improving transaction speed. To do […]

SBF Trial - Kaplan Succeeds Abrams as Trial Judge

28 Dec 2022 @ 19:45
   A new twist to the SBF trial is expected Barely a week after Ronnie Abrams quit her role as presiding Judge in the court proceeding against the disgraced former FTX boss, Sam Bankman-Fried, a new Judge has been appointed.  He is 78-year-old Lewis Kaplan. Through a flourishing legal career spanning over three decades, he […]

How Do Bitcoin Mining Pools Operate?

28 Dec 2022 @ 09:36
A Bitcoin mining pool is a network of miners who combine their resources (that is, hash rate) to channel them towards digitally unearthing new Bitcoins so that the reward will be shared in proportion to the amount of hash rate provided by each entity on the network. Miners are the backbone of the Bitcoin network. […]

Cryptocurrency Business No Longer Appeals to JPMorgan

28 Dec 2022 @ 05:38
QUICK TAKE: JPMorgan’s Portfolio Manager delivers scathing remarks on Cryptocurrencies’ asset value. The investment bank withdraws its holdings in the Cryptocurrency industry. The New York-based investment bank, JPMorgan no longer wishes to keep its cryptocurrency investments. Simple reason: the sector has been on a downward spiral since 2021, a trend that even took a turn […]

Assets Worth $8 Million Stolen From Bitkeep Wallets by Hackers via Cloned App

28 Dec 2022 @ 05:23
QUICK TAKE: BitKeep experiences the second hijack of its assets since October. Internet fraud succeeded due to a bogus APK app. E-fraud advancement? The year 2022, adjudged as the worst year to date for the Cryptocurrency industry has seen a spike in cybercrimes, and with each new experience, fraudsters’ approaches and methods get better. A […]

Vauld Resorts to Fund Managers as Nexo Withdraws from a Prospective Deal

27 Dec 2022 @ 08:49
QUICK TAKE: Vauld and Nexo fail to conclude on terms of the agreement for a pending deal. Lack of transparency was identified as one of the reasons for the futile talks. Across the board, several Crypto firms are entering into partnerships as a means of remaining afloat. While some have recorded a measure of success, […]

Sam Bankman-Fried’s Trial: Judge Recuses Due to Husband’s Affiliation With FTX

26 Dec 2022 @ 09:32
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 […]

India’s Reserve Bank Advocates for a Total Prohibition of Cryptocurrencies

25 Dec 2022 @ 01:44
Indian Central Bank contemns the continual adoption of private digital currencies due to its volatile tendency on a global scale Considering the recent appalling events that hit FTX, the Reserve Bank of India, through its head, Shaktikanta Das is pushing for an end to the use of cryptocurrencies. His argument stems from the fact that […]

‘It Is Not Your Crypto if You Don’t Have Your Access Code'

22 Dec 2022 @ 07:56
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 […]

FTX Digital Markets Chief Implicates SBF, Others in Unwholesome Investors’ Funds Transfers

16 Dec 2022 @ 09:18
  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 […]
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