Technology

QUICK TAKE: More troubles for SBF/FTX as US DoJ commences probe into stolen assets. The possibility of it being an inside job is not ruled out. The controversy around the FTX debacle is yet to fizzle out. More and more incriminating affairs are being thrown up and that leaves much to be desired, in the […]

QUICK TAKE DFPI uncovers several crypto sites and brokers as potential breeding grounds for duping unwary customers. The Department of Financial Protection and Innovation (DFPI) in the US state of California has identified some websites and brokers as probable avenues for perpetuating cryptocurrency scams. DFPI is a mechanism that improves the well-being of financial services, […]

The Versarien Plc capital market (LSE:VRS) will potentially touch a line around the 7 to make a bounce-off to signify the completion of most of the declines that have been over time. Despite how complex the transactions have been, buyers’ conduct has stopped. If the falling force eventually gets reduced, a rebound will systematically occur […]

   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 […]

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. […]

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 […]

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 […]

In a mining pool, everyone on the platform offers his or her computing resources, and the pool of computing power will be united and channelled towards the digital digging out of new bitcoins. The only way new Bitcoins are produced is through mining; Bitcoin is sustained by its miners. When miners are successful, harsh market […]

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 stock price of Versarien Plc (LSE: VRS) is to hold firm, featuring upswings in the following transactions days above the level of the trading line at 7. There has been a clear-cut sign in the VTS market that bears have been losing momentum against the probability of bulls pushing back upward. A northward force […]