Technology

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 […]

 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 […]

More than 2 billion dollars was lost in the FTX disaster due to problems relating to a lack of liquidity on the platform. Within 3 days, about 80% of the value of the FTT token was lost. FTX was once seen as a survivor and a champion in the struggling market. What went wrong with […]

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 […]

Dutch government anti-fraud organization places its searchlight on a man for probable money laundering charges through the use of a Bitcoin ATM A man in his early forties will spend some time in the care of security personnel and give them helpful information regarding where he received the money he utilized in some recent transactions. […]

The creator of a Web3 Social video platform, which is known as Cheelee and a Web2 mobile App program known as NUTson has announced the establishment of a $200 million support fund aimed at supporting the crypto industry in turbulent financial times. The Founder of Cheelee and NUTson, Roman Alekseev, in a statement that he […]

Bushveld Minerals Limited shares (LSE:BMN) are bearish in the long term, but bullish in the short term. Bulls are striving hard to undo the protracted bearishness registered in the charts. The ADX period 14 is almost below the level 20, which means the momentum in the market is not currently great. DM+ is somewhat above […]

More and more technology institutes and businesses around the world are accepting cryptocurrency as means of payment or settlement of debts. Among the notable businesses and tech companies that recently accept cryptocurrency as means of settling debt include two Ukrainian tech giants: Techno Izhak and Stylus. These companies have retail outlets that allow customers to […]

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 […]