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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 […]
 

Best Crypto Cold Storage Wallets

20 Dec 2022 @ 08:41
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 […]
 

Mining of Crypto on Microsoft Cloud Platform Now to Be by Approval

17 Dec 2022 @ 09:57
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 […]
 

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 […]
 

Binance Experiences Massive Withdrawals as Customers Are Disturbed by the Reserve Report

14 Dec 2022 @ 04:03
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 Succumb to the Crypto Crisis 

07 Dec 2022 @ 15:35
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 […]
 

FTX Disaster, What went Wrong?

02 Dec 2022 @ 10:30
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 […]
 

XRP Bears Form Concrete Resistance $0.400 Price Level

22 Nov 2022 @ 09:19
In October, the XRP market consolidated below the 20-day moving average. This was after the bull market faced rejection at the $0.50 price level. The buyers attempted to recapture the $0.5 level, but they were rejected again. This time around, the bearish run brought the price to $0.329. The support was formed from this point […]
 

Boohoo Group Plc price: BOO is where it is not supposed to be

05 Nov 2022 @ 22:05
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 […]
 
 
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