Tag: crypto

  • Cryptocurrency holders may lose $145 million

    The death of Gerald Cotten, the Chief Executive Officer of Digital-asset exchange Quadriga CX has left one question unanswered, how do the company’s customers recover their combined C$190 million ($145 million)? This is a multi-million dollar question that only the late Cotten can answer, unfortunately for Quadriga CX’s customers. According to reports, Cotten died with…

  • Cryptocurrency exchange has sacked 27% of workforce

    As this cryptocurrency exchange-turned-investment platform attempts to weather a bout of market volatility and declining asset values, it is laying off nearly a third of its workers. As a part of cost-cutting measures announced in response to the shaky market climate, Peter Thiel-backed Bitpanda GmbH would trim headcount from over 1,000 to roughly 730. The…

  • Belarus clamp down on millions dollars in crypto

    In Belarus, the government has received help from various companies with the aim of seizing cryptocurrencies. Now, authorities in that country have mastered the art of seizing crypto, resulting in the seizure of millions of dollars in crypto. in the month of March, the Belarusian government indicated that it would love to follow China’s example.

  • 4 takeaways from recent crypto crash

    Here are four things for crypto markets after the crash. 1, There’s panic among crypto investors till the 23rd of May 2022 2. Now, stablecoins stability scams have been exposed. We now know that they too can crash 3. Investors of crypto have experienced a meltdown and they don’t see a way out soon 4.…

  • Nigeria’s crypto experts congratulate new SEC regulation on digital assets

    The Security & Exchange Commission (SEC) just released its statement on regulating the digital virtual assets like Bitcoin and NFTs. The document is titled: New Rules on Issuance, Offering Platforms, and Custody of Digital Assets… Experts in the industry are saying they believe that SEC’s latest move is the best, seeing the industry is extremely…

  • Central Bank of Chile considers CBDC issuance

    The bank is studying how to issue a national digital currency called the digital peso. The bank has issued a report to this effect. The report explores the possibility of the creation of a central bank digital currency (CBDC) in the future. Experts are also studying the mechanism it may use, and how it will…

  • Top crypto movers 17th May 2022

      Top Movers – Crypto.com https://crypto.com/price 51 rows · Explore top cryptocurrencies with Crypto.com, where you can find real-time price, … # NAME PRICE 24H CHANGE 1 B Bitcoin BTC $36,102.36 $36,102.36 -0.09% -0.09% 2 E Ethereum ETH $2,690.42 $2,690.42 -1.38% -1.38% 3 U Tether USDT $1.01 $1.01 -0.00% -0.00% 4 B BNB BNB $377.90 $377.90 +1.15%…

  • Crypto crash: Dogecoin prepares for recovery

    Elon Musk said that Dogecoin can actually become a currency… Today, it is clear that Dogecoin is making its way back to recovery. meanwhile the CEO of Tesla, Elon Musk has uttered many positive reviews on the cryptocurrency. Musk was replying to the Dogecoin founder’s tweet when he said that the crypto can become a…

  • Ethereum harshrate perform better during Bitcoin crash week

    Bitcoin has had a bad time these two weeks but investors have had a good run with Ethereum harshrate that has performed better among its peers. Ethereum tapped an all-time high on the 13th of May. The reason appears to be that cryptocurrency miners continued to dedicate large quantities of processing power toward the Ether.…

  • Matt Damon receives backlash from social media users for crashing crypto

    The crypto world has received massive shock this and past week. Investors lost about $200 billion dollars. Who’s to blame? Social media users are claiming that Matt Damon who appeared on an ad on crypto.com is primarily responsible for this massive crypto crash. Though there are other celebs advertising crypto but it is that of…

  • Will you get rich by investing in crypto?

    Cryptocurrencies are facing a hard time these days but some young investors believe it is still a good way to invest. Do you think so? For most successful investors, they succeed because they have risk tolerance. For those that have lost a ton of money, it’s a different story. Can one invest in crypto at…

  • Crypto owners may lose all (come to zero) – Analyst

    Analysts are saying that crypto owners may lost everything they have if care is not taken. They claim customers could be viewed as unsecured creditors. Cryptocurrencies are on a downward spiral for weeks, with no one knowing how long it will last. For example, Coinbase has lost a quarter of its shares this past week.…

  • LUNA loses its grace as stablecoin – falls from top 10 to 28

    The stablecoin known as LUNA has lost about 90 percent of its value after this past week loss. According to latest news, the token price traded $87.96 before its fall. Now, it trades at $8.81; this decline came about in just a week. LUNA is one of the cryptocurrencies meant to be stable at $1…

  • TerraUSD (UST) is no longer a “stable coin” Check the chart below

    It is not only bitcoin that is getting hit. Even stable coins are no longer able to find their footing. Check out this one and see how it dropped steeply. I guess it is because most of these crypto things are relying on the power of bitcoin. “Stable coin” pic.twitter.com/Qnm2yEx9B3 — Bitcoin Magazine (@BitcoinMagazine) May…

  • Best place to purchase crypto for investment

    Best place to purchase crypto for investment

      Bitcoin price has fallen so much. This is not the time for you to be afraid because whatever goes up must come down, and for bitcoin, it will go up. Before it does, you can enter and get your own share of the market before it rises. If you’re looking to purchase any cryptocurrency…

  • $3.5 billion bet: Bitcoin could become a reserve currency for crypto

      A news outlet just intimated that Crypto project is buying billions in bitcoin in order to support UST, this is one of the best stablecoins out there. The main reason for this is that Terra CEO believes that bitcoin could become a reserve currency for other coins. But now, the UST, which was initially…

  • 5 best crypto wallets in 2022

      Take custody of your crypto investments with these top valuable non-custodial crypto wallets. 1. MetaMask: This wallet takes no ownership or custody of your seed phrase and private keys, so it is about 100 percent safe. It also functions on other EVN networks. 2. Coinbase Wallet: This one is popular because it is easy…

  • Move to earn crypto way

    In the crypto world, DeFi, NFTs, P2E, Metaverse, Stablecoins, and more have made the waves. Now, there’s a new technology or way to earn in the crypto world. It is known as Move-to-earn. What is Move-to-Earn? Here is what to know about Move-to-Earn: It includes a variety of products and services that pay users for…

  • Stripe enables Twitter users to get paid in Stablecoin

    A popular online payment system known as Stripe has announced that will now start partnering with merchants who want to pay others using cryptocurrency. The payment will be done through the stablecoin USDC. Just yesterday, Twitter started allowing a number of creators to receive their earnings in crypto. Stripe dropped its use of Bitcoin four…

  • Top 3 reasons Bitcoin is soon going to be widely accepted worldwide

    Bitcoin, the leading cryptocurrency in the world is making a lot of financial progress. Recently, Morgan Stanley revealed that crypto could become more widely used as a currency. Take a look at three reasons why Strike, a payment company has announced a partnership with point-of-sales PoS supplier, NCR and another company and it is hoped…

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