Silvergate Bank, a former crypto-friendly bank, suffered significant liquidity problems due to the decline in cryptocurrency markets in 2022 and the collapse of the crypto exchange FTX. These events led to a significant outflow of funds, resulting in a...
Yawn Rong and Jerry Huang had the idea to make money while doing something people already enjoy, like walking their dog. They co-founded and launched StepN based on that idea in December 2021. StepN is an activity-tracking app that...
Introduction In March 2023, the California Department of Financial Protection and Innovation shut down Silicon Valley Bank, a financial institution headquartered in Santa Clara, California. The regulator cited substantial losses in its investments and a significant amount of money...
BetDEX Labs Inc. has announced that it will launch cricket betting markets on its sports betting platform, BetDEX Exchange, just in time for the upcoming 2023 season. This addition marks a significant milestone for the company and is expected...
Binance, the world's largest cryptocurrency exchange, is taking big steps to increase its global reach by establishing a regional hub in Georgia. This move aims to expand the company's talent pool, promote blockchain education, and accelerate the adoption of...
KuCoin, a cryptocurrency exchange, has announced a partnership with cybersecurity firm Hacken to launch a bug bounty program worth $1 million, the largest reward offered by any cryptocurrency exchange to date. According to a report, the KuCoin bug bounty...
Kokomo Finance, a lending platform based on the Optimism protocol, has been accused of an "exit scam" worth $4 million. The platform’s developers allegedly withdrew customer funds from the platform by exploiting a vulnerability in the smart contracts used...
On March 24, 2023, Michael Stollery, founder and CEO of Titanium Blockchain Infrastructure Services (TBIS), received a four-year prison sentence for his involvement in a cryptocurrency fraud scheme related to TBIS's 2018 initial coin offering (ICO). The scheme led...
Introduction If you believed that the hostile demeanour of the United States' regulatory stance towards the cryptocurrency sector lacked backing from the government, President Joe Biden has taken steps to shatter that illusion. On 21 March 2023, the White...
Profiting from the volatile cryptocurrency market is all about timing, as well as having access to sound trading strategies and technical analysis. With so many cryptocurrencies to choose from and markets open 24/7, new traders may face a steep...
Source: Coinmarketcap Ripple (XRP) is currently trading at $0.4487, indicating a 5% increase over the past 24 hours, amidst a 2% surge in the overall market. However, XRP experienced a decline of 2% in the last week and...
Since the emergence of Bitcoin in 2008, the blockchain industry has undergone significant changes that have transformed the entire ecosystem and financial markets. One such trend that has emerged is decentralized finance, or DeFi. DeFi represents a pivotal moment...
Imagine a world where playing video games is a pastime and also a way to earn a living. A world where the game assets, such as characters, clothing, and weapons, can be bought and sold in the real world...
The concept of the Metaverse has gained much more popularity in the past few years and is quickly becoming the future of online communication, entertainment, and virtual reality. The promise of a virtual world that allows users to interact...
Decentralized Autonomous Organizations (DAOs) allow people to collaborate and run an organization using open-source code and network participants as governance. They are internet-native entities that operate without a central authority, making them decentralized, transparent, and globally accessible. Despite being...
As technology continues to blur the line between the physical and digital worlds, people and businesses are eager to stake their claim in the metaverse. This is especially true in a post-pandemic world where metaverses serve as hubs for...
Since the publication of the Bitcoin whitepaper in 2008, the legal status of the cryptocurrency industry has been a highly debated topic. The emergence of cryptocurrencies has presented lawmakers and regulators with a new set of challenges, and their...
Security is a top priority for many cryptocurrency users. Users are very concerned about protecting their assets against hacks, theft, or unauthorized access by third parties, whether they intend to hold crypto assets for a long time or actively...
Navigating the world of cryptocurrency buying and selling can be overwhelming, with a plethora of different wallets and exchanges to choose from, and a steep learning curve to understand the ins and outs of trading crypto assets. This complexity...
The blockchain industry has already grown to the point where several competing ecosystems rule the market and tell blockchain developers how their next projects should be set up. There is currently a large ecosystem of EVM blockchains, including Ethereum,...
There are two primary interest rates in the cryptocurrency market; the Annual Percentage Yield (APY) and the Annual Percentage Rate (APR). Both APY and APR measure interest earned over a year, but APY includes compound interest in its calculation,...
Although the NEAR protocol is a newcomer in the Web3 arena, it brings a wealth of technological advancements that prioritize user experience. Nightshade, its innovative scalability solution, is at the heart of these initiatives. Nightshade employs a novel sharding...
The importance of interoperability in the blockchain ecosystem cannot be overemphasized. One of the most serious issues confronting the blockchain and cryptocurrency industries is a lack of dependable, secure, and affordable data-sharing procedures. As a result, Polygon prioritizes facilitating...
