Crypto needs to move on from the LUNA crash and start trusting algorithmic stablecoins again.
Canada Places Ban on Margin and Leverage Crypto Trading
Following the downfall of FTX, different countries are looking to tighten their policies, specifically for digital currencies, in an attempt to safeguard investor funds. Key investors at risk following the new development It appears that Canada is taking this path, as it recently took steps towards restructuring its regulations by placing a ban on Margin […]
Investor Michael Burry Calls Proof-of-Reserves Audit Meaningless
Burry is regarded as the first investor to correctly predict U.S. subprime mortgage crisis. Binance CEO Changpeng Zhao (CZ) addressed criticisms of the POR of his platform. Michael Burry, the founder of the investment company Scion Asset Management. And a well-known investor, said on Friday that proof-of-reserves (POR) audits of cryptocurrency exchanges such as Binance […]
SEC was “asleep at the wheel” about FTX – US Rep. Sessions
The Texas Congressman urged lawmakers to examine the SEC’s efforts to prevent fraud at the crypto exchange.
Decentraland “LAND”s back into the limelight; will MANA reciprocate
Decentraland recently launched LAND Rentals on its marketplace LAND NFT collection has since seen a jump in floor price and market capitalization The year 2022 has been challenging as non-fungible tokens (NFTs) continue to suffer a decline in sales volume. To change the narrative around the same, leading metaverse-based project Decentraland [MANA] recently introduced LAND […]
Ohio Man Who Stole 713 Bitcoins from US Authorities is Set to Plead Guilty of Theft
Gary Harmon, a 31-year-old man from Ohio, is set to plead guilty after being charged with stealing 713 bitcoins stored in a Trezor hardware wallet seized by the US government. Garry was arrested in July 2021 and arraigned on money laundering charges, among other crimes, after the bitcoins (worth around $5 million) were stolen remotely […]
Hal Finney’s Twitter Active Again
The Twitter account of the late Hal Finney, one of the first Bitcoin users, was recently active to avoid the account from being suspended. Hal Finney was a computer scientist, which many believe to have been part of the creation of Bitcoin. That is because Satoshi Nakamoto, the anonymous creator of Bitcoin send the first […]
TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021
The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi […]
This Ethereum development could favor long-term investors, according to…
New report suggests that Ethereum could be affected by sell pressure due to upcoming hardfork Number of large addresses on Ethereum continued to grow while top traders took long positions on ETH According to CryptoQuant, a crypto analytics firm, Ethereum [ETH] could face a mass selling event in the next few months. This event could […]
TON Price Prediction – After Surging 4% Yesterday, Is $3 Next?
TON has been on a bullish trend in the last 24 hours. The token is up by 29% in just seven days amid the recent […]