Coinbase’s director of product strategy and business operations, Conor Grogan, revealed that billions of dollars worth of Ether had been permanently lost due to bugs and human errors. The director noted that mistakes and glitches were the cause of losing 636,000 ETH or $1.15 billion on the Ethereum blockchain. Gone With No Recovery According to…
The Republican U.S. Senator, Cynthia Lummis, representing Wyoming, revealed at a recent crypto event in Washington D.C. that the U.S. is losing out on the crypto space. Dubbed “Crypto Queen,” Lummis disclosed that she bought her first Bitcoin in 2013 and wished she had bought more of the token. Supporting Crypto Regulation It is not…
Deribit, a cryptocurrency derivatives exchange, is set to introduce Bitcoin volatility futures, providing investors with a means of assessing and engaging in trading the BTC market. Deribit’s New Product Allows Investors To Trade BTC Deribit’s BTC DVOL futures is a derivative contract based on the Deribit BTC Volatility Index. The index evaluates the implied volatility…
Metamask has been the go-to crypto wallet for many crypto users for the past few years. It makes storing, sending, and receiving cryptocurrency from any device easy. Metamask is taking the user experience to the next level with a new upgrade that enhances privacy. The new upgrade focuses on improving privacy features for both the…
Most of us are familiar with the concept of hibernation, where animals in the wild save up their energy during tough weather conditions and scarcity of food. Similarly, the recent period in the world of crypto has proven that decentralized finance has also experienced a chilling winter – much like the bears in hibernation. The…
Crypto Arbitrage Trading is just like regular arbitrage. This is the process in which you buy and sell a cryptocurrency across different platforms and benefit from the price differences between them. Since every cryptocurrency exchange values different cryptocurrencies differently, this opens up amazing opportunities for cryptocurrency arbitrage around the globe. Traders buy cryptocurrency from one…
Introduction Blockchain networks are digital ledgers that are considered one of the most secure methods of performing online transactions. Blockchains were created to find a safe and hack-proof digital transaction method. Therefore, governments have started to open up to the potential of blockchain technology for international payments and other uses. However, blockchains have to undergo…
Introduction Cryptocurrency investors do not only hail from the retail sector. There are many professional brokers and experienced traders that participate in the cryptocurrency markets. Therefore, there are several options available in the DeFi sector where investors can maximize their profits in a limited amount of time. Margin Trading is such an option. In this…
Cardano (ADA) is the native token of the Cardano blockchain and is used as a medium of value exchange on the blockchain. Cardano was developed to work seamlessly with the ETH blockchain. Cardano was created by Charles Hoskinson, a co-founder of the Ethereum blockchain. The key purpose of Cardano is to ensure multi-ledger operability and…
Introduction Cryptocurrencies are the latest disruptive technology to come out of the 2000s. Blockchains claim to be decentralized financial ledgers but many of these projects are shrouded in controversies and issues. Ripple Labs and XRP is a good example of a blockchain project that has remained the source of confusion and debates within the global…
Introduction Most people are aware that there are many types of cryptocurrencies in the market. However, what most people do not know is that many of these cryptocurrencies serve different purposes. Monero is a cryptocurrency that is geared towards granting privacy and transaction secrecy to investors. This article is about Monero and how investors can…
The community of the Shiba Inu meme coin, SHIB, is determined to reduce the coin supply. They work hard to destroy more SHIB coins daily to boost scarcity and value. However, some users have yet to move their tokens from exchanges to the burn address set by the team. Despite this setback, SHIB fans remain…
The last couple of years has been a roller coaster ride for the cryptocurrency market. For example, the third halving of Bitcoin took place in 2020, which saw a huge surge in the cryptocurrency’s price. This type of halving takes place every four years. After this, large-scale investors and corporates started investing rapidly in Bitcoin…
In March, Ethereum’s much-anticipated network upgrade, known as Shanghai, is expected to occur. According to Bloomberg reports, speculators are increasingly betting on tokens associated with the upgrade. These tokens represent Ether holders’ stacked coins and can be used to withdraw them after the upgrade is complete. The Shanghai update will bring several improvements and features…
Cornerstone Research, a consulting firm, recently released a report showing that a record number of enforcement actions related to crypto were brought by the US Securities and Exchange Commission (SEC) last year. The report discovered that during the course of 2022, a total of 30 enforcement actions had been brought by the SEC. Enforcement actions…
Introduction The dark web is something that has become a popular idea on account of social media and media portrayal in recent years. Many people are fascinated by this idea and they are intrigued about any content and participation option that is available to them. Cryptocurrency trading is done wholly on digital platforms and therefore…
Introduction There are dozens of blockchains and cryptocurrencies to choose from in the crypto market. Therefore, investors may get overwhelmed when it comes to creating a suitable and well-balanced crypto portfolio. It is best to take a look at some of the most popular cryptocurrencies and break them down into their smallest components to understand…
Just a few days back, Defrost Finance, one of the prominent trading platforms in the decentralized finance industry, faced a major exploit. As a result of the exploit, the company ended up losing $12 million, which was a huge loss for the company. The exploit took place a few days prior to Christmas. It has…
Introduction Crypto trading is the latest trend of investment that is popular among the younger generation. However, before cryptocurrencies, there were other trading options available in the market outside of the stock market as well. One such alternative for trading is Forex Trading. Investors are always looking to diversify their portfolios by dividing their investment…
Chainlink price paints a bearish picture. LINK’s massive resistance stance at $8.9 The alt has reliable support at $%.9 Chainlink price outlook shows the alternative token exploring bearish tendencies on 13 November 2022. Crypto suffered a massive downside amidst the ongoing turmoil in the cryptocurrency market. LINK’s price remained negative within the last few hours….
