Human Errors and Bugs Responsible for Over $1B Lost Ether – Coinbase Director

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…

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“Crypto Queen” Cynthia Lummis Says Lack of Regulations Hurts Crypto

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…

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Deribit Unveils BTC Volatility Futures Amid Banking Turmoil 

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…

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Metamask Upgrades Mobile DApp And Browser Extension For Enhanced User Privacy

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…

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What is Crypto Arbitrage Trading and How Does It Work?

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…

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What is a Soft Fork and How Does It Work?

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…

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What is Cardano (ADA)? A Beginner’s Guide

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…

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What is Ripple (XRP)? A Beginner’s Guide

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…

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Despite Shiba Inu Community Efforts, SHIB Burn Rate Drops Hard

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…

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Many Ethereum (ETH) Holders Pin Their Hopes On The Upcoming Upgrade

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…

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Almost Half Of SEC Enforcement Actions In 2022 Were Against ICOs

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…

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What Is Chainlink (LINK) And How Does It Work?

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…

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Forex vs Crypto Trading: Which One Is Better?

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…

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Chainlink (LINK) Drops Value to $6.1 – Price Analysis

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….

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