Metaverse’s Step-wise Evolution People often disregard the ‘Metaverse’ on the pretext that it is far from reality i.e. a world that exists virtually only. However, with the passing of each day, the world is coming to know of the benefits which Metaverse is capable of providing. Initially, Metaverse primarily served as a place for online…
On Wednesday, US District Judge Lewis Kaplan ordered that Sam Bankman-Fried was no longer permitted to use encrypted communications with employees of FTX and Alameda Research. The restrictions came after prosecutors had claimed on Friday that the co-founder of FTX and Alameda had used Signal, an encrypted messaging platform, earlier this month to reach out…
Mining bitcoin has just gotten harder. At publishing time, the mining difficulty of bitcoin hit a new all-time high. On Sunday, the bitcoin mining difficulty had stood at around 37.59 million, but it recorded a rise of 4.68%, which saw it reach 39.35 trillion. Mining difficulty The computational power needed for mining a single BTC…
The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, recently said that it is not as difficult to identify a crypto scam as it may sound. Earlier this month, he spoke during a Twitter Space to the US Army with SEC Commissioner Caroline Crenshaw. They talked about the dangers associated with crypto…
Genesis Exchange Review The financial markets are renowned for the lucrative opportunities they provide to all those who are willing to capitalize on them. It has become easier than ever for people to do so, thanks to the introduction of online trading. But, in order to take advantage of this option, you will require the…
TradeVision365 Review You can unlock the doors to the financial markets with the help of TradeVision365, a broker that boasts about its impeccable trading services. This TradeVision365 review will highlight the prominent features it offers to help its clients. The concept of trading instruments in the financial markets has been around for centuries. Some of…
Jim Cramer Advises Investing In Gold Rather Than Crypto On 23rd January 2023, the globally popular host of ‘Mad Money’, Jim Cramer, was seen advising investors where to put their money. While addressing investors, Cramer suggested that they should immediately put their money into Gold. He strictly advised them also not to engage with cryptocurrencies…
On Wednesday, Senator Elizabeth Warren had some strong words to say regarding the crypto industry, as she called on the SEC to take more action in countering crypto fraud. The Massachusetts Senator delivered the prepared remarks to the American Economic Liberties project and said that a strong Securities and Exchange Commission (SEC) was the biggest…
As the year 2023 began and the crypto market started to show signs of a recovery, all eyes were on the major cryptocurrencies. The crypto communities wanted to know how well the major cryptocurrencies were going to perform in a bullish trend after a long winter. Aptos has come out of nowhere Just when most…
On Monday, the FBI announced that it had concluded that Lazarus Group, the North Korean organization, had been involved in the Harmony Protocol hack of $100 million last June. On January 13th, about $60 million worth of Ethereum that had been stolen in the hack six months earlier was laundered. The hackers This allowed the…
The year 2021 has been the best year for the entire cryptocurrency industry. No matter the segment or the sector, every aspect of the crypto industry was thriving and was making a lot of progress. Even the mining sector, especially Bitcoin mining had become extremely profitable for the mining centers. The 2021 bull run was…
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…
Enduring-Markets Review When someone is looking for extra income options, more and more people have started to suggest trading. Indeed, this field has many advantages and can increase your capital, especially with the help of an experienced broker. I decided to do my own research and find out which platform has more positive aspects and…
Central bankers are scheduled to begin testing the digital euro this year, which has prompted EU finance ministers to demand that it offer both transparency and privacy. The idea of a digital euro had first been introduced back in October 2020 and the European Central Bank (ECB) is spearheading its development. In 2021, the ECB…
It was in the summer of 2022 when Three Arrows Capital, a crypto hedge fund, commonly known as 3AC, filed for bankruptcy. Bankruptcy Filed by 3AC The bankruptcy case is still ongoing and the bankruptcy court is going through all the aspects of it. The platform faced a demise as a major selloff was recorded…
Tether, commonly known as USDT, the largest stablecoin in the entire crypto-verse by market valuation has earned a new achievement. The stablecoin’s trading volume has surpassed the likes of two major online payment services giants in the year 2022. The two major payment services giants being referred to are Visa and Mastercard. $18.2 Trillion Worth…
Binance Leaving No Stone Unturned Binance seems to be doing whatever it takes to avoid the eventual fate of its archrival crypto firm, FTX, which no longer exists now. In its latest efforts, Binance has become a member of the Association of Certified Sanctions Specialists (ACSS). ACSS is a special-purpose association established for improving the…
SEC Initiates Enforcement Action against Fraudulent Crypto Investment Scheme In 2018, a crypto scheme called “Coindeal” surfaced which was originally launched by a person named Neil Chandran. Amongst the promoters of the scheme were notable individuals Linda Knott, Garry Davidson, and Michael Glaspie. The scheme was found to be nothing but a fraud i.e. another…
Federal prosecutors have been investigating the largest crypto exchange in the world, Binance, for about four years now. However, the exchange’s close proximity to the now-defunct crypto exchange FTX, has prompted them to ask for new information in the said investigation. The investigation In the last couple of months, financial firms have been contacted by…
Last week, federal authorities arrested the founder of Mutant Ape Planet, Aurelien Michel. The NFT collection founder was accused of operating a scam scheme known as ‘NFT rug pull’. However, it appears that may have been just one of the numerous scams that Michel may have pulled off. Allegations On Friday, ZachXBT, a prominent blockchain…
