Worried about the prospect of a recession coming next year? Well, that sounds like a mild scenario, if Michael Burry’s prognosis is anything to go by. The investor whose famous bet against the US hous...
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Polygon co-founder addresses criticisms the project is just as bad as Solana
Polygon co-founder Sandeep Nailwal went on the defense against “ecosystems who are feeling defeated & jealous.” The comment was motivated by a tweet from Mert Mumtaz, the co-founder, and CEO of He...
Bitcoin Mining Sector Struggle Continues, Marathon Unable to Recover Deposit
The recent crypto winter did come quite harsh for the broader crypto market which evidently impacted cryptocurrencies and related operations. It was very much likely to affect crypto and bitcoin minin...
Will XRP Be Deemed a Security and Is Regulating the Only Way?
A renowned entrepreneur predicts XRP will be classified as a security. So is regulating crypto as a security the only way to ensure transparency? The chaos in the crypto industry after the collapse of...
Damn The Torpedoes, America’s Billionaire Investors Go Full Speed Ahead On China
China has been called “uninvestable,” but billionaires continue to bet on the “Chinese miracle.” GETTY IMAGES 2022 VCG Billionaire Ray Dalio has managed money for Chinese clien...
Bitcoin Dealing with FTX Crash
The month of November was an important test for the cryptocurrency world and in particular for Bitcoin, what happened to FTX brought the market down but BTC reacted well in some respects. The conseque...
Coinbase’s Armstrong expects revenue to fall 50% or more, he tells Bloomberg
Coinbase CEO Brian Armstrong said the crypto exchange’s revenue this year will likely be cut in half or more from 2021’s sales number, blaming the state of the industry and shaken investor...
SBF Hires Lawyer of Notorious Offender to Defend Himself
Join Our Telegram channel to stay up to date on breaking news coverage The founder and former CEO of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), is lawyering up again. SBF has taken...
Carvana stock crashed another 45% on Wednesday: here’s why
Shares of Carvana Co (NYSE: CVNA) crashed as much as 45% this morning as growing concerns related to bankruptcy weighed on the stock price. Carvana stock could eventually be ‘worthless’ On Wednesday, ...
Genesis Withdrawal Freeze Has No Imminent Solutions, Says Interim CEO
A letter from Genesis Interim CEO Derar Islim to customers on Wednesday suggested that the firm’s withdrawal freeze likely won’t be resolved for “weeks” to come. The letter, first viewed by CoinDesk,...
‘Yields last seen in 2009.’ Here’s what you should be earning on a savings account now, but probably aren’t
What savings accounts are paying Getty Images While the average savings account is still paying a mediocre rate (see below), some high-yield savings accounts are now paying more than they have in a de...
LUNC saw a pullback but could a bounce be imminent for Terra Classic?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The lower timeframe structure was bearish However, confluence from...
Congressman Will Pay Over $14K Fine for Violating Crypto Policy
Madison was found violating the rules of Legislators. Madison Cawthorn, a Republican representative of North Carolina, has been instructed to compensate more than $14,000 for his involvement in a cr...
SEC Boss Gensler Addresses Meeting With FTX Founder SBF
The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler spoke about the FTX collapse, the state of crypto regulation, and its cooperation with international regulators. The SEC Chair h...
Oryen Network, Lido Staked ETH, and Apeswap
Yield farming is a common practice in the DeFi sector that is used to maximize returns. It can be used to earn crypto. A yield farmer can use numerous tactics to maximize output. For instance, they ca...
BNB and BUSD sway holders with proof of reserves
Advertisement     Cryptocurrency can be very beneficial for holders as it can potentially give them high yields due to its volatility and decentralized nature. In addi...
Crypto Lender Nexo To Leave United States, Citing Lack of Regulatory Clarity
Switzerland-based crypto lender Nexo is announcing plans to cease its business operations in the United States. The crypto lender says that the decision is influenced by the regulatory and policy land...
FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal – Bitcoin News
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pus...
‘Wednesday’ Is Netflix’s Third Most-Watched English Show In Just Two Weeks, Aiming For #1
Wednesday Netflix Netflix may have its peaks and valleys, but 2022 is definitely a peak in many ways, at least in terms of how its series are performing. Netflix has stumbled upon another unlikely meg...
Gate.io pledges $100M to revive crypto and rebuild investor confidence
In a move to tone down the negative impacts of the bear market and recent ecosystem collapses, crypto exchange Gate.io has launched an industry liquidity support fund with an initial commitment of $10...
FBI arrests blockchain startup CTO for allegedly stealing over $1 million
U.S. authorities have arrested the former chief technology officer and co-founder of Blockparty, a blockchain events startup, for allegedly stealing over $1 million of crypto and fiat from the firm. ...
Sam Bankman-Fried Could Go to Prison for a Very, Very Long Time
Here’s the thing: It seems impossible that FTX could have afforded those investments, along with its other vast expenditures, simply from three years of exchange revenue and its own venture capital in...
Binance’s Bitcoin Reserves Are Overcollateralized, New Report Says
Binance, the world’s largest crypto exchange by trading volume, released a new report on Wednesday from global financial audit, tax and advisory firm Mazars showing that Binance’s customer bitco...
Polygon (MATIC) Slammed by Solana Cheerleader for Centralization and Low TPS, Co-founder Responds
Vladislav Sopov Mert Mumtaz, co-founder and CEO of Helius, a Solana infrastructure application, published rage-filled anti-Polygon tirade; Sandeep Nailwal addressed controversy Contents Solana (SOL) i...
Venture Capitalist Kevin O’Leary Says He Plans To Recover Lost Funds From FTX Collapse After Full Investigation
Shark Tank star Kevin O’Leary says that he has plans to recover the funds he lost from collapsed crypto exchange FTX. In a new interview with Yahoo Finance, O’Leary says that FTX should undergo a full...
Texas seeks to incentivize Bitcoin miners to lower consumption during peak hours
Texas State, yesterday, Dec. 6, offered an interim, voluntary power curtailment program for “Large Flexible Loads (LFL),” intended to give bitcoin miners incentives to lower their power consumption du...
Cubs Step Up To Add Taillon Despite Booming Market, Broad Interest
NEW YORK, NY – JUNE 05: Pitcher Jameson Taillon #50 of the New York Yankees delivers a pitch against … [+] the Boston Red Sox during the first inning of a game at Yankee Stadium on June 5,...
Kazakhstan’s parliament moves forward on Bitcoin mining legislation
Kazakhstan is advancing new legislation to regulate local crypto miners. Kazakhstan’s Majalis, the federal parliamentary body, has approved the second reading of a bill “On the Digi...