Research has found that only 16% of unbanked Americans cite a distrust of banks as their primary concern The minds behind Wallex believe that crypto can help the unbanked through blockchain-driven neo...
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Crypto Recruiter Inflection Points Raised Over $12 Million Fundings
Like the crypto market’s ups and downs, hiring in the crypto sector also experiences similar booms and bows, Anthony Pompliano. Crypto hiring firm – Inflection Points has successfully made...
Will Celsius Bankruptcy Filing Safeguard It From Crashing Down?
3 hours ago | 2 mins read Exchange News Celsius filed the Chapter 11 bankruptcy protection. Chapter 11 allows a company to continue operating while restructuring its debt. After a month of turbulence...
Gain 11.3% on surge in energy costs
Inflation hit hard at the wholesale level in June, as producer prices surged a near-record amount from a year ago due to a big jump in energy costs, the Bureau of Labor Statistics reported Thursday. T...
Bitcoin hashrate plummets as Texas-based miners suspend operations
Bitcoin (BTC) hashrate dropped to as low as 159.41 exahashes per second (EH/s) on July 13, its lowest in five months, as Texas-based miners were forced to go offline. According to data from BTC.com, t...
Toyota Reaches Tax Credit Phaseout, GM Refunds Bolt Price Cuts To Current Owners
Toyota’s bZ4X electric vehicle is coming for 2023; unfortunately it won’t be eligible for the full … [+] federal tax credit granted to EV buyers. © 2022 Bloomberg Finance LP Though t...
Celo Grinds to a Halt, Validators “Working to Restart the Network”
Key Takeaways The Celo blockchain has been down for more than 13 hours. In reporting the network outage on Twitter, Celo said that “validators are working to restart the network.” Celo has...
TSLA is losing market share despite rising demand for EVs
Demand for electric vehicles (EVs) is apparently heating up; however, not all brands are fully benefitting from the increased interest. Namely, according to data released by Motor Intelligence, Tesla ...
Celsius Recovers Over $400M in Staked Ethereum Collateral From Aave Loan
The struggling crypto lending platform Celsius has nearly cleared all of its outstanding DeFi debt after recovering 400,000 collateralized Staked Ethereum (stETH) from its loan on Aave. The withdrawal...
Bitcoin Steady While Stocks Fall – Trustnodes
Bitcoin is holding to gains with it up in the past 24 hours by 2.6% while stocks fall some more as Nasdaq drops 1.7%. Both Dow and S&P fell by even more on opening, down circa 2%, ostensibly on di...
The NFT Collection Advocating for Wellness & Positivity
Place/Date: Singapore – July 13th, 2022 at 6:41 pm UTC · 6 min read Contact: Peter Lee, Source: MandalaFON The MandalaFON Launch Event at the Sheraton Towers. Photo: MandalaFON Shambhala Kodo, a...
Crypto’s Richest Billionaire Says Banks Should Be More Involved With Digital Asset Industry
The CEO of the world’s largest crypto exchange platform is advocating for banks to play a larger role in the development of digital assets. Binance chief executive officer Changpeng Zhao says banks se...
JPM Stock, Morgan Stanley Dive After Missing Q2 Views
JPMorgan (JPM) and Morgan Stanley (MS) reported second quarter financial results before market open Thursday that were well below analyst expectations. JPM stock dropped nearly 5% after the opening be...
NY Yankee Pitcher Nestor Cortes Release NFT Collection on ReserveBlock RBX Network
MLB All-Star and NY Yankee Pitcher Nestor Cortes, aka “Nasty” Nestor, announced today that he will be releasing his exclusive NFT collection on the ReserveBlock Foundations RBX Network protocol. A por...
UK courts allow NFTs documents as evidence
The High Court of England and Wales recently enabled the delivery of court documents via NFT using the Blockchain network. This measure was taken for the trial “D’Aloja v. Binance” to give privacy to ...
Inflation continues to rise – The Cryptonomist
New inflation data compiled by the Bureau of Labor Statistics are out and they are not at all reassuring. Inflation shakes markets The US CPI figure reaches 9.1%, surpassing Bloomberg analysts’ forec...
Phishing Attack Alert- $4.7 Million Stolen From The Uniswap Protocol
Hacks and accidental loss of funds have become considerably common in the blockchain industry in recent months. Millions of dollars are stolen from various projects by exploiting bugs found in their c...
Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify
Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a ...
Here’s Why Celsius Users Might Never Get Repaid Post Bankruptcy Filing
Celsius, a crypto lender, halted its operations without prior notice on June 14 and has now filed Chapter 11 bankruptcy with the US Bankruptcy court. The insolvent firm currently has $167 million wort...
JPMorgan (JPM) 2Q 2022 earnings miss
JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks. The actions reflect Chairman and CEO Jamie Dimon&...
Bitcoin and ether see major price swings following US inflation report
Bitcoin and Ethereum whipsawed on Wednesday following a red hot inflation report of 9.1%. Bitcoin briefly jumped above $20,000 initially following the report, before plunging as low as $19,046 (and be...
Bitcoin Dipped below 100-hour MA, Triggering Further Downswing, Analyst Suggests
The crypto community has been waiting with bated breath for Bitcoin (BTC) to make the next move based on the consolidation around the $20,000 zone. Market analyst Ali Martinez believes that a signifi...
Nascar Sponsor Files Bankruptcy
AVONDALE, ARIZONA – MARCH 13: Landon Cassill, driver of the #77 Voyager: Crypto for All Chevrolet, … [+] drives during the Ruoff Mortgage 500 at Phoenix Raceway on March 13, 2022 in Avonda...
Reality Cards Giving a New Meaning to Decentralized Prediction Markets with NFTs – crypto.news
Reality Cards is bringing non-fungible tokens (NFTs) to the decentralized prediction market ecosystem, giving users a never-before-seen betting experience. Reality Cards is now giving away free digita...
What is the Future of Security in the Post Quantum Era? NIST Reveals First Four Quantum-Resistant Cryptographic Algorithms
The U.S government through the Department of Commerce’s National Institute of Standards and Technology (NIST) recently announced that it has selected four encryption algorithms for consideration in it...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
Topline The stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about the economy, while investors continue to worry that surging i...
Why Does Bitcoin Go Crazy Whenever CPI Numbers Are Published?
If you haven’t noticed by now, Bitcoin’s price is going through some serious short-term volatility on the day that the CPI numbers hit. This is not without a good reason. This is arguably one of the m...
New York Yankees will allow workers to convert part of their paychecks into Bitcoin
A major firm in the Bitcoin space, NYDIG, made the announcement today July 14 that it would become the official Bitcoin Payroll Platform for the New York Yankees as part of a multi-year agreement with...
The A-to-Z of Celsius filing for bankruptcy after closing off all debts
Crypto lending platform Celsius has created many headlines across the crypto space over the past two months. In the latest development, Celsius closed off the last of its DeFi debts that it owed Compo...
StarkWare to Launch Token – Trustnodes
StarkWare, one of the most prominent zk-tech based second layer on eth, has announced plans to launch a token. “A permissionless proof-of-stake leader election mechanism and on-chain payment of transa...
CryptoPunk NFT Sells For $2.7 Million – Why These Rare Collectibles Are Resurging
CryptoPunks, despite their weird names, have become a status symbol of sorts and a piece of very valuable digital asset. CryptoPunks may be the most significant NFT project ever produced, according to...