Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
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Binance clarifies it froze Baking Bad corporate account due to law enforcement request, locked assets in agency custody
Binance said it froze Tezos (XTZ) tool contributor Baking Bad’s corporate account because of a law enforcement request and said that Baking Bad is aware of the issue behind the freeze as it was notifi...
BTC Miner Lowers Year-end 2022 Hashrate due to Delayed Intel Mining Rigs
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Crypto lending platforms increase rates due to higher borrowing demand
Savings rates on crypto holdings have increased across lending platforms, despite several high-profile lending firms collapsing in June and July. Following the collapse of Terra, lending companies f...
Ethereum (ETH) to Melt Due To Macro Conditions – CoinShares – Coinpedia – Fintech & Cryptocurreny News Media
The upcoming Merge update, which will convert Ethereum (ETH) to a Proof-of-Stake (PoS) system, is anticipated to bring about positive results for the cryptocurrency market as a whole. However, it has ...
IoTeX poised for more adoption due to top Web3…
The leading provider of crypto market intelligence also said IoTeX aims to bridge the Web3 gap by establishing a single version of the truth for real-world activity IoTeX enables devices to capture an...
Crypto New Casualty – Hodlnaut Sacks 80% Of Personnel Due To Liquidity Distress
Troubled Crypto lender Hodlnaut has laid off 80% of its employees and filed for judicial intervention in Singapore in a bid to decrease costs and stay afloat. On Friday, Hodlnaut, which offers cryptoc...
Bit Mining Reassures Investor due to NYSE Threaten to Delist
NYSE informs Bit Mining as its stocks are trading below $1 for more than 30 successive days. Against the notice, Bit Mining reassures the investors about the investment’s return in the medium to long ...
Huobi Native Stablecoin Momentarily De-Pegs From Us Dollar Due to Liquidity Issues
While writing this article, HUSD, a stablecoin, is trading at $0.9978 and has attained a hike of 13% in the last 24 hours. Huobi intends to receive a Virtual Asset MVP License from Dubai’s Virtua...
Tech Stocks Are Due for Another Fall
Text size Technology fundamentals are getting worse, not better. One example is weakening demand for consumer electronics. Illustration by Barron’s (Dreamtime 4) For years, tech investors seemed...
Huobi Stablecoin Briefly De-Pegs From US Dollar Due to Liquidity Issues
The stablecoin of crypto exchange platform Huobi briefly de-pegged from the US dollar due to liquidity problems. The stablecoin, HUSD, dipped to as low as $0.87 before its liquidity crisis was resolve...
Japan’s SBI Holdings to Close Mining Operations in Russia Due to Ongoing War: Report
Tokyo-based online financial services company SBI Holdings will shut down its crypto mining operations in Siberia, Russia. The company argued that the war between Russia and Ukraine is among the reaso...
Tencent Q2 2022 Financial Report Falls Short of Revenue Forecasts for First Time Due to Covid Resurgence, Gaming Regulation
Tencent ascribed its disappointing Q2 2022 report due to a number of macroeconomic factors. These include Covid resurgence-induced lockdowns and tighter gaming laws for minors Tencent recently posted ...
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes – Exchanges Bitcoin News
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its...
Crypto Crime Dropped by 15% in 2022 Due to Bear Market: Report
It’s been a bad year for crypto so far – between large companies going under, a slew of cyberattacks, and – most importantly – the value of assets taking a nosedive, overall legitimate volumes have pl...
Blockchain Firm Skynet Labs Closed Due to Lack of Funding
Skynet Labs, closed down because of a lack of new fundings. While Skynet and its data will remain online. Skynet Labs, is a decentralised storage and app hosting platform. It was designed to ease the ...
Nasdaq-Listed Eqonex Shuts Down Crypto Exchange Due to Low Volume, ‘Intense Competition’
Publicly traded blockchain services company Eqonex Limited (EQOS) announced on Monday that it will shut down its cryptocurrency exchange operations, citing falling trading volume, “intense market comp...
SHIB and DOGE Spike as Ethereum’s Merge Is Drawing Near and Due to Some Other Factors
Yuri Molchan On Monday, two major meme coins have demonstrated significant price rise, here’s how Bloomberg explains it Contents Three reasons for DOGE and SHIB’s spike Cryptocurrency mark...
Alexander Vinnik’s Extradition Due to Crypto Money Laundering?
Vinnik’s Arrival in The USA Alexander Vinnik, a Russian national, is said to have arrived in the US after a protracted extradition dispute involving the US, Russia, and France on allegations of crypto...
Bitcoin May Test Support Below $10,000 Due to This Pattern Forming: Peter Schiff
Yuri Molchan Regular Bitcoin opponent Schiff continues saying that BTC is likely to drop below $10,000; here are his arguments for it this time Prominent hater of Bitcoin and crypto in general, fund m...
Parents face 529 plan losses as tuition comes due
It’s that time of year for dorm shopping and packing up the kids to head to college. It also means paying tuition and fees. For parents using 529 plans to pay college tuition this year, some may have ...
GNOX (GNOX) Interest Peaking Due To ICO Sell-out By Shiba Inu (SHIB) And Polygon (MATIC) Holders
The Gnox ICO has been a massive success, with the company selling out of its entire allocation in just a few hours. The demand for Gnox has been driven by holders of Shiba Inu and Polygon, who are eag...
Stronghold Digital Mining pushes back Q2 earnings due to ‘significant announcement’
Stronghold Digital Mining pushed back its second-quarter earnings conference call from this afternoon to August 15, the company said on Thursday in a press release. It is now the second mining company...
Binance’s User Count Growing Due to Inflation, Says the Company’s Latin America Head
Maximiliano Hinz – top executive of Binance Latin America – argued that the spiking inflation is the main reason why the largest cryptocurrency exchange has amassed more clients in recent months. Anot...
Europe turns to SpaceX for launch needs due to tensions with Russia
The European Space Agency (ESA) is allegedly in discussions with Elon Musk’s SpaceX to use its launchers, at least temporarily. This discussion comes as a result of the Russian Soyuz rockets being bl...
Tamadoge Beta Sale Sells Out Due to High Demand – The Next Meme Coin to Explode?
‘Meme coin’ sensation Tamadoge has just announced that its Beta sale allocation has sold out – way ahead of the September 2nd deadline. All told, Tamadoge’s team has raised $2 million worth of USDT in...
Zipmex Opens Crypto Withdrawals After Pausing Due To Volatile Markets
The recent crypto winter plunged some crypto firms into insolvency. Also, the collapse of Terra algorithmic stablecoin and its native token, LUNA, aided the devastating effect of the bearish trend. As...
Is The Bitcoin Surge Due To An External Reason? What The Data Suggests
The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading a...
Crypto Lending Platform Hodlnaut Suspends Services Due to Liquidity Crisis – crypto.news
Singapore-based crypto lending platform Hodlnaut has immediately halted all withdrawals, token swaps, and deposits. The company has also stopped all borrowing and lending services due to “prevailing m...
German Crypto Exchange Nuri Applies for Insolvency Due To The Crypto Winter
The 2022 crypto winter has claimed a new victim. On August 9, the German cryptocurrency exchange Nuri filed for insolvency before the Berlin court due to the prolonged bearish cycle that the crypto ma...