Experts say that the collapse of the FTX exchange is the end of cryptocurrency and associated venture capitalism. But it isn’t. king, but in reality, crypto never had a king. FTX could mean a lot of Americans using unregulated exchanges, and it certainly is the end of native exchange tokens, but crypto itself hasn’t changed […]
Let’s move on from FTX’s collapse and get back to the basics Read More »
The FTX hacker reportedly traded around $50 million from $Dai to $Ethereum in a state of “panic,” according to Arkham intelligence agency. This hack is rumored to be an inside job, and Kraken CEO Nick Percoco confirms they know the attacker’s identity. According to security firm Hacken, to exploit FTX’s cold storage wallets, the hacker
Sam Bankman-Fried updates investors: ‘We got overconfident and careless, claims $13B leverage. Former FTX CEO Sam Bankman-Fried said he was “wrong” in his estimates of the cryptocurrency exchange’s leverage before its collapse, claiming that it was not $5 billion but $13 billion. In a November 16 Twitter thread, Bankman-Fried said influence on FTX had increased
Nike unveils NFT platform This week’s newsletter examines approximately how the FTX contagion caused the sale of a set containing high-price tag nonfungible tokens (NFTs). Check out the struggles in onboarding artists to Web3 via NFTs and discover approximately OpenSea’s choice to sooner or later put royalties into effect on all collections inside its NFT
Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15 Read More »
Elon Musk Names Dogecoin As One Of Three Cryptos With A Good Future Dogecoin remains Elon Musk’s favourite cryptocurrency, and the billionaire’s belief in the meme coin seems unbroken. As the crypto winter progresses, there is much speculation as to which projects could move forward and become stronger. They are still the most prominent cryptocurrencies
Elon Musk Names Dogecoin As One Of Three Cryptos With A Good Future Read More »
Crypto lending platform Salt has halted withdrawals and deposits, mentioning the effect of the crumble of crypto trade FTX. Crypto lending platform Salt paused withdrawals and deposits in line with an organization’s electronic mail dispatched to customers. The organization stated in a message attributed to CEO Shawn Owen that “the crumble of FTX has impacted
Crypto lender Salt halts withdrawals citing FTX impact Read More »
Although the blockchain seems as sophisticated as it can be, its core concept is simple. A database or blockchain is a type of digital ledger. To understand the idea of a blockchain, it is first necessary to understand what a database is. It is. A database is a collection of data stored in a computer
What is a blockchain in cryptocurrency? Read More »
Applied Digital will borrow up to $15 million from Vantage Bank Texas. The new funds will benefit the company’s Texas facility, which is currently under development. Hosting provider Applied Digital, formerly Applied Blockchain, has secured a $15 million loan agreement with Vantage Bank Texas to expand its operations in the state. So far, the company
Bitcoin hosting provider Applied Digital secures $15 million loan to expand in Texas Read More »
Museums, individuals and initiatives in the metaverse have used non-fungible tokens (NFTs) as a new medium to reinvent themselves in front of their fans. Frida Kahlo’s family unveiled never-before-seen artworks and artists’ artifacts on the metaverse platform Decentral and during their art week in August. In Belgium, the Royal Museum of Fine Arts in Antwerp
Will museums of the future be giant NFT galleries? Read More »
Payments company Visa ended its partnership with cryptocurrency exchange FTX after its crash. In October, FTX announced the launching of a Visa debit card in more than 40 countries. Payments company Visa has ended its partnership with FTX amid the ongoing collapse of cryptocurrency exchanges. “The situation with FTX is unfortunate, and we are closely
Visa ends crypto debit card partnership with FTX Read More »
