Meta platforms had a poor outing in the second quarter of this year. It is the first time since its inception that the social media behemoth saw a massive income drop. Recent Reality Labs Loss The company published an announcement Thursday where it stated that its Reality Labs saw a quarterly loss of $2.81 billion….
The series of law actions between blockchain and cross-border payment company Ripple and the SEC seems to favor the XRP token. The token is currently making bullish momentum, and there are speculations of the token spiking above Solana and others. All the pasts sessions in court have ended up in Ripple’s favor. However, the final…
The current situation in the crypto market seems to be causing turmoil for different companies in the space. The steep decline in tokens, NFT, and cryptocurrency market prices seems to have put many cryptocurrency firms and companies in debt. Despite the bearish eruption in the crypto space, big companies are buying out crumbling platforms at…
The House of Representatives delayed the bipartisan bill because of more negotiations and debates. The lawmakers proposed the bill to discuss the risks of stablecoins in the cryptocurrency markets. Stablecoins constitute a minute part of the cryptocurrency market capitalization, but they are traded in high volumes. Investors often use stablecoins and other crypto users to…
Every transaction (buying, selling, transferring) on a cryptocurrency network includes execution fees. However, the gas fee charged on each cryptocurrency differs; some may be higher or lower. Giant cryptocurrency ETH is one of the cryptocurrencies with the highest gas fee charges. This high fee charge is owing to the high transactions and activities on its…
Steve Bassi stated that awareness about cyber security is being shortened by excessive data research. He also stated that for the progress of cybersecurity, blockchain needs to be infused into the space. The Need to Leverage Blockchain in Cybersecurity The blockchain space is progressing daily, but cybersecurity is a very important factor for the safety…
Dogecoin has released its latest update and it has gone live. Core 1.14.6 comes with significant improvements and features in its user interface. Dogecoin announced the update via its Twitter account on Thursday. Publication Update Details about the update were posted on Dogecoin’s GitHub page on Thursday. It stated that it is just a minor…
During the past few days, ETH has maintained its $1,450 support level, fluctuating around the price area. However, the coin may exceed $1.7k if it breaks the $1.6k barrier level. The coin down surged to almost $1,450 support area before the trendline went bullish again. ETH Market Action/Price High Support ETH is currently trading at…
Despite the predictions of bear in the cryptocurrency/ETH market, it seems some investors see a bull run soon. The cryptocurrency market as a whole has been moving in a downtrend for the past few months. Extreme fear, uncertainty, and doubt have been very high in the marketplace. Although, there was a bull rally on the…
Indications of a bear market and stock price meltdown have continued to create fears in investors, bodies, and companies. Fear, uncertainty, and doubt are currently high in the stock and cryptocurrency market. People are being SkyBridge Capital Temporarily Stops Funds Withdrawal Due to the high upsurge of inflation in the market, the Federal Federal Reserve…
The second quarter survey of the Bitcoin Mining Council has been announced. The survey showed that the electricity mix of the entire mining industry sustainability reached 59.5%. Technology and Energy Usage A 59.5% sustainability mix means it’s the 5th consecutive quarter when the Bitcoin power mix stood over 50%. Tesla put a halt on accepting…
According to the report made by the United States of justice, the FBI agency successfully pulled off a recovery mission from a hacking group. Two healthcare centers were reported to have been attacked by a cyber-crime group. The investigation later revealed their affiliation with the North Korean Government. Two U.S. Healthcare Providers, Victims of The…
