Nexo Capital appears to be having a bad week. Bulgarian authorities said on Sunday that they had evidence of its clients conducting illegal activities via its platform. This included financing terrorist activities, ‘tax offenses’ and money laundering. All of these claims have been denied by the crypto lender. The troubles But, things went downhill from…
The bankruptcy restructuring team of FTX has repeatedly claimed that both the US and international exchanges of the company are missing customer funds worth millions. However, Sam Bankman-Fried, the former CEO of the company, has stated that the team is wrong in its claim. The presentation John Ray is the new CEO of FTX, and…
The largest crypto exchange by transactions volume, Binance has just made another major announcement in regard to its expansion. The officials made an announcement on January 18 pertaining to increasing their influence and network in other parts of the world. As per the latest announcement, the exchange is planning to expand its services in Poland….
The mainstream adoption of the cryptocurrency industry has become undeniable in recent years. The cryptocurrency industry has been growing its network inside the mainstream industry for a while. It is now a fact that the cryptocurrency industry’s expansion cannot be stopped in the mainstream industry. Therefore, it is important for mainstream institutions to accept the…
The co-founder and CEO of the Gemini crypto exchange, Cameron Winklevoss, has publicly accused Genesis, the crypto broker, along with its parent firm Digital Currency Group (DCG), of fraud. He also demanded that Barry Silbert, the CEO of DCG, step down from his position. A number of allegations have been made about serious wrongdoings in…
Data from Nansen on Sunday showed that there was a slowdown in the number of withdrawals from Singapore-based crypto exchange Huobi. This was despite a recent drop in the price of the USDD stablecoin of Tron. On Friday, data had shown that Huobi withdrawals in 24 hours had been a whopping $60.9 million. It was…
Popular Miner BTC.com Hacked It turns out that hackers are not willing to say goodbye to 2022 without leaving an impact. Since last week, they have accelerated their hacking activities. There is hardly a day ever since in which a hack attack hasn’t been reported. First was Defrost, then BitKeep, and now Btc.com, a prominent…
Russia is a tech giant which has achieved so much that a nation can only dream of. Russia’s capability is such that it is the first country to successfully develop and initiate operations of a floating nuclear power plant. Hence, anything could be expected from Russia in terms of technology. In its recent technology evolutions…
Like others, globally famed economist and philanthropist, Peter Schiff, is also celebrating Christmas and holidays. However, even on holidays, he seems to be keeping an eye on the crypto industry and has the advice to share. Since he openly opposes the digital asset industry, hence, his advice would of course be discouraging for the industry…
Ethereum has shown a notable price trend; in the past week, the price of ETH was higher. Previously its price fell slightly below the $12k mark. However, recently the price of the token has increased. Crypto analysts believe that if ETH bulls fail to give currency the much-needed momentum above the $12k mark, then chances…
MetaMask, one of the most prominent and highly adopted cryptocurrency wallet providers has made an announcement pertaining to Wyre. The wallet provider has announced that it is no longer going to provide support to the cryptocurrency payment platform. Why the Decision? The officials at MetaMask have also provided the reason behind their immediate decision to…
BMW, one of the most popular car manufacturing companies in the entire world and based in Germany wants to become part of blockchain technology. The company has revealed its intentions of exploring blockchain technology. It is also eager to tap blockchain technology into the operations that it carries out on a daily basis. On top…
