In a series of recent discussions, Changpeng Zhao, the CEO of Binance, one of the globe’s largest Bitcoin and cryptocurrency exchanges, shed light on his predictions surrounding the anticipated Bitcoin halving event slated for 2024. This quadrennial event is believed by many in the cryptocurrency community to be a pivotal moment that could significantly impact […]
The stablecoin market has faced a stringent decline over the past eighteen months, reflecting a broader skepticism enveloping the cryptocurrency arena. During this period, the market capitalization of stablecoins plummeted by 35%, descending from its zenith of $189 billion in May 2022 to $124 billion, according to crypto data provider DeFiLlama1. This decline underscores a […]
A campaign against FloorDAO, an NFT (Non-Fungible Token) finance-focused crypto group, led to a forking of the entity into two separate entities. This move was an effort to shake off the activist investors who had amassed an influential stake in the project, resulting in a substantial bounty payout of $2.5 million. FloorDAO operates with a […]
In a world where digital currencies are steadily gaining ground, Shiba Inu, a cryptocurrency project, is breaking new ground by teasing a covert partnership with Bad Idea AI. This alliance marks a bold foray into artificial intelligence (AI) for Shiba Inu, spotlighting the boundless potential of blockchain when intertwined with cutting-edge technologies like AI. A […]
In a high-profile case rocking the cryptocurrency world, FTX’s co-founder Sam Bankman-Fried (SBF) faces severe allegations of misappropriating customer funds, as testified by his former colleague, Gary Wang. The ongoing trial unveils a darker side to the once-celebrated crypto entrepreneur, as multiple allegations surface, threatening not only his reputation but casting a long shadow on […]
In an era where traditional banking systems often come under scrutiny for their outdated frameworks, a former banker, Kyren, has spotlighted XRP as a trailblazer in the payments industry. Through a comprehensive post on platform X, the ex-banker elucidated the myriad limitations inherent in current banking setups, advocating for a transition towards more modern, cryptocurrency-based […]
Hong Kong’s law enforcement agencies and financial regulatory bodies have joined forces to establish a dedicated task force aimed at intensifying their scrutiny of cryptocurrency exchanges. The collaboration between the Hong Kong Police Force and the Securities and Futures Commission (SFC) was announced in response to growing concerns surrounding suspicious activities within the crypto market. […]
Introduction Forex, or foreign exchange, is the largest and most liquid financial market in the world. It involves the buying and selling of currencies with the aim of making a profit from the fluctuations in their exchange rates. Trading forex can be a lucrative venture, but it requires knowledge, practice, and discipline. In this beginner’s […]
