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Why Is Crypto Tanking: The FTX-Binance Drama Explained
9.11.2022
The world’s largest crypto exchange, Binance, bailed out one of its major competitors, FTX, in an event that shocked the crypto industry and is catching the attention of regulators
Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’
9.11.2022
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital...
Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
8.11.2022
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com...
What are crypto whale trackers and how do they work?
6.11.2022
Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements
Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day
6.11.2022
Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though...
What is Humanode human-powered blockchain?
5.11.2022
Humanode is the decentralized crypto-biometric network based on 1 human = 1 node = 1 vote ethos that brings Sybil resistance to the crypto space
Elon Musk Says Twitter to Charge $8 per Month for Blue Checkmark Verification — Plans to Reward Content Creators
1.11.2022
Tesla, Spacex, and Twitter boss Elon Musk has decided to charge $8 per month for users of the social media platform to have a blue checkmark. “This will also give Twitter a revenue stream to reward content creators,” Musk explained, adding that “it is the only way to defeat...
Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’
27.10.2022
Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday that “one...
20 Tips I Wish I Knew Before Playing Marvel Snap, 2022's Best New Card Game
27.10.2022
Hey, punk. You wanna be like the The Unbeatable Squirrel Girl? Okay, maybe let’s not start an argument over who the most powerful Marvel character really is because nobody is coming out of that one alive. We are here to help you hulk out in the best new card battler around, and by the time we’re...
Are crypto trading bots legit?
26.10.2022
A tool for professional traders, crypto trading bots are increasingly popular among retail investors for the automation they offer
‘Basically a Savior’: Why Crypto Is So Popular in Turkey
25.10.2022
In Turkey, crypto represents freedom from inflation, national currency and the constraints of corporate life, advocates say
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’
24.10.2022
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid...
The Art of Trading Without Trading
24.10.2022
Dollar-cost averaging may be better for your crypto portfolio – and your soul – than active trading. This article is part of CoinDesk’s Trading Week
Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis
23.10.2022
Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to volatile macro events, including high inflation, an appreciating dollar, rising interest...
What are the risks of the Ethereum Merge?
16.10.2022
The mammoth task of merging Ethereum’s mainnet and Beacon Chain is finally complete, but what are the risks?
What are CC0 NFTs, and why are they important?
15.10.2022
A CC0 (Creative Commons Zero) NFT is an NFT with a copyright in which the owner permits anyone to use the NFT for commercial gain
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’
10.10.2022
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute...
Crypto Chart Patterns Explained: How to Read Bitcoin Charts
10.10.2022
You may have come across terms thrown about in the crypto space, such as “head and shoulders,” “rising wedges,'' and “cup and handle.” These are used by traders when analyzing crypto chart patterns. In this guide, we will explain how to read bitcoin charts and highlight popular crypto chart...
India’s Central Bank RBI Publishes Digital Currency Details — Confirms Digital Rupee Pilot Launching ‘Soon’
9.10.2022
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that “multiple technological options shall be tested...