How to stay safe amid a flood of crypto frauds

Some individuals are under the impression that it will take the place of the conventional financial system and are excited to be a part of the transition. What could possibly go wrong here? Maybe you are not linked with reliable trading bots like bitcoin prime and your investments are con artists who have the intention … Read more

ConsenSys slashes workforce by 11% due to unfavorable macroeconomic conditions

Distributed ledger technology (DLT) firm ConsenSys has announced that it will be slashing its staff strength by 11% to navigate through a rough patch caused by unfavorable macroeconomic conditions. ConsenSys CEO Joseph Lubin disclosed in a blog post that the terminations would allow the firm to focus on its core business rather than the exploration of diverse … Read more

Network Capital, Decentralized Bank and Renewable Energy Project Pays Interest of 250% Per Month to Holders

Network Capital, a renewable energy project paying 250% interest to its holders, has announced that the $NETC staking protocol will allow a daily 7% on users’ investments. Network Capital, Decentralized Bank and Renewable Energy Project Pays Interest of 250% Per Month to Holders Network Capital – An Overview A team of highly proficient crypto experts … Read more

Market hedged the shortest amount in over 2 years as Bitcoin rose to $21k

Investors betting against Bitcoin grew to some of the highest on record as markets welcomed the new year. Bears were seemingly in complete control of the price action as Bitcoin teetered above $16,000. However, CryptoSlate analysis has found that those shorting Bitcoin were not in as strong a position as investors first thought. The purchase of … Read more

FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner

Amid ongoing investigations around the defunct crypto exchange FTX, the Commodity Futures Trading Commission (CFTC) questions the due diligence conducted by institutional investors and their accountability regarding the loss of users’ funds. CFTC Commissioner Christy Goldsmith Romero stated that VCs that had to write down their investments in millions of dollars to nearly zero raises … Read more

Blockchain uses – the real expansion has just begun

Blockchain is changing industries and bringing the benefits of the new technology to every day life. Medical innovation and data confidentiality are big trends. Blockchain technology in gaming, supply chain management and digital identity verification are also huge steps. In recent years, application cases for blockchain have extended significantly beyond bitcoin, with various businesses embracing … Read more

South Korean court rules NFTs as speculative and not protected under legislation

A South Korean court has ruled that non-fungible tokens (NFTs) are not protected under local laws because of their speculative nature. Yonhap News Agency reported that the court ruling confirmed the ban on the domestic distribution of Play-to-Earn (P2E) games in the country. The ruling is made in connection with P2E game the lawsuit filed by “Five Stars for Klaytn” developer … Read more

Cardano (ADA) and EOS Represent Good Opportunity to Buy – Don’t Miss Out on Orbeon Protocol (ORBN) Presale

Experts believe that the most notable cryptocurrency projects for 2023 are Orbeon Protocol (ORBN), Cardano (ADA), and EOS.  Orbeon Protocol is leveraging equity-based NFTs to transform the venture capital industry. Orbeon Protocol (ORBN) is in phase 3 of its presale.  With analysts anticipating growth of more than 6000% during the presale, Orbeon Protocol (ORBN) is … Read more

Bitcoin surpasses $22k as 20k BTC pulled off exchanges

Quick Take: Jan. 20 saw 20k BTC pulled from exchanges. The majority of the coins have been pulled from Binance — roughly ~13k Bitcoin. Over $100 million has been liquidated in the past 4 hours. Bitcoin: Balance on Exchanges (Source: Glassnode) Bitcoin Price (Source: TradingView) The post Bitcoin surpasses $22k as 20k BTC pulled off … Read more