Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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In this article, I briefly explain the threats involved and why these companies can NEVER win the adversarial game against hackers when such a big bounty is at play.
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Major digital-asset service providers started disclosing their reserve money following the unrest and mistrust that the FTX liquidity and insolvency controversy produced in the cryptocurrency market.
WazirX’s proof of reserves was published by CoinGabbar, a third-party portal that tracks cryptocurrency holdings. WazirX had $285 million in total user assets as of the time of writing, which was represented by the stablecoin USDT, which is linked to the dollar. Keep Reading »
Voyager Digital, a bankrupt cryptocurrency lender, has gained preliminary court clearance for its plan to sell $1.02 billion worth of assets to Binance.US. The permission comes as Binance is under investigation for national security reasons. Voyager is attempting to accelerate the US.
According to a Bloomberg report, Judge Michael Wiles of the Southern District of New York Bankruptcy Court permitted Voyager to execute the asset acquisition agreement and obtain creditor clearance on January 10. However, the deal won’t be finalized until after another court hearing. Keep Reading »
Coinbase Global, a cryptocurrency trading platform, has revealed the loss of roughly 1,000 jobs as part of a reorganisation plan. This represents about 20% of the company’s global workforce composition.
On January 10, Coinbase CEO Brian Armstrong formally announced that the business would eliminate 950 positions as part of efforts to slash operating expenses by about 25% in the midst of the prolonged crypto cold season. Keep Reading »
Despite the current industry crisis brought on by the FTX collapse, the Hong Kong government is still committed to building out the infrastructure for cryptocurrencies.
Paul Chan, the financial secretary for Hong Kong, claims that in 2023, local regulators and the government will be willing to work with fintech and cryptocurrency startups. Keep Reading »
We saw the highest of Number of Sales on 31st December which was 18.6K and the Lowest of number of sales was recorded on 2nd January which was 12.9K. This Metric showed an overall Decrease.
TKO Price Analysis January 2023
TKO is a token of the platform Toko Token. Its current price is around $0.2631 at the time of writing, with a low of $0.1722, and it has a market cap of 28 million dollars. Keep Reading »
WOO Price Analysis January 2023
WOO is a token of the platform WOO Network. Its current price is around $0.1678 at the time of writing, with a low of $0.102, and it has a market cap of 247 million dollars. Keep Reading »
MATIC Price Analysis January 2023
MATIC is a token of the platform Polygon. Its current price is around $0.8084 at the time of writing, with a low of $0.3228, and it has a market cap of 7 billion dollars. In addition, Polygon, a company that specializes in accelerator programs and investment, has announced the launch of its newest initiative called “Orbeon Protocol,” which will be set up to increase its following after a surge of 805%. Keep Reading »
SOL Price Analysis January 2023
SOL is a token of the platform Solana. Its current price is around $13.36 at the time of writing, with a low of $8.14, and it has a market cap of 4 billion dollars. Keep Reading »
Top 5 Crypto to Buy in 2023
The cryptocurrency market is one of the most volatile markets in the world, with a lot of uncertainty and risk.
However, it is still one of the best investment opportunities for long-term investors. Experts believe the crypto market will be worth around $200 trillion by 2030.
As of now, Bitcoin is only a fraction of this market, with more money likely to be in altcoins such as Ethereum. There are more than 20000 possible crypto assets to invest in today, and trying to find the best ones can be challenging. These are the top 5 cryptos to buy in 2023. Keep Reading »
Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA
FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »
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