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OPINION
The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
Binance-owned WazirX exchange in India is once again embroiled in a controversy related to Bitcoin transactions that amounted to 2,790.74 crore rupees. The Directorate…
BLOG
Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
LATEST POSTS
Apple is looking for experienced executives for the role of Business Development Manager to negotiate in potential digital payment and cryptocurrency collaborations. Tech giants like Tesla, Microstrategy, and SquarePay have already joined the crypto bandwagon. Speculations about Apple entering the digital currency space have been gaining momentum over the…
The total crypto market capitalization has witnessed a loss of about $700 billion within just seven days The fall in Bitcoin price last week led almost 1/4th of the unique wallets holding Bitcoin to face major losses. However, the situation is strikingly similar to previous extreme market plunges that…
The most recent incident for the cryptocurrency market crash last week was identified as the banning of crypto based financial services by the Chinese government. The average usage fees for Bitcoin fell by 81% having reached an ATH of $62.77. During the same time, Ethereum fees dropped from around…
The report was published by Galaxy Digital, a crypto mining company of Michael Novogratz. Bitcoin’s energy consumption is below 114 TWh, whereas the traditional financial system consumes over 260 TWh & the gold industry consumes over 240 TWh per year. The crypto market lost $500 billion after Tesla discontinued…
Individual actions of Elon Musk & Vitalik Buterin caused a 17% drop in Bitcoin prices and a 30% drop in SHIB coin prices. Vitalik Buterin withdrew 90% of Shiba Inu coin liquidity from Uniswap. A total of 15,791 Ether was withdrawn from Uniswap by Vitalik Buterin. Elon Musk &…
To prevent client exodus, UBS is considering offering investment opportunities in the digital assets space. Ralph Hamers, the new CEO of UBS, has been tasked to ax high costs and increase UBS’ revenue. UBS may offer digital asset investment opportunities through third-party investment vehicles. The Swiss banking behemoth UBS…
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