• Elon Musk and Billy Markus (Shibetoshi Nakamoto) discussed Jim Cramer’s market advice in a debate on Twitter. • Cramer had suggested that investors use the latest crypto price rally as an opportunity to sell their stash, however the markets have kept going up. • Elon Musk supported the “Inverse Cramer” strategy which bets against […]
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Blockchain.Com Quits Asset Mgmt After Less Than Year: Report
• Blockchain.com started out as a blockchain explorer and later expanded into wallet services, exchange, and asset management services. • The asset management division of the firm (BCAM), however, has announced its plans to wind down due to market conditions. • BCAM was geared towards high-net-worth individuals and institutional investors with the promise of lower […]
Bitcoin Price Set to Skyrocket on Potential Oil Crisis: Arthur Hayes
• Arthur Hayes, the co-founder of BitMEX, has published an essay outlining potential situations that could cause a global oil supply shortage and lead to Bitcoin’s price skyrocketing. • Hayes argued that such a situation would likely result in central banks around the world returning to a market-friendly loose monetary policy. • He detailed three […]
$140M Stolen Assets Recovered in Wormhole Bridge Exploit
• Wormhole Bridge Exploit: $140M Worth Stolen Assets Recovered • A group of white hats, along with two crypto firms, launched a “counter-exploit” against the malicious entities and clawed back a portion of stolen assets • Oasis received an order from the High Court of England and Wales to take all necessary steps to retrieve […]
Sony Network & Astar Network to Co-Host Web3 Incubation Program
• Sony Network Communications has partnered with Polkadot’s innovation hub, Astar Network, to present a Web3 Incubation Program. • The program will run from mid-March to mid-June and will focus on the utility of DAOs and NFTs. • Startale Labs will also collaborate with Sony Network and Astar Network for the Web3 event which is […]
Millennials View Bitcoin as a Safe Haven: Survey
Overview • A study by BanklessTimes revealed that 67% of millennials aged 27-42 consider bitcoin a safe haven. • Millennials are more likely to invest in BTC than older generations due to its decentralized nature and fixed supply cap. • Most millennials that participated in the survey believe bitcoin will go mainstream in the following […]
Texas BTC Miners Face Challenges After Storm: Report
• The recent ice blizzard that passed through Texas caused domestic BTC miners to halt activities for a while. • Bitcoin miners located in Texas reportedly suffered severe disruption of their operations due to the extreme weather conditions. • Some miners had to switch off their machines to preserve the local power grid and protect […]
2019 Bitcoin Buyers Back in the Green as Prices Hit New Highs
• Bitcoin prices have risen to a new yearly high and have placed buyers from 2019 back in the green. • Buyers from 2020 and 2021 are still in the red on average, with prices needing to move above $28K for them to see a profit on holdings. • According to Glassnode, the average withdrawal […]
: Binance Banking Partner Ignores Transactions Under $100K Amid FDIC Warning
1. Binance’s banking partner is reportedly set to start ignoring transactions under $100K due to a recent FDIC statement and the implosion of FTX. 2. The FDIC has declared that offering crypto products and services is considered a high-risk activity by traditional banks. 3. Crypto markets have been showing strong signs of recovery, but financial […]
Earn Rewards on Ethereum with Liquid Staking Protocols!
– Ethereum Liquid Staking protocols have been gaining value since the start of 2023 as the Shanghai upgrade approaches. – Liquid Staking is a new consensus algorithm that replaces Proof of Work to fulfill the Ethereum roadmap for scalability, decentralization and security. – Key Ethereum Liquid Staking protocols are Lido, Rocket Pool and Ankr. Ethereum […]