Cryptocurrency

Banks are afraid of crypto overtaking money and asset transfer business – Mr. Wonderful

Kevin O’Leary, a Canadian businessman, entrepreneur, and TV personality, gave his insights on the cryptocurrency industry in a Converge 2022 interview. O’Leary, popularly known as Mr. Wonderful, uploaded his interview to his YouTube channel. He enumerated several insights to the…

crypto adoption

Spain LeapFrogs El Salvador to Become Third Largest Crypto ATM Hub

After the United States and Canada, Spain is the official home of the third-largest network of Bitcoin and cryptocurrency ATMs. El Salvador Down to Fourth El Salvador, which has 212 crypto ATMs, is presently in fourth place due to Spain,…

Cryptocurrency

Flasko (FLSK): A New Alcoholic Asset Class For Cryptocurrency Investors

Just like wine, an asset class that consists of rare wines, whiskeys, and champagnes also appreciates over time. Asset Class Worth $1 Trillion The market value of the aforementioned asset class, which has outperformed gold, precious stones, and high-end handbags…

Cryptocurrency

Voyager Sought for Creditors’ Vote for $1.42 Billion Sale to FTX

Distressed crypto lending company Voyager Digital Ltd., is asking for creditors’ consent for its $1.42 billion sale to FTX – a major cryptocurrency trading company. According to a Benzinga report: clients may be able to claw back 72% of their…

Altcoins

Will Crypto.com end up in trouble ?

The Singapore-based Cryptocurrency exchange company Crypto.com is reportedly facing some headwinds. The company announced the layoff of 5% of its 4000-person workforce in June, but the number may be more than that, according to recent news. Advertising and marketing costs…

Cryptocurrency

New Binance Competition Seeks to Identify the Most Popular Cryptos

Binance has launched a competition on Twitter to reward the cryptocurrency community’s supporters with a sizable audience. Binance holds a competition called “The Community Showdown” in order to select the top three crypto projects to be listed on its exchange.…

Crypto Exchange

Kraken Becomes Latest Crypto Exchange to Ban Russian Users

In accordance with penalties imposed by the European Union, Kraken is the most recent cryptocurrency exchange to block accounts of Russian users on its site. Kraken informed its Russian clients via email on October 19 that the exchange is discontinuing…

Blockchain

Aptos: Much-awaited Silicon Valley Blockchain Flops Amid Transparency Concerns

The much-awaited Silicon Valley blockchain startup Aptos, which includes former workers of Meta Platforms Inc. (NASDAQ: META), started logging transactions on Tuesday. But is the buzz justified? The Solana data throughput and Ethereum’s popularity are the targets of the contracts/dApps…

Cryptocurrency

Coinbase CEO to Sell Part of His Stake to Fund Science Research

Brian Armstrong, the CEO of Coinbase, has stated that he intends to sell 2% of his holdings in the cryptocurrency exchange over the course of the upcoming year in order to fund scientific research. Armstrong announced late Friday on Twitter…

Cryptocurrency

Crypto Twitter Reacts to NFT Platform Moving Towards Optional Royalties Model

Solana-based Magic Eden has, albeit reluctantly, become the most recent NFT marketplace to switch to an optional royalties model, following in the footsteps of X2Y2 in August. Customers Can Choose Royalty Amounts The optional royalties model allows customers to choose…