Sam’s Club, a subsidiary of Walmart, has taken a major step in exploring the potential of blockchain technology. The company has filed several patents related to cryptocurrencies, non-fungible tokens (NFTs), and virtual reality. This move shows that the company is…
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Can Bitcoin Make You Rich?
The use of objects with perceived value as a medium of exchange dates back to ancient times. It is believed that our ancestors traded using the barter system before money was used. We are now in the digital assets and…
Why Crypto Rally took a Sudden Pause?
Crypto’s total market capitalization surpassed $1 trillion as of February 02. But all of a sudden Bitcoin, Ethereum, and other major cryptocurrencies paused along with stock markets. Both crypto investors and stock market investors are disappointed with the unfavorable results of the…
UK Takes Steps to Strengthen Crypto Market with New Regulations
Overview The United Kingdom’s Government has recently announced ambitious plans to regulate the crypto-asset industry. This is in response to the growing concern about the risks associated with crypto assets and the need for greater consumer confidence and clarity in…
Cryptocurrency Pitfalls Need to be Mitigated – Whitehouse
In January 2009, Satoshi Nakamoto mined the first Bitcoin (BTC) block. Back then, not a lot of people cared or heard about Bitcoin or Cryptocurrency. It was called magic internet money and was described as a fad. People did not…
Is USDC the Most Promising Regulatory-compliant Stablecoin?
The cryptocurrency space has its share of bad actors. This is one of the reasons a lot of investors are having second thoughts about dipping their toes in digital assets. Circle’s USDC stablecoin is being marketed as one of the…
Genesis & Huobi Forced to Cut Workforce as Market Struggles
According to a company representative, Genesis Global Trading laid-off employees on Thursday. Derar Islim, the interim CEO, stated publicly prior to the announcement that the company needs more time to find an appropriate solution to its current problems. 30% of…
Silvergate – Cryptocurrency-focused Bank is in a Pickle
Shares of Silvergate Capital, a crypto-focused bank, fell by 46% to $11.76 on Thursday after the company announced plans to lay off 40% of its staff, or approximately 200 employees. Silvergate has also halted its plans to launch a digital…
Genesis Forced to Cut Workforce as Market Struggles
According to a company representative, Genesis Global Trading laid off employees on Thursday. Derar Islim, the interim CEO, stated publicly prior to the announcement that the company needs more time to find an appropriate solution to its current problems. 30%…
Rumors of Layoffs at Huobi Denied, But Concerns Persist
According to reports on Twitter, the cryptocurrency exchange Huobi has laid off employees and ceased internal communication, prompting some members of the community to advise users to withdraw their funds. However, an exchange adviser has denied these rumors. On January…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
