The collapse of FTX marked one of the most significant financial events in the cryptocurrency sector, creating shockwaves across the global financial markets. Customers, investors, and creditors were left in a lurch, as billions of dollars worth of assets were…
24% Drop to $103 Million in NFT Sales – 3 Reasons Behind the Decline
The Non-Fungible Token (NFT) market experienced a huge decline, with sales dropping 24% to $103 million. Several key factors have contributed to this drop, which we’ll explore in detail. The story of NFT sales is complex, marked by rapid growth…
Alameda’s Massive Financial Deception: An Unveiled Chaos to Crypto World
In a Manhattan federal court, Caroline Ellison, the former CEO of Alameda Research, resumed her testimony against Sam Bankman-Fried, CEO of FTX and owner of Alameda’s, FTX’s sister company. A complex web of personal and professional relationships intertwined, leading to…
FTX Bankruptcy Due to Complete Failure of Corporate Control at every level
John Jay Ray III, FTX’s current CEO, has filed a declaration in support of the crypto company’s bankruptcy proceedings. The court document revealed questionable business practices within FTX. In the financial industry, John is known for masterfully handling the bankruptcy…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
