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Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies
24.1.2023
In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the parallel market, according to the latest Bank...
Top Smash Ultimate Player Throws Controller At Tournament, Sparks 'Privilege' Discourse
23.1.2023
Genesis 9, a major fighting game tournament, took place over the weekend. There were stellar combos and massive upsets as the supermajor event for Super Smash Bros. Melee and Ultimate concluded on January 22. Unfortunately, while the tournament was underway, one of Canada’s top Kazuya players...
BudBlockz’s presale success makes it a fan favorite alongside Shiba Inu and Decentraland
23.1.2023
The cryptocurrency industry appeals to innovators from all walks of life and experience levels. Not the least of which is that it has the potential to bring exponential growth unlike anything seen in more traditional industries. BudBlockz (BLUNT) has garnered extensive patronage from many crypto...
When meme? Top crypto memes and their meaning
23.1.2023
Memes have become an important, if somewhat humorous, part of the cryptocurrency community
NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry
23.1.2023
On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses should not commingle customer funds and that customer...
OpenOcean Integrates Verse DEX to Deepen Available Liquidity on Ethereum
22.1.2023
PRESS RELEASE. OpenOcean, a leading Web 3 middleware developer and DEX Aggregator across 19 chains, backed by top investors – Binance Labs, CMS, Altonomy, and more – has integrated with the recently released Verse DEX, Bitcoin.com’s decentralized exchange (DEX), to provide...
Top 3 Reasons Why Crypto Prices Are Not Plummeting After Genesis Bankruptcy News
20.1.2023
Genesis is one of the largest companies in the Bitcoin and crypto space, and has this morning announced that they are to be entering into a chapter 11 bankruptcy filing, after many of the loans that they issued to various parties in the crypto space soured.
Many in the cryptocurrency space...
Genesis Owes Over $3.5B to Top 50 Creditors
20.1.2023
Genesis has over 100,000 creditors between the of its companies that declared bankruptcy
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
19.1.2023
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid...
Upcoming correction in Polygon and BudBlockz offers great buying opportunities
19.1.2023
Crypto investors are always looking for the next big correction to buy into to make some money. However, this time, we might be in for a long run of stable prices and slow growth. It’s exciting because it’s a new frontier, and we’ve never had the chance to invest in something like...
FinCEN lists Binance among the top Bitcoin counterparties of Bitzlato
19.1.2023
FinCEN placed Binance next to the darknet market Hydra as a major counterparty receiving Bitcoin from Bitzlato
Top Crypto Media Site CoinDesk Puts Itself Up For Sale - Is This A Sign of How Deep DCG’s Liquidity Problems Are?
19.1.2023
Crypto news website CoinDesk has tapped advisors at Lazard, a leading financial advisory and asset management firm, to explore a full or partial sale of its business. The move comes as CoinDesk's sister company Genesis has been hit with a liquidity crunch following the collapse of FTX....
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Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
19.1.2023
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance, lax internal...
It’s Taken 16 Years For Us To Realize Mass Effect’s Intro Is Literally Top Gun
18.1.2023
The original Mass Effect is coming up on its 16th anniversary this year, but even now, new secrets are being revealed about BioWare’s science fiction RPG. That’s because Series Director Casey Hudson has confirmed the first game’s iconic text intro is actually an homage to the 1986 movie...
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week
17.1.2023
The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin...
PancakeSwap Price Slips 3% to $3.71 - Should You Buy Dip in This Top DEX Coin?
17.1.2023
PancakeSwap price has started giving back the gains accrued from January 1, when it bottomed out at $3.15. CAKE is down slightly over 3% in 24 hours to trade at $3.72 at the time of writing. With this price analysis, investors will figure out if they should buy the dip or wait for PancakeSwap price...
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
16.1.2023
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about...
NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales
15.1.2023
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past...