News
Professionals say why bear markets are beneficial to Bitcoin
Winters in the cryptocurrency market are especially good for Fortcoin, as some of the most important BTC innovations, like the Lightning Network, were created during bear markets. The instability has…
Metaverse could be worth $ 5 trillion by 2030: McKinsey report
According to the new report from the global consulting firm, McKinsey found that the metaverse could be worth $5 trillion by 2030. Global spending on metaverse could reach $5 trillion…
Systems are being asked by a financial intermediary to block 3AC money in order to recoup assets following litigation
According to Danny Yuan, their researchers discovered $1 million misappropriated from their personal profit at Three Arrows Capital (3AC). As allegations of 3AC’s collapse persist, Danny Yuan, the CEO of…
The CAR president, Faustin-Archange Touadéra urges citizens to appreciate bitcoin and bring long-term prosperity
For the past few weeks, the crypto market has been in a tailspin. While other investors have left BTC, its keen supporters continue to eulogize its merits. Despite the prolonged…
In Q2, the total quantity of stable coins fell for the first time ever
In a parallel graph, the supply of the USDC and BUSD fell substantially in May, but both have since recovered and are near their individual all-time highs. As per business…
Co-founder of BitMEX Benj Bilamin Delo dodges jail, receives 30 months’ trial
Closing his part in the legal story that began in 2020, Delo was allowed to leave the country to travel to Hong Kong where he is a resident. Benjamin Delo,…
Korean markets have agreed on an alert system in the event of a terra-style meltdown
To maintain compliance with relevant legislation, Korean platforms will soon be forced to offer tokens according to the same standards and to make necessary decisions jointly to avoid a repeat…
According to a survey, 71% of young people have engaged in digital assets
According to a recent survey, most of the world’s richest have engaged in digital assets, and financial advisory organizations have been recommended to make education and advisory a priority. As…
Celsius is reportedly onboarding attorneys for a reshuffle
Celsius reportedly seeks advice from lawyers on restructuring to find solutions to the current financial challenges it faces. The cryptocurrency platform Celsius Network (CEL) has onboard the lawyers of Akin…
Is there a cryptographic vault with the US Marshals Service that has been seized? According to a new inspection, not so much
The lack of established procedures and processes relating to the administration of confiscated crypto assets, particularly the usage of stock sheets, was revealed during the OIG’s examination. The Department of…