Cryptocurrencies

A New York-based news site, specializing in cryptocurrency—CoinDesk reported that the price of Bitcoin was seen to fall to its lowest value since October 13 on Tuesday evening. According to CoinDesk, the value of Bitcoin depreciated to $55,460.96 on Tuesday evening, which is an extra 20 percent reduction from the all-time high of $69,000 that […]

Virtually everyone is talking about the metaverse, including big firms and individuals. Everyone seems to be crazy about it. Even the king of social media, Facebook, had to change its brand name to Meta to be relevant in the metaverse world.  Initially, the noise around metaverse seems to be about it being a virtual interaction […]

There has been a shock in the cryptocurrency world due to a suspected scam regarding the meme coin based on the blockbuster Netflix movie – Squid Game. This suspected scam has once again shown a need for cryptocurrency regulation in India.  After the launch of the squid game token a few weeks back, it experienced […]

Shiba Inu(CRYPTO: SHIB) is having a bad day. The crypto coin with a dog theme, which was the rising star in October, has fallen 21.0% in the last 24 hours. It currently trades at .0047 US cents.  Dogecoin, which was initially labeled Shiba Inu crypto, is also in the red zone in the last 24 […]

Coinbase, Inc., the cryptocurrency exchange company, suffered a significant breach earlier this year. Hackers used phishing emails to collect sensitive account information from over 6,000 Coinbase users.   Although Coinbase claimed to have fixed the data leak immediately, the company withheld news of this breach until a few days ago. Coinbase Security Loophole Since its launch […]

China has effectively moved to ban all cryptocurrency transactions in the country; this move by China’s central bank has led to the banning of all tokens, including bitcoin. “Virtual currency-related business activities are illegal financial activities,” the People’s Bank of China said, adding that cryptos “seriously endangers the safety of people’s assets.” The announcement has […]

On Thursday, the Nigeria-based cryptocurrency platform, Luno, announced that it has approved a solution to enable Nigerians to withdraw and deposit crypto and tokens into their bank accounts directly. This is positive news considering the fact that the country’s crypto activities were almost entirely halted by a national ban on the use of crypto in […]

The prices for Solana and Terra SOL and LUNA tokens have gotten to an all-time high as the capitalization for the two cryptos reached $2 trillion since May. The price increase is significant since the token prices represent two projects built for the decentralized finance sectors DeFi – indicating that investors were confident about the […]

This week, a 27-year-old man Afek Zard got an 8-year sentence at the Beer Sheva district court for crypto theft, Israeli news reported. The culprit stole about 75,000 DASH, which is estimated to be 22 million Israeli shekels at the time it was stolen. But the current value of the coin is almost twice as […]