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On Dec12, The Royal Police of Bahamas arrested Sam Bankman-Fried on multiple charges. The order of arrest was issued by the US government taken under the supervision of the Bahamas authority. Things aren’t going in favour of the ex-CEO & founder of FTX after he filed for bankruptcy in November, unearthing a series of frauds …
India has a love-hate relationship with cryptocurrency. In 2018, the Reserve Bank of India banned cryptocurrencies. The nationwide ban received backlash from the Indian crypto community that fought back to win the case in March 2020. Moving forward to 2022, after the crypto boom, the Indian government stepped in and introduced much-needed taxation on cryptocurrencies. …
One of the most unexpected news of 2022 was the fall of FTX exchange on November 11. The news came months after LUNA crash which further eroded the market cap of the crypto industry. From standing tall at over $2 trillion in 2021, the market collapsed & now stands at $870 billion. FTX collapse caused …
The Crypto industry became the investor’s favourite in the year 2021. The industry rose to over $2 trillion marketcap and became a dominant force in the investing world. Whatever you put in was turning to gold. However, the euphoria didn’t last long. The market crashed by 70% erasing all gains. If this wasn’t bad news, …
Launched in 2014, Ledger has established itself as one of the top players in the crypto space. It’s flagship wallet i.e Ledger Nano X is used by many crypto users to safely secure cryptocurrencies offline into the hardware wallet. During the crypto bull run of 2021, the market saw an increased demand for cryptocurrencies & …
The Crypto market has undoubtedly taken a hit in 2022. From reaching an all-time high of over $2 trillion in marketcap, the industry is down to $870 billion erasing all the gains it made last year. We have tons of blockchain projects failing to survive the bear market. Giants like Celsius, Genesis, and FTX filed …
Immutable X is the first layer-2 blockchain on Ethereum that’s dedicated to NFTs & gaming. It proved to be the preferred scaling solution for Ethereum NFTs with features like instant trading, zero gas fees for peer-to-peer trading, NFT marketplace & higher tps. Immutable-X also has its own Game Studio to assist project onboarding on its …
Born in 2017, Binance is the world’s largest exchange by trading volume. Three years after its inception we witnessed the creation of BNB chain. BNB chain came to life after the merger of Binance Chain & Binance Smart Chain (BSC). Its native token BNB, which stands for “Build and Build” is used to pay for …
The year 2022 will be remembered as the worst year in the history of Crypto markets. From LUNA crash to FTX bankruptcy. There was a range of unfortunate events that have put the credibility of the industry at risk. The worst isn’t over yet. We’re in 2023 and the situation doesn’t seem to improve after …
Avalanche is an open-source blockchain created to overcome Ethereum’s limitations by being scalable, interoperable and able to execute smart contracts at a lightening fast speed at low cost & less energy consumption. Avalanche supports Solidity (the language of Ethereum) which makes it one of the most preferred networks, especially for projects built on the Ethereum …
