The word Cosmos is synonymous with the word universe, which is exactly what Cosmos (ATOM) is creating in the crypto industry. Cosmos is a layer 1 cryptocurrency that powers an ecosystem of blockchains. It is structured in a way to scale blockchains together and allow them to interoperate and communicate with outside blockchains, bridging them to the network. […]
The Cosmos Ecosystem Read More »
Celsius can’t seem to escape the news cycle as the former head of its key investment strategy has alleged in a lawsuit that the company was operating as a “Ponzi scheme”. The CEO of KeyFi, a decentralized finance investment business and former partner with Celsius, Jason Stone, stated that Celsius engaged in reckless mismanagement causing huge liabilities
A lawsuit filed against Celsius Alleges that it was a “Ponzi scheme” Read More »
JP Morgan has said that the deleveraging which is taking place in the crypto market likely won’t last much longer. After the Terra Implosion took place in early may the entire crypto market has slowly started to unravel. Many firms such as Celsius, voyager, and 3AC, who were way over-leveraged, began getting exposed due to margin calls and
The crypto deleveraging and the faltering economy Read More »
Founded as a machine learning project in 2017, Near Protocol has slowly climbed its way up, evolving into a layer1 blockchain project the year following its launch. The platform is a POS (Proof-of-Stake) based blockchain, and as a base layer blockchain, it allows dApps to be built on top of it. Near has easy creation
NEAR protocol: the machine learning project turned blockchain Read More »
Three Arrows Capital is a prominent crypto hedge fund that at one point had $10 billion in assets under management, but due to the recent market turmoil, the fund is getting liquidated, and just defaulted on a $670 Million loan. The Setup That Killed 3AC Digital Asset Broker, Voyager Capital, had lent 3AC 15,250 bitcoins and $350 million
Major crypto hedge fund 3AC defaults on a $670 million loan Read More »
Here’s simplest way you can move crypto from your wallet and change it back into fiat. Decentralized wallets are the best place to store your cryptocurrency, but they aren’t capable of every process, specifically converting crypto back into fiat. Whether taking profits or exiting the market in bearish times like we’re in now where prices
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The crypto space has a long way to go before it becomes an everyday part of mainstream society. Before that happens, many issues need to be resolved so the space can provide the proper features that set it apart from centralized banking and government issued money. Where the problem was first highlighted Just several days
A lingering weakness in crypto Read More »
Litecoin, often heralded as the silver of crypto to Bitcoin’s gold, is making a move to attempt a revival of the blockchain program. Its performance, when compared to other popular blockchain veteran protocols, has been quite underwhelming. Litecoin announced recently that they would be adding privacy elements to the chain in an effort to appeal
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Bitcoin has pushed onward through endless dismissive claims. Year by year, Bitcoin has moved the goalposts, and despite narratives being created to undermine it, Bitcoin has justified its revolutionary brand over time. 2010: “No one will use this.” 2012: “Only nerds and drug dealers use it.” 2014: ” It’s just for money launderers and gamblers on the black
Opinion: Why Bitcoin will never go to zero Read More »
Whales are simply crypto wallets or individuals that own mass amounts of coins in one or more places, generally in the value range of around $50 million+. By watching what the whales of the industry do to preserve and increase their holdings, it’s not difficult to see what strategies are in play, and what can
Whale watching: learning from the big players crypto Read More »
