Ad In Nov 2022, the world experienced the sudden fall of one of the largest crypto exchanges in the crypto sphere. FTX mainly faced a liquidity crisis, and its founder and former CEO, Sam Bankman-Fried (SBF), was linked to the mayhem. Consequently, the incident that happened in a matter of days impacted the entire crypto…
Ad The Wild West of crypto has had no shortage of scandals in its short history, but the recent collapse of FTX ranks highly among the worst to have afflicted the industry. For some, the FTX collapse was a disaster from which they will not financially recover. Those who fall into this camp may find…
The following is a guest post from Anndy Lian. The more I speak and advise on crypto and blockchain matters, the more I think there is a gap between what decentralization is and reality. I do not doubt the feasibility of decentralization; I am just not sure if the current version of Web3 is decentralized…
Warren Buffett’s business partner Charlie Munger has proposed that the United States should follow in the steps of China to ban cryptocurrencies- which he considers a gambling contract. In a WSJ opinion piece published on Feb. 2, Munger said that thousands of new cryptocurrencies had flooded the market, exposing the public to buy at much…
Some online are speculating that the rise in Canto price could be attributed to a spike in the volume of Note — the quasi-stablecoin issued by Canto and pegged to USDT/USDC. Recently, some Twitter users have started to speculate that the Layer-1 decentralized token could eventually face downward pressure due to its connection to Note,…
Wallet provider, Wasabi Wallet, launched an educational Bitcoin competition on Jan. 23, asking people to ‘crack’ the seed phrase of a wallet loaded with over 4 million Sats. The project, titled ‘Hunting Sats,’ is backed by Swan Bitcoin, Trezor, Blockstream, and several other respected companies in the Bitcoin space. First, a Bitcoin wallet was generated…
The crypto industry has seen tremendous growth in the past few years. It took less than four years for cryptocurrencies and blockchain technology to go from a niche industry to a global powerhouse able to move markets and shape regulation. It’s safe to say that the opportunities that arose from this growth changed the world,…
The U.S. debt ceiling reached its $31.4 trillion limit on Jan. 19, prompting calls for radical action, even removing the ceiling altogether. Bitcoin offers an alternative to the fiat system, which is destined to fail as a result of the inherent need to expand the money supply through money printing. Although U.S. government BTC adoption…
The following is a guest contribution from intergovernmental blockchain expert and investor Anndy Lian. There have been many developments in the cryptocurrency space over the years, including the launch of new cryptocurrencies, the emergence of decentralized finance (DeFi) platforms, and the increasing mainstream adoption of cryptocurrency. By now, you would agree that the cryptocurrency market…
Initially, the term “crypto asset” meant bitcoin and nothing else. However, the sector has experienced massive expansion by creating thousands of alternative crypto assets and tokens over the past decade. And while all of this activity was made possible by the Bitcoin network’s seminal use of blockchain technology, the reality is the intended utility of…