Monthly archives: August 2023

Crypto OGs Brock Pierce and Tim Draper and other experts provide essential advice on how to protect your hard-earned stack. Crypto is a volatile place. Money can be as easily lost as made through the ups and downs of Bitcoin and the wider market, and there are massive decisions to make. Should you just hodl …

Continue reading “How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in”

In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day’s close. News Join us on social networks Coinbase’s stock experienced a significant surge on Aug. 29 after reports emerged that a federal judge had ruled in favor …

Continue reading “Coinbase stock surges after favorable federal ruling for Grayscale”

The U.S. Department of Justice has issued a new court filing in its case against Sam Bankman-Fried in which it called his planned defense “irrelevant” without additional details. News Join us on social networks The lawyers representing the United States Department of Justice (DOJ) filed a new court document late on Aug. 29 arguing that …

Continue reading “DOJ calls SBF’s fraud allegation defense ‘irrelevant,’ requests additional info”

The stablecoin, which is called PayPal USD, will become available to U.S. users almost immediately. Payments giant PayPal announced on Aug. 7 that it will launch a stablecoin similar to other major cryptocurrencies pegged to the price of the U.S. dollar. PayPal said that users who purchase or hold its stablecoin, called PayPal USD, will …

Continue reading “PayPal Announces a Stablecoin in Partnership With Paxos”

A closely followed crypto strategist believes that Bitcoin (BTC) traders are very close to feeling a fear of missing out (FOMO). Pseudonymous analyst Credible Crypto tells his 346,400 followers on the social media platform X that he believes Bitcoin will ignite a strong move to the upside if it manages to reclaim a key level. …

Continue reading “Bitcoin (BTC) About To Witness Real FOMO and Disbelief, According to Crypto Strategist – Here’s His Outlook”

Large holders of Ethereum (ETH) have displayed bearish behavior on the second-largest crypto asset by market cap since around April, according to Santiment. Santiment’s director of marketing Brian Quinlivan says that addresses holding between 10 and 10,000 ETH turned bearish around April, a contrast to their bullish stance witnessed in the fourth quarter of 2022. …

Continue reading “Ethereum Whales and Sharks Continuously Shed ETH Holdings for Four Months Straight: Santiment”

The bankrupt crypto lender’s request marks another step toward the return of users’ funds, a process that the company began in August. News Join us on social networks Defunct crypto lending firm BlockFi applied to the court a request to transfer the trade-only assets from its users’ accounts into stablecoins, so they could be withdrawn …

Continue reading “BlockFi asks court for permission to convert trade-only assets into stablecoins”

Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users. News Join us on social networks The announcement of Patricia Token (PTK) by Nigerian crypto exchange Patricia was greeted by users with scepticism and some suspicion, as they …

Continue reading “Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion”

South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion. News Join us on social networks South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party. A parliamentary ethics subcommittee of …

Continue reading “South Korean parliament rejects motion to expel lawmaker over crypto scandal”

Google Cloud and the government of El Salvador have entered into a seven-year partnership to digitize the country’s infrastructure in various sectors. News Join us on social networks Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in …

Continue reading “Google Cloud to digitize El Salvador’s governance, healthcare and education”