Bill Gates says NFT is like Greater Fool Theory
Gates identifies himself as neither a short nor a long-term trader. Investment in NFT is not going to provide any solid returns. Many tech celebrities are crazy and act as…
Fidelity Declares Bitcoin as Oversold and Undervalued
Fidelity approximately holds crypto assets worth $4.5 trillion. The fall of every coin in the market has gone 50% below their ATH. Jurrien Timmer, Director of Fidelity Investments, shows concern…
Binance integration For Neo (NEO) Network Upgrade
The upgrade will add two new opcodes MODMUL and MODPOW. No new tokens issued in the upgrade. Today, Binance, the largest crypto exchange by trading volume, has announced its support…
Terra owner and founder Do Kwon Facing Investigation on Tax Fraud
The Do Kwon fraudulent investigation began.Kwon was discovered to have stolen revenue by avoiding 50 billion won ($39 million) in taxes. Do Kwon is being investigated for tax fraud by…
3AC moved $90M FTT on KuCoin
3AC in liquidation of $400 million. Transfers $90 million worth FTT on KuCoin.Refrains FTX from tracking its transactions. The Three Arrows Capital (3AC) has been facing quite tough times recently.…
NFT Marketplace OpenSea announced its Migration to Seaport Protocol
According to OpenSea, consumers using Seaport would save 35% on gas fees.The seaport is neither owned nor operated by OpenSea but instead built on top of it.Tuesday saw the announcement…
Binance Exchange Offers Crypto Refugee Card for payment to Around 70K Ukrainians
Binance is also involved in efforts to aid internally displaced persons (IDPs). 5,000 IDPs will be helped initially with a $1.2 million budget. The world’s top digital asset exchange, Binance,…
Crypto Market was wiped off $80 Billion in Hours as bitcoin Struggles at $20K and ETH Amid $1K.
The crypto markets have seen another $80 billion gone as BTC fights to stay above $20,000 and ETH is at just over $1,000. The adverse price movements in the crypto…
As crypto market swallowed $1 billion off his cash Michael Saylor tweets a picture of himself with laser eyes to prove his belief on bitcoin
Bitcoin is at its lowest level in a year and a half, and his company’s major crypto bet is underwater, but that doesn’t mean Michael Saylor’s faith in the world’s…
Investigation on BlockFi and penalty
BlockFi facing a nearly $1 million fine imposed by the State of Iowa.53 jurisdictions are involved in the investigation. The leading trading platform BlockFi was ordered to pay more than…