More web3 startup crashes in 2023 ~ Tech investor.
Fred Wilson, tech investor and co-founder of Union Square Ventures, reveals his outlook for 2023. While he thinks web3 startups will still struggle, he’s bullish on ETH projects. In his…
Revenue of Bitcoin Miners drops to $9.55 Billion last year.
The problem worsened when the value of Bitcoin and other cryptocurrencies fell.According to statistics, bitcoin miners earned about $15 billion in 2021.Crypto miners were at risk due to the lengthy…
SushiSwap halts Lending Protocol and Token Launchpad
CTO Matthew Lilley tweeted that Kashi had a lot of design issues. Lilley stated that the “breadwinner” of the organization is the exchange side. SushiSwap, a decentralized finance (DeFi) platform…
DeFi Protocol Lido Reaches $5.9 Billion in TVL Displacing MakerDAO
Lido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.Leading decentralized lending protocol MakerDAO has lost its dominance in…
Binance Target South Korean Business Environment Via Purchase of Gopax Exchange.
The purchase announcement was originally scheduled for Christmas but was postponed. Binance left South Korea in January 2021.On Monday, Binance, the biggest cryptocurrency exchange in the world, finished its due…
Russia Plans to Establish New Power Plants Amid Mining Surge
People are consuming more power, which might strain the system’s infrastructure.Republic of Khakassia and the Irkutsk Oblast grids are under the most strain right now.Nikolay Shulginov, Russia’s Minister of Energy,…
IMF Chief Warns of Sluggish Global Economy in 2023
The conflict in Ukraine has had a devastating impact on the European Union.She also predicted that China’s growth will decline much lower this year.In an interview broadcast on CBS on…
Robert Kiyosaki Rich Author of Rich Dad Poor Dad Plans Buying More Bitcoin
Kiyosaki and Sharon Lechter wrote the book “Rich Dad, Poor Dad” in 1997.Bitcoin has been recognized as a commodity by the CFTC’s chairman, Rostin Behnam.Robert Kiyosaki, the author of the…
Ex FTX CEO SBF To Enter Not Guilty Plea.
SBF was extradited from the Bahamas and appeared in federal court in New York.The collapse of FTX and its sister company, Alameda, has sent shockwaves. According to the WSJ, Sam…
South Korean Major Crypto Exchange V Global Bosses Jailed for Fraudulent activities.
With the latest arrests, there are now seven V Global execs serving their sentences behind bars.South Korean authorities appear to have tightened their control over the digital asset space. As…