A man based in the Bay Area, California, lost about $1.2 million in a Silicon Valley crypto scam that was targeted at many other investors in the region. Federal investigators noted that such fraud cases are known as “pig butchering,” which are growing at an increasing rate across California. Most …
Read More »Leaving Crypto On Exchanges: Safe Or Risky? Read To Know
The act of leaving crypto on exchanges is very common among crypto enthusiasts. However, in the times of increasing crypto frauds, scams, and glitches that caused millions and billions of losses, is it really safe to leave your risky assets at further risk? The answer to this might be much …
Read More »These Metaverse Cryptos Resist Today’s Crypto Crash Session
The crypto market is volatile enough to maintain different trends at various points in time. The majority of the cryptocurrencies had been gaining yesterday, however, most of them are dipping today following a reverse price action trend. In contrast, there are two metaverse cryptos that have been resisting and defying …
Read More »MATIC Coin Declines Didn’t Shift The Moving Average Meter
Polygon (MATIC) saw a price decline today after peaking on Friday, July 22, 2022. The Ethereum-scaling platform’s native crypto, the MATIC coin, has lost a significant value compared to its 24-hour high of over $0.9. The crypto’s bullish rally yesterday is what makes this sudden drop unexpected. However, the coin’s …
Read More »Blockchain.com Workforce Trimmed By 25% Amid Crypto Crash
The major cryptocurrency exchange, Blockchain.com, is set to conduct a huge layoff trimming about 25% of its workforce. About 150 employees are going to be terminated soon. The Blockchain.com workforce cut is attributed to the persistent crypto market crashes in recent months. The exchange said that they are doing so …
Read More »CoinPoker Review: Worth Trying A New Approach To Crypto?
We all know about trading crypto but not many know that you can even play poker in the crypto space. A new concept but with similar risks as the already known volatile crypto market. It is like gambling on your already risky assets. However, if you want to experiment with …
Read More »Kusama Crypto (KSM) Gains Continue Ahead Of Binance Listing
The crypto market has ended the ‘red’ streak and now has been extending its gains recently. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have gained over 20% and 40%, respectively, in the last seven days, there is an unsung hero of the market that recently reversed its losses. …
Read More »Celsius Bankruptcy Filing: A Huge Blow For Its Customers
Celsius Network, the crypto lender based in New Jersey, has filed its bankruptcy status recently. The move came as a response to the $1.19 billion hole or deficit in its balance sheet. The company filed for U.S. Chapter 11 Bankruptcy on Thursday, July 13, 2022. The firm had earlier put …
Read More »This New Crypto Entrant Defies The ‘Red’ Trend Of Competitors
The crypto market has been seeing the worst swings in recent months due to one occurrence or the other. First, the Russian invasion of Ukraine induced a prolonged bearish session in almost all financial markets around the world. During a relief from the red trends, there are a number of …
Read More »RBI Crypto Ban Plea Needs Global Support: FM Sitharaman
The Reserve Bank of India (RBI) has initiated a request to the Central government regarding the formulation of crypto regulations and to exercise a ban on them. To this, Finance Minister Nirmala Sitharaman remarked saying the RBI crypto ban plea would only be thought about if it garners “global collaboration” …
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