Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Securely storing passwords or keys that give access to clients’ funds is a gigantic challenge that no startup or even mid-sized company can ever cope with.
In this article, I briefly explain the threats involved and why these companies can NEVER win the adversarial game against hackers when such a big bounty is at play.
The article ends by offering viable alternatives to trusting keys to third parties while trading with bots: open-source platforms that run in your premises. Keep Reading »
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Crypto.com, a cryptocurrency exchange that collaborates with the AFL, has come under fire for acting “misleadingly” and “irresponsibly.” According to the Guardian report, the exchange has regularly broken UK advertising regulations.
The UK Advertising Standards Authority’s (ASA) decisions may lead to further scrutiny of Crypto.com’s Australian marketing. In January 2022, the AFL and the Singapore-based exchange agreed to work together for five years. After that, Crypto.com was promoted in AFL stadiums. Keep Reading »
Crypto winter is knocking down big names in the industry one by one. Wyre-a US-based leading crypto payments firm, is the latest to be affected by it. Wyre has now imposed a withdrawal limit on its platform, citing “the best interest of our community.” As per the latest notice, Wyre users can now withdraw up to 90% of their crypto funds.
“We are modifying our withdrawal policy. While customers will continue to be able to withdraw their funds, at this time, we are limiting withdrawals to no more than 90% of the funds currently in each customer account, subject to current daily limits,” the official statement reads. Keep Reading »
While countries around the world are trying to integrate crypto more into their economy, Nepal has now taken a rather anti-crypto stance. Nepal’s telecommunications regulator, called the Nepal Telecommunication Authority (NTA), has now ordered internet service providers (ISPs) in the country to block all crypto trading websites.
As per the official notice, people who fail to comply with the latest regulation will face legal action. NTA’s latest regulation prohibits ISPs and email service providers from providing access to “websites, apps or online networks” related to cryptocurrency/digital assets. Keep Reading »
Despite the current industry crisis brought on by the FTX collapse, the Hong Kong government is still committed to building out the infrastructure for cryptocurrencies.
Paul Chan, the financial secretary for Hong Kong, claims that in 2023, local regulators and the government will be willing to work with fintech and cryptocurrency startups. Keep Reading »
We saw the highest of Number of Sales on 31st December which was 18.6K and the Lowest of number of sales was recorded on 2nd January which was 12.9K. This Metric showed an overall Decrease.
MATIC Price Analysis January 2023
MATIC is a token of the platform Polygon. Its current price is around $0.8084 at the time of writing, with a low of $0.3228, and it has a market cap of 7 billion dollars. In addition, Polygon, a company that specializes in accelerator programs and investment, has announced the launch of its newest initiative called “Orbeon Protocol,” which will be set up to increase its following after a surge of 805%. Keep Reading »
SOL Price Analysis January 2023
SOL is a token of the platform Solana. Its current price is around $13.36 at the time of writing, with a low of $8.14, and it has a market cap of 4 billion dollars. Keep Reading »
GAL Price Analysis December 2022
GAL is a token of the platform Galxe. Its current price is around $1.02 at the time of writing, with a low of $0.996, and it has a market cap of 55 million dollars. Keep Reading »
REQ Price Analysis January 2023
REQ is a token of platform Request. Its current price is around $0.08851 at the time of writing, with a low of $0.06906, and it has a market cap of 85 million dollars. Keep Reading »
Top 5 Crypto to Buy in 2023
The cryptocurrency market is one of the most volatile markets in the world, with a lot of uncertainty and risk.
However, it is still one of the best investment opportunities for long-term investors. Experts believe the crypto market will be worth around $200 trillion by 2030.
As of now, Bitcoin is only a fraction of this market, with more money likely to be in altcoins such as Ethereum. There are more than 20000 possible crypto assets to invest in today, and trying to find the best ones can be challenging. These are the top 5 cryptos to buy in 2023. Keep Reading »
Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA
FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »
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