STX has been gaining a lot of attention recently due to its impressive price rally at the startof the year. In this article, we will explore what Stacks (STX) is and why…
Category: Blockchain
FTX Founder Pleads Not Guilty to New Charges, Including Bribing Chinese Officials
Sam Bankman-Fried, the embattled founder of bankrupt cryptocurrency exchange FTX, pleaded not guilty on Thursday to new charges from US prosecutors, including bribing Chinese officials with $40 million. Bankman-Fried, who is 31…
SEC Files Lawsuit Against Beaxy for Operating Unlicensed Securities Exchange
The Securities and Exchange Commission (SEC) has filed a lawsuit against Beaxy, its affiliated entities, and executives for operating an unlicensed securities exchange. The lawsuit alleges that Beaxy sold unregistered security with…
SVB Financial Group Files for Chapter 11 Bankruptcy: Analysis of the Latest Developments
SVB Group, the former parent company of the Silicon Valley Bank, has recently submitted a Chapter 11 bankruptcy filing. This filing was submitted to the Bankruptcy Court of U.S. in an effort…
Nigeria’s President-Elect Pledges to Embrace Blockchain for Improved Revenue Collection and Banking
Despite Nigeria’s leading digital asset market and being a global leader in Bitcoin adoption, the country has, unfortunately, seen restrictions imposed by the government that have hindered the adoption of digital assets….
Central Bank Digital Currencies (CBDCs): How They Work and Their Implications
Central Bank Digital Currencies (CBDCs) have been making waves in the financial industry for the past few years. CBDCs are digital versions of fiat currencies issued and backed by central banks. They…
The Impact of Blockchain Technology on the Metaverse
The metaverse is a virtual world that has gained popularity in recent years. It is a space where people can interact with each other and digital objects. The metaverse is becoming more…
Binance has been accused of copying a product idea from Steemhunt
Cryptocurrency exchange Binance has recently been claimed to be engaged in intellectual theft by South Korean blockchain firm, Steemhunt. The blockchain firm claimed that Binance mimics its AI-based technology Chatcasso for developing…
Is KoinBakset The New Ray Of Hope For Crypto Investors In This Gloomy Market ?
Recent events and occurrences in the Crypto space have led to an outcry on the importance of self custody, following the aftermath of FTX’s and Alameda meltdown. The popular phrase “Not your…
Introducing MeanDAO – Bringing True Ownership of Assets to Businesses and Individuals Through Self Custody
Mean, a censorship-resistant, user-friendly, permissionless bank, is bringing traditional banking operations and real-time payments to crypto and DeFi, allowing users from all over the globe to open and manage international accounts holding…