Author: Anna Moye
Proof of Reserves: key to crypto trust?
After FTX’s catastrophic failure, the cryptocurrency industry was in shambles. destroying not only a wide variety of systems but also the public’s conception of the market as a whole. Is Proof of Reserves, however, really the answer to restoring people’s faith in crypto? The market could use more transparency, and with so many players focusing…
Bitgert updates: BRISE holders are using OKSE Visa cards
Bitgert (BRISE) is at the forefront of the rapid growth in the use of cryptocurrencies in everyday life. The BRISE cryptocurrency can be used to make purchases at many online stores. OKSE is a wallet that doesn’t hold your money. It accepts Visa payments and is used in over 170 countries. Bitgert recently partnered with…
Whales dumping FTX Token and Cronos
Following the dramatic fall of the FTX empire, hopes for a successful “Moonvember” were dashed. A decline in Bitcoin’s value, sparked by Sam Bankman-Fried, has brought its price down to around $15,000. Many other digital currencies suffered similar losses. However, tokens used on exchanges ranked highest. Large investors dumped their holdings of FTX Token and…
Shiba Eternity: All That Has Happened Until Now
Shiba Inu has come a long way since it was first created. The coin, which had humble beginnings as a meme coin, has triumphed over all opposition to reach its current status. On the horizon for Shiba Inu were innovations like Shibarium and the Metaverse, as well as the Shiba Eternity franchise. The day of…
Shiba: FTX Hacker Trades 400 Billion SHIB for Ethereum
The consequences of FTX continue to worsen. PeckShield reports that an address called “FTX Accounts Drainer” traded 2346 ETH for 400 billion Shiba Inu (SHIB) tokens, worth about $3.9 million. At a price of $2.9 million, the Ethereum represents a loss of roughly $1 million for the associated address. Etherscan reports that on the morning…
Despite a Perusal of Proof-of-reserve, CRO Bulls Fail to Overpower Bears
Despite CZ’s idea of open scrutiny of their proof-of-reserves strategy, Cronos’ price action has plunged in the last 24 hours. As of the time of publication, the price of CRO had fallen by more than 15,43%, to $0.06838. The market capitalization of all listed companies dropped by 15.93% to $1,723,475,224 and 24-hour trading volume increased…
FTX Token (FTT) Price Analysis: is it Headed to Zero?
The FTX Token FTT has dropped from its Tuesday opening price of $22.2 to its low of $2 on Thursday morning, a drop of -90.93%. As of this writing, it can be purchased for $3.29 and has begun a slight recovery. What happened to FTX and where it will go from here is still a…
Binance Acquire FTX: BNB Soars
Binance CEO Changpeng Zhao (CZ) recently confirmed in a tweet that the company would acquire FTX in full. This was also confirmed by Sam Bankman-Fried in a recent tweet of his. The CEOs of both exchanges have confirmed that they have agreed to a strategic transaction. The drastic action was taken to ease the severe…
3 Reasons IMPT Token Could Break Free 2023
A plethora of new cryptocurrencies, known as “altcoins,” have recently entered the competitive cryptocurrency market. Their ecosystems are part of what they’re offering, and they’re attempting to expand their user base quickly through organized pre-orders. This article takes a look at IMPT Token. When compared to other industries, the crypto market is clearly unique. It…
Shiba Inu: When will Shibarium launch and send SHIB price to $1?
Updates on the status of the upcoming Shibarium rollout have been made public by layer-2 Shiba Inu developer Unification. Unification announced in June 2022 that Shibarium’s public beta testing could begin as early as the third quarter of 2022. Unfortunately, the Shiba Inu team was unable to release Shibarium in the third quarter of 2022.…
