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Crypto Industry’s Support for Formula 1 Endures Amid Crisis
The new season of Formula 1 started off in Bahrain this March, and it looks like almost 40% of the teams have lost their crypto sponsors compared to the 2022 season. The ongoing crisis has led to a decline in marketing activity among the players, but it’s still too early to say that it has come to a complete halt.
Shiba Inu: the Dogecoin killer
The symbol of the SHIB meme coin is a cute red-haired dog of the eponymous dog breed. SHIB occupied the 13th position in the global cryptocurrency ranking as of February 2023. A sign of misfortune?
Exploring crypto crimes with a real cyber policeman
In an interview with Gagarin News, Ukrainian cyber police officer Yevhenii Panchenko shared how his team is combating crypto-related crimes and preventing russia from utilizing virtual assets for illicit purposes.
OKB token from OKX exchange
OKB occupied the third position in the global ranking of centralized exchange tokens by market capitalization in February 2023. Why is there such a strong interest among users?
What the SEC wants and why it won’t get it
After the FTX collapse, the SEC is pushing to make exchanges only accept regulated tokens. The big question is where these regulated tokens will come from.
Frax: the Bitcoin of algorithmic coins
Prior to the creation of Frax, all stablecoins could be divided into fiat-backed, crypto-backed, and algorithmic (i.e. without any backing). Frax is the fourth type of stablecoin and the world’s first fractional-algorithmic token.
Banks stop working with crypto exchanges: what’s next?
Crypto-enthusiasts’ philosophy suggests independence from the fiat currency system. Their dreams are coming true: under government pressure, conventional banks are refusing to cooperate with crypto-exchanges.
Sell: the best of crypto hater Burry
Looks like prominent trader Michael Burry hides his favorite big short behind the traditional hatred towards crypto.
Institutional Investors Flock Back to the Crypto Market
Despite the recent downturn in the crypto market, even well-established financial institutions with a storied history are unable to resist the lure of investing in crypto. This trend is expected to continue in 2023.
What makes Asia a key driver of the next [crypto] bull run
It appears that the United States and European countries are losing their dominant position in the cryptocurrency market. This is because regulators have taken aggressive measures that have led crypto investors to shift their focus towards the Asian region.
Crypto theft via wallet balance photo is (probably) impossible
Scammers nicked a staggering amount of $4M in USDC from a top executive at Webaverse, the gaming NFT project. During the meeting, the fraudsters requested a snapshot of the Trust Wallet balance screen. They disappeared without a trace along with the funds in the Trust Wallet.
LocalBitcoins falls victim to crypto winter
A crypto winter can be challenging. Continually checking your portfolio and hoping today is the day the market turns around isn’t good for your health. You might consider taking some time away from crypto altogether during this downtime. You can exercise, spend time with family and friends, or enjoy the countryside.
Crypto without Blockchain: Surprising Facts
The word “crypto” has come to be closely associated with blockchain in the minds of many. It’s no wonder, as the masterminds behind cryptocurrencies rely heavily on blockchain technology! Nevertheless, there are some exceptions to this trend.
What are Bitcoin NFTs Ordinals and how do they work?
The decentralized Bitcoin network now has a brand-new use case. Digital art collectors can now store their NFTs directly in BTC blocks.
Bank of America: CBDC is the evolution of money
Bank of America promises an unprecedented technological breakthrough in the history of money. The fiat agenda is over.
Premining: a motivation tool used by scammers
Crypto enthusiasts frequently react cautiously to the decision of the developers to release some of the tokens before the project is made public. What will happen next: a scam or an investment in development?
What is Chia, and how does it work?
Chia is a green cryptocurrency created by BitTorrent creator Bram Cohen. Its energy efficiency is ensured by a unique PoST protocol.
Why cryptocurrencies go green
European officials have obliged businesses to provide data on their environmental impact. The crypto industry will have to pay for its carbon footprint.
Deepfakes in the service of crypto scammers
Deepfakes of well-known figures in the crypto industry have caused considerable concern among crypto enthusiasts. Fake or original? The modern market usually gives the investor only a few minutes to think.
How to avoid crypto taxes and why it’s a bad idea
Today, Ukraine doesn’t have a clear guidance on how crypto is taxed. Does this mean that you can avoid paying taxes on crypto? Spoiler – alas, no.
Is crypto a solution for global inflation?
The global inflation rate reached multi-year highs in 2022. In the event of this, however, cryptocurrency remains one of the most reliable assets. At the same time, cryptocurrency investors from developing countries are somewhat saved from poverty.
Len Sassaman: the man memorialized in blockchain
Len Sassaman is another possible contender to be Satoshi Nakamoto. “I’ve moved on to other things and probably won’t be around in the future,” shortly after this last message from the BTC creator, Sassaman committed suicide.
How to reduce Bitcoin mining risks: business case
Mining profitability has been declining since the end of 2021 as a result of the bear market. Increased mining difficulty and skyrocketing electricity prices twisted the knife in 2022. The miners had no choice but to change their business strategy. Their task was to level out negative market factors while maintaining profits.
Why hash rate matters
What is has hash rate, and what does it tell us? The hash rate is one of the main indicators affecting the cryptocurrency market.
Bram Cohen: I hated school and dropped out of college
Bram Cohen, a self-taught high-functioning autistic, conceived and implemented several IT industry revolutions. His motto is: Give and ye shall receive!