crash

Just when it seemed that the legal drama surrounding the collapse of giant FTX couldn't get any more sensational, a new act unfolds: Joseph Bankman and Barbara Fried, Stanford professors and parents of FTX founder, find themselves embroiled in the scandal. They are now accused of being co-conspirators in a legal story that…

Ethereum's Shanghai upgrade, implemented in April, does not appear to have increased activity on the world's largest smart contract blockchain as many had hoped for, JPMorgan (JPM) said in a research report Thursday.“While the shift from proof-of-work (PoW) to proof-of-stake (PoS) that resulted from the Merge upgrade meant that the energy…

Investing.com Published Sep 22, 2023 02:44 In the wake of the economic and political fallout from the collapse of prominent cryptocurrency exchange FTX in November, the Biden administration has ramped up regulatory measures against blockchain-based businesses and applications. This…

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An ex-employee of Alameda Research recently unveiled that Sam Bankman’s Alameda Research instigated Bitcoin’s 87% crash in October 2021. In a matter of a few minutes, BTC temporarily lost more than 4/5ths of its value on Binance.US and dropped to $8200. On most other exchanges, it was trading normally in the $65,000–$66,000 price bracket.…

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Most NFTs are now likely worthless, less than two years after a massive bull run in the digital collectibles.  A new study found 95% of over 73,000 NFT collections have a market cap of 0 ETH. Out of the top collections, the most common…

Source: a video screenshot, Youtube/The Rich Dad ChannelRobert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has said that Bitcoin (BTC), gold, and silver are "bargains" today while warning about an impending stock market crash. In a Wednesday tweet,…

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Hodlnaut’s takeover by the OPNX exchange is facing challenges after the interim judicial managers called the exchange’s tokens “illiquid’ and “speculative.“ According to Bloomberg, Hodlnaut administrators have opted out of OPNX’s $30 million acquisition. Along with the administrators, over 60% of creditors of the Hodlnaut Group have also…