Social Token Platform Rally Shuts Down, Crypto Assets at Risk of Becoming Stranded

Social Token Project Rally Shuts Ethereum Sidechain, Stranding Users’ Crypto Assets

Social token platform, Rally, has announced that it is ending its operations and discontinuing its Ethereum sidechain. This sudden move has raised concerns among its users, who are creators and fans holding Rally tokens. In an email sent out to its users, Rally warned that the NFTs on its sidechain would not be transferable to … Read more

The Rise and Fall of NFTZ: What Happened to the World’s First NFT ETF?

First Exchange-Traded NFT Fund Shuts Down

The world’s first exchange-traded fund (ETF) for NFTs, NFTZ, is shutting down. Defiance ETFs, the company behind NFTZ, recently announced its decision to “close and liquidate” the fund by February 28th. This news has come as a surprise to many, especially since NFTZ had a highly anticipated launch back in December 2021. NFTZ was a … Read more

St. Martin Proposes TRON as National Blockchain Infrastructure and Legal Tender

St. Martin Proposes TRON as National Blockchain Infrastructure and Legal Tender

In a recent development, the government of the Eastern Caribbean island of St. Martin has proposed a law that would designate TRON as the country’s blockchain infrastructure and TRON-based cryptocurrency as legal tender for everyday usage. Member of Parliament (MP) Rolando Brison, who has been a vocal advocate for the integration of blockchain technology and … Read more

Listen-to-Earn: A New Way for Podcasters and Listeners to Earn Bitcoin

You can now Earn Bitcoin for listening to podcasts

The podcasting industry is getting a new revenue model, thanks to a partnership between mobile payment firm ZEBEDEE and “listen-to-earn” podcast platform Fountain. The partnership aims to give listeners and podcasters the ability to earn Bitcoin using the app. ZEBEDEE, a Bitcoin-centric gaming firm, recently launched two new play-to-earn games, Bitcoin Chess and Bitcoin Scratch, … Read more

Bitcoin Miner Argo Blockchain Sees Shares Rise 14% After Gaining Nasdaq Compliance

Titanium Blockchain crypto CEO pleads guilty in 21 million dollar fraud scheme

Bitcoin miner Argo Blockchain (ARBK) saw its shares rise as much as 14% on Monday, January 18th, after gaining compliance with Nasdaq listing requirements. The company had been in danger of bankruptcy due to a combination of rising energy costs and the crypto winter, which resulted in a dip in bitcoin prices and a drop … Read more

Cryptocurrency Experts Weigh in on Bitcoin’s Future: Will the Price Halve Before Retesting Highs in 2023?

Bitcoin extends rally

The world of cryptocurrency started off the new year with an impressive month-long rally. Bitcoin, the top crypto, is trading near four-month highs after jumping above $22,300 on Friday. This marks a significant milestone for the digital currency, as it has surpassed its level prior to the collapse of the FTX exchange in November. In … Read more

Decoding the Cryptocurrency Craze: Risks and Rewards

Decoding the Cryptocurrency Craze: Risks and Rewards

The world of finance is constantly evolving and one of the most exciting developments in recent years has been the rise of cryptocurrency. From Bitcoin to Ethereum and beyond, these digital currencies have captured the attention of investors and enthusiasts alike. But what exactly is cryptocurrency and what are the opportunities and challenges that it … Read more

“Dr. Doom” Roubini Ramps Up Criticism of Cryptocurrency Industry and FTX Founder, Calls for Jail Time for “Crooks”

Is 90% of all crypto a scam?

Nouriel Roubini, also known as “Dr. Doom” for his dire perspectives on global trends, has once again spoken out against the cryptocurrency industry. At the World Economic Forum in Davos, Switzerland, Roubini stated that “Literally 90% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is going bust.” Roubini specifically … Read more

Campaign Contributions from Fraud-Ridden Crypto Giant FTX Taints over One Third of U.S. Congress

The $26 billion rise and fall of FTX crypto king Sam Bankman-Fried

Recently, CoinDesk has uncovered a shocking revelation regarding the U.S. Congress. It turns out that more than one in three of the 535 senators and representatives in Congress have connections to the fraud-ridden crypto giant, FTX. This is a result of campaign support from one of the senior executives of the company. FTX is a … Read more

Bitcoin’s Impressive Start to the New Year: A Closer Look at the Market Movements and Uncertainties Ahead.

Why bitcoin is in danger of testing its 2022 low as cryptos slide

Bitcoin has had an impressive start to the new year, climbing more than 26% and surprising those who expected riskier investments to face more challenges following sharp selloffs in 2022. This is the best opening month performance for the token since a 31% rally in 2020, before the pandemic hit. This surge has helped to … Read more