Cryptocurrency

How one of the richest men in cryptocurrency came a cropper, losing more than $40 billion

You know you’ve really made it when the whole world knows you by your initials. Guitarists genuflect to SRV, the late Stevie Ray Vaughan. Surfers globally bow down to MR and AI, Mark Richards and the late Andy Irons. Mention AB in the world of cricket and everyone knows exactly who you’re talking about: Allan …

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Collapsed cryptocurrency trading firm FTX saw ‘unauthorized access’ to accounts

Collapsed cryptocurrency trading firm FTX has confirmed there was “unauthorized access” to its accounts hours after the US company filed for bankruptcy protection on Friday. The embattled company’s new CEO John Ray III said on Saturday that FTX is switching off the ability to trade or withdraw funds and taking steps to secure customers’ assets, …

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Three Crucial Expectations from the Crypto Market in August

The digital currency ecosystem seems to be carving out a resistant path for itself recently, with the combined crypto market capitalization staying consecutively above the $1 trillion benchmark. The market is now seeing impressive price recoveries across the board, with Bitcoin (BTC) surging past the $23,000 resistance point and Ethereum (ETH) charting a 30-day high …

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Cryptocurrency price today: Doge, Solana crash 20%; Ether, Polygon down 15% after Binance-FTX dispute

Cryptocurrency prices are in the deep red this Wednesday morning. The global cryptocurrency market cap has fallen 10.85 per cent and the global cryptocurrency market cap stands at $914.24 billion. The total cryptocurrency market volume over the last 24 hours stands at $211.87 billion, marking a 131.83 per cent uptrend. The volume of all stablecoins …

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Polkadot’s latest move could make DOT the SEC’s preferred cryptocurrency because…

Polkadotin an out-of-the-ordinary tweet, stated that the DOT token, despite being marketed a security, was no longer a security. Instead, it had transformed into a software. Polkadot’s native token (DOT), initially offered, sold and delivered to purchasers as a security, has morphed and no longer is a security. It’s software. https://t.co/uv8wc1DbNb — Polkadot (@Polkadot) Nov …

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Litecoin: Don’t Chase This Rally (Cryptocurrency:LTC-USD)

Larina Marina/iStock Editorial via Getty Images Thesis Litecoin (LTC-USD) is unlikely to outperform Bitcoin (BTC-USD) in the long term despite arguably being the better cryptocurrency for payments and transactions. This is because it lags Bitcoin in terms of security and developer interest, among other issues. what Is Litecoin? Litecoin was created as a fork of …

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Cryptocurrency and how it impacts the environment – ​​The Observer

Bitcoin, the first ever cryptocurrency, was established in 2009 has grown in value astronomically according to Forbes. Forbes estimates that if you invested $1,000 in Bitcoin when it first launched, it would be worth $41.5 million today. As Bitcoin and other cryptocurrencies have grown, environmentalists like CWU Biology Professor Dr. Clay Arango have voiced concerns …

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