Despite several bullish predictions for 2023, Brian Armstrong – the CEO of Coinbase – believes it will be some time before the crypto space relieves itself of the drama caused by FTX, and he doesn’t think 2023 will offer the improvement over 2022 that so many analysts are either predicting...
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Brian Armstrong: The FTX Fallout Is Far from Over
Mining Pool BTC.com Hacked; $3 Million Goes Missing
It’s happened again, folks. Another crypto hack is in the books. This time, the victim is alleged to be BTC.com, one of the biggest crypto mining pools in the world. BTC.com Hacked; A Lot of Money Gone The mining pool is believed to have lost as much as $3 million...
Lewis Kaplan Will Be the Judge to Oversee FTX Court Case
Judge Lewis A. Kaplan, a Manhattan federal judge, will oversee the trial of Sam Bankman-Fried. SBF is presently facing several charges in connection with the collapse of FTX. It is alleged that Bankman-Fried likely utilized customer funds to engage in Ponzi-like behavior and purchase luxury items such as Bahamas-based condominiums...
Stellar Lumen (XLM) Price Climbs Higher and Aims A Move To $0.10
Stellar lumen price started a fresh increase above the $0.080 resistance zone against the US Dollar. XLM price is now trading above $0.080 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.086 on the 4-hours chart (data feed via Kraken)....
Ripple Price Analysis: Uptrend In Place Above $0.40
Ripple price is moving higher above the $0.38 level against the US dollar. The price is now trading above $0.380 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from...
Mark Cuban: Forget Gold, Invest in BTC
Despite everything that’s happened in 2022, Mark Cuban is doubling down on his love of bitcoin and says he’s hoping to purchase more of the world’s number one digital currency by market cap should it drop even lower. Mark Cuban Doesn’t Like Gold That Much 2022 was a rough year...
Crypto Magnates Like Changpeng Zhao Saw Their Net Worth Crash in 2022
2022 was a year of loss, and many crypto billionaires – from Changpeng Zhao of Binance fame to the Winklevoss Twins who run the Gemini exchange – have lost a ton of money. So much in fact, that in just nine short months, many of them have seen their net...
Wallet Network Bit Keep Hacked; More than $8 Million Gone
It’s happened again, folks. Another crypto hack has been recorded to the digital currency books. This time, the alleged victim is Bit Keep, a virtual wallet provider, and more than $8 million in crypto funds have gone missing. Bit Keep Compromised; A Lot of Money Missing To be fair, this...
Crypto Mining Firm Greenidge Generation Hints at Potential Bankruptcy
Another crypto mining firm is in trouble. This time, the alleged victim is Greenidge Generation (GREE), which has hinted that it could file bankruptcy in the coming weeks if its present deal with NYDIG doesn’t work out. Greenidge Generation Could Be the Next to Go The company is struggling to...