In recent years, the digital landscape has witnessed a tremendous evolution through the advent of Web3 technologies, which promise to shift the focus from centralized control to decentralized empowerment. At the forefront of this transformation is GhostDrive, a pioneering player in the decentralized storage sector. Although relatively new, GhostDrive has managed to garner over 740,000
investment
In a decisive move highlighting the increasing scrutiny of the cryptocurrency industry, eToro has announced significant changes to its trading offerings. Following a settlement with the U.S. Securities and Exchange Commission (SEC) involving a financial agreement of $1.5 million, the platform is set to restrict its crypto trading options. This decision comes after it was
Over the past two weeks, bitcoin has been on a rollercoaster ride, experiencing a market correction of approximately 11%. Despite briefly rebounding to $58,000, the leading cryptocurrency still has a way to go before reaching its all-time high levels. On-chain Data Insights According to on-chain data from the blockchain market intelligence firm Santiment, there has
In recent times, the Commodity Futures Trading Commission (CFTC) has teamed up with various federal and private organizations to combat the increasing prevalence of crypto scams, particularly the notorious “pig butchering” scams. These fraudulent schemes have resulted in significant financial losses, highlighting the urgent need for greater awareness and vigilance among consumers. Partnership Against Scams
In a surprising turn of events, Fintech bank Nubank has made the decision to suspend trading for its cryptocurrency, Nucoin. This decision has sparked questions about the bank’s financial stability and has left many investors wondering about the future of Nucoin. Nubank made the announcement in a blog post on September 10, stating that Nucoin
Samuel Edyme, also known as HIM-buktu, has carved out a unique path in the world of crypto. His journey didn’t start with a triumphant investment, but rather with a scam that roped him in. Instead of being deterred, Edyme used this experience to sharpen his skills and knowledge in the market. His hands-on experience during
Back in 2019, Cardano experienced a significant drop of 57% following a rate cut by the Federal Reserve. The rates at that time were much lower compared to the current levels, with a public debt of $22 trillion. Fast forward to today, the debt has increased to nearly $35 trillion, and interest rates are now
Investors and gamers have been increasingly drawn to pre-market trading as a means of gaining early access to sought-after game tokens. Platforms like Telegram have introduced games such as Hamster Kombat, Catizen, WatBird, and X Empire, offering traders the opportunity to acquire tokens before they are officially released to the public. This strategy, known as
The Digital Chamber (TDC) has urged Congress to pass legislation that would designate certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. This call for action comes in response to the Securities and Exchange Commission’s (SEC) recent enforcement actions, including a Wells notice issued to NFT marketplace OpenSea. TDC argues
Samuel Edyme, also known as HIM-buktu, is a multi-talented individual in the world of web3. Apart from being a content writer and journalist, he is also an aspiring trader. His portfolio includes works for various prominent industry players like AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s journey into the crypto space has been quite eventful, starting