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Tag Archives: News

Solana Keeps on Crumbling Due to FTX Ties

Solana – a crypto that’s otherwise known as SOL to its personal holders – continues to shed value given it’s so tied to the fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried. Solana Isn’t Doing Too Well FTX is currently in the process of filing bankruptcy. Sam Bankman-Fried is accused of lending out approximately $10 billion in user funds to his other company Alameda Research, which was supposed to be a separate and independent entity from...

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Top Celebs and Investors Still Stand with Bitcoin

Bitcoin had a rough 2022, but that hasn’t stopped high-ranking celebrities and investors from praising it. They feel that while bitcoin may have had a rough 12 months, things can always return to form, and they’re not turning their backs on the world’s number one digital currency by market cap yet. Bitcoin Is Still the Apple of Many Celebrities’ Eyes Bitcoin hit a new all-time high of about $68,000 per unit in November of 2021. Just a year later, the currency was trading...

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Report: North Korea Has Made Off with More Than $1 Billion in Crypto

The top spy agency of South Korea stated its neighbor North Korea has stolen an estimated $1.5 trillion won worth of cryptocurrency funds over the past five years. This is equivalent to about $1.2 billion in USD. More than half of that money was stolen in the year 2022 alone. North Korea Is Still Stealing Crypto North Korea has long been in the habit of stealing digital currency and engaging in crypto hacks and related activities to garner the funds it needs to continue...

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Calgary, Canada Refuses to Give Up on Crypto

2022 was a bad year for crypto. Bitcoin and many leading forms of digital currency have crashed, but that doesn’t mean all the crypto companies out there are turning their backs on their respective industries. Several companies in Calgary, Canada – like Bitvo Inc. – still believe crypto has a fighting chance, and they’re refusing to give up on this growing financial arena. Calgary Has Tried Hard to Incorporate Crypto Bitvo is a unique firm in that FTX – the now failed...

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