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  • Cryptocurrency lender Celsius was 'insolvent from the start'

    Cryptocurrency lender Celsius was ‘insolvent from the start’

    It turns out that Celsius Network, the cryptocurrency lender that promised clients a 17% annual return on their deposits, was indeed too good to be true. Company withdrawals and transfers are suspended in June 2022 amid a liquidity crunch, citing “extreme market conditions”. The price of bitcoin has halved in two months. June in Celsius […] More

  • Twitter started paying interest on its huge debt

    Twitter started paying interest on its huge debt

    Twitter has reportedly paid interest on its over $12.5 billion looming debt for the first time. from Bloomberg and Financial Times. Elon Musk took out billions of dollars in loans back in October 2022 as part of the Billionaire Program. successful push to buy Twitter and make the social media platform private. And thanks to […] More

  • Binance was the main backbone for the Bitzlato crypto exchange

    Binance was the main backbone for the Bitzlato crypto exchange

    It has been reported that US authorities have been investigating Binance for almost four years now. Recent applicationactions against organizations associated with Binance, puts even more pressure on the world’s largest stock exchange.A photo: salarco (Shutterstock) Binance, the world’s largest cryptocurrency exchange, has been linked to a federally controlled cryptocurrency company and its founder for […] More

  • FBI Says North Korea Behind $100 Million Cryptocurrency Theft |  Crypto News

    FBI Says North Korea Behind $100 Million Cryptocurrency Theft | Crypto News

    California-based Harmony said in June it was the target of a cyberattack that resulted in the theft of $100 million worth of digital assets. North Korean hackers were behind the theft of $100 million worth of digital assets from a US crypto firm last year, according to US law enforcement. North Korean hacker groups Lazarus […] More

  • Will cryptocurrencies and blockchain replace banking?  |  Sponsored
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    Will cryptocurrencies and blockchain replace banking? | Sponsored

    Despite the massive fluctuations in the price of bitcoin and the volatility of the cryptocurrency market, they are more popular than ever. Gradually, more and more people are adopting blockchain-based digital currencies. It also raises the question: are cryptocurrencies and blockchain ready to replace established banking and financial systems? Short answer: yes, decentralized finance (DeFi) […] More

  • Cryptocurrency mining plant approved west of Grand Island

    Cryptocurrency mining plant approved west of Grand Island

    John Najarian, co-founder of Market Rebellion, explains why he still invests in some cryptocurrencies. ArchGreen will build the data center on land leased from the Southern Electricity District. The cryptocurrency mining plant will be located on Route 60, a quarter mile south of Capital Avenue, in the South Public Energy Park. The 14 MW […] More

  • Why is Bitcoin (BTC) rising in January?

    Why is Bitcoin (BTC) rising in January?

    A number of factors are behind bitcoin’s New Year’s run, analysts say, including an increased likelihood of lower interest rates and buying by large buyers known as “whales.” Philip Radwansky | sopa images | Light rocket | Getty Images bitcoin 2023 started off on a positive note, with the price of the world’s largest digital […] More

  • Why is Bitcoin (BTC) rising in January?

    Why is Bitcoin (BTC) rising in January?

    A number of factors are behind bitcoin’s New Year’s run, analysts say, including an increased likelihood of lower interest rates and buying by large buyers known as “whales.” Philip Radwansky | sopa images | Light rocket | Getty Images bitcoin 2023 started off on a positive note, with the price of the world’s largest digital […] More

  • Yellen warns of US default risk by June, calls for higher debt limit

    Yellen warns of US default risk by June, calls for higher debt limit

    WASHINGTON, Jan 13 (Reuters) – Treasury Secretary Janet Yellen said on Friday that the United States is likely to exceed its $31.4 trillion legal debt limit on January 19, forcing the Treasury Department to take emergency cash management measures. , which is likely to prevent default ahead of schedule. June. “Once the limit is reached, […] More

  • The collapse of the stablecoin may affect the US bond market: academician

    The collapse of the stablecoin may affect the US bond market: academician

    The almost $1.4 trillion crash of the cryptocurrency market in 2022 did not hit traditional assets like stocks or the real economy. But one scholar warned that the collapse of a major stablecoin could affect the US bond market, marking a potential new area for investors to watch as contagion continues to spread through the […] More