Cryptocurrency Analysis and News Portal
Australians have been warned to stay away from suspicious-looking fake Bitcoin paper wallets, which work by luring victims into accessing a lucrative crypto wallet but will ultimately drain them of their own crypto holdings.According to a Nov. 22 post on the Facebook page of the NSW Police Force, the scam
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Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for publishing “puff pieces” about SBF and the Alameda Research executive Caroline Ellison. A number of articles have been called out
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In a press statement following the collapse of crypto exchange FTX, the Bank Policy Institute, which represents big banks, said in a statement that “as FTX files for bankruptcy after failing to secure a bailout, policymakers should ensure they do not embed crypto firms in the heart of the financial
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Sam Bankman-Fried handed over control of his company to the veteran Wall Street bankruptcy lawyer who will guide the company’s Chapter 11 process. Source
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"If indeed it can secure the financing to negotiate a power purchase agreement [PPA], we believe Argo's flagship Helios facility could be better monetized," Canaccord analyst Joseph Vafi told clients in a research note. "But given current macro uncertainty and until Argo can get to the other side of where
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DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners. Source
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United States crypto exchange Binance US has created a new “investigations unit” and tapped a former FBI special agent as its new head, with the aim of seeking out and stopping illegal activity on its platform. The “investigations unit” is a brand new unit within the U.S. crypto exchange, the
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Pine Street Labs wants to shake up the wallet experience for companies, funds, traders – really any business that needs to store tokens, says CEO Justin Gregorius. A veteran of crypto backoffices, he told CryptoX that enterprise newcomers find themselves in crypto wallet purgatory: they can’t rely on retail wallets
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There’s a correlation between macroeconomic factors and crypto assets like Bitcoin. Harsh and stricter factors increase the volatility of virtual tokens negatively.
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The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing. Original Source
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