Author: CryptoPress

Celsius Network Insolvent Since Inception

A court-ordered investigation is looking into Celsius Network, a cryptocurrency lender that promised its customers a big 17% return on their deposits every year. The company’s failure was reportedly inherent in its business model, and its founder and CEO, Alex Mashinsky, has come under fire for fraud. “Extreme Market Conditions” In June 2022, Celsius halted withdrawals and transfers, blaming “extreme market conditions.”...

Bankruptcy, Celsius, Front page, FTX, Main, Sam Bankman-Fried

Continue reading

French Hill: We want to make sure that America is the place for blockchain innovation

U.S. Representative French Hill, who is in charge of the newly formed Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, has promised to make the United States the place where fintech and blockchain innovations happen. Hill said in an interview on CNBC’s Squawk Box that the subcommittee’s main goal will be to push for better crypto regulations. “We want to make sure that America is the...

Blockchain, Cryptocurrencies, ETF, French Hill, People

Continue reading

Crypto Market – January 30, 2023

As market confidence grows, more money is going into cryptocurrency funds. At the time of writing, this was briefly changing, and coins were falling sharply. Last week, the number of people buying cryptocurrency investment products quadrupled, and bitcoin is on track to have its best January in almost ten years. After the FTX cryptocurrency exchange failed, Bitcoin and other digital assets almost made up all of the money they lost. This comes...

$ADA, $AVAX, $BNB, $LEO, $OKB, $SOL, $XRP, Bitcoin, Cardano, Crypto market, Cryptocurrencies, Ethereum, Polygon, Tron

Continue reading

Crypto Market – January 26, 2023

Bitcoin trades have been steady on cryptocurrency markets, while GDP and employment numbers point to modest growth. The gross domestic product points to expanding economic activity despite signs of consumer anxiety. The statistics on available jobs continue to be quite limited. Bitcoin$23,874.003.70% With a 24-hour trading volume of $29,756,208,254 USD, the current live price of one bitcoin is $23,086.73 USD. Within the last day, Bitcoin...

$ADA, $BNB, $DOGE, $SOL, $XRP, Bitcoin, Cardano, Crypto market, Cryptocurrencies, Ethereum, Polygon

Continue reading

Ethereum nears Shanghai after first “shadow fork”

Ethereum is one step closer to its upcoming upgrade, Shanghai, after successfully completing its first “shadow fork.” The test launch took place on Monday at around 5:30 a.m. ET, according to Parithosh Jayathi, a DevOps Engineer at the Ethereum Foundation. The shadow fork, also known as a testnet fork, allows developers to test the upgrade on a version of the main network. The main goal of the Shanghai upgrade is to let users withdraw...

$stETH, ETH2, Ethereum, Front page, Main

Continue reading

Crypto Market – January 20, 2023

Even though there was a big bump in the price trend after Genesis Lender filed for bankruptcy and the US Department of Justice sued the Russian exchange Bitzlato, the markets for cryptocurrencies went back up. Bitcoin$23,874.003.70% The live Bitcoin price today is $21,043.11 USD with a 24-hour trading volume of $21,047,213,280 USD. Bitcoin is up 1.20% in the last 24 hours. Bitcoin market cap of $405,449,476,084 USD.  Market Cap:...

$ADA, $BNB, $SOL, $XRP, Bitcoin, Cardano, Crypto market, Cryptocurrencies, Ethereum, Polygon

Continue reading

Genesis filed for bankruptcy protection in USA

Sadly, one more company joins the list of crypto companies that have fallen into bankruptcy.  Genesis Global Capital, LLC, a cryptocurrency lender owned by Digital Currency Group (DCG), filed for bankruptcy late Thursday night in New York. Genesis voluntarily filed three petitions with the bankruptcy court, the company said in a press release. The crypto lender has been having money problems. It owes more than $3 billion to its major creditors,...

Bankruptcy, Cryptocurrencies, Exchanges, Front page, FTX, Gemini, Genesis, Main

Continue reading

GAIN Expo, May 04-05, Amsterdam, The Netherlands

Not every leader is an innovator. But every innovator is a leader. Amsterdam will host the first event dedicated to game industry innovation on May 4-5.  There will be more than 50 exhibitors at the show who want to show off their new products and ideas. How do I use it? What is the interest? Why do you need to integrate it into your business now?   Take everything you know about NFT, AI, Metaverse, and AI and register...

Blockchain, Crypto Games, GameFi, Metaverse, NFTs

Continue reading

Crypto Today: Risk appetite; Bitzlato bust; FTX funds

Risk appetite returns The price of bitcoin has risen by almost a third since the beginning of the year, leading to speculation that the prolonged ‘crypto winter’ is finally beginning to thaw. Short sellers lost hundreds of millions of dollars in the space of just a few days, according to a report from crypto investment service BitStacker. The gains come amid easing inflation and signs that the US Federal Reserve will slow interest...

Binance, Bitcoin, Bizlato, Cryptocurrencies, Exchanges, FTX, Sam Bankman-Fried

Continue reading

MetaMask Airdrop 2023

The MetaMask Airdrop 2023 is one of the airdrops that people are most looking forward to this year. With $MASK tokens in high demand, many investors are looking to get involved in the airdrop to receive their share of the reward. However, users may be required to complete a series of steps before receiving the MetaMask Airdrop 2023. We’ll cover how to prepare for the upcoming airdrop and what you need to do to be eligible for the airdrop. When...

$MASK, Airdrop, DEX, Ethereum

Continue reading

© Cryptopress. All rights reserved.