Meta’s fintech unit and crypto’s head, David Marcus, will resign from his position at this year’s end. The new face on his place will be Upwork’s former CEO, Stephane Kasriel, who has been previously providing services at Facebook (former name of Meta) since August recent year. Marcus shared his decision on 1st December via a … Read more
The developers of ETH (Ethereum) have invited the network’s community to assist in testing the long-expected Merge among Beacon Chain, which is based on PoS (proof-of-stake), and Etherem mainnet. The Merge counts to be a prominent landmark towards the evolution in the direction of Eth2 because it will witness the transition of the Ethereum network … Read more
Adit Ed Tech Acquisition Corp, known as a SPAC (special purpose acquisition company), intends to acquire self-miner for Bitcoin (BTC) from Griid Holdco, as disclosed by the companies on Tuesday. The scheduled transaction considers the combined firm, including debt. Up to $246M will be received by the mining firm in cash provided by the trust … Read more
Though USDT (Tether) and USDC (USD Coin) are considered to be the most suitable stablecoins in the ecosystem of cryptocurrency, another such coin appears to move toward the top. On November 30, the official account of UST (TerraUSD) on Twitter posted a proposal to increase the liquidity of the coin on Ethereum, via utilizing a … Read more
Many new projects are designed within the realms of the crypto market and continue to grow further. Some digital products have also been introduced, such as exchange-traded funds, blockchain platforms, decentralized apps, and if none of these, then non-fungible tokens. Governments, communities, and institutional organizations all seem hopeful with these digital assets, and evidently, they … Read more
Recently a crypto trader in Hong Kong was kidnapped by a group of anonymous people; the police of Hong Kong are still searching for those responsible and making arrests. Luckily the crypto trader who was kidnapped got saved by the police and is now safe. According to a local media report, a 39-year-old crypto trader … Read more
The Square Inc. is a crypto financing project co-founded by Jack Dorsey and Jim McKelvey. The company has currently decided to make its secret TBD project visible to the public. A TBD platform is a protocol that allows the developers to create open-sourced financial applications on the Bitcoin blockchain network. Square Inc. has also published … Read more
OrbitGTM Review To trade digital assets, you’ll need a trading platform offered by a broker. With the appropriate broker like OrbitGTM, you’ll be able to trade with ease and optimize your profits. OrbitGTM will not only provide you with a trading platform but will also assist you in making the best investing decisions. However, there … Read more
AVAX weakens from its higher highs. The new coronavirus variant scares investors. Avalanche has its massive support of $100. Avalanche (AVAX/USD) encounters price weakness after recording its highs beyond $146. However, the altcoin plummeted to $101.4 on November 21. For now, the pair has its price at $107. Technicals show that Avalanche entered a bearish … Read more
On Tuesday, US stock indexes fell from record highs due to increasing concerns about inflation after last month saw a major increase in producer prices. In contrast, General Electric climbed on news of its plans to divide into three public companies. The producer prices data of the Labor Department indicates high inflation and this has … Read more
