November 16, 2022 By Murtuza Merchant The cryptocurrency market is in a crisis, and things look bad. What effects will this have on the cryptocurrency market, and what can we as investors learn from this? Expectations Let’s start with the possible outcomes for the short- to medium-term. We won’t fully comprehend what has transpired until […]

November 16, 2022 By Tsering Namgyal Hong Kong-based crypto exchange AAX has said it is stopping customer withdrawal for ten days due to a systems upgrade. It blamed the glitch on an unidentified third-party but said it has no exposure to now-defunct crypto exchange FTX. When asked about the incident, AAX vice president Ben Caselin

November 15, 2022 By Sharan Kaur Phillora Ripple has joined hands with Ethereal Labs to bring NFTs to the masses in a move that is a marked departure from its typical fare. According to an Ethereal Labs executive, enabling Web 3.0 and NFT capabilities on XRP Ledger will allow users to access a “proven NFT platform”,

November 15, 2022 By Murtuza Merchant The NFT art market SuperRare has introduced a RarePass: Genesis, a new collector’s pass. The year-long crypto art experience included in this pass features monthly drops from the most important SuperRare artists. Additionally, a total of 24 artworks will be airdropped to each holder. On November 15, the pass

November 14, 2022 By Murtuza Merchant Solana NFTs may come to an end due to the imminent bankruptcy of FTX, the fourth-largest cryptocurrency exchange. For those who are unaware, FTX and its rival Binance have been involved in a bitter dispute. The ensuing commotion in the cryptocurrency market has led to a drop in Solana

November 14, 2022 By Sharan Kaur Phillora Venture capital firm Sequoia Capital announced on social media that it has marked down its initial investment of $210 million towards the cryptocurrency exchange FTX to $0, due to potential bankruptcy and solvency issues. Here’s what we know: Sequoia Capital sent a letter to its partners Wednesday informing

November 11, 2022 By Sharan Kaur Phillora Vitalik Buterin, Ethereum Co-founder, has launched a new development for the Ethereum roadmap. He announced the launch of these new changes that seek to reduce censorship, obstruct verification, centralize government operations, and address several other problems. Here’s what we know: In a tweet revealed on Saturday, the Ethereum

November 11, 2022 By Sharan Kaur Phillora Amid a barrage of global financial sanctions, the Central Bank of Russia (CBR) is exploring ways to incorporate crypto assets and blockchain technology into its domestic financial system, as stated in a report published earlier this week titled “Digital Assets in Russian Federation.” Here’s what we know: According to

November 10, 2022 By Anjali Kochaar Michael Joseph Winkelmann, known professionally as Beeple, an American digital artist, graphic designer, and animator known for selling NFTs, is coming to Solana. Stephen Hess, CEO of Metaplex Studios—the creator of Solana’s NFT standard—broke the news at Solana’s Breakpoint conference in Lisbon, Portugal. “In partnership with the Render Network,

November 10, 2022 By Sharan Kaur Phillora After months of silence, the largest non-fungible token exchange, OpenSea, announced it is taking the middle road on “royalties” paid to NFT creators. The move will likely reshape an ongoing debate as to whether these digital assets should automatically pay out “creator fees” when resold (which benefits artists)