administrator – WORLD CRYPTO BUSINESS

Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg

[ad_1] A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian... Read more »

13% of Americans have now held crypto: JPMorgan research

[ad_1] Around 13% of the American population — or 43 million people — have held cryptocurrency at some point in their lives, new research from JPMorgan Chase has revealed. According to a... Read more »

Senator Lummis ‘comfortable’ including Bitcoin in retirement funds amid bear market

[ad_1] US Senator Cynthia Lummis is still a devoted Bitcoin supporter, as she wants to add Bitcoin to retirement funds amid the struggling crypto market.  “I’m very comfortable with making sure that... Read more »

BTC price shakes off Binance ‘FUD’ as analysts eye Q1 2023 Bitcoin bottom

[ad_1] Bitcoin (BTC) stayed steady near $17,000 at the Dec. 12 Wall Street open as news involving Binance failed to spark BTC price downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Factors... Read more »

Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba

[ad_1] Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect telecommunications,... Read more »

ETH wallets of all sizes increased in number during November

[ad_1] CryptoSlate analysts looked into Ethereum (ETH) wallets of all sizes to reveal that most categories have recorded exponential growth during the month of November. Crabs Investors holding up to 10 ETH... Read more »

Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’

[ad_1] Arthur Hayes, the former CEO of crypto derivatives platform BitMEX, thinks the worst might be over for Bitcoin (BTC) this cycle as the “largest most irresponsible entities” have run out of... Read more »

US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research

[ad_1] Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder... Read more »

Binance’s proof of reserves raises red flags: Report

[ad_1] Binance’s efforts to improve transparency of its reserves also exposed red flags in the crypto exchange’s finances, according to accounting and financial specialists consulted by The Wall Street Journal.  As noted... Read more »

Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan

[ad_1] Asian VC firm Sora Ventures has announced it is moving its business to Taipei in Taiwan in favor of “a very crypto-friendly environment.” Sora Ventures was previously based in Hong Kong... Read more »