The firm, through the bankruptcy procedure, intends to maximize value for all its stakeholders, it said in a statement.
Tag: cryptocurrency
Cryptocurrencies: why they’ve crashed and what it could mean for their future
But Luna’s value has since fallen drastically – at the time of writing, that £100 is worth around 4p (5¢).
Crypto Space Agency opens up plans for space travel for its NFT holders
With the technological advancements, numerous introductions have been introduced which has amazed all.
CryptoQuant, A Leading On-Chain Data Platform Is Truly The Blessing Every Crypto Investor Deserves
CryptoQuant is the blessing we are talking about! It is a leading blockchain data providing company with a speciality in on-chain data.
How Quinten François went on to become a successful crypto influencer
Quinten says he started investing when he was just 16 years old, learning the workings of the market in depth. In 2017, he came across cryptocurrencies and started investing in them.
Cybersecurity: PowerGhost targets corporate networks in India
New Delhi: A new crypto-currency miner, dubbed PowerGhost, is targeting corporate networks in India and several other regions in the world, according to new research from Russia-based cybersecurity company Kaspersky Lab. PowerGhost uses multiple fileless techniques to discreetly gain a foothold in corporate networks, meaning that the miner does not store[Read More…]
Regulate cryptocurrency to curb illegal transaction: RBI to SC
New Delhi: The Reserve Bank of India (RBI) on Friday told the Supreme Court that it is necessary to regulate the Bitcoin and other cryptocurrencies to check illegal transactions which will impact the international flow of funds. The RBI told the bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar[Read More…]
RBI must ensure safety of proposed cryptocurrency: Assocham
New Delhi: Welcoming the RBI’s move to explore the introduction of an official virtual currency in India, industry chamber Assocham on Sunday cautioned that extreme care is taken to ensure the safety of the data trail that cryptocurrency transactions can leave behind. Placing a ban on all regulated entities, including banks,[Read More…]
Facebook bans cryptocurrency ads on its platforms
San Francisco: Facebook has banned ads that promote initial coin offerings (ICOs), cryptocurrencies like Bitcoin and binary options trading from its platforms, including Instagram, Audience Network and Messenger. The new policy prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, Facebook said[Read More…]
Currency Corner: Bitcoin – Tread with caution!
George Soros, the legendary hedge manager, once said that in the financial markets, it doesn’t matter whether one is right or wrong: What matters is how much money one makes when right and how much one loses when wrong. Investors who managed to catch Bitcoin early looks like geniuses and[Read More…]
Bitcoin surges above $14,000 to new high
Bitcoin crossed $14,000 on Thursday, surging $2,000 in less than 24 hours, a new record high for the cryptocurrency. Bitcoin began the year below $1,000 but continues its sharp rise despite warnings of a dangerous bubble, reports the BBC. It hit the latest milestone during early trading in Asia, according[Read More…]
Here is how this start-up raised $153 million in three hours!!
While the start-up culture in continues to develop across boundaries, a start-up firm Bancor raised $153 million in cryptocurrency in its own Initial Coin Offering, in just 3 hours! This new magically potential way to raise capital for your business is called the initial coin offering. What is Initial Coin[Read More…]