What is NFT and How Does NFT Work? The Ultimate Guide

What is NFTs? What are NFTs? How does NFT Work?

Imagine purchasing a work of digital art online for a reasonable price and getting a unique digital token that serves as proof of ownership. That would be amazing, right? Well, that opportunity is now available thanks to NFTs. NFTs are completely revolutionizing the world of digital art and collectibles right now. NFTs are now promoted … Read more

Coinbase Wallet Delists Ripple (XRP), Bitcoin Cash (BCH) and Ethereum Classic (ETC)

coinbase wallet delisting xrp bch etc xlm

Coinbase Wallet Delists Ripple (XRP), Bitcoin Cash (BCH) and Ethereum Classic (ETC) The largest cryptocurrency exchange in the United States removed several assets from its self-custody mobile app due to declining user interest. Today, Coinbase delisted a number of significant cryptocurrencies from its wallet app, including Ripple’s XRP, the seventh-largest cryptocurrency by market capitalization.  America’s … Read more

BlockFi Bankruptcy Filing : attorney confirms that $355 million in cryptocurrency is frozen on the FTX.

Blockfi Bankruptcy Filing

Block Fi Bankruptcy Filing Attorney Joshua Sussberg revealed to a US bankruptcy court on Tuesday that crypto lender BlockFi has about $355 million in cryptocurrencies frozen on cryptocurrency exchange FTX. FTX’s sister company Alameda Research has already received a loan for $671 million in addition to the $355 million. Alameda has also defaulted on the … Read more

Investment in NFTs: Pros and Cons

Investment in NFTs Pros and Cons Non-Fungible Tokens (NFTs): Should You Invest? If you’ve heard of non-fungible tokens (NFTs), you may have considered making an investment in them. What exactly does investing in NFTs entail, and what are the advantages and disadvantages? Any asset class should be understood before you begin investing in it. NFTs … Read more

Binance Recovery Fund – After the FTX collapse, Binance invests $1 billion to keep the cryptocurrency industry afloat.

Binance Recovery Fund In the wake of FTX’s disastrous bankruptcy, struggling players are looking for support, and cryptocurrency exchange Binance on Thursday provided more information about its industry recovery fund ( Binance recovery fund).  Binance announced in a blog post that it will make an initial $1 billion commitment to the recovery fund. The company … Read more

At least $1 billion in client assets are allegedly gone from the failed cryptocurrency company FTX.

ftx

According to two persons with knowledge of the situation, the defunct crypto exchange FTX has lost at least $1 billion in customer assets. FTX customer funds worth $10 billion were secretly transferred by Sam Bankman-Fried, the exchange’s founder, to Bankman-trading Fried’s firm Alameda Research, the people told Reuters. They said that a large amount of … Read more

Is NFT Gaming Revolutionizing Gaming Industry?

In the gaming business, the concept of micropayments has grown commonplace, and practically every successful video game features paid for things in the gameplay. The ability to transfer and own game characters has provided a plethora of options for the usage of NFTs in the gaming industry. The incorporation of NFTs in apps and games … Read more

Analysis Binance FTX News – Why did World’s leading Crypto exchange FTX asked help from Binance CEO?

ftx

It was a breathtaking day in the world of crypto, a volatile and strange place even on the best days. Cryptocurrencies have fallen all morning on concerns over the solvency of FTX, an exchange platform founded by Sam Bankman-Fried aka SBF. He is an entrepreneur whose name often appears with descriptions such as ‘Genius’, ‘Savior’, … Read more