In the latest interview, Sam Bankman-Fried, the CEO of FTX ,shared that he still has funds for saving companies facing financial trouble. For the last few months, Bankman-Fried, also known as SBF, has been rescuing crypto companies on the verge of collapse. The CEO has already extended a helping hand…

A recent report by Coinbase holds the worsening macroeconomic state and negative sentiments towards crypto responsible for the current market situation. The report, published by Cesare Fracassi, the Chief Economist at Coinbase, explores the crypto prices and the overall market efficiency. The report highlights important things like: Crypto investments have…

NFT sales have taken a real beating in this bear market. Overall, sales are at their lowest point in around a year. Not only are overall sales down, but the floor price of some of the biggest collections has sunk to lows they’ve not seen in some time. Bored Ape…

Vauld, a lending platform backed by Coinbase, has halted transactions, trading, and withdrawals due to the ongoing slump. As the market situation continues to worsen, exchanges and lending platforms are facing financial difficulties. In a corporate statement released on Vauld’s official website, the company announced the decision to suspend withdrawals…

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Web3, crypto, NFTs, and DAOs are divisive issues. Half the world seems to believe this is the future. The other half believe it’s little more than a scam. I, obviously fall into the former camp. But we’ll never be able to convince the detractors that Web3 is a legitimate development…

Quick take: Fraudsters looted thousands of Ukrainians as they tried to grab a part of the country’s crypto donations. The nation has raised over $900 million in donations. Russia’s war on Ukraine has robbed thousands of Ukrainians of their homes, loved ones, and even their lives. The rest of the world has…

Quick take: The SEC is planning to hire 20 team members for its crypto and cybersecurity unit. The enhanced task force will help to protect investors from recurring digital asset scams. The Securities and Exchange Commission (SEC) of the United States intends to nearly double the size of its Crypto Asset and…

Quick take: Jonathan Wu, the Aztec Network’s growth head, may have conducted a job interview with a North Korean hacker. Hackers are now attempting to work for crypto firms as employees. According to the US Federal Bureau of Investigations, North Korean hackers are known for stealing billions of dollars from the cryptocurrency…