Roland Guirdonan
Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.
Articles by Roland Guirdonan
1 year ago
1 min read
The current market uncertainty has had an effect on the value of the meme cryptocurrency Shiba Inu (SHIB), which has struggled to maintain stability throughout 2022. In fact, the investors in the token have experienced both gains and losses as a direct result of the low SHIB prices. A study of the profits investors made from holding SHIB, in particular, shows that at the asset’s price at the time of publication, 76% of holders are in losses while only 15% are in profits. The final 9% have achieved break-even. Further analysis of on-chain data reveals that 52% of SHIB holders
1 year ago
1 min read
NFTs are being introduced by Polygon blockchain to honor the game and create a global community. At the moment, football is a hot topic. In Qatar, the FIFA World Cup is the most well-attended event. Additionally, well-known players are entering the Blockchain markets. FIFA has collaborated with a 3 million-user metaverse to build fandom in the Virtual World in addition to creating the NFTs and the FIFA World Cup. The well-known football player Cristiano Ronaldo recently made his way into the blockchain community by launching the first-ever NFTs collections on the Binance platform in order to increase fandom and make
1 year ago
1 min read
The founder of the now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried, is scheduled to give a presentation at the New York Times DealBook Summit on November 30. On November 23, Bankman-Fried announced via Twitter that he will be speaking with New York Times reporter Andrew Sorkin “next Wednesday” at the DealBook Summit. And Sorkin made the news publicly official. According to a November 11 Gawker article, SBF’s previous speaker page title was “C.E.O., FTX.” Since FTX filed for bankruptcy, his title on the speaker page has been changed to “Founder, FTX,” reflecting his retirement from the position. The New York Times
1 year ago
3 mins read
FTX founder and former CEO Sam Bankman-Fried apologized to his former colleagues and explained why the crypto exchange failed in a new letter. According to the letter, which was sent on Tuesday and reviewed by The Block, a series of events led to the demise of FTX. It began with the market’s crash in the spring, followed by credit “drying up,” and ended with customers withdrawing their funds in large numbers, according to SBF. To compound matters, FTX’s poor margin management and risk controls eventually led to the company filing for bankruptcy, according to the letter. After that, SBF apologized
1 year ago
1 min read
The hacker responsible for the theft of more than $447 million in cryptocurrency from the crypto exchange FTX has been spotted moving their looted funds once more. According to Etherscan data, between 4:11 and 4:17 p.m. UTC on November 21, the attacker transferred 180,000 ETH across 12 newly created wallets, each receiving 15,000 ETH. At current prices, the total amount moved was $199.3 million. The ETH had not moved from any of the 12 wallets at the time of publication. Some in the cryptocurrency community believe the attacker intends to subdivide it into smaller and smaller amounts to confuse investigators,
1 year ago
1 min read
Binance, the world’s largest crypto exchange, plans to hire 600 more employees by the end of the year, according to the company’s CEO. Changpeng Zhao (CZ) announced on November 21 that the company plans to hire 8,000 people by the end of the year. CZ wrote in his tweet that the exchange had about 5,900 employees in June and now has over 7,400. Concerns about Binance’s dominance in the cryptocurrency industry remain, especially after rival crypto exchange FTX collapsed earlier this month. Last week, CZ stated at an Indonesia conference that Binance intends to establish an industry recovery fund as
1 year ago
1 min read
FTX Japan, the Japanese branch of cryptocurrency exchange FTX Trading, is working to resume withdrawals by the end of the year. While FTX Japan has temporarily halted withdrawals, an official there stated on Monday that work on a new withdrawal procedure is already underway. Furthermore, FTX Accounts Drainer continues to drain crypto assets from users’ accounts, withdrawing nearly $600 million. According to Japan Broadcasting Corp., FTX Japan officials stated in an interview on November 21st that the company is working on a way to begin withdrawals before the end of the year. Withdrawals have been temporarily halted because FTX Japan
1 year ago
1 min read
Input Output Global Inc. (IOG), the company behind the Cardano blockchain, announced the launch of a new data-protection and privacy-centric blockchain and accompanying token on Friday at an event at Edinburgh University in Scotland. The blockchain, dubbed “Midnight,” is one of the Cardano sidechains that will offer zero-knowledge smart contracts, which will allow parties to complete transactions without disclosing any identifying data to each other. “Dust” will be the name of the accompanying token. According to Hoskinson, the blockchain will balance user privacy while granting authorities access to the system if permission is granted. Hoskinson, referring to existing privacy-centric blockchains
1 year ago
1 min read
Following the FTX disaster, global officials were reportedly negotiating global cryptocurrency laws. In terms of price and investor confidence, the waves of the FTX’s decline influenced the overall cryptocurrency market. President Biden has spoken out on his thoughts on the crypto market in order to avoid another FTX-style disaster and to protect investors and other businesses. Following the Bali meeting, Joe Biden and other G-20 leaders issued the following statement: “It is critical to build public awareness of risks, to strengthen regulatory outcomes and to support a level playing field while harnessing the benefits of innovation.” The Financial Stability Board
1 year ago
1 min read
The Middle East Blockchain Awards (MEBA) are one of the most anticipated crypto and blockchain events in the crypto industry, taking place in the United Arab Emirates. The MEBA named the Reef Chain the “Most Promising Web 3.0 Ecosystem Interface of 2022.” Many awards followed, including one for the Bybit, which was named the ‘Best marketplace for NFT buyings in 2022.’ The Reef is a blockchain that is specialized to Decentralized Finance (DeFi) and is also EVM compatible. The Reef chain is, in fact, entirely oriented as a Web 3.0 interface. Furthermore, the Reef Chain astounds with its lightning-fast transactions
1 year ago
2 mins read
Grayscale published a letter from Coinbase Custody attesting that each of Grayscale’s cryptocurrency products is fully backed. Grayscale Investments, a cryptocurrency investment product provider, has refused to provide on-chain proof of reserves or wallet addresses to demonstrate the underlying assets of its digital currency products, citing “security concerns.” Grayscale laid out information regarding the security and storage of its crypto holdings in a November 18 Twitter thread addressing investor concerns and said all the crypto underlying its investment products are stored with Coinbase’s custody service, but stopped short of revealing wallet addresses. Grayscale’s move comes as pressure mounts on the
1 year ago
1 min read
Genesis sought a $1 billion emergency loan from investors before informing clients that redemptions would be halted due to the failure of FTX, according to The Wall Street Journal. According to the Journal, Genesis requested access to the credit facility by 10 a.m. Monday, citing a liquidity crisis. According to a confidential fundraising document obtained by the newspaper, the firm did not receive that funding. As per the paper, “There is ongoing run on deposits driven mainly by retail programs and partners of Genesis (i.e., Gemini Earn) and institutional clients testing liquidity.” Genesis reportedly wanted a bailout before it stopped
