How the Price Swings of Cryptocurrency Work

2 mins read

The world of crypto can feel like a dizzying ride, with prices seemingly fluctuating wildly. Unlike traditional currencies backed by governments, crypto operate in a free market, making their value susceptible to a complex interplay of factors. Let’s delve into the mechanisms that drive the price of crypto up and down, and how outflows and inflows play a crucial role. Supply and Demand: The Core Principle At its heart, the

Recruiting Specialists in the Blockchain Industry: Challenges, tips, strategies

5 mins read

As the founder of Lucky Hunter, an international IT recruitment agency, my journey has been intricately woven into the dynamic landscape of tech talent acquisition. Our venture has been deeply entrenched in collaborating with burgeoning blockchain startups and established companies, allowing us a unique vantage point to understand and navigate the challenges inherent in recruiting tech professionals, specifically within the blockchain industry. In this article, we dissect the challenges companies

Exclusive Interview: CEO of Reputation House Unveils Comprehensive Reputation Management Services at Dubai GITEX GLOBAL 2023

7 mins read

In an exclusive interview conducted during Dubai GITEX Global 2023, the CEO of Reputation House, Dima Raketa, shed light on the distinctive features of their reputation management services, positioning the company as a one-stop solution for businesses aiming to fortify their online standing. Can you provide an overview of your reputation management services? Our reputation management services are pretty unique in the field. What really sets us apart is that

More Than $30 Billion Worth of Crypto Stolen in Hacks Since 2012

1 min read

A recent report by SlowMist, a blockchain security firm, has unveiled that a staggering $30 billion worth of cryptocurrency has been hacked in 1,101 documented incidents from 2012 to the present. This amounts to approximately 2.5% of the total market capitalization of cryptocurrencies. The report highlights the top five most common types of hacks and sheds light on notable incidents, including the infamous Mt. Gox and Bitfinex hacks. SlowMist’s report

Is Your Bitcoin Really Safe If the Government Can Confiscate Them from You?

2 mins read

Bitcoin is often touted as a safe and secure way to store your money, but what happens if the government decides to confiscate your bitcoins? In theory, bitcoin is very difficult for governments to seize. The blockchain is a decentralized ledger that is not controlled by any single entity, so it would be very difficult for governments to shut down or seize the entire network. However, governments can still confiscate

Does XRP have what it takes to reach $2 again?

2 mins read

XRP, the cryptocurrency associated with Ripple, has experienced its fair share of ups and downs in the volatile cryptocurrency market. After reaching a peak of $3.84 in early 2018, XRP’s price has faced significant fluctuations. Many XRP investors and enthusiasts are eager to know if the cryptocurrency can reclaim the $2 price level. In this article, we will explore the factors that could potentially influence XRP’s price and whether it

Should people stop predicting Bitcoin price?

2 mins read

While it’s true that predicting the price of Bitcoin with a high degree of accuracy is challenging and many predictions may turn out to be incorrect, it doesn’t necessarily mean that people should stop attempting to predict its price altogether. Here are a few reasons why predictions can still be valuable despite their inherent uncertainty: It’s important to approach predictions with caution and consider them as one piece of the

Ark Invest Buys $21 Million Worth of Coinbase Shares

2 mins read

Cathie Wood’s Ark Invest has shown unwavering confidence in Coinbase, the prominent crypto exchange operator, by purchasing additional shares on the same day the company was hit with a lawsuit by the US SEC. The move comes amidst a sharp decline in Coinbase’s stock price due to the legal action. Despite the challenging situation, Ark Invest’s flagship ETF, Ark Innovation, along with its Next Generation Internet ETF and Fintech Innovation

Sam Altman Backs Crypto Life Insurance Startup with $19M

1 min read

Bermuda-based Meanwhile, a digital asset-denominated life insurance provider, announced today that it has raised $19 million in seed funding. The round was led by OpenAI CEO and Worldcoin founder Sam Altman, alongside former head of Stripe issuing Lachy Groom. Gradient Ventures, Google’s AI fund, also participated. Meanwhile claims to be the first and only life insurer to offer products entirely denominated in crypto. The company says that its products are

Russian Official Accused of Accepting $28 Million Bitcoin Bribe

2 mins read

A prominent Russian official, Marat Tambiev, has been thrust into the center of a high-profile corruption scandal. Tambiev, who had been serving as the head of the Tverskoy district of Moscow’s investigative department, stands accused of accepting a staggering bribe of 1,032 bitcoins. The alleged bribe, amounting to $28 million, was purportedly offered to him by the hacking group Infraud Organization Mark. Tambiev allegedly received the substantial bitcoin bribe in

Gary Gensler Oversteps His Authority: It’s Time to Put a Stop to It

2 mins read

Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), has been a vocal critic of cryptocurrency. He has called for stricter regulations on the industry, and he has even said that he believes that all digital assets are securities. Gensler’s stance on cryptocurrency has been met with criticism from some in the industry, who argue that he is stifling innovation. They say that his regulations are too

Top Crypto Hacks in the First Quarter of 2023

2 mins read

The first quarter of 2023 has seen a number of high-profile crypto hacks, with hackers making off with millions of dollars worth of digital assets. Here are some of the biggest hacks that have taken place so far this year: These are just a few of the many high-profile crypto hacks that have taken place in the first quarter of 2023. These hacks highlight the need for increased security measures