Today Binance released its first Merkel Tree Proof of Reserves (PoR) system as a show of its commitment towards transparency following the collapse of giant exchange FTX. However, in a statement, the exchange noted that it would first disclose BTC holdings before sharing details of other tokens and networks “in […]

In an interview released on Wednesday (23 November 2022), Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), predicted how low the Bitcoin price could go in the short to medium term. During an interview on YouTube series “The Birb Nest”, according to a report by The Daily […]

Shares of Palisade Bio, Inc. (PALI) are surging more than 100% Tuesday morning after the company said that the U.S. Food and Drug Administration granted Fast Track designation for its drug candidate LB1148 for accelerated return of bowel function following surgery. LB1148, which is currently being evaluated in a Phase […]

Crypto market capitalization dropped more than a percent in the past 24 hours amidst market sentiment largely dictated by the cascading effects of the FTX bankruptcy. Markets continued to watch for news from troubled crypto brokerage Genesis Trading and for hints from crypto exchange Gemini which was struggling to process […]

On Thursday (17 November 2022), one of Silicon Valley’s top tech venture capital investors explained why he believes that Bitcoin’s price will reach $250,000. Here is Draper’s bio (from Draper University’s website): “He is a supporter and global thought leader for entrepreneurs everywhere, and is a leading spokesperson for Bitcoin, Blockchain, ICOs […]

On Friday (18 November 2022), Canadian rapper, singer, actor Drake, who showed off what appears to be a Ledger Nano hardware wallet bedazzled with Swarovski crystals. Per a report by Casino.org, the 36-year-old Toronto-born artist joined the world’s biggest cryptocurrency sportsbook and casino Stake inDecember 2021 under the username “DeepPockets6” […]

Cryptocurrencies gained 1.36 percent in the past 24 hours amidst continuing revelations of the cascading effects of the FTX implosion. The unveiling of the actual situation at FTX, the bankruptcy proceedings and the ramifications of the FTX downfall on the wider crypto space continued to dominate headlines. In an important […]

On Thursday (17 November 2022), Nayib Bukele, the president of central American nation El Salvador, announced his country’s new Bitcoin acquisition strategy.   As you may know, on 5 June 2021, Zap Solutions (a Bitcoin payments startup that uses the Lightning Network) Founder and CEO Jack Mallers announced at Miami’s […]

Crypto markets continued in a negative trend even as market participants digested the shocking events over the course of the past fortnight. The CoinDesk report which revealed how the divisions in Sam Bankman-Fried’s crypto empire blurred on his trading titan Alameda’s Balance Sheet had appeared on November 2. On November […]

Shares of Walmart Inc. (WMT) are rising more than 7% Tuesday morning after reporting better-than-expected third-quarter results. The retail giant also raised its full-year outlook. The company posted a loss of $1.80 billion or $0.66 per share in the third quarter, compared with profit of $3.11 billion or $1.11 per […]