Many Crypto Platforms Default Whilst Well-Managed Businesses Capitalise.

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Uncertainty defines the current situation around global markets, as concerns of war escalation heightens. Russia’s war regime continues to bombard all of Ukraine, whilst Belarus have launched drones that are killing Ukrainians in Kyiv. Belarus has officially joined Russia’s side in the war, as the Belarusian President, Alexander Lukashenko, said […]

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Sam Bankman-Fried Denies Helping Justin Sun Purchase Huobi Global

FTX CEO Sam Bankman-Fried denied reports that he helped Tron founder Justin Sun acquire crypto exchange Huobi Global. Reporter Wu Blockchain published the report alleging that Sun acquired the exchange. Wu Blockhain said that Justin Sun was a core investor in About Capital Management, which has a majority stake in Huobi Global. There have also been rumors earlier in the […]

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Only Polkadot ($DOT) and Cosmos ($ATOM) Offer Higher Real Staking Yields Than Ethereum, Claims Bloomberg Report

According to a recent Bloomberg report, when it comes to staking yields, only two proof-of-stake (PoS) blockchains — Polkadot ($DOT) and Cosmos ($ATOM) — outdo Ethereum ($ETH). As The Daily Hodl reported on October 9, in the October 2022 edition of Bloomberg Intelligence’s Crypto Outlook report, analysts/strategists Mike McGlone and Jamie Douglas Coutts compared the staking yields of various PoS […]

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Mt Gox Saga Nears End of the Road — Creditors Required to Register With Exchanges, Bitstamp Selected by Trustee – Bitcoin News

Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The latest notice says that any creditors that wish to receive payment, must finish the “selection and registration” section on the system platform by the deadline. Furthermore, the crypto exchange Bitstamp […]

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Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar – Economics Bitcoin News

The Egyptian pound recently became the latest currency from the African continent to see its value versus the greenback slump to a record low. The pound’s fall came amidst reports suggesting the Egyptian government is hoping to strike a loan deal with the International Monetary Fund (IMF) within a month or two. Egyptian Pound Still Overvalued The Egyptian pound has […]

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Number of Active Ethereum Users Increased by Over 36% in Third Quarter of 2022

In times of fear of a WWIII, inflation, recession and energy shortage most of the investment instruments suffer substantial losses. Stocks, gold and mostly cryptocurrencies are greatly affected by the troublesome atmosphere around the world. With Ether down approximately 64% year-to-date, followed by Bitcoin down approximately 58% year-to-date, BestBrokers analyst team decided to look into blockchain transaction data and find out how […]

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Prosecutors Hunt for Terra Luna Crypto Exec Do Kwon

A court in South Korea has issued an arrest warrant for crypto executive Do Kwon, the head and founder of blockchain platform Terraform Labs. Kwon is facing charges of fraud following the collapse of the algorithmic stable coin Terra Luna, which fell apart over the summer and is alleged by many to be the responsible party for the bearish conditions […]

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