Gary Ngo

Blog Info UseTheBitcoin
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Stats Has written 69 posts about cryptocurrency

Dec 02 2022

Crypto ecosystem: FTX’s crash, BlockFi’s file for bankruptcy and their effects on crypto gambling

Dec 02 2022 Published at UseTheBitcoin under tags  crypto news

In less than a month, two interrelated critical events have shaken the crypto ecosystem, including the crypto exchanges, the crypto companies, the crypto investors, the crypto gambling sites […]

Stripe Launches Fiat-To-Crypto Onramp Solution

Dec 02 2022 Published at UseTheBitcoin under tags  breaking

Stripe announced the launch of its fiat-to-crypto payment offering for businesses on Web3 and expand its partnerships with crypto companies. The fintech company has maintained its optimism toward […]

Dec 01 2022

Sam Bankman-Fried’s Cryptocurrency Empire Owe BlockFi $1B

Dec 01 2022 Published at UseTheBitcoin under tags  breaking

The court has confirmed that FTX and Alameda owe BlockFi $1 billion after the former companies filed for chapter 11 bankruptcy protection. BlockFi’s attorney expressed optimism that the […]

Nov 30 2022

Roboto Games Raises $15 Million In Funding Led By A16z

Nov 30 2022 Published at UseTheBitcoin under tags  breaking

Venture capital investors are turning their attention to new Web3 projects and Roboto Games, which was founded by veterans of Web2, plans to add elements of Web3 to […]

Nov 29 2022

BlockFi Files for Bankruptcy Following FTX Collapse

Nov 29 2022 Published at UseTheBitcoin under tags  breaking

Following the collapse of FTX, BlockFi has officially filed for bankruptcy after several days of assumption on the company’s financial health and liquidity issues. BlockFi Files For Bankruptcy […]

Nov 25 2022

Host of Stars and Celebrities Named in FTX Class Action Lawsuit

Nov 25 2022 Published at UseTheBitcoin under tags  crypto news

A class action lawsuit launched against FTX’s former chief executive Sam Bankman-Fried over the cryptocurrency exchange’s almost unbelievable collapse, names several celebrities as defendants. According to class action […]

ConsenSys Faces Backlash For Collecting MetaMask Users’ Wallet And IP Addresses

Nov 25 2022 Published at UseTheBitcoin under tags  breaking

ConsenSys, a blockchain software technology company, has an updated privacy policy stating that it will collect the user’s IP address and wallet address. The crypto Twitter community expressed […]

Nov 24 2022

What Nov. 30 Tells Us About Ripple Labs & The SEC Lawsuit

Nov 24 2022 Published at UseTheBitcoin under tags  breaking

Ripple Labs and the US Securities and Exchange Commission (SEC) continue their legal battle. Drawing November 30 as a climactic date that determines the course for the outcome […]

Nov 23 2022

TRON Founder Justin Sun Eyes Acquisition of FTX Assets

Nov 23 2022 Published at UseTheBitcoin under tags  breaking

TRON Founder Justin Sun is reportedly evaluating FTX’s assets for possible purchase. The failed exchange closed its first round of bankruptcy proceedings last week. According to Sun, FTX’s […]

Nov 22 2022

Ethereum Price Slips As 400K ETH Moved From Crypto Exchanges

Nov 22 2022 Published at UseTheBitcoin under tags  breaking

The second-largest cryptocurrency by market capitalization, Ethereum (ETH), has drawn attention from whales through the recent dip in its price. Whales were immersed in the mass accumulation of […]

Nov 21 2022

Cardano To Launch Regulated Stablecoin In Early 2023

Nov 21 2022 Published at UseTheBitcoin under tags  breaking

Cardano's ecosystem is set to take off its first fully fiat-backed, regulatory-compliant stablecoin by the end of the first quarter of 2023. The stablecoin will be called USDA […]

Nov 20 2022

Does Crypto Still Have a PR Problem?

Nov 20 2022 Published at UseTheBitcoin under tags  bitcoin news crypto news

It's no secret that the cryptocurrency industry has been struggling to find its footing when it comes to PR. Not only is the space filled with highly technical […]

Nov 18 2022

Multiple Crypto Exchanges Halt Solana Stablecoin Deposits

Nov 18 2022 Published at UseTheBitcoin under tags  breaking

Some of the major cryptocurrency exchanges continue to take measures in light of the recent FTX collapse. The companies halted stablecoin deposits from the Solana (SOL) blockchain, claiming […]

Nov 17 2022

Crypto Contagion: Genesis, Gemini, And BlockFi All Entangled In FTX Collapse

Nov 17 2022 Published at UseTheBitcoin under tags  breaking

The FTX contagion continued to spread as other crypto companies announced changes to their operations, including paused withdrawals, halting new loan originations, and redemptions. Unfortunately, a cryptocurrency lender […]

Nov 16 2022

BlockFi On The Brink Of Bankruptcy Following FTX Collapse

Nov 16 2022 Published at UseTheBitcoin under tags  breaking

The bankruptcy contagion is spreading through the crypto industry as per a report by The Wall Street Journal, BlockFi, a cryptocurrency lender, is also exploring bankruptcy filing following […]

Nov 15 2022

Elon Musk’s Optimistic Stance On The Future Of BTC

Nov 15 2022 Published at UseTheBitcoin under tags  breaking

Elon Musk, technology tycoon and founder of Tesla, has set forth his belief that Bitcoin (BTC), the original cryptocurrency will make it but the financial winter could last […]

Nov 14 2022

Michael Saylor: Here’s Why The Fall of FTX Could Spark Growth In The Crypto Industry

Nov 14 2022 Published at UseTheBitcoin under tags  breaking

Michael Saylor, executive chairman and a co-founder of MicroStrategy, says that the failure of FTX could actually push the cryptocurrency space to greater heights. MicroStrategy is one of […]

Nov 11 2022

Regulators Address FTX Crisis, Calls For Investor Protection

Nov 11 2022 Published at UseTheBitcoin under tags  breaking

After the FTX meltdown, several U.S. authorities are likely to take a closer look at crypto exchanges, underscoring the risks inherent to relying on intermediaries to handle core […]

Nov 08 2022

FTX’s Sam Bankman-Fried Encourage Binance To Work Together ‘For The Ecosystem’

Nov 08 2022 Published at UseTheBitcoin under tags  breaking

Sam Bankman-Fried, the founder of one the world’s biggest crypto exchange platforms, FTX, tweeted to his followers that a competitor was spreading rumors about FTX. He assured everyone […]

Nov 07 2022

U.S. Voters Want Control of Information

Nov 07 2022 Published at UseTheBitcoin under tags  cryptocurrency guide

Ahead of the U.S. mid-term elections, companies are polling the electorate to determine if any concepts could give their party an edge. In late September, venture capital company […]

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