Tag: companies

Nov 28 2022

FTX Founder Sam Bankman-Fried Could End Up In Jail, Mark Cuban Says

Mark Cuban believes that cryptocurrencies are here to stay, but also said that disgraced FTX founder Sam Bankman-Fried should be afraid about ending up behind bars. Since the demise of SBF's crypto empire on Nov. 11, practically everything has been said regarding the erstwhile multibillionaire and...

Nov 19 2022

FTX Shopping Spree: Sam Bankman-Fried Bought Employees Homes In The Bahamas

FTX, the cryptocurrency exchange platform being held responsible for the recent crash of the crypto market, once again found itself in the dark side of the news following a (not surprising!) discovery that involved its employees and advisors. In his attempt to help shed light on how the Sam Bankman-Fried- owned...

Nov 10 2022

How FTX Collapse Caused Crypto Market To Shed Over $100 Billion In 24 Hours

Nov 10 2022 Published at Bitcoinist.com under tags  companies crypto news ftx sol solana

Major cryptocurrencies are down with some depreciating in value more than 10% in the past 24 hours. Just days earlier, Binance CEO Changpeng Zhao announced that FTX asked for help in dealing with the ongoing liquidity problem in the troubled exchange. This prompted a strong bearish response from the crypto market. Almost immediately after Binance revealed that they might buy the Sam Bankman-Fried...

Nov 09 2022

Coinbase Drops 10% On Binance-FTX Contagion, Says No Exposure To FTT

Coinbase allayed fears of its clients in the face of worries that it might have been affected by a development that made the crypto space lose all of its gains since it rallied back in October 25. On Tuesday, the price of shares of the cryptocurrency exchange platform declined by 10.78% as it settled to $50.83. One culprit for this...

Elon Musk Sells $4 Billion Tesla Shares Since Twitter Takeover – Will He Offload His Crypto Holdings?

Elon Musk - the world’s richest person with a net worth of over $200 billion - sold almost $4 billion worth of Tesla shares after previously announcing he was already done doing so. It can be recalled that in August 9, Musk used Twitter - which he now owns courtesy of a $44 billion purchase - to tell his followers and fans that...

Oct 30 2022

Why Jack Dorsey Is Testing A New Social Networking Site To Rival Elon Musk’s Twitter

Jack Dorsey, co-founder and former Chief Executive Officer (CEO) of Twitter, is inching closer on rivaling social media giants Facebook and Snapchat, and yes, even his own creation that is now under the ownership of Tesla CEO Elon Musk. This is after Bluesky Social, a decentralized social network, finally entered its...

Oct 27 2022

ALGO Price Predicted to Go Back to $0.25 While This New Token Might 20x in 2023

Oct 27 2022 Published at Bitcoinist.com under tags  companies

After spiking by over 15% in the last week of October 2022, Algorand (ALGO) has started showing signs of a price reversal as we move towards the end of 2022. However, investors are eyeing an investment in a new cryptocurrency altcoin - Dash 2 Trade (D2T). With the instant success of D2T during the ongoing presale, a 20x price increase is on the...

Oct 19 2022

Top 10 blockchain companies using AI

Blockchain and artificial intelligence (AI) are some of the most cutting-edge technologies available today, and both are having a significant impact on the way companies are run. Many blockchain companies now integrate the use of artificial intelligence (AI) in their day to day processes owning to some benefits. This article lists the top 10 blockchain […] The post...

Aug 03 2022

PrimeXBT vs. ByBit vs. Deribit: Who Offers The Most Powerful Leverage?

Aug 03 2022 Published at Bitcoinist.com under tags  companies

When crypto bull market profits dry up, the best way to keep gains coming is by using leverage to open long and short positions on cryptocurrencies when volatility strikes. Traders can tailor their trading strategy to fit the trend, not fight against it. The margin trading space is filled with fierce competition, but one must be crowned the champion of trading cryptocurrency on...

Jul 07 2022

PrimeXBT Announces New Platform Test And $100,000 Bug Bounty Trading Contest

Jul 07 2022 Published at Bitcoinist.com under tags  companies

PrimeXBT is an award-winning margin trading platform that recently introduced a Contests tool with weekly trading competitions and massive rewards. Now, the company is utilizing the Contests module to let users test out a new version of the trading platform using risk-free virtual funds....

Jun 23 2022

How To Use PrimeXBT Leveraged Trading Solutions In A Falling Market

Jun 23 2022 Published at Bitcoinist.com under tags  companies

If you check in on the current status of crypto investors, they will tell you the sky is falling, and they are in a state of panic. Meanwhile, traders who rely on leverage trading solutions from PrimeXBT during a falling market are profitable and have a well-positioned...

Jun 20 2022

How to make money from NFTs without selling them

Jun 20 2022 Published at Bitcoinist.com under tags  companies

Are you feeling wrong about the current crypto and NFT market? So are we. How long will it last? No one knows. But there is a plan. This whole period can be turned into a very profitable activity. There is no need to call or persuade anyone to order something, then participate in the pyramid and end up disappointed. Creativity is the essential...

Jun 14 2022

MicroStrategy Bitcoin Bet Backfires, Holding Losses Near $1 Billion – What Now?

Michael Saylor, founder and CEO of MicroStrategy, placed a large wager on Bitcoin that did not appear to pay off. But as the sages would say, you'll never know what you're gonna get, unless you try. As BTC sank to its lowest level in 18 months in the face of an increasing selloff in risk assets and after a crypto lender froze withdrawals...

Jun 09 2022

DeFi Lending Platform AvaxFi secures VC funding from Zen Capital, a Web3 focused Venture Capital fund

Jun 09 2022 Published at Bitcoinist.com under tags  companies

The Venture Capital fund Zen Capital is a crypto fund that has quietly built a portfolio of promising companies. It's led by a group of entrepreneurs and technologists who believe in the power of decentralized technology to change the world. The fund works with blockchain entrepreneurs looking to build companies that will last for decades. Zen Capital is a Limited Partner of...

May 30 2022

Undervalued Metaverse Project Mars4 Is Preparing for New Releases

May 30 2022 Published at Bitcoinist.com under tags  companies

Investors in the crypto business are continuously looking for underappreciated projects with the best chance of enhancing early investors' returns. It's easy to benefit by discovering these hidden gem projects just before they boom with major launches....

May 15 2022

Kraken CEO Shuts Down San Francisco Headquarters – Here’s Why

Jesse Powell, Kraken CEO, talks more in detail about why he decided to shut down Kraken’s headquarters in San Francisco. Kraken was one of the pioneering Bitcoin exchanges. They had this headquarters too in New York. However, New York announced a strict BitLicense regulation in 2015 which prompted Powell to remove Kraken from the Big Apple for good....

Apr 25 2022

Mars4 Metaverse Launches A Rewarding Affiliate Program

Apr 25 2022 Published at Bitcoinist.com under tags  companies

Crypto enthusiasts all over the world are looking for ways to increase their earnings. One of the best ways to monetize your passion for the crypto world is to promote blockchain projects via affiliate programs. The play-to-earn NFT game Mars4 is introducing an affiliate program to anyone interested in promoting Mars4 to earn a generous commission starting from $60 per sale. With full...

Apr 23 2022

Polygon Allots $100 Million For Expansion Of Blockchain ‘Supernets’

Polygon has unveiled a $100 million budget for a new blockchain network dedicated to Web3 development. The network, dubbed Supernets – application- specific blockchains with enhanced efficiency – aims to promote an ecosystem of activities centered on innovation on the Polygon network and Web3 in general. Sandeep Naliwal, co-founder of Polygon, announced in a statement: "The infrastructure tooling enables users to...

Apr 07 2022

Zuck What? Meta Is Reportedly Planning To Create A Digital Token Nicknamed After Its CEO

Apr 07 2022 Published at Bitcoinist.com under tags  bitcoin companies crypto news libra meta

Meta Platforms is preparing to integrate cryptocurrencies into its family of apps, with the goal of using them to reward creators and to facilitate lending and other financial activities. The Financial Times reported on Wednesday that Meta is considering creating "Zuck Bucks," a virtual currency that consumers can use across its apps, as the British lender expands its presence in the $800 billion...

Apr 06 2022

Armaldia: Play, Buy Your Own NFTs, Make a Profit

Apr 06 2022 Published at Bitcoinist.com under tags  companies

Facebook's transformation to Meta is a conceptual displacement towards Metaverse and Web 3.0, crypto and NFTs (non-fungible tokens) are perceived by the global community as a game-changing leap forward with huge potential. The estimated number of global crypto users is 106 million people in the world. 13% of Americans bought or traded crypto in the past 12 months. (By comparison, only 24% of...

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