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Should you trust exchanges with your crypto holdings? Pros and Cons of Staking-as-a-Service
As the crypto industry continues to face increased regulatory scrutiny, the recent $30 million settlement by Kraken over allegations of violating SEC rules has put the spotlight on staking as a service. Staking, which involves investors earning rewards by locking up their coins to support the operations of a blockchain network, has become a central […]
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What does the recent Kraken mean for the future of Crypto Staking and the Market?
The recent events surrounding Kraken have had a substantial impact on the already-turbulent cryptocurrency market. The United States Securities and Exchange Commission (SEC) has accused Payward Ventures, Inc. and Payward Trading Ltd., entities that are part of Kraken, of contravening regulations regarding the offering and sale of their crypto-asset staking-as-a-service program. This program entailed investors […]
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Is Crypto Winter’s end in sight? Market stabilization and growth suggest a positive trend
As the crypto market begins to show signs of a decisive uptrend following a difficult bear market, it appears that the crypto winter is finally coming to an end. The market, which has been characterized by a sharp fall in prices and extremely bearish investor sentiment, is now showing signs of stabilization and growth. For […]
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Web3 Venture Capital Funding in 2022 and Market Outlook 2023
By deal count and capital invested, 2022 was the second-largest year for crypto VC after 2021, which was the industry’s greatest year ever. However, every quarter in 2022 saw a decrease in the number of deals and capital invested. The total amount raised by cryptocurrency and blockchain startups in Q4 was $2.7 billion over 366 […]
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Top Web3 and Crypto Reports of 2022 you don’t want to miss
Web3 refers to the third generation of the World Wide Web, which is focused on the development of decentralized, distributed technologies and protocols that enable new ways of organizing and interacting on the internet. In the past few years, there has been significant progress and adoption of Web3 technologies, including blockchain, decentralized finance (DeFi), non-fungible […]
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Recap of key developments in the crypto Industry in 2022 and trends to watch in 2023
The year 2022 has seen several significant developments in the world of cryptocurrency. The market started off strong at the beginning of the year but was impacted by macroeconomic conditions later on. One major event was the failure of TerraUSD (UST) and Luna, which caused significant disruptions and resulted in losses of up to $45 […]
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Week 49: Check out what happened in the Web3 world
Crypto Market this week The price of Bitcoin is still hovering around $17,000, and Ether is further down at $1,274.17. The global crypto market cap is $856.27B. As per CoinMarketCap, the total crypto market volume over the last 24 hours is $39.90B, which makes a 24.79% increase. The total volume in DeFi is currently $2.07B, […]
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Week 47: Check out what happened in the Web3 world
Crypto Market this week Crypto market saw a moderate uptick this week. The global crypto market cap is $830.95B, Bitcoin is still not crossed $17,000 and Ether at $1188. Bitcoin’s dominance is currently 38.15%, a decrease of 0.10% over the day. As per CoinMarketCap, the total crypto market volume over the last 24 hours is $51.81B, which makes a 6.15% decrease. The total […]
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Adoption of Crypto by Traditional Financial Institutions
When Bitcoin emerged in 2009 from the turbulence of the world financial crisis, traditional financial institutions simply ignored it, while a few considered it pretty ordinary: a peer-to-peer electronic payment system introduced by an unidentified author Satoshi Nakamoto through an academic white paper. Many regarded the fundamental value of Bitcoin as zero. It took almost […]
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