Digital Surge Crisis: Australian Crypto Exchange Enters Voluntary Administration Australian cryptocurrency exchange Digital Surge has entered voluntary administration, leading to the suspension of approximately 30,000 Australian customer accounts. Established in 2017, Digital Surge facilitated cryptocurrency trading for Australian enthusiasts, allowing transactions with assets like Bitcoin and Ethereum. Administrator Scott Langdon emphasized that Digital Surge’s directors...Continue Reading
The lending giant has claimed that it’s currently enduring “constructive conversations with creditors” and plans to resolve the situation without the need to file for bankruptcy.Continue Reading
The recent implosion of one of the largest global centralised cryptocurrency exchanges, FTX, has sent the cryptocurrency world spiralling. However, this is nothing new for Bitcoin, as despite this most likely being the worst black swan event in its infancy, it has survived multiple exchange implosions, deep bear markets and miscellaneous strict regulation.Continue Reading
In an unexpected twist, Binance revealed on Wednesday that it has entered into a letter of intent to acquire FTX. The past 48 hours have been tumultuous for the industry, witnessing clashes between the two exchanges and their respective CEOs, resulting in an “exchange war.” For further details, click here. Initially, as the world’s largest...Continue Reading
CEO of Binance, Changpeng Zhao (CZ), has asserted that Binance will be slowly, but surely, offloading and liquidating its holdings in FTT, the native token for its rival exchange, FTX.Continue Reading
In the world of decentralised finance (DeFi), multiple projects have begun to pick up pace in the depths of the bear market, signing huge partnerships to not only bolster their current prices, but their future. Polygon and Solana are making big moves!Continue Reading
In today’s technical update, we delve into the inverse relationship between the DXY (US dollar index) and BTC’s price, provide an analysis of the Elliott wave count on Ethereum, and examine Bitcoin’s longer-term price cycle. With the upcoming FED interest rate decision scheduled for early hours tomorrow and the US Mid-Term elections on November 8th,...Continue Reading
After months of confusion and the avoidance of a full blown trial, Elon Musk has now completed his purchase of Twitter. Could this be a good thing for cryptocurrency and blockchain technology?Continue Reading
Blockchain Gaming Booms as Cryptocurrency Realm Expands With the cryptocurrency realm expanding, blockchain gaming is experiencing substantial growth, offering gamers worldwide an increasingly diverse array of choices for leisurely gaming. According to CoinTelegraph, a recent Newzoo report indicated that the video games market is projected to reach $200 billion in 2022, marking a 5.4% year-over-year...Continue Reading
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