Charles Anderson

Coinbase Shares Surge 13% Following Brazil Expansion Announcement

The stock of US top crypto exchange Coinbase is up 12% today after the company revealed plans to expand its operations to Brazil. The exchange has promised to deliver a platform that allows Brazilians to buy and sell cryptocurrencies using the country’s currency, reais. Coinbase also said it would support reais withdrawals through Pix, a…

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Recent Bitcoin Rally Boosts Miners’ Operations – Here’s How

The Bitcoin rally that began at the start of the year has made miners a happy lot. According to investment company Stifel, most Bitcoin miners are expected to post profits in the first quarter of this year. BTC rally comes at a time when power prices are finally reducing, essentially helping miners sustain their businesses….

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These Five Blockchain Projects are Outperforming BTC’s Recent 36% Gains

Since last week, the crypto market has been recording massive gains, with Bitcoin increasing in value by 36%. Alt-coins have also seen a surge in their prices, with Fantom, MAGIC, Conflux, Stacks, and Mask Network leading the way. Conflux Network In the past 24 hours, Conflux Network (CFX) has seen gains of 15% and 147%…

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ParaSpace Confirms an Attempted Exploit, Over $4.5M Rescued

On Saturday, several reports suggested that NFT and crypto staking protocol ParaSpace had encountered an attempted attack that put more than $4.5 million at risk. Later that day, the company confirmed those reports while announcing that it had paused its platform to find the vulnerability the attacker was trying to exploit. Hours after the announcement,…

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Coinbase Hastens Plans to Expand Outside the United States

US-based crypto exchange Coinbase has, in recent weeks, accelerated its plans to expand beyond America. According to the company’s spokesperson, Coinbase wants to grow its presence on all continents except Antarctica. The spokesperson added that Coinbase’s international expansion plans would be executed in a way that the exchange is able to offer its products while…

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Court Filing Shows FTX Ex-CEO was Paid Over $2B Mostly From Alameda Research

According to a court filing submitted by the FTX’s new management, the company’s former boss Sam Bankman-Fried received over $2 billion in payments from his trading firm Alameda Research. That amount is even more astonishing when compared to the remunerations received by other executives like Caroline Ellison, the Alameda Research ex-CEO, who only posted approximately…

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What Are Privacy Coins? Zcash, Dash, and Monero Explained

Bitcoin users can make transactions without revealing their personal information, but that does not mean they are completely anonymous. This is because a transaction history is usually displayed on a blockchain for everyone to see. Therefore it is possible for investigators to piece together your identity by tracking the movement of the crypto. But that’s…

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BTC Briefly Crosses $26k Mark as CPI Report Indicates Inflation Held Steady Last Month

On Tuesday afternoon, Bitcoin crossed the $26,000 mark for the first since last Summer following the latest CPI report that indicated inflation in the United States was still alive. The Bureau of Labor Statistics reported Tuesday that the Consumer Price Index (CPI) increased 6.5% in the last 12 months. The report aligned with the expectations…

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What are the Pros and Cons of Decentralized Finance?

The term decentralized finance (DeFi) has become common within the blockchain and web3 spaces. DeFi seeks to decentralize services like lending and borrowing, which are found in the traditional banking system. You can easily mistake financial technology (FinTech) apps such as PayPal, Venmo, and Revolut for decentralized apps, but they are more closely related to…

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