CryptoTeka Medium

As Spring 2023 approaches, big things are happening in Web3 and Blockchain technology. The much-anticipated Ethereum Shapella Upgrade will happen on April 12, 2023. It will add many new features, mainly the possibility to withdraw staked Ethereum and improve the network in certain ways. The Hong ...

Have you often pondered who has the most Dogecoin in their possession? Dogecoin has seen enormous growth over the years, and it is now widely recognized as one of the market’s most well-known and easily obtainable cryptocurrencies. However, because of the coin’s low value and continuous ...

Global research platform National Geographic has received a lot of criticism from the crypto community after launching its first collection of non-fungible tokens in partnership with Snowcrash on the Polygon network. On January 17, National Geographic unveiled its NFT collection, based on the ...

On Thursday, 12 Jan 2023, employees of the prosecutor’s office, the Ministry of the Interior, and the State Security Service conducted a special operation at the Bulgarian offices of crypto company Nexo. According to a statement from the management of the crypto lender sent to BTA, Nexo will ...

US Department of Justice (DOJ) counsel Seth Shapiro said at the Delaware bankruptcy court hearing that the DOJ does not consider the stock part of the company’s assets in the context of the forfeiture proceeding. Bankman-Fried, the founder of the now-defunct crypto exchange FTX, and the ...

Things are not looking good for Sam Bankman-Fried (SBF) ahead of the bright holidays, and it looks like his Christmas won’t be so merry. Bankman-Fried, the mastermind behind the failed cryptocurrency exchange FTX, was detained by Bahamian authorities on Tuesday. One day after he was locked ...

The crypto sector continues to struggle with the cascading effects of the FTX implosion, with most digital assets trading in a range or, at best, making modest gains. Analyzing the recent events surrounding the five altcoins listed below, part of the community believes that the mentioned ...

The plaintiffs allege that Nexo froze their accounts in 2020-21 after they requested to withdraw their assets from the platform. A group of investors who claim the crypto lender prevented them from drawing more than $126 million worth of cryptocurrencies has filed a lawsuit in High Court in London. ...

A wealthy investor has moved over $1 billion worth of Bitcoin (BTC) to Binance, the world’s largest crypto trading platform by volume. Whale movement research network Whale Alert found that a high-net-worth trader initiated a massive transfer Thursday evening and transferred 68,200 BTC worth ...

MicroStrategy founder Michael Saylor said the FTX crash could spark further growth in the crypto industry. In an interview with CNBC, Saylor said that the collapse of Sam Bankman-Fried‘s FTX crypto exchange would likely speed up U.S. regulations. He also shared that these regulations may lead ...

Ethereum (ETH): How many tokens will be burned each year? Ethereum (ETH) burning was introduced with EIP-1559, and thousands of ETH have been taken out of circulation since then. ETH burning continues in an attempt to make the cryptocurrency deflationary and has succeeded in some blocks. Given the ...

Allegations of money laundering, fraud, and banking crimes have been brought against individuals associated with fugitive OneCoin founder Ruzha Ignatova. According to reports, a Munich lawyer who worked with the “crypto queen” allegedly transferred $19.7 million to Ignatova to purchase ...

Despite recent price drops, VISA seems to think cryptocurrency investors will continue using their holdings for everyday purchases. CNBC reported that the world’s largest payment network is teaming up with global crypto exchange FTX to introduce debit card services in forty countries, ...

A prominent trader who accurately predicted Bitcoin‘s (BTC) fall of over 50% in March is now warning that new lows are ahead. The Twitter monger who goes by the name ‘Capo‘ told his followers that once the cryptocurrency‘s brief surge is over, a major capitulation could be ...

As the overall cryptocurrency market tries to regain strength and Bitcoin (BTC) struggles to hold above the $19,000 level, there could be more bad news for the leading digital asset. Crypto trader and analyst Josh Rager suggested that “things don’t look so good right now” for ...

Kenya’s central bank governor Patrick Njoroge has admitted that he has been under external pressure from cryptocurrency supporters to convert the country’s reserves into Bitcoin (BTC). According to Njoroge, the idea could be called “madness,” noting that converting the ...

The SEC suspects that the world’s largest cryptocurrency exchange has sold unlicensed securities in its ICO, and news agencies have recalled some old cases. Bloomberg reported, for example, that the United States Securities and Exchange Commission was investigating whether Binance Holdings ...

Playtime is over! It all started in January 2022 when the DeFi ecosystem faced the brunt of the bears fueled by sinking rumors of Three Arrow Capital (3AC) and Celsius liquidations. MakerDAO decided to disconnect Aave (AAVE) from its direct deposit module as protection in light of the possibility ...

The crypto industry is preparing for severe consequences after the collapse over the weekend. Bitcoin falls to $17,628 under pressure from rising central bank interest rates. But this is not the only crisis that is looming. Over the past few days, rising temperatures at CeFi lender Celsius saw CEO ...

Gareth Soloway, the chief market strategist at InTheMoneyStocks.com, predicts that Bitcoin could adjust to $12,000. In an interview with Stansberry Research, Soloway said the correction remains possible because Bitcoin has never experienced the current environment, characterized by quantitative ...

Jeremy Allaire, CEO of Circle, the company that issues the second-largest stable coin, USDC, says he predicted the collapse of Terra and UST’s algorithmic stablecoin six months ago because it’s a “house of cards.” “There were two things that surprised me. One was just ...

One of Bitcoin‘s most prominent critics has publicly said he was wrong about Bitcoin after years of rejecting the so-called digital gold. “I was wrong about Bitcoin,” Peter Schiff said on April 2, sparking a severe Twitter discussion. “So many of us appreciate and respect ...