El Salvador’s government faces investigation for its Bitcoin purchases and ATMs

El Salvador’s government faces investigation for its Bitcoin purchases and ATMs

When rest of the crypto community around the globe is lauding El Salvador for achieving a daring feat such as becoming the first country in the world to accept Bitcoin as a legal tender. There is totally a different scenario going on in El Salvador. This scenario includes multiple large scale protests, riots and now…

Evergrande’s Crisis of Bankruptcy at $306 billion
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Evergrande’s Crisis of Bankruptcy at $306 billion

Chinese real estate giant Evergrande has been grabbing media attention for its huge debt obligation of $306 billion. This is one of those cases where too big to fail companies have failed and many people got affected for losing hard-earned money. Following the news, today the Chinese Central Bank injected liquidity worth $18.6 billion US…

Iran Shutting Down Crypto Mining Farms

Iran Shutting Down Crypto Mining Farms

In July 2019, the Iranian government had for the first time officially recognised the cryptocurrency mining sector as a legal industrial activity. Since then mining companies or mining farms have had to apply for licensing and permits for them to legally operate in Iran. The licensing and permits were all and are still handled by…

Litecoin’s Fake Walmart Announcement

Litecoin’s Fake Walmart Announcement

Hard luck for Litecoin fans. Yesterday, a tweet from the official Litecoin handle claimed a partnership with Walmart. Soon the tweet was deleted and Walmart clarified of no such partnership happening. But that didn’t stop Litecoin from surging 25% after the news made headlines. I’ve found an image of the tweet which was deleted soon…

Afghanistan Currency Crisis – Crypto Adoption Rising Post Taliban Takeover

Afghanistan Currency Crisis – Crypto Adoption Rising Post Taliban Takeover

Post-Pandemic and nationwide war-like situations have certainly taken a toll on the Afghan National Currency. Amid this economic uncertainty, citizens have not been able to withdraw their savings from national banks because of a Cash Shortage. Adding more to that, the currency has been depreciating against the US Dollar for months in a row, and…

Top 5 Most Expensive NFTs Ever Sold in History

Top 5 Most Expensive NFTs Ever Sold in History

Hey there guys, as you can see today’s article is all about the five most expensive NFTs or Non-fungible Tokens ever sold in history. Normally, we would start by giving a brief introduction about what NFTs are? However, we already have a whole article dedicated to exactly that. Please click on the link to reach…

Ethereum, Binance Chain, Polygon Network, or Solana – Who’ll win Defi Wars !

Ethereum, Binance Chain, Polygon Network, or Solana – Who’ll win Defi Wars !

A trading war has been raging between the Centralized Crypto Exchanges (CEX’s) and the Decentralised Trading Exchanges (DEX’s). In 2021 itself, data shows more than 10% of the total trading volume of Centralised Exchanges has moved either permanently or temporarily towards a DEX. Reasons for such a change are pretty obvious, that includes high market…