DeFi or Decentralized Finance has been hailed as the future of the world’s monetary systems. Holiday season 2022 however is challenging that ideology. As the 3rd biggest crypto-exchange in the world collapsed just last month, the shock-waves are still being felt. Today, major DeFi lender BlockFi too had to concede to failure, filing Chapter 11 […]
About: Adam Pereira
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News
BlockFi Was Destroyed — New Bankruptcy Filed in Cryptos
Date: Story By: Adam Pereira -
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AU Gift Shop Plans To Accept Cryptos For Christmas 2022
Date: Story By: Adam PereiraIt’s the holiday season. Gift giving is on everyone’s mind. But not only that, it’s a new era of commerce. Consumers have thousands to millions of dollars to spend in their wallets. Not in a traditional wallet though, but what’s referred to as a ‘cold one.’ Australia’s top shop for Dad Gifts is aware of […]
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Brian Jung, Popular Maryland YouTuber, Lost $500K In FTX Crash
Date: Story By: Adam PereiraDetails of people affected by the FTX crypto-exchange collapse continue to be revealed. Overall, billions of dollars are feared to be lost. Authorities in The Bahamas have investigated & recovered a small portion, $473-million. However, for the platform users affected, it’s not nearly enough of the estimated $1-Billion of customer funds that’s not been […]