Cryptocurrency

Crypto Outflows to Self-Custody Increases on Exchange After FTX Collapse

The movement of bitcoin and other cryptocurrencies to self-custody by holders reached a historic level a few days after the collapse of FTX. Data insight provider for digital assets glassnode tweeted that withdrawals from crypto exchanges to self-custody wallets surged by a record that has only been seen three times since 2020. “Following the collapse […]

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FTX Has Been Hacked

Following the official announcement by the founder of FTX Samuel Bankman-Fried on Friday, November 11, 2022, that he filed for bankruptcy of the crypto exchange, different authorities confirmed that the FXT exchange has been hacked. The world’s largest crypto tracking portal CoinMarketCap (CMC) on its site warned traders to be careful and warned them to, “avoid

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The Origin of Solana (SOL)

Solana is an open-source project with high functionality that uses blockchain technology’s permissionless nature. It provides decentralized finance solutions. Solana’s idea and initial work started in November 2017 by Anatoly Yakovenko in a 32-page whitepaper. However, it was officially launched on March 16, 2020, by Solana Foundation based in Geneva, Switzerland. The Solana protocol facilitates

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NFTs In Healthcare: You Can Now Make Money with Your Health Data

NFTs are just more than jpegs of animated monkeys wearing sunglasses and striped shirts in a digital art gallery. Many businesses, particularly the healthcare industry, are making use of its potential. For those who are still not familiar with the phrase, blockchain technology is used to produce non-fungible tokens or NFTs. As a platform for

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