by Wieke Beenen After the major and long anticipated move from Proof-of-Work to Proof-of-Stake, a transition that went as smoothly as could be expected, Ethereum just entered some new woods, and some rather grim ones too. Now that roughly 43% of Ethereum validator nodes operate from the U.S., (with Germany being the second with 12%), the U.S. Securities and Exchange Commission (SEC). an independent federal government regulatory agency, is claiming Jurisdiction over ETH transactions in a court filing. The lawsuit was filed against Ian Balina on Monday. The crypto influencer launched his own cryptocurrency in 2018 and the SEC believes he flouted some laws in doing so. The SEC believes…

by Staff Following the recent crypto crash, the hype around cryptocurrencies has understandably died down. However, given the many benefits and adoptions of crypto, investors continue to explore more cryptocurrency avenues. One such digital asset that’s been receiving significant buzz is Filecoin. Launched by Protocol Labs in 2020, Filecoin is a decentralized file hosting service. It’s hosted on the blockchain and allows users to rent drive space, similar to the cloud. The service had a slow start, trading between $20 and $30. But Cryptopolitan predicts that it will reach $47 this year — a proof of its investment potential. Still, should you be investing in Filecoin this early into its…

by Staff A FinTech consultant uses technology to automate or streamline processes in the banking industry. Examples are mobile banking, trading platforms, and PayPal. Blockchain, digital banking, and artificial intelligence (AI) are trending in 2022. The first FinTech products were the credit cards that came out in the 1950s. If you are interested in working in this field, we provide you with all the information you need to make a decision.  Skill, Qualifications, and Experience  The ideal FinTech consultant is highly skilled in finance, technology, and business to serve their client base. Knowledge of a programming language, such as Python, cybersecurity, and customer software development would be advantageous. An MBA…

by Staff The war in Ukraine continues. So does the help from various charitable organizations and individuals. WhiteBIT, the biggest European cryptocurrency exchange, couldn’t stand aside from the disaster, providing support to the country since the beginning of the Russian invasion. In almost 4 months, WhiteBIT managed to raise almost 100 mln UAH for the humanitarian needs and the needs of the military. Let’s find out the ways in which the company helps Ukraine and what is its biggest motivation to do so.  What is WhiteBIT? We will start from afar. WhiteBIT is a crypto exchange that comes from Kharkiv, Ukraine. The company’s founder and CEO is Volodymyr Nosov. The…

by Wieke Beenen After crypto lending platform Celsius froze all withdrawals, swaps and transfers between accounts due to “extreme market conditions”, they may now be looking at filing for bankruptcy. According to the Wall Street Journal Celsius Network LLC has hired restructuring consultants from advisory firm Alvarez & Marsal to advise on the possible filing. Celsius, which had approximately $11.8 billion in assets in May and has 1.7 million users, froze all of its activities earlier this month due to the extreme market volatility, a market downturn of which the ending is not in sight yet. The value of Celsius’ assets has fallen with about $25 billion since October. After…

by Staff By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  Who are the biggest sellers currently? One group of people who have a significant influence on BTC price is miners. A major Bitcoin mining farm in Canada, Bitfarms, is now “adjusting its HODL strategy” according to the press release to raise more cash and strengthen its balance sheet. Reportedly, the company has sold 3,000 BTC for approximately $62 million at an average price of $20,600. This selling is partly because Bitfarms have a BTC-backed credit facility with Galaxy Digital LLC, and with this raised cash they will reduce their debt with Galaxy Digital from $66 million to $38 million.…

by Staff Traders strive for maximum efficiency and want to earn the highest possible return on their investments. In light of this, trading robots have become hugely popular among German Crypto traders, and they have now become as readily available as other crypto trading software or exchanges. Cryptocurrency trading can still be a risky venture, but robots are helping many traders minimize their risk by helping to analyze the crypto market and execute trades on the go.  Who Uses Crypto Trading Robots in Germany? A study of 10,388 people by Adam Cochran from different cryptocurrency communities worldwide found that fewer than half (38%) said they used bots to trade cryptocurrencies.…

by Wieke Beenen There has been a lot of talk about Mozilla this week after the company decided to begin accepting PoS crypto again after an outcry against Bitcoin forced it to suspend donations earlier this year. The Mozilla Foundation had put cryptocurrency donations on hold in January following a community backlash sparked by trenchant criticism from co-founder Jamie Zawinski who openly said he wasn’t agreeing with the evironmental impact of crypto, he said: “Everyone involved in the project should be witheringly ashamed of this decision to partner with planet-incinerating Ponzi grifters”. After this statement Mozilla announced it had paused crypto donations due to the online discussion around crypto’s environmental…