exchange

19Nov

By THEIRL1ADMIN01No Comments

CRYPTOMARKET, IN OTHER NEWS

Dramatic Collapse Of The Cryptocurrency Exchange FTX Contains Lessons For Investors But Won’t Affect Most People

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100 companies connected to it. D. Brian Blank and Brandy Hadley are professors who study finance, investing and fintech. They explain how and why this incredible collapse happened, what effect it might have on the traditional financial sector and whether you need to care if you don’t own any cryptocurrency. 1. What happened? In 2019, Sam Bankman-Fried founded FTX, a company that ran one of the largest cryptocurrency exchanges. FTX is where many crypto investors trade and hold their cryptocurrency, similar t...

Business Video Solutions Make Information Exchange Easier

Video campaigning is wonderfully effective since it involves better user engagement with conceptual and targeted digital content. Promotion of various products, live-streaming events and videos help in enhanced marketing strategies. This is where we comes into play. It offers easy and smart video solutions for business catering to the video marketing segment for various companies. A Forbes article remarks, "Video Content Represents Pure Connectivity". Videos help to vitalize a business. A picture is worth a thousand words; a video is much more. Using videos allows more creative expression, more authentic and specific. The audience understands and connects better. According to Forbes article, 91 percent of consumers are likely to reward brands for authenticity and share the brand with frie...

Man from Miami Beach Apprehended for Unlawful Exchange of Bitcoin for Cash

A web designer from Miami Beach is facing prosecution in the Third District Court for selling bitcoin to Ricardo Arias, an undercover detective. Michell Espinoza, aged 35, was charged with taking part in illegal transmitting and laundering of bitcoin worth $1,500. Detectives began to pursue Espinoza in 2014 when he was advertising himself as a bitcoin seller through the crypto-exchange site, LocalBitcoins.com. He would ask clients to meet him at a restaurant, bank, mall, or internet café where he would sell the bitcoins and charge a fee for his services. Just before his arrest, Espinoza went to a coffee shop on Lincoln Road to meet a client, unaware that the client was Detective Arias. He sold bitcoins worth $416.12 at a price of $500, earning him $83.18. A second meeting between the two...