Cryptocurrency

The Report Spooks Participants in the Crypto Market

In its bankruptcy filing, FTX listed more than 130 affiliated companies around the globe. Nov. 30: As part of a media blitz, Bankman-Fried tells New York Time’s Andrew Ross-Sorkin, “Look, I screwed up,” and didn’t knowingly misuse clients’ funds. The company valued its assets between $10 billion to $50 billion, with a similar estimate for its liabilities. Nov. 17: Ray […]

What are the Different Types of Cryptocurrency?

CoinMarketCap currently lists 10,000 ‘active’ cryptocurrencies – although even with many of these, liquidity may be so low that they’re effectively untradeable. The reason there are so many types of cryptocurrencies is that blockchain technology is open-source, meaning anyone can use the original code to create something new. Why are there so many cryptocurrencies? Read next: What is the flippening? […]