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    1. Business News
    2. Authors
    3. fe digital currency

    FE Digital Currency

    Kimchi premium is considered the gap between cryptocurrency prices in South Korean exchanges compared to foreign exchanges
    Investigations held on South Korean banks over illegal oversees remittance transactions

    Through the investigation, it was found that majority of the $6.5 billion remitted oversees was done by cryptocurrency exchange accounts

    By FE Digital Currency
    August 16, 2022 11:54 IST
    Information from Cointelegraph mentioned that one of the group’s primary concerns stated in the letters is the possible financial impact associated with risks due to investing in speculative digital assets
    TINA.org calls out 19 celebrities for wrongful promotion of NFTs

    Among the list of celebrities included Floyd Mayweather, Tom Brady, Eminem, Snoop Dog and Gwyneth Paltrow

    By FE Digital Currency
    August 16, 2022 10:22 IST
    On July 14, the company filed for Chapter 11 bankruptcy after it became one of the cryptocurrency lenders to face the consequences caused by the fall in Terra USD collapse
    Celsius’s actual debt stands at $2.85 billion: Report

    According to Cointelegraph, the latest report projected that the company’s total net liabilities stands stands at $6.6 billion and total…

    By FE Digital Currency
    August 16, 2022 09:20 IST
    Information from Cointelegraph mentioned that according to BSP, cryptocurrency adoption in Phillipines has increased over the last couple of years on account of the COVID-19 pandemic
    Investors need protection through rising cryptocurrency demand: Philippines central bank

    According to Cointelegraph, Bangko Sentral ng Pilipinas (BSP), the Phillipines Central Bank, aims to promote education as the authority is…

    By FE Digital Currency
    August 15, 2022 17:47 IST
    In January, Samsung made the announcement that it will be creating a NFT aggregator for integration into smart televisions
    Web3.0 space can face utility-based challenges: Samsung Next’s Raymond Liao

    According to Cointelegraph, Raymond Liao, managing director, Samsung Next, spoke about the company’s initiative to explore the Web3.0 space by…

    By FE Digital Currency
    August 15, 2022 16:52 IST
    Difference in rates between cryptocurrency and traditional savings accounts can come with higher risks related to the service
    How can interest be earned through cryptocurrency savings accounts

    According to Cointelegraph, cryptocurrency savings accounts give retail investors the facility to accrue their funds by earning interest on cryptocurrency…

    By FE Digital Currency
    Updated: August 15, 2022 17:04 IST
    The blockchain sector is highly fragmented, with clients having to select between numerous incompatible technology.
    What is blockchain interoperability

    A distributed ledger is sharded when it is broken into little bits that may be handled separately, allowing for parallel…

    By FE Digital Currency
    August 15, 2022 15:26 IST
    Data from Cointelegraph emphasised that the United States government’s sanctioning of the Ethereum-based privacy tool influenced cryptocurrency figures
    Tornado Cash based services prevent institutional capital’s entry: Shark Tank’s Kevin O’Leary

    According to Cointelegraph, in a discussion with Crypto Banter, O’Leary suggested that applications such as Ethereum-oriented cryptocurrency mixer Tornado Cash…

    By FE Digital Currency
    August 15, 2022 14:18 IST
    Block Storage and State Storage comprise TRON's distinct distributed storage protocol.
    What is TRON (TRX) and how does it work?

    TRON also has the highest global circulating quantity of stablecoins, having surpassed Tether (USDT) on Ethereum in April 2021.

    By FE Digital Currency
    August 15, 2022 14:02 IST
    Oracles provide a means for the Web3.0 ecosystem to link to existing legacy systems, data sources, and advanced calculations.
    What is a blockchain oracle, and how does it work?

    The blockchain is a distributed ledger, each node in the network must achieve the same output given the same input.

    By FE Digital Currency
    August 15, 2022 13:47 IST
    Cointelegraph noted that Goel’s notions about gaming and blockchain have been in line with ROK Capital’s Anthony Yoon
    NFT games have the edge over traditional games: Polygon’s Urvit Goel

    As stated by Cointelegraph, Goel spoke in Seoul about how Polygon (MATIC) is trying to make NFT games proliferate, and…

    By FE Digital Currency
    August 15, 2022 13:23 IST
    Some claim that the definition of a Metaverse requires a highly decentralised platform built mostly on community-driven standards and protocols
    Are there any concerns with the Metaverse, and its future?

    Some claim that the definition of a Metaverse requires a highly decentralised platform built mostly on community-driven standards and protocols

    By FE Digital Currency
    Updated: August 15, 2022 13:19 IST
    Data from Cointelegrah noted that despite the ongoing cryptocurrency bear market, many top cryptocurrencies posted modest gains
    Cryptocurrency market will make a recovery: Skybridge Capital’s Anthony Scaramucci

    According to Cointelegraph, in an interview with CNBC, Scaramucci, who also happens to be a hedge fund manager, speak about…

    By FE Digital Currency
    August 15, 2022 12:17 IST
    Other capabilities such as swaps, xcm (cross-chain communications on Polkadot), and Oracle pallet pricing feeds were also paused until "further notice."
    After the Acala exploit, the network and tokens freeze, raising concerns

    Acala is a cross-chain decentralised finance (DeFi) hub that issues the Polkadot (DOT) blockchain-based aUSD stablecoin.

    By FE Digital Currency
    August 15, 2022 11:22 IST
    Due to market conditions, Coinbase unhired fresh candidates and lay off 1,100 staff following a petition against executives.
    Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase

    Coinbase users reported that they had lost their Wormhole Lunas while attempting to transmit them to the exchange, which Coinbase…

    By FE Digital Currency
    August 15, 2022 10:36 IST
    BlueBenx, a Brazilian crypto loan platform, was also hacked, but what happened afterwards was incomparable to Velodrome Finance
    Velodrome recovers $350K stolen funds from team member Gabagool

    Gabagool, like many other investors, lost a lot of money during the 2022 cryptocurrency meltdown.

    By FE Digital Currency
    August 15, 2022 09:26 IST
    The digital euro issued by the European Central Bank would remain a euro (digital euro coin and notes).
    How will the digital euro initiative affect the current financial system?

    ETH, USD appeared to be in consolidation mode after passing the $2,000 level for the first time since May earlier…

    By FE Digital Currency
    August 14, 2022 18:09 IST
    NFT captures the nucleus of the foundation and thereby reveals the larger portrait of the founders.
    DS Group launches NFT “A Dream In A Million Metaphors” on 93rd founders’ day

    The Group has leveraged Web3.0 to bring to life the historical moments in its expanse via an experiential microsite that…

    By FE Digital Currency
    August 14, 2022 15:06 IST
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