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What Is Bitcoin SV (BSV)?

Bitcoin SV (BSV) emerged following a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which had in turn forked from the BTC blockchain a year earlier. The goal of Bitcoin SV is to recognize Satoshi Nakamoto’s original vision for the Bitcoin protocol and design, as described in his white paper, early Bitcoin client software, and known Satoshi writings. BSV aims to provide scalability … Continue reading What Is Bitcoin SV (BSV)?

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Solana TVL drops 32.4% as FTX turbulence shakes the ecosystem

Since the news of FTX’s collapse affected the cryptocurrency ecosystem, the total value blocked (TVL) on the Solana network has dropped by 32.4% in the last 24 hours. According to DefiLlama, Solana’s TVL has dropped to USD 423.68 million, 32.4% lower in the last 24 hours, and is still a long way from its all-time high (ATH) of $ 10.17 billion on November 9, 2021. … Continue reading Solana TVL drops 32.4% as FTX turbulence shakes the ecosystem

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The cryptocurrency exchange FTX Group declares bankruptcy

The cryptocurrency exchange FTX Group, which has about 130 affiliated companies, announced on Friday that it has filed for voluntary Chapter 11 bankruptcy. FTX Trading Ltd., doing business as FTX.com, West Realm Shires Services, Inc., and Alameda Research Ltd. have all declared bankruptcy. According to FTX Group, CEO Sam Bankman-Fried has resigned and has been replaced by John J. Ray III. Bankman-Fried and “many employees” … Continue reading The cryptocurrency exchange FTX Group declares bankruptcy