Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


Paolo Ardoino is moving USDT in some strange ways

11 Nov 2024 1 minute read 2 comments Yugocean

     Tether boss Paolo Ardoino is moving tether in some strange ways, let's dive into his ways- Heavy Minting      Tether has created almost 4 billion USDT tokens in the last few days alone. I don't recall any mintings below 50 million, but the most...

Bitcoin Booms as Trump Triumphs

7 Nov 2024 1 minute read 1 comment Yugocean

BTC set a new ATH      Donald Trump's victory in the US presidential elections has sent BTC's value soaring towards a diamond jubilee of $75k. This wasn't a surprise; Trump himself has spoken several times about protecting Bitcoin and crypto markets...

Why Great Going Crypto Project Ends

5 Nov 2024 1 minute read 0 comments Yugocean

     I was thinking why some well-to-do crypto projects die early, why their founders don't try to make it a great business instead of just letting their rising startups end dramatically? When I checked what experts believe, I got different possible...

Cryptoverse ready for vote

3 Nov 2024 1 minute read 5 comments Yugocean

Bitcoin for President       Tomorrow is a big day for the crypto industry in the US, as the US will be holding presidential elections. The future of crypto in the US will be decided by the policies of the new president; now all that is left is public...

Kraken Desktop Launched

2 Nov 2024 1 minute read 1 comment Yugocean

     Kraken has launched a new trading application "Kraken desktop," which aims to provide enhanced support to its users. According to Kraken, this tool is offering full access to all of Kraken's spot and futures markets, as well as new tools and fun...

Worthless Tether's Q3 net profit is $2.5B

1 Nov 2024 1 minute read 1 comment Yugocean

     Tether has released its third quarter financial report, reporting its excellent success ($2.5 billion net profit). Source: Tether      Well, I am not surprised, nor am I excited about such a development from a crypto company. Because Tether is w...

Ex-FTX executive Nishad Singh sentenced to 3 years but no jail time

31 Oct 2024 1 minute read 0 comments Yugocean

No Prison in Sentence      Former FTX Chief Engineer Nishad Singh will not face jail time for the FTX scam. Judge Kaplan was very happy with Singh's cooperation; she sentenced him to 3 years of supervised release. There are so many comments on this b...

Vitalik introduces PURGE in the Ethereum roadmap

28 Oct 2024 1 minute read 0 comments Yugocean

The Purge      Vitalik Buterin has laid out a new potential roadmap titled "The Purge," the fifth installment in Vitalik's ongoing series on Ethereum. The Purge proposes to reduce the need for permanent storage of all history for every node. Source :...

The Netherlands asks for public opinion on Crypto Tax

26 Oct 2024 1 minute read 3 comments Yugocean

Public Opinion Counts      The Dutch tax authority has sought public feedback on firms reporting crypto transaction data. That data will be submitted to the Dutch government, and the government will present a draft bill to the States General (House o...

Cryptoverse made Saylor eat his words

25 Oct 2024 1 minute read 4 comments Yugocean

Absurd of Saylor over BTC value Loss / Risk      In a recent interview with senior business journalist Madison Reidy, MicroStrategy’s Michael Saylor supported "regulated" entities like ETF firms for BTC custody, due to losses / risk in value. I belie...