Crypto Champion

Crypto Champion

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


Crypto Custodian Prime Trust files for bankruptcy

16 Aug 2023 1 minute read 3 comments Yugocean

     US-based crypto custodian Prime Trust has sparked new controversy by applying for Chapter 11 bankruptcy protection in Delaware. Company Problem      The problem with Prime Trust is serious. The company owes an estimated $500 million to more th...

Coinbase launches in Canada

15 Aug 2023 1 minute read 0 comments Yugocean

     The US's largest crypto company, Coinbase, has today officially launched in the world's second-largest country, Canada. The Canadian market is ready for Coinbase      Sometime back, the world's largest exchange, Binance, left Canada; since the...

BASE Network becomes center of attraction for NFTs

14 Aug 2023 1 minute read 5 comments Yugocean

     Layer-2 network "Base", developed by crypto giant Coinbase, becomes the focus of firms during its first event, "Onchain Summer," to launch NFT. Online companies in BASE      Digital giants are issuing their non-fungible tokens (NFTs) on Base....

Gemini Exchange Introduces XRP Faucet

13 Aug 2023 1 minute read 4 comments Yugocean

    Struggling Gemini Exchange has included XRP Faucet on its platform and got cheers from the XRP community. The Gemini inbuilt XRP faucet      Gemini has just added an XRP faucet to its platform to reward verified Gemini users with XRP. This fauc...

Increased difficulty sends SBF back to Jail

12 Aug 2023 1 minute read 3 comments Yugocean

     Accepting the DoJ's appeal in the FTX case, Judge Lewis Kaplan's court revoked SBF's bail and put him back behind bars. Caroline's diary leak increased the difficulty      SBF had a difficult time getting bail, but Caroline Ellision's diary le...

SEC Down against Strong but Not out against Weak

11 Aug 2023 1 minute read 4 comments Yugocean

     The arrogance of the SEC is falling in the present circumstances, but it looks like a sign of desperation, and the SEC is in a quandary.  Giggle on Coinbase      Since the SEC does not have any clear regulation, it has given the Coinbase case a...

Binance Exits Germany and Enters El Salvador as the first crypto Exchange

10 Aug 2023 1 minute read 5 comments Yugocean

     Binance is the largest crypto exchange in the world. El Salvador is the first country in the world to legalize bitcoin. Now both starts a new chapter. Exit Germany Enter El Salvador.      Binance war regularly denied licence in Germany to oper...

Huobi is in Trouble

9 Aug 2023 1 minute read 7 comments Yugocean

     Huobi is a big exchange of Asia, but because to the ineffectual leadership, it is surrounded by saints. The exchange as a whole is suffering under Justin Sun's unsure leadership. The Arrest of the Executive Increased the Mistrust.      Analys...

PayPal Enters Stablecoin Business with PYUSD

8 Aug 2023 1 minute read 3 comments Yugocean

     PayPal, a leader in electronic payments, has launched the USD-backed stablecoin PayPal USD, $PYUSD. PayPal is placing an important waging chapter through this. Reliability of $PYUSD The stablecoin industry has been under suspicion ever since...

Better performance of Bitcoin in Q2

7 Aug 2023 1 minute read 2 comments Yugocean

     The market driven by bitcoin continued to fare better in Q2 of 2023 as both trading volume and market capitalization rose, while a were followed by next performance. Increasing Bitcoin Market Cap        BTC's market cap increased by more than...