Crypto Champion

Crypto Champion

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


United States Seeks Pro Bitcoin President

25 May 2023 1 minute read 4 comments Yugocean

     Nayib Bukele, the President of El Salvador, had predicted that the next US presidential election would be held on the issue of bitcoin, which is turning out to be very accurate. Pro Bitcoin President      As the presidential election in the Un...

FTX reboot in process for FTX 2.0

24 May 2023 1 minute read 2 comments Yugocean

     FTX CEO John Ray III plans to reboot the company; the crypto world is calling it FTX 2.0. FTX: Ruins of an Empire      FTX was founded by crypto scammer SBF, based on a scam that was skillfully expanded into a crypto empire. It was enhanced by...

Happy Bitcoin Pizza Day

22 May 2023 1 minute read 0 comments Yugocean

     Bitcoin Pizza Day is celebrated by the crypto world in honor of the first commercial use of bitcoin on May 18 and 22, 2010. First commercial use of bitcoin      Florida computer programmer Laszlo Hanyecz offered 10,000 bitcoins in exchange for t...

Bitboy in soup over spilling BEN

21 May 2023 1 minute read 6 comments Yugocean

     Bitboy, the crypto analyst who exposed SBF and its FTX empire, has been in the lurch since the $BEN token betrayal. The $BEN Suspense       Bitboy was promoting the $BEN token because his real name is Ben. Many people claimed that Bitboy was th...

Texas Senate Approves Bill that makes Crypto Exchanges to submit Proof of Reserves

20 May 2023 1 minute read 1 comment Yugocean

     The Texas Senate has passed House Bill 1666, which deals with ensuring verification of the declared reserves by crypto exchanges. It will become law in Texas as soon as the governor signs it. Proof of Reserve (PoR)      Cryptocurrency exchange...

Bitcoin Conference 2023 Begins

19 May 2023 1 minute read 2 comments Yugocean

     The Bitcoin Conference for the year 2023 has begun on the world-famous South Beach of Miami, Florida. This convention will run from May 18 to May 20.   El Salvador Example      One cannot forget the first bitcoin country when the largest bitco...

Ledger hardware wallet in hot soup with the release of Ledger Recover

18 May 2023 1 minute read 4 comments Yugocean

     Popular self-hosted hardware wallet Ledger has released a feature called Recover, by which the seed phrase can be reset. This has caused uneasiness among laser users. Its problems are no less grave. Security Breach      Crypto lives in the bloc...

EU Crypto Law MiCA is approved by EU

17 May 2023 1 minute read 1 comment Yugocean

     The Markets in Crypto-Assets (MiCA) legislation has been ratified by the European Union, it will become effective in the middle of 2024. This law lays down guidelines for the use, trade, and operation of crypto in Europe.  THE GOOD (Anti Frau...

Elliptic hacking report, a True illusion

16 May 2023 1 minute read 6 comments Yugocean

     According to the Elliptic study, North Korean hackers, known as the Hermit Kingdom hackers, hacked $2.3 billion worth of crypto between 2017 and 2022, with Japan accounting for 30% of the losses, the highest figure for any country. The Source...

North America is on the verge of losing the crypto industry

15 May 2023 1 minute read 11 comments Yugocean

     North America is the main trade location, however, owing to heavy political pressure, the banking industry there is failing and the cryptocurrency companies are leaving. Coinbase and Kraken are leaving the US; Binance is departing Canada      B...