Crypto Champion

Crypto Champion

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


SEC Chairman Says Bitcoin is a commodity

27 Jun 2022 1 minute read 0 comments Yugocean $0.19

     In a statement, SEC Chairman Gensler referred to Bitcoin as the only commodity cryptocurrency. Possible Reason      Although the SEC has always referred to cryptocurrencies as securities for their own right, the agency currently appears to be t...

Coinbase Made KYC Mandatory For Third Party Transfer in Netherlands

26 Jun 2022 1 minute read 0 comments Yugocean $0.37

     For users in the Netherlands, Coinbase has made KYC information necessary for outgoing cryptocurrency payments as of June 26, 2022 (Sunday). The Rule      To comply with the Sanctions Act of 1977, Coinbase implemented some changes for Dutch use...

Charles Hoskinson Suggests on Regulation and Classification of Crypto in US Congress.

24 Jun 2022 1 minute read 0 comments Yugocean $0.32

     Charles Hoskinson, the founder of Cardano, was invited to the US Congress to speak on behalf of cryptocurrencies to the US government. Hoskinson covered a variety of crypto-related topics there. The two main problems were cryptocurrency regulati...

Voyager vs Three Arrows Capital in The Battle Of The Loan

23 Jun 2022 1 minute read 0 comments Yugocean $0.15

     On Wednesday, June 22, Voyager Digital released a statement accusing Singapore-based Cryptocurrency Hedge Fund "Three Arrows Capital" (3AC) of failing to repay loans it had obtained from Voyager. DEBT STATUS   • Credits: Loans made to 3AC contai...

CEL Shot in Arm by PlanC Bounty Announcement

22 Jun 2022 1 minute read 0 comments Yugocean $0.11

  Surprise Increase in Value During June 19 to 21, 2022, the price of CEL, the native token of Celsius Network, increased by approximately 400%, making it the cryptocurrency market's fastest-growing asset during this time. Wild Guess But It Was PlanC...

Alameda Research's help to Voyager Digital is considered suspicious

21 Jun 2022 1 minute read 2 comments Yugocean $0.27

     The company "Alameda Research" of Sam Bankman-Frieds, (abbreviated as "SBF"), recently made an effort to save crypto brokerage "Voyager Digital" from bankruptcy by providing two revolving loan, but this is suspicious. The Loan      The provid...

CAR To Go Ahead With Bitcoin

20 Jun 2022 1 minute read 0 comments Yugocean $0.18

     The Central African Republic (CAR) becomes the second country in the world, after El Salvador, to embrace bitcoin as legal tender in April 2022, and the first country on the African continent. Expert's Opinion Presidenti Faustin-Archange Touadér...

El Salvador President Bukele Backs Bitcoin Again, But Gold Inventor Schiff Criticizes Him

19 Jun 2022 1 minute read 6 comments Yugocean $0.51

     President of El Salvador, Nayib Bukele, has broken his silence and reaffirmed his support for Bitcoin. This time, though, he faces opposition from Peter Schiff. Bukele Supports Bitcoin      On Sunday, Bukele tweeted on Father's Day, urging peopl...

Bitcoin Market Bloodbath Is Effecting El Salvador

18 Jun 2022 1 minute read 1 comment Yugocean $0.34

     El Salvador president Nayib Bukele, who came into the limelight by making Bitcoin legal tender in his country, is now facing the bear music. No Buy The Dip     President Bukele has stopped following "buy the dips" strategy, his last Bitcoin purc...

Celsius Network in legal trouble, but not giving up

17 Jun 2022 1 minute read 0 comments Yugocean $0.27

     Celsius Network is in legal trouble from both government and crypto fans. Alex Mashinsky, CEO of Celsius, has already started the process of his defense. Government Trouble      The Network is now facing public anguish, and regulators do not wa...