Crypto Essential News
Crypto Essential News

Crypto Essential News

This blog deals with essential and important cryptocurrency news and trends.

Twitter is launching its own Twitter Coin as it plans to phase out Bitcoin Lighting Network tipping. How could it look like?!

6 Dec 2022 3 minute read 1 comment Ceekz

(Main photo from under fair use) Since Elon Musk took over Twitter, many changes have taken place in the way that the social media platform operates. The major change so far that will ensure its longevity pertains to content monetization...

SBF appearance at the New York Times Dealbook Summit: What were the main points?

1 Dec 2022 3 minute read 1 comment Ceekz

(NYT Dealbook Summit Livestream screenshot. Courtesy of A lot of polemics followed the decision of NYT Dealbook Summit to extend an invitation for SBF to be one of its keynote speakers. It became a matter of concern whether it was acceptabl...

Bitfront crypto exchange shuts down amid the crypto winter contagion

29 Nov 2022 1 minute read 2 comments Ceekz

  (Image from under fair use) Just a day after BlockFi filed for bankruptcy another centralized Crypto platform has bid us farewell. Bitfront, a US based global digital currency exchange halted operations and is shutting down. This make...

How the US Congress tried to stop the SEC from investigating FTX

28 Nov 2022 1 minute read 2 comments Ceekz

(from Unsplash under fair use) Many questions have been posed so far regarding why FTX was getting preferential treatment by the Securities and Exchange Commission. Why would the ever vigilant and over reaching SEC not probe against the FTX exchange...

Sam Bankman Fried will attend a New York Times summit in NYC despite what happened with FTX

25 Nov 2022 2 minute read 9 comments Ceekz

(Older photo from the Munich Security Conference where SBF was a speaker) Sam Bankman Fried, the notorious CEO of FTX crypto exchange is poised to appear in New York for a summit organized by the New York Times. Yes , you read that right. Instead of...

JP Morgan registered its own Crypto Wallet tradermark although it called crypto a ponzi scheme

23 Nov 2022 1 minute read 3 comments Ceekz

That Traditional Finance or TradFi firms and VCs have entered Crypto has been evident since the last cycle. It might be that now, with the situation in the market, many financial institutions appear to be sceptical and lukewarm to provide funding. B...

The Bahamian authorities plan to take control of FTX assets. Things are getting messier! FTX Saga part 2!

18 Nov 2022 1 minute read 1 comment Ceekz

(FTX logo & banner from The FTX scandal will not die out anytime soon. Let's be honest. It is the biggest Black Swam event in Crypto. It could be argued that it is magnitudes bigger than Mt Gox. This event will set crypto adoption back a nu...

Genesis halts Withdrawals: The FTX contagion keeps spreading. Stay safe!

16 Nov 2022 1 minute read 4 comments Ceekz

Today Genesis Global Capital announced that it is stopping withdrawals. As per sources close to the subject; Genesis interim CEO, Derar Islim, contacted, the firms clients to let them know that withdrawal requests have exceeded existing liquidity. F...

Crypto News Daily: LBRY lost its court case against the SEC

8 Nov 2022 1 minute read 0 comments Ceekz

  (Photo from Unplash) This week has been eventful in the Crypto space and it is just Tuesday! FTX bank-run is unfolding after the Twitter altercations between CZ, CEO of Binance and SBF of FTX. Then, in a masterstroke CZ came forward and declared th...

Liberland: A libertarian microstate that plans to move to the Metaverse

7 Nov 2022 1 minute read 3 comments Ceekz

How many of you know Liberland? I would guess not many, and rightly so. It is an unrecognized microstate bigger than Monaco and at similar size with Gibraltar lying on the western bank of the river Danube that serves as a physical boundary betwe...