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Warning: NEXO Going Bankrupt Like Celsius?

29 Sep 2022 1 minute read 6 comments Bfab

According to Mike Dalton (CryptoBriefing), eight U.S. state regulators issued cease and desist orders or similar charges against the crypto lender NEXO: The allegations concern Nexo’s Earn Interest Product, an interest-bearing account that promises...

Ethereum - The Most Centralized Blockchain?

28 Sep 2022 1 minute read 2 comments Bfab

Although the recent Merge allowing Ethereum blockchain to move from Proof-of-Work to Proof-of-Stake consensus is good news for electricity consumption and ETH inflation rate, it is bad news for Ethereum decentralization. According to Leland Lee, one...

How To (Easily) Stake Polkadot (DOT)

27 Sep 2022 1 minute read 1 comment Bfab

Polkadot community is communicating again, which is good news. They announced a huge increase of TPS (Transactions Per Second) in a few months, which sounds promising. Despite the ups and downs of crypto market, with Bitcoin (BTC) and Ethereum (ETH)...

How To Short Tether (USDT)

25 Sep 2022 1 minute read 9 comments Bfab

There are many articles about the potential issues which could affect Tether (USDT). Further to Terra's UST crash, USDT had even started to depeg from USD. There are regularly some questions about the real reserves backing USDT. Well, all that stuff...

Is Solana (SOL) More Bullish Than Ethereum (ETH)?

24 Sep 2022 1 minute read 3 comments Bfab

According to the latest Nansen report: Solana had significantly more daily transactions compared to Ethereum This is illustrated by the graph below: Does it mean SOL is more bullish than ETH? It cannot be warranted: On one hand, the upcoming Neon...

Why Ripple (XRP) And Chiliz (CHZ) Are Pumping - Should You Buy?

23 Sep 2022 1 minute read 0 comments Bfab

The Crypto market has declined since Ethereum (ETH) Merge, probably because there is no more exciting news, except Cardano (ADA) Vasyl upgrade... However, two cryptos have pumped since the Merge: XRP (Ripple) and Chiliz (CHZ). XRP price has increase...

Crypto Market - The Calm Before The Storm?

21 Sep 2022 1 minute read 2 comments Bfab

The Fed will decide today how much they increase the benchmark short-term fed funds rate. Although they have already increased it by 2.25% this year, with the last two rate hikes at a whopping 75 basis points each, consumer inflation is still conside...

Ethereum (ETH) Is A Castle Made Of Sand

21 Sep 2022 1 minute read 8 comments Bfab

In a civil complaint against Balina, a crypto influencer, the SEC claimed that all of Ethereum falls under US jurisdiction. Why is it a problem? The ruling in this case is likely to set a precedent for how future cases are decided. Concretely, the S...

Bitcoin Death Spiral

19 Sep 2022 1 minute read 0 comments Bfab

You may already have heard about it, and you are freaking out, although you do not really understand what it means: The Bitcoin Death Spiral. What does it mean? The Bitcoin Death Spiral is related to Bitcoin Mining and the cost to mine one Bitcoin (B...

STEPN GMT Earning Activated Soon?

19 Sep 2022 1 minute read 5 comments Bfab

STEPN was the best move-to-earn application ever made a few months ago, but with the decrease of GST value, its user base has collapsed. Initially launched on Solana (SOL), STEPN was then deployed on Binance and Ethereum (ETH) chains, but these updat...