Author: Alexander Smith
Alexander Smith
The New York based writer works as a software engineer during the day while curating articles at night. Alexander is an experienced cryptocurrency enthusiast & blog writer on Medium as "Limitless Insights". He has been involved in the cryptocurrency space for over 7 years, through multiple bull & bear market cycles and has a plethora of insights regarding this domain.
With a substantial $100 million backing from venture capital investors, Worldcoin aims to establish itself as the leading cryptocurrency globally. Sam Altman, the CEO of OpenAI and the mind behind ChatGPT, is launching Worldcoin. Notably, Altman has already unveiled the World App crypto wallet, available for download on mobile devices. Altman envisions Worldcoin as a groundbreaking cryptocurrency that will be accessible to every individual worldwide. What’s WorldCoin? Worldcoin, an Ethereum $ETH blockchain-based ERC-20 token, is designed to resemble existing cryptocurrencies in terms of appearance and trading. Similar to popular cryptocurrencies like Shiba Inu $SHIB and Uniswap $UNI, which are also…
The IRS has lodged tax claims totaling an astonishing $44 billion against the bankrupt cryptocurrency exchange FTX and its associated entities. In recent bankruptcy filings, the IRS has submitted 45 claims against FTX companies for unpaid taxes, posing a significant concern for FTX creditors as the agency asserts priority over other creditors in the bankruptcy proceedings. Among the claims, the IRS has filed substantial amounts of $20.4 billion and $7.9 billion against Alameda Research, a sister company of FTX, for unpaid partnership taxes. Additionally, two claims totaling $9.5 billion have been made against Alameda Research Holdings Inc. These claims have…
Blockchain Expo North America is a groundbreaking event happening on May 17-18, 2023, at the Santa Clara Convention Center in California. Join industry experts in engaging talks, fireside chats, and panels that delve into the blockchain ecosystem. With ample networking opportunities, this two-day expo brings together top professionals for knowledge exchange. Moreover, attendees gain access to a wide range of co-located events featuring cutting-edge technology solutions. By attending, you can explore the realms of IoT, AI, big data, cybersecurity, cloud computing, edge computing, and digital transformation. This event is a must for blockchain enthusiasts eager to discover the latest innovations,…
Seattle-based cryptocurrency exchange Bittrex Inc has filed for bankruptcy protection, following accusations that they were operating an unregistered securities exchange. Operations in the United States ceased on April 30. With the bankruptcy filing having no impact on Bittrex Global, its international subsidiary based in Liechtenstein. Bittrex’s assets and liabilities, as stated in the Delaware court bankruptcy petition, range between $500 million and $1 billion. Bittrex assures customers that their cryptocurrency assets, if not withdrawn before April 30, remain secure. They plan to request the bankruptcy court’s permission to partially reopen customer accounts, facilitating the distribution of crypto assets. In the…