The crypto space has been getting lots of attention lately from several regulatory agencies. The nature of cryptocurrencies and the possible negative impacts has raised so much attention. Recently, the US Federal Deposit Insurance Corporation raised its concerns regarding the risks of cryptocurrencies, especially Bitcoin and Ethereum. FDIC Financial Institution Letter Being a major banking […]
The top global investment platform, eToro, has announced the launch of a subsidiary called eToro.art. eToro.art is eToro’s NFT-based fund platform. Per the official announcement, the digital creators (whether individuals, brands, or agencies) can showcase and sell their works through this new platform. Keeping eToro At The Forefront Of Blockchain Innovations As a launch of […]
Popular cryptocurrency exchange LBank merged with ETHDubai to hold an exclusive event. The event, which took place at LBank Labs, was scheduled to discuss the development of the ETH blockchain and sensitize people about the new internet iteration Web3. The event was graced by prominent venture capitalists, blockchain speakers, CEOs and founders of crypto firms, […]
Nium, a Singaporean financial services technology provider, launches Crypto Accept to allow merchants receive cryptocurrency settlements. According to the report, the Fintech company’s new product will accept settlements in BTC and ETH. The company says that it looks forward to including other virtual assets into its API-powered platform next year. How the Platform Works Per […]
HubbleBIT Review Whether the trading platform you have signed up with cares about you or not is clear from the features you get. Some features are designed only to attract you while others really show that the company cares about your interest as well. A company could offer you leverages of 1:500 right from the […]
Intel has announced the release of the Blockscale ASIC, a second-generation BTC mining chip that the company will use to increase its mining speed and efficiency. Mining Chip To Increase Efficiency As announced on Monday, the latest mining chip will provide more efficiency in energy usage. Also, the company has stated that the chips will […]
Legislators in Oklahoma have taken legislative steps in recent days that, if passed, would provide a tax benefit to cryptocurrency and BTC miners who want to establish a business presence in the region. Oklahoma Supports Crypto Mining A bill introduced by state legislator John Montgomery and the representative of the state, Ryan Martinez this year […]
A lot is happening in the crypto industry as Ethereum has hit its highest price level in the past three months. Bitcoin is currently bullish, while AXS has increased by 12%. Axie Infinity (AXS) Ronin recently got hacked, but the recent increase has caught the market by surprise. What’s Going On With Bitcoin? Bitcoin witnessed […]
Many enterprises have pictured the NFT space as their next destination to market their products and services. The NFT is now a booming ecosystem with many businesses. Samsung is moving to establish the first-ever smart TV in the NFT industry in collaboration with a digital art auction firm, Nifty Gateway. The new intelligent NFT TV […]
Activities in Layer2 have established a new record based on gas fees on the ETH blockchain. Based on data collated from Rebuffo through Dune Analytics, activities in the protocol consumed above 30 billion in transaction fees in March alone. The gas fees came from processed transactions and others in the protocol. The data means Layer2 […]
Ola Finance (a DeFi lending protocol) has acknowledged that it suffered from a hacker exploit on March 31, resulting in the loss of $3.7M worth of digital assets. How The Attack Happened A report by blockchain security firm (PeckShield) showed that the hacker exploited a bug in one of the protocol’s smart contracts to carry […]
Hong Kong-registered crypto firm Huobi is making a move to launch an exchange-traded fund for virtual currencies. An ETF exposes investors to crypto investments without purchasing any of the assets directly. The ETF will monitor major digital currencies and help retail investors get on board with crypto investments. The blockchain firm, whose parent company is […]
Cryptocurrency firm Coinbase has rolled out plans to acquire a Brazilian unicorn 2TM before April ends. According to the popular Brazilian print media Estadão, negotiations for the unicorn’s acquisition are still on, having started at the beginning of 2022. 2TM is the parent company of Mercado, one of the biggest cryptocurrency brokerages in Latin America. […]
Ukraine is currently a war-torn country, destroyed by the firepower of the Russian military, which invaded the country on February 24, 2022. As part of putting in place a befitting structure to tell the next generations of Ukrainians about the war, the Prime Minister of Ukraine, Mykhailo Federov, announced on March 25 the launch of […]
Dubai has begun to lay the groundwork for its future as the cryptocurrency paradise of the world. Binance and FTX have become the trust pioneers to launch the city into the new wave and the first crypto companies to have a sneak peek into what is to come. A Paradise for All Things Crypto Over […]
The number of US politicians in the pro-crypto camp is increasing daily against those in the opposition camp. These politicians advocate for the acceptance and legalization of digital assets as a means of retail payments and investment opportunities. Among US politicians in the pro-crypto camp is Ron DeSantis, Governor of Florida state. Ron revealed that […]
Cryptopoint72 Review One of the cryptocurrency brokers that are providing their services in the crypto universe is Cryptopoint72. As there are doubts about the legitimacy of many brokers, this Cryptopoint72 review is aimed at helping eliminate any regarding this one. The financial markets have always been considered profitable, even if a bit risky, and over […]
Commonwealth Bank of Australia has expressed joy over the increased activity on its Commbank app. The largest bank in Australia has continually experienced an uptake in activity on the app since the financial entity first offered crypto services in 2021. CBA permitted users to purchase and sell virtual currencies via the app. Looking at the […]
Jamaica is a crypto-friendly country, and its government has accepted and is trying to include digital currency in the broad scheme of things. The country has a new central bank digital currency (CBDC) called Jam-Dex, and as an incentive to use this currency, the Jamaican government has said that it will give 2500 Jamaican dollars […]
Ethereum traded nears its $2,550 support again on Saturday, as cryptocurrencies continue to consolidate. Bitcoin and Ethereum have mainly hovered sideways since the massive upsurges on Tuesday. Sideways actions emerge as the market sees heightened uncertainty. Bitcoin (BTC) Bitcoin trades about 1% down at this publication, as the leading crypto by value remains beneath $40K […]
