El Salvador began installing crypto ATMs as the country enters the last two weeks of preparation for the big day when Bitcoin (BTC) will claim its legal tender status. The Bitcoin Law, effectively ushered by President Nayib Bukele through parliament in June, will take effect on September 7. 200 Bitcoin ATMs and 50 financial branches …
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A substantial portion of the global trade is conducted through the use of the United States dollars and this, in turn, creates quite a bit of a problem for countries that usually have less reserve of the American dollars. The blockchain-based startup named XREX was launched initially to help cross-border businesses arising out of the …
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Tim Stokely, the founder and CEO of OnlyFans has explained how banks had forced it to drop adult content from the subscription-based content platform. OnlyFans is a popular platform connecting online sex workers to subscribers, but the firm recently changed its policy to prohibit “sexually explicit conduct,” starting Oct. 1 — which has caused backlash …
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By: Dan Moore, Eric Sun, LV Lu, Xinyu Liu Tl;dr: Coinbase is leveraging AWS’ Managed Streaming for Kafka (MSK) for ultra low latency, seamless service-to-service communication, data ETLs, and database Change Data Capture (CDC). Engineers from our Data Platform team will further present this work at AWS’ November 2021 Re:Invent conference. Abstract At Coinbase, we ingest …
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It’s not about competition when it comes to crypto security By Matt Muller, Head of Security Operations, Coinbase At Coinbase we believe that a healthy and safe crypto industry is critical to growing and maturing the cryptoeconomy. Malicious threats against any crypto business are bad for the industry as a whole, not only Coinbase. That’s why …
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Coinbase has announced that it plans to invest 10% of all profits in crypto. The exchange is one of the leading crypto exchanges in the world and with their profit margins, 10% will be a big investment going into crypto. All crypto purchases with crypto will be kept on the balance sheet going forward. And …
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Data reveals that while Bitcoin’s price is shooting up, the on-chain activity hasn’t improved much in the past week. What could be the reason behind this behavior? Bitcoin Breaks $50k, But Activity Lags Behind As per this week’s edition of the Arcane Research report, on-chain activity seems to be slow to recover despite the price …
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Bitcoin has seen some downside action in the past 24 hours, as it was rejected north of $50,000. The first cryptocurrency by market cap trades at $49,207 with a 2.1% loss in the daily chart. BTC moving sideways after rejection at $50K in the daily chart. Source: BTCUSD Tradingview Investors and experts are keeping a …
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Bitcoin has been doing good lately in the market. The digital asset broke the $50K price point earlier this week, before seeing a slight retracement down to $49K. This has been driven by a number of factors in the market. Growing interest is at the top of the list. As the price rallies, a number …
Crypto volatility is a much-feared aspect of the crypto ecosystem, majorly responsible for slow crypto adoption. Many crypto projects tackle this challenge by using different security and stability mechanisms. However, BuyBack and token burn are amongst the most successful ways to ensure a constant price rise of the token, and that the token price is …
The controversial $1 trillion infrastructure bill will see a vote in the U.S. House of Representatives without any amendments to the crypto tax provisions by Sept. 27. The vote was agreed to after the House narrowly approved the Democrats’ $3.5 trillion budget blueprint in a vote of 220 to 212. Despite some initial pushback from …
VISA, the global payment giant has placed yet another bet on the hugely popular Ethereum ecosystem. The company has declared very recently the news of a purchase they have made of a globally popular Non-Fungible Token or NFT collection known as the CryptoPunk. VISA has purchased the NFT which is completely Ethereum based on the …
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The global payments processing giant, PayPal, have been willing to launch their cryptocurrency services in the United Kingdom and have been making statements regarding their plan. Finally, they have announced officially that they are launching their cryptocurrency services in the United Kingdom from the following week. The crypto service from PayPal which was launched in …
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The Chinese e-commerce giant Alibaba had shocked the world and especially the global crypto community when they announced that they are launching their own Non-Fungible Token or NFT Marketplace. The South China Morning Post reported that the NFT Marketplace launched by Alibaba not only allows buying and selling of NFTs but it is also capable …
Crypto analytics firm Santiment says that deep-pocketed investors are buying up Fetch.ai, Bancor and two more altcoins. The crypto insights platform tells its 89,800 followers that decentralized machine learning network Fetch.ai (FET) leads the altcoin pack in terms of heavy whale buying. ADVERTISEMENT It is followed by decentralized exchange Bancor (BNT), indexing protocol The …
