The American firm that manufactures chewing gum, candy, and collectibles, The Topps Company Inc., has announced the launch of the 2021 Topps MLB Inception NFT collection. Furthermore, Topps is now leveraging the Avalanche blockchain for NFTs after the company was using the Wax blockchain for projects like the Garbage Pail Kids and Godzilla series. Topps …
Yearly archives: 2021
Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s Video Explaining What to Expect When Bitcoin Becomes Legal Tender The Bitcoin …
Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration …
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Three-Time NBA Champion Stephen Curry Buys Bored Ape Yacht Club NFT for $180,000
The superstar point guard of NBA team Golden State Warriors, Stephen Curry, recently spent a six-figure sum on a non-fungible token (NFT). The basketball global icon acquired a Bored Ape Yacht Club NFT at a price of 55 Ether, worth approximately $180,000 at the time of the purchase, on the crypto-collectibles platform OpenSea. ADVERTISEMENT …
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BitPay wallet integrates 1inch Network DEX aggregator
1inch Network, a major decentralized exchange (DEX) aggregator and automated market maker, is broadening its reach by partnering with the veteran crypto wallet provider BitPay. The two companies announced today that 1inch’s DEX aggregation functionality will from now on be available for all users of the BitPay wallet — an app that allows individuals to …
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FTX.US acquires Bitcoin derivatives platform LedgerX
FTX.US, the United States-based affiliate of Sam Bankman-Fried’s cryptocurrency exchange FTX, is acquiring crypto derivatives platform LedgerX for an undisclosed amount. FTX.US’ owner, West Realm Shire Services, announced on Tuesday that the company had executed a sale-and-purchase agreement to acquire LedgerX’s parent company, Ledger Holdings. The deal is expected to close, pending satisfaction of customary closing conditions, …
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The great crypto flippening: Can Ethereum overtake Bitcoin?
“Ethereum’s ascent to the top of the cryptoverse seems unstoppable,” declared Nigel Green in mid-August, and it’s not hard to see why the deVere CEO thinks this. DeFi is on a tear, NFTs are mushrooming, Ethereum (ETH) remains more scalable than Bitcoin (BTC) and it also offers more uses including smart contracts. Moreover, Ethereum will …
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MetaMask surpasses 10M monthly active users as DeFi continues to surge
Ethereum wallet and browser extension MetaMask achieved another major milestone in August, as its monthly active userbase topped 10 million for the first time, further highlighting the growing demand for DeFi assets. MetaMask credited a confluence of factors for its exponential growth, including the rapid adoption of Ethereum smart contract technology, the continued expansion of …
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Bitcoin Price Prediction: BTC/USD Bulls Show Resilience Above $47,000
Bitcoin Price Prediction – August 31 The Bitcoin price is back above $47,200 as the recovery keeps coming slowly towards the 21-day moving average. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $52,000, $54,000, $56,000 Support Levels: $44,000, $42,000, $40,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD price movement on the daily …
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5 Best NFT Cryptos to Buy Now – September 2021 Wk 1
If you’re like most investors, you’re probably searching for the best NFT cryptos to buy in September. NFTs are the latest buzz in the crypto industry. These tokens have provided a paradigm shift, offering a new way to own and distribute property. This year alone, over $2.5b worth of NFTs have been sold, Your capital …
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Marvel To Unveil Captain America NFT Statues and Fully Readable Amazing Spider-Man #1 NFTs
It was back in the year 1939 on the 31st of August that the world was first introduced to the amazing world of Marvel Comics. That was 81 years ago on this very day that an entire universe of superheroes was presented before the world. So in order to celebrate the birthday of the famous …
Twelve-year-old boy makes $350,000 from selling whale NFTs Collection
A twelve-year-old boy named Benyamin Ahmed who is a resident from London, has made over a staggering amount of $350,000 or about an estimated 290,000 pounds in UK currency, during the holidays, by creating an entire series of pixelated artworks. He has named the series as ‘Weird Whales’ and has sold them in the form …
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Microsoft Received A Patent For Token Interoperability Solution
The giant of a technology firm, Microsoft has recently been awarded with a patent for devising a token interoperability solution that will be extremely beneficial and useful for blockchains that are of enterprise-class level. This interoperability solution will actually enable the team of developers to create assets that can function and operate cross platforms for …
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This Red-Hot Altcoin Is Up a Staggering 68,500% in Less Than One Year
One surging gaming-based altcoin is vastly outperforming Bitcoin, Ethereum and other large-cap crypto assets amid its meteoric ascent in the last nine months. CoinGecko shows that Axie Infinity’s governance token AXS has surged from a low of about $0.12 early last November to an all-time high of $82.40 on August 21st. The move represents staggering …
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Chinese banks explore e-yuan for selling investment funds and insurance
Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online. The South China Morning Post reported on Tuesday that leading Chinese banks such as Bank of Communications (Bocom) and China Construction Bank (CCB) are working with fund managers …
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