Summary: Kraken plans to launch an NFT marketplace Users of the marketplace will have gas fees covered by Kraken within the platform The only gas fees users will have to pay are when transferring their NFTs into and out of the marketplace There is currently a waiting list to become one of the first users …
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Dubai virtual asset regulatory authority VARA looks forward to its Metaverse debut with the Sandbox This will be the first instance where a crypto regulatory authority is marking its presence in the metaverse by launching its virtual digital headquarters. Dubai’s recently established virtual asset regulatory authority commonly referred to as VARA is launching its one-of-a-kind …
Dfinity Foundation, the developer of Internet Computer Protocol (ICP), has dragged Facebook’s parent company, Meta, to court over its use of the infinity symbol as its logo. The lawsuit, filed in California, has Dfinity claiming that Meta uses the logo for the same reason it chose to register it. Dfinity registered the logo before Meta …
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According to a report from The Economic Times, India is looking to extend its crypto taxations to include gains made from decentralized finance (DeFi) activities. 20% tax on DeFi The report, citing people familiar with the matter, said that the country’s tax department was looking at how it could impose a 20% tax on the …
Algorand has teamed up with FIFA to become the football organization’s official blockchain partner. FIFA revealed this news through a press release yesterday, noting that this partnership involves sponsorship and technical aspects. Apart from becoming FIFA’s official blockchain platform, Algorand will offer the organization a blockchain-supported wallet solution. According to the press release, Algorand will …
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Crypto.com users have voiced their disappointment with the firm’s recent decision to slash members’ rewards benefits. The firm said, effective from June 1, 2022, it would apply reduced cashback for card usage, introduce a cap on cashback rewards for Ruby Steel and Jade Green/Royal Indigo cardholders, and cut CRO staking rewards to acquire the card …
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ALGO was up by nearly 20% during today’s trading session, following the news of a partnership with football’s governing body, FIFA. NEAR and AVAX were also higher on Tuesday, with AVAX extending a recent bullish run. Algorand (ALGO) ALGO was one of Tuesday’s big gainers, as it was announced that FIFA would be partnering up …
The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC Chairman Gary Gensler said the regulator “will be better equipped to police wrongdoing in the crypto markets while continuing to identify disclosure and controls issues with respect to cybersecurity.” SEC Strengthens Enforcement Division’s Crypto Unit The …
BTC continued to trade below $40,000 prior to Wednesday’s FOMC meeting, as crypto markets anticipated a potential rate hike. ETH was also trading close to its long-term support level, with many hoping for an end to current bearish sentiment, after tomorrow’s announcement. Bitcoin BTC was trading below $40,000 on Tuesday, as the world’s largest cryptocurrency …
Ethereum Name Service, or ENS, surpassed a million created names this week, according to statistics from the crypto metrics dashboard Dune Analytics. Data shows that there’s been a significant spike in ENS names registered during the last 30 days, and 24-hour statistics indicate ENS has been a top burner in terms of protocols burning the …
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The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims to successfully tackle the 20-million-customer market in the …
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press release PRESS RELEASE. Bitcoin of America has officially launched a newly redesigned website and blog. The popular operator has created an all-new modern design that features their services. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring …
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A closely followed crypto trader is predicting a parabolic rally for Bitcoin this year despite BTC’s lack of bullish momentum as of late. In a new strategy session, Credible tells his 328,700 Twitter followers that a lot of Bitcoin traders are expecting BTC to continue correcting and sweep the range low at $28,000. “The expectations …
The parent company of the world’s largest open-source online encyclopedia is closing the book on accepting crypto assets as donations. In a lengthy page documenting the process of debate and voting among its community, Wikipedia announces that it is requesting the Wikimedia Foundation to stop accepting donations in the form of cryptocurrencies. Wikipedia says nearly …
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Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4’s Federal Reserve comments. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tudor Jones says “no thanks” to stocks, bonds Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering just above $38,000 at May 3’s Wall Street open. The pair had stayed practically static …
