Taking the Non-Fungible market space in a storm with its skyrocketing trading volume records, OpenSea is all set for a new coloration to expand its ecosystem. In the latest development, the world’s leading NFT trading channel has acquired onramp wallet developer firm, Dharma Labs to further its expansion plans that form part of the 2022 …
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A popular cryptocurrency analyst is bullish on Bitcoin (BTC) even as the price of the flagship crypto asset remains subdued. The crypto analyst and trader pseudonymously known as Smart Contracter tells his 202,400 Twitter followers that Bitcoin is forming a bullish reversal pattern known as the swing failure pattern. A swing failure pattern occurs when …
Interest in crypto continues to grow as Americans show their excitement in the future of digital assets. The first annual Crypto Confidence Survey published by publicly-traded cryptocurrency platform Voyager Digital examined Americans’ experiences with crypto and their perspectives on how crypto will perform in 2022. The report shows many positive sentiments. The survey’s findings revealed …
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The wide world of crypto has always been made up of people who know a lot about money. After all, cryptocurrencies themselves are financial products. The paradigm-shifting elevator pitch of Web 3.0 has always been able to pique the interest of investors, and over the last couple of years, we’ve seen an extraordinary amount of …
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BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round. Institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc., led the round. Since its inception in 2018, the firm has received a total of …
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What is crypto staking? Crypto staking involves locking up one’s cryptocurrency holdings to earn interest or rewards. Technically, “staking” is how certain blockchain networks verify transactions. From an investor’s perspective, staking cryptocurrency is a way of growing one’s crypto holdings without needing to buy more. Staking crypto for maximum passive income is a legitimate way …
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In an interview with Financial Times Vice-chairman of European Securities and Markets Authorities (ESMA) Erik Thedèen urged EU regulators to restrict the usage of the proof-of-work model while mining cryptocurrency. Thèedeen further stated that extensive usage of the proof-of-work mining model poses serious harm to the environment and should be banned to promote a sustainable …
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According to Bloomberg, Google Pay, one of the leading digital wallets for payments, has hired former Paypal executive Arnold Goldberg, in a bid to expand and accelerate its crypto operations. Goldberg will be responsible for heading Google’s payment division to expand the firm’s financial service domain which also includes cryptocurrency-related services. Google hires ex PayPal …
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The world of Web3 is heating up and some of the major internet players are getting involved in the action. Opera, a Norwegian-based internet browsing company, has announced that it is BETA testing a new crypto-focused browser that will be available immediately for Windows PC, Mac and mobile phones. This has the potential to be …
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says. Bitcoin Mining Now Attacked in EU for Burning Too …
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The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential Candidate Looks to Attract Young Voters With Crypto Tax Cuts Yoon …
Microsoft, the software behemoth, announced today it had completed a deal to acquire Activision Blizzard, one of the biggest game developers and publishers in the gaming world. The deal, which involves an all-cash transaction valued at $68.7 billion, will give Microsoft ownership of important franchises like “Call of Duty,” “Candy Crush,” “World of Warcraft,” and …
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank, the State Bank of Pakistan (SBP). Meanwhile, the country’s science minister said that the government intends to “regularize” crypto in the country. Pakistan’s …
Crypto analyst Aaron Arnold thinks Ethereum (ETH), Solana (SOL) and three other altcoins will be “explosive” this year. The co-host of Altcoin Daily tells his 1.2 million YouTube subscribers that surging interest in non-fungible tokens (NFTs) and decentralized finance (DeFi) is driving his bullishness on a handful of crypto assets. “[I’m] talking about quality L1s …
The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting “suspicious activities” in user accounts. In a statement today, Crypto.com revealed that “4,836.26 ETH, 443.93 BTC and approximately US$66,200 in other currencies” had been taken from clients’ accounts without their permission. The overall …
Continue reading “Crypto.com finally speaks out: 483 user accounts compromised”
