A pixelated picture of a rock from the EtherRock collection sold for over $1 million yesterday. It was no Hollywood starrer story of rock success either, but a live-action that’s occurring on the Ethereum blockchain. EtherRock 42 purchased for Ξ400 Ether($1,326,280.00) 7 mins ago (Aug-23-2021 08:31:58 PM +UTC) Txn: https://t.co/bSZvXGmCpt#EtherRock #EtherRocks pic.twitter.com/UGWCfAu1zx — EtherRock Price …
Continue reading “Single ‘EtherRock’ sells for over $1.3 million as NFT mania continues”
A regional high court in China’s Northern Shandong province’s high court said yesterday that crypto trades or investments are not “protected by law,” after reviewing a case involving the asset class, a report on SCMP stated. Local authorities feel the ruling could set a precedent for other courts in China. As such, the case marks …
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Online casino portal GamblersPick talked to 1,000 US investors about the amount of crypto they own, how they have financed their portfolios and what they choose to forgo in order to maintain their investment. Based on survey results, investment calls were made mostly after consulting Reddit, since over a third of crypto holders reported getting …
Continue reading “35% of crypto buyers say they are influenced by ‘Dogecoin Dad’ Elon Musk”
Cardano continues its stunning run of form, gaining 8% in the last 24 hours to $2.83 at the time of writing. Plus a staggering 136% increase in value in the last month. Friday just gone saw it re-reach its previous all-time high of $2.50. That day, plus the following Saturday, saw strong resistance preventing ADA …
Continue reading “Hoskinson laughs off disbelief surrounding Cardano as ADA hits $2.80”
It is not a secret that cryptocurrency has been struggling to find its place in the world. The problem is not that it does not have any value, as many people are happy to use it for transactions without conversions into fiat currency. The issue is with governments and regulations. Some believe cryptocurrency needs regulation, …
Continue reading “Not banks, not memecoins: Is crypto’s biggest hurdle a political one?”
American rapper Micheal Ray Nguyen-Stevenson, better known by his stage name Tyga, plans to take advantage of OnlyFans banning sexually explicit content by launching a direct competitor for the popular platform, which flourished during the pandemic. Set to affirm itself more as a forum for musicians, fitness instructors and chefs than sex workers, the popular …
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Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times. Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the …
Continue reading “Kenya does more peer-to-peer crypto trades than anywhere else in the world”
Payments company Visa has bought CryptoPunk #7610 as part of a broader portfolio of alternative assets, it said in a post this morning. The punk is worth 49.5 ETH (the equivalent of approximately $166,000) and the deal was facilitated by Anchorage Digital. “Over the last 60 years, Visa has built a collection of historic commerce …
Continue reading “Visa steps into NFT fever. Buys CryptoPunk #7610 for $166,000”
Binance, the largest crypto exchange in the world by trading volume, in its bid to combat its battle with regulatory authorities around the world has appointed Richard Teng, the former chief regulatory officer of the Singapore Exchange (SGX), as the head of its Singapore’s branch. Binance hiring regulatory chiefs to be regulatory compliant Teng, in …
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Bitcoin pumped above $50,000 last night as the broader crypto market regained a $2 trillion valuation, data from multiple sources showed. Such figures were last seen in May earlier this year before a brief two-month correction across the market. Some altcoins even fell as much as -85% from their May highs, but have since crept …
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By: Lawrence Zlatkin, Global VP of Tax, Coinbase As Global Head of Tax for one of the largest crypto exchanges, while I appreciate the Bloomberg Editorial Board’s perspective on the crypto tax provision in the Senate infrastructure bill, I would like to respectfully offer the following critique from a real-world actor in the crypto space. I …
Coinbase’s mission is to increase economic freedom in the world through the crypto-economy. To achieve this, it is essential to develop common infrastructure that is transparent, safe, secure and benefits all participants. To aid this community effort, in 2020 we launched our Crypto Community Fund, and in 2021 we’ve allocated $2M through Coinbase Giving, our …
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We believe in the cryptoeconomy, a future where economic transactions — buying, selling, spending, earning — will be based on crypto assets. Our products strive to make that vision a reality by making crypto trusted and easy to use for customers around the world. Today, the majority of Coinbase corporate financial transactions, such as how we pay our vendors, employees, …
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Coinbase was founded in 2012 as an easy and trusted place to buy and sell Bitcoin. Since then, Bitcoin has spawned an entire industry with thousands of different blockchains, tokens and projects. Today, we offer much more than bitcoin trading, enabling over 68 million users, 8.8 million monthly transacting users, and 9,000 institutions in over …
By Casper Sorensen, Vice President, Customer Experience At Coinbase, our goal is to be the most trusted crypto platform. Our security team significantly invests to protect our 68+ million users. We take many steps to protect our customers from account takeovers (ATOs), which are often caused by phishing campaigns, SIM swaps, or support scams. First, every customer …
Continue reading “Continuing our commitment to customers: introducing phone support for ATOs”
