Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai. Coinstore announced to launch its web and app platform in India for spot and futures trading, opening up a new crypto investment avenue …
Continue reading “Singaporean crypto exchange enters India amid regulatory uncertainty”
Bitcoin (BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected. Making up for last week’s Coronavirus-induced sell-off and associated price dip, Bitcoin passed $58,000 overnight before consolidating higher, still up around 5.7% on the day. The outlook could hold many a …
Continue reading “Where will BTC end November 2021? 5 things to watch in Bitcoin this week”
AMC Theatres is planning a NFT promotion to celebrate the opening day of Sony Pictures’ Spider-Man: No Way Home at cinemas across the United States. The company is offering a limited number of up to 86,000 Spider-Man NFTs for members of its “AMC Stubs Premiere & A-List” and “AMC Investor Connect” subscriptions. Those who purchase …
A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same name. Omicron’s OMIC token hit an all-time high of $689 a couple of hours ago during the Monday morning Asian trading session. The move has added another 200% gains on …
Continue reading “Obscure Omicron token spikes 900% after new variant emerges”
Attackers are exploiting poorly configured cloud accounts to mine crypto, Google warned users in a recent report. Cryptocurrency mining is a computationally intensive activity. And Google Cloud customers can access it at a cost. However, miners are now hacking Google Cloud accounts for mining purposes.In the report titled “Threat Horizons,” Google’s cybersecurity team assessed various …
Continue reading “Hackers Are Now Using Compromised Cloud Accounts To Mine Crypto”
In 2021, the gaming industry have earned approximately $175 billion. As blockchain technology has become more prevalent in games, gamers are now enjoying the rewards of their efforts, with some earning up to $2,000 USD per hour on crypto games like Axie Infinity. As their popularity grew, so did their token prices. The Sandbox captivated …
Continue reading “3 Play-to-Earn Crypto Games Users Can’t Afford To Miss”
A recent update to Her Majesty’s Revenue and Customs (HMRC) regulations has introduced a digital services tax that will be levied on cryptocurrency exchanges operating in the United Kingdom. Crypto exchanges in the UK will now have to pay a 2% digital services tax according to a Telegraph report. Britain’s tax authority, HMRC, does not …
Continue reading “UK digital services tax targets crypto exchanges”
Bitcoin (BTC) and most major altcoins have been struggling to recover from the sharp fall seen on Nov. 26. This indicates that traders may be nervous to buy at current levels due to the uncertainty regarding the new heavily-mutated coronavirus strain detected in South Africa. According to a CryptoCompare report, Bitcoin’s assets under management decreased …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, BNB, LUNA, MANA, SAND”
Renowned hedge fund manager Anthony Scaramucci is comparing Bitcoin (BTC) to e-commerce giant Amazon, which was volatile in its early days but eventually became one of the best-performing stocks. In a new interview on CNBC’s Squawk Box, the SkyBridge Capital founder says Bitcoin has grown exponentially in terms of fundamentals over the last year and …
The Biden Administration has announced that it is blacklisting eight Chinese quantum computing companies over concerns that the technology they possess poses a threat to national security. The companies have been added to the U.S. Department of Commerce’s Entity List, which is a national security tool used by the Bureau of Industry and Security (BIS). …
Closely followed crypto analyst Benjamin Cowen is outlining what he thinks is the worst possible scenario for Bitcoin as BTC struggles to reclaim the $60,000 level. In a new strategy session, Cowen takes a look at what he calls the “bull market support band,” which is a combination of the 20-week simple moving average (SMA) …
Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that author Don Tapscott wrote and published Blockchain Revolution, a book that examines the way that blockchain will transform a number of industries. Following the release of …
Continue reading “Tech transformation: Don Tapscott’s ‘Platform Revolution’ book review”
The lawsuit that began last December could soon come to an end, according to Ripple CEO Brad Garlinghouse. Ripple CEO Brad Garlinghouse told CNBC this week that his crypto company’s legal contest with regulators could soon come to a close. Garlinghouse said that the case is “seeing pretty good progress despite a slow-moving judicial process” …
Continue reading “Ripple XRP Lawsuit Could End Next Year, According to Company CEO”
A closely followed crypto analyst and trader is saying that Bitcoin is gearing up for recovery as he outlines potential bottom levels for Ethereum. Pseudonymous trader Smart Contracter tells his 193,300 Twitter followers that Bitcoin is flashing signs that the correction is almost over. “No sign of reversal ‘just yet’ but, we just had our …
Crypto giant Grayscale says that the metaverse is still in its very early stages and predicts that the emerging tech sector will soar to become a $1 trillion opportunity. In a new report, Grayscale says that the metaverse is bound to transform gaming with the advent of play-to-earn platforms that enable users to convert their …
