sponsored Fundraising has experienced a dramatic change over the past ten years. What was once limited to individuals with a specific acumen, network, and level of capital is now accessible to anyone with an internet connection. New technologies and platforms allow the average retail investor to become an early supporter of some of the most …
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A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company. Africrypt’s Evidence Under the Microscope According to a report, the …
The crypto market saw a minor sell-off this morning on the back of regulatory developments out of America, with some large-cap cryptocurrencies dropping as much as 5%. Leading the red charts were high-speed blockchain protocol Polkadot and meme coin Dogecoin—both fell -5% as of Tuesday morning but were slightly recovering as of press time. DOT …
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India’s Ministry of Finance has answered some questions regarding the status of cryptocurrency trading in the country as well as crypto regulation and investor protection. The minister of state for the finance ministry has indicated that the recommendations in the draft bill proposed by the interministerial committee are still being considered. Indian Government Answers Crypto …
While traditional crypto assets have seen market sentiment drop to a level of uncertainty, non-fungible token (NFT) assets have continued to sell in the millions. One project developed by Larva Labs called Cryptopunks has seen some of its NFTs sell for millions and on May 11, a collection of nine Cryptopunks sold for $16.9 million …
press release PRESS RELEASE. Blockchain venture capitalist firm Nodeseeds has announced the launch of a three-tier membership system to democratize its investment process. Nodeseeds revealed further details in a blog post on its medium page. Fair Allocation Tier System According to the post, Nodeseeds stated that the tiers were designed to ensure fair allocation of …
US financial services player Bank of America, one of the world’s largest banks, has come out in support of El Salvador’s Bitcoin bill in a note to clients last week. It comes even as the country faces opposition from several global bodies for its decision to allow citizens to officially accept Bitcoin as payments for …
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Binance, the leading cryptocurrency exchange by trading volumes, announced it is discontinuing its derivatives and futures products in Germany, Italy, and the Netherlands. This is likely the consequence of the regulatory crackdown that governments all over the world have exerted on Binance lately. The company also stressed this was the start of a complete plan …
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings to El Salvador as Legal Tender Bank of America (BOA) outlined some potential benefits …
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Several U.S. lawmakers have spoken up against the cryptocurrency tax provision in the $1 trillion infrastructure bill. While the bill has been revised from last week’s version, the text is still “unworkable,” according to Senator Pat Toomey. “I plan to offer an amendment to fix it.” Other lawmakers, including Sen. Ron Wyden, Rep. Warren Davidson, …
Input Output Global (IOG) CEO Charles Hoskinson rejects Peter Brandt’s technical analysis call, which predicts Cardano may lose up to 90% of its value. Hoskinson added that he “really loathes” technical analysis while likening the process to voodoo in that it makes no sense. “With all due respect to Peter, I don’t this works so …
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Just when you thought digital art was done and dusted, CryptoPunk NFTs make a resurgence in popularity. That is, at least among Ethereum whales who are willing to stump up the hefty asking prices. Recent times have seen a flurry of CryptoPunk buying activity. Including internet personality Gary Vaynerchuk shelling out 1,600 Ethereum ($3.7 million) …
Continue reading “CryptoPunk NFT mania drives average punk price up to $135,000”
South Korea’s top financial regulator will shut down 11 cryptocurrency exchanges allegedly engaged in fraudulent bank account schemes, local media reported. Meanwhile, the deadline for all crypto exchanges to comply with the country’s regulation is drawing near and most of them have not been able to meet the requirements. 11 Crypto Exchanges Could Be Shut …
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies, including tax cuts. Banks are also included in the regulation, and the …
Fun and excitement have been let loose for players to experience amazing new games at Bitcoin.com’s very own crypto gaming portal! An enthralling range of games are on offer at Bitcoin.com Games – the crypto casino that players have come to love to play their favorite games on in recent years. Ever since its inception …
