PayPal users in the U.S. can now buy and sell cryptocurrencies directly from their accounts, but they have limited options when it comes to choosing an exchange. According to a recent survey by Crypto.com, the majority of PayPal users prefer Crypto.com as their...
Month: September 2023
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas consectetur, elit vitae facilisis eleifend, ipsum elit lobortis eros, elementum porta mi felis ut massa. Suspendisse eleifend pharetra tortor rhoncus condimentum. Aliquam ac est vel purus.
Bank for International Settlements (BIS) Successfully Tests Cross-Border Payments with Central Bank Digital Currencies (CBDCs)
The Bank for International Settlements (BIS), which is an international organization that fosters cooperation among central banks, has announced that it has successfully conducted a trial of cross-border payments using digital currencies issued by central banks. The...
How to Track Crypto Transactions for Tax Purposes in the USA
Cryptocurrency transactions are subject to tax and must be reported to the Internal Revenue Service (IRS) in the United States. However, many crypto investors and traders may find it challenging to keep track of their crypto activities and calculate their tax...
Binance Encourages Euro to USDT Conversion Amid Paysafe Debank Issue
Cryptocurrency exchange Binance has advised its users to consider converting their euros to USDT (Tether) following the Paysafe debit card debanking issue. Paysafe, a payment solutions provider, is reportedly discontinuing its debit card services related to crypto...
Ethereum Futures ETFs Could Commence Trading Next Week, Suggests Bloomberg Analyst
Ethereum futures exchange-traded funds (ETFs) may see their debut in the United States as early as next week, according to analysts at Bloomberg. James Seyffart, an analyst at Bloomberg Intelligence, indicated on September 28 that it appears "the SEC is gonna let a...
Binance Completes Full Exit from Russia with CommEX Sale
Cryptocurrency exchange Binance has announced its complete departure from the Russian market by selling its Russian business to a newly established crypto exchange known as CommEX. While the financial terms of the transaction remain undisclosed, this marks Binance's...
Ben ‘BitBoy’ Armstrong Arrested During Livestream Amidst Lamborghini Dispute
Prominent crypto influencer Ben Armstrong, known as "BitBoy," made headlines as he was reportedly arrested during a livestream outside the residence of Carlos Diaz, a former business partner with whom he's been embroiled in a Lamborghini ownership dispute. Armstrong...
What Is MetaPay and How Does It Work?
MetaPay is a payment system that operates within a virtual world called the Metaxion universe. To use MetaPay, customers need to have a special token called MPay. This system allows people to make transactions and investments within the Metaverse. Previously, people...
Crypto Exchange HTX Loses $8 Million in ETH Due to Security Breach, Justin Sun Announces
HTX, previously known as Huobi, has fallen victim to a cyberattack resulting in the loss of 500 Ether (ETH), equivalent to approximately $8 million. This security breach was promptly disclosed by HTX advisor and Tron founder, Justin Sun. The incident unfolded on a...
What Are Handshake (HNS) Domains?
The internet has become an integral part of our lives, and domain names play a crucial role in establishing an online presence. Traditionally, domain names have been governed by centralized authorities, but a new paradigm is emerging with the advent of Handshake (HNS)...
Binance Restores Services in Belgium Following Regulatory Hiatus
Binance, one of the prominent names in the cryptocurrency exchange sphere, has taken a significant step by reopening its exchange services to the crypto community in Belgium. This move comes after a hiatus of approximately three months during which Binance was...
Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
Google Cloud's BigQuery service has expanded its offerings by adding 11 new blockchain networks to its data warehouse. These networks include Avalanche, Arbitrum, Cronos, Ethereum’s Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon’s mainnet, Polygon’s Mumbai...
How to Earn in GensoKishi Metaverse [2023]
GensoKishi Online is a blockchain-based game that combines the elements of a massively multiplayer online role-playing game (MMORPG) and a play-to-earn (P2E) game. It is based on the popular web2 game Elemental Knights Online, which has been running for 14 years and...
How To Buy and Sell Crypto Using Solana’s Saga Phone [2023]
Solana Saga is a new Android smartphone that is designed to offer a seamless and secure experience for crypto enthusiasts. The phone, which was launched in April 2023 by Solana Mobile, a subsidiary of Solana Labs, comes with several features that make it easy to buy...
Telegram Crypto Wallet Guide: How to Create a TON Wallet?
More and more developers, companies, and entrepreneurs are joining the crypto industry to introduce fresh ideas to the market. Telegram, a cloud-based instant messaging service, is one such company. They have launched their own cryptocurrency project called Toncoin....
Grayscale Files Official Application for New Ether Futures ETF
Digital currency investment firm Grayscale has formally submitted an application to the Securities and Exchange Commission (SEC) for the creation of a new Ether (ETH) futures exchange-traded fund (ETF). The proposal outlines the intention to list and trade shares of...
Thailand Introduces Taxation on Overseas Income, Including Crypto Assets
Thailand's Revenue Department has announced its intention to impose personal income tax on earnings generated abroad, a move that includes income from cryptocurrency trading, for individuals residing in Thailand for a period exceeding 180 days. According to a report...
How to Mine Cryptocurrency Using Your Mobile Device?
Cryptocurrency mining has gained significant popularity in recent years, but the idea of mining using a mobile device might seem unusual. While it's true that mobile devices have limitations in terms of processing power and battery life, mining on smartphones and...
Ethereum welcomes two new layer 2s powered by zero-knowledge proofs
Two layer-1 blockchains, Canto and Astar, have decided to switch from their original ecosystems, Cosmos and Polkadot, to Ethereum in the past week. They will become layer 2 solutions that use zero-knowledge proofs to enhance scalability and privacy. Canto is a...
How to Use Bitcoin ATM [2023]
The world of cryptocurrency has grown exponentially over the past decade, with Bitcoin leading the charge as the most recognized and widely adopted digital currency. As more people seek to invest in Bitcoin, various avenues have emerged to facilitate its purchase,...
What Is a Cryptocurrency Whitepaper?
Cryptocurrencies have revolutionized the way people conduct transactions, invest, and store value. Bitcoin, the first cryptocurrency, was created in 2009, and since then, thousands of other cryptocurrencies have been developed. Each cryptocurrency has its unique...
U.S. Congress moves to block Fed from issuing digital dollar
The U.S. House Financial Services Committee is advancing two bills that would block the creation of a digital dollar by the Federal Reserve. The Committee's chairman, Patrick McHenry, announced that the bills will be discussed and amended on Sep. 20. The bills are...
What Are ERC-20 Tokens on the Ethereum Network?
Cryptocurrencies have revolutionized the way we think about money and financial transactions. While Bitcoin is the most well-known cryptocurrency, Ethereum has also gained significant popularity in the last few years. One of the key features of Ethereum is the ability...
Best Crypto Whale Tracker to Monitor Market Trends
Crypto whales are individuals or entities that own large amounts of cryptocurrencies, such as Bitcoin, Ethereum, Tether, etc. They have the power to influence market movements and trends by making large transactions or trades. Crypto whale tracking tools are tools...
Telegram to Support TON Network as Official Web3 Platform, TON Price Rises by 7%
Telegram, the popular messaging app, has announced that it will support the TON network as its official Web3 infrastructure. This means that Telegram users will be able to access the TON crypto wallet and use TON tokens within the app. The news boosted the price of...
Who Are Crypto Whales and How Can They Impact the Market?
In the world of cryptocurrency, a “whale” is a term used to describe an individual or entity who holds a significant amount of cryptocurrency. These whales are often associated with significant market movements, making them of great interest to both investors and...
Ripple has a chance to fix its closed system after legal victory
Ripple Labs created its XRP token on a centralized system. But with legal action against Ripple nearing an end, it could move toward a more open platform. Eric Chen 1 minute ago Ripple had a chance to fix its closed system after a legal victory Ripple Labs designed...
How to Play & Earn Money from Galaxy Fight Club
Galaxy Fight Club is a blockchain-based game that allows you to bring your NFT avatars from different collections and brands to fight against each other in a cross-platform, cross-IP PvP MOBA game. It is a play-to-earn game that allows you to earn rewards in the form...
Coinbase India clarifies its position after reports of service termination
Coinbase India, the Indian arm of the global crypto exchange Coinbase, has issued a statement to address the rumors that it is ceasing its services in the country. The company said that it is not shutting down its operations, but rather adjusting its product offerings...
NBA Top Shot: A Fan Token Platform for Basketball Fans
Are you a basketball fan looking to own a piece of the action? NBA Top Shot is a revolutionary marketplace where enthusiasts can buy, sell, and trade digital collectibles in the form of video clips called 'Moments.' As an officially licensed product of the National...
Crypto Inheritance: What Happens to Your Crypto When You Die?
Imagine someone you know becomes wealthy from cryptocurrency and then passes away. While you are grieving, you may also wonder what will happen to their assets. If they have left you any, you might be unsure about how to access them. As the cryptocurrency industry...
Hacker Steals Over $691,000 from Vitalik Buterin’s X Followers by Posing as NFT Giveaway
Ethereum co-founder Vitalik Buterin's X account was hacked, leading to over $691,000 in losses for his followers who clicked on a malicious link. The hacker pretended to offer a free NFT to celebrate a new Ethereum feature and asked users to connect their wallets to a...
What Is NFT Lending? A Comprehensive Guide in 2023
NFTs, or non-fungible tokens, are unique digital assets that represent ownership of various items, such as art, music, games, collectibles, and more. NFTs have gained popularity in recent years, as they offer a way to create scarcity, authenticity, and provenance for...
Two Fund Managers File for First Spot Ethereum ETFs in the U.S. with SEC
The competition for the first spot Ethereum exchange-traded fund (ETF) in the United States has officially started, as two prominent fund managers have filed their applications with the U.S. Securities and Exchange Commission (SEC). Ark 21Shares and VanEck, both...
Types Of Blockchain Consensus Mechanisms
The validation of transactions is a crucial aspect of blockchain networks, facilitated by consensus mechanisms. The absence of transaction validation would render a blockchain merely a distributed database, incapable of guaranteeing the security and accuracy of the...
Swyftx Launches Crypto Education Platform Powered by OpenAI’s GPT-3, Rewards Users for Learning How to Avoid Scams
A new crypto education platform called "Earn and Learn" is launching on Sept. 6 by Swyftx, an Australian crypto exchange. The platform aims to reward its users for learning about various types of crypto scams and how to avoid them. The platform is powered by OpenAI's...
Can CyberConnect and CYBER Revolutionize the Future of Social Media?
Social media has become an integral part of our lives, as it allows us to communicate, share, and connect with others across the world. However, social media also has its drawbacks, such as privacy breaches, censorship, manipulation, and addiction. Therefore, many...
Bybit Introduces AI Trade GPT, a New AI Tool for Crypto Market Analysis
Bybit, a leading cryptocurrency derivatives exchange, has announced the launch of AI Trade GPT, a new artificial intelligence tool that provides market analysis and trading insights for its users. AI Trade GPT is powered by OpenAI's GPT-3, one of the most advanced...
Bank of China Requires Its Branches to Accept Digital Yuan in Various Retail Scenarios
The Bank of China, one of the four major state-owned banks in China, has issued a notice to its branches and subsidiaries, requiring them to offer the digital yuan as a payment option in various retail scenarios. According to a report by Sina Finance , the notice was...
What Is Web5 and How Is It Different From Web3?
The internet has gone through several stages of evolution since its inception. From the early days of static web pages and simple hypertext links to the emergence of dynamic web applications and social media platforms, to the current trend of decentralized web...
What Is Zion, the Web5 Social Network App?
Social media has become an integral part of our lives, connecting us with people, ideas, and content across the globe. However, most of the popular social media platforms are centralized, meaning that they are controlled by a single entity that has the power to...
Chinese Court Recognizes Crypto as Legal Property Despite Government Ban
According to a recent report by the People's Court in China, cryptocurrencies are considered legal property and protected by law in the country. This is despite the fact that China has banned all crypto-related activities and transactions since 2021. The report...
Recent News
Recent Posts
Join Our Newsletter
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas consectetur, elit vitae facilisis eleifend, ipsum elit lobortis eros, elementum porta mi felis ut massa.