Category: Crypto
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Coinbase’s Base Blockchain Surpasses 1 Million Daily Active Addresses, Outpacing Competitors
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Base, a layer 2 blockchain built on the Ethereum Virtual Machine (EVM), has reached a significant milestone – surpassing 1 million daily active addresses. The cryptocurrency landscape has undergone a remarkable transformation in recent times, with innovative blockchain solutions such as Core Network These networks emerged to meet the growing…
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Coinbase’s Base Blockchain Surpasses 1 Million Daily Active Addresses, Outpacing Competitors
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Base, a layer 2 blockchain built on the Ethereum Virtual Machine (EVM), has reached a significant milestone – surpassing 1 million daily active addresses. The cryptocurrency landscape has undergone a remarkable transformation in recent times, with innovative blockchain solutions such as Core Network These networks emerged to meet the growing…
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Crypto community on OpenSea Wells Notice: ‘Welcome to the club’
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Many pro-crypto voices have voiced opposition to Wells’ notice to NFT marketplace OpenSea on August 28, as the SEC’s sweeping crackdown has progressed unchecked. OpenSea was then named to the SEC’s chopping block just a week after Democratic presidential candidate Kamala Harris opened up about adopting crypto-friendly policies. News about…
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Crypto community on OpenSea Wells Notice: ‘Welcome to the club’
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Many pro-crypto voices have voiced opposition to Wells’ notice to NFT marketplace OpenSea on August 28, as the SEC’s sweeping crackdown has progressed unchecked. OpenSea was then named to the SEC’s chopping block just a week after Democratic presidential candidate Kamala Harris opened up about adopting crypto-friendly policies. News about…
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AVAX Retraces To Key Support Level: Expert Expects $32 Target By October
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The cryptocurrency market saw a significant pullback yesterday, with many assets falling to lower levels. Avalanche (AVAX) suffered a 15% decline from its recent local high of $28.01. This pullback has caught the attention of analysts and investors, who are now looking at it as a strategic entry point for…
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The Other Satoshis: Bitcoin’s Most Important Early Contributors
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This article was published in Bitcoin Magazine. “The Half Problem”. Click here here To get your copy. If the identity of Satoshi Nakamoto remains a mystery in 2021, the same is true for the period from 2008 to 2010 when the Bitcoin creator served as the project’s lead developer and…
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Expert Warns Ethereum Faces A ‘Slow And Painful Death’
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Joe Consorti, analyst at The Bitcoin Layer and advisor to the self-custodial app Theya, released A scathing critique of Ethereum’s future compared to Bitcoin, highlighting why he believes Ethereum is facing a “slow and painful death.” His analysis, published on X and titled “The Slow and Painful Death of Ethereum,”…
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New Zealand Adopts OECD Crypto Reporting Framework
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In a significant development for New Zealand’s cryptocurrency landscape, the country’s Revenue Minister Simon Watts has introduced a new tax bill that seeks to implement the Crypto Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD). The move aims to enhance tax compliance and transparency…
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Apple’s new NFC update opens doors for smart payment solutions
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Apple is opening up the iPhone’s NFC feature to third-party apps, paving the way for smart payment solutions like SoftNote Pay to transfer crypto transactions. Historically, Apple has restricted its…
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Apple’s new NFC update opens doors for smart payment solutions
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Apple is opening up the iPhone’s NFC feature to third-party apps, paving the way for smart payment solutions like SoftNote Pay to transfer crypto transactions. Historically, Apple has restricted its…
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OpenSea Faces SEC Wells Notice Over NFT Classification As ‘Securities’
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On Wednesday, OpenSea, the largest marketplace for non-fungible tokens (NFTs), received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating the regulator’s intent to take potential legal action, asserting that NFTs traded on the platform could be classified as securities. CEO Devin Finzer Responds to SEC Notice…
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Bitcoin ETFs Saw the Largest Outflow in Over Three Weeks
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U.S. bitcoin exchange-traded funds (ETFs) recorded $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since Aug. 6. The outflow ended an eight-day streak of positive inflows of $756 million. On Tuesday, Ark Invest’s Bitcoin ETF saw the largest outflow, at $102 million. Grayscale’s Bitcoin Trust and…
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Bitcoin ETFs Saw the Largest Outflow in Over Three Weeks
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U.S. bitcoin exchange-traded funds (ETFs) recorded $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since Aug. 6. The outflow ended an eight-day streak of positive inflows of $756 million. On Tuesday, Ark Invest’s Bitcoin ETF saw the largest outflow, at $102 million. Grayscale’s Bitcoin Trust and…
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AI Tokens Market Cap Rebounds By Nearly 80% To $32 Billion
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The cryptocurrency market has been volatile in recent months, with the overall market cap of Bitcoin and other cryptocurrencies seeing significant fluctuations. Amidst this turbulent landscape, there has been a surprising recovery in the AI and Big Data tokens sector. According to the latest data from coinmarketcap, the market cap…
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Malaysian police arrest 21 in crypto fraud scheme targeting Japanese investors
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Malaysian authorities have foiled a major cryptocurrency fraud scheme targeting Japanese citizens. According to local sources ReportsThe Royal Malaysian Police, also known as PDRM, arrested 21 individuals in connection with the fraud during coordinated raids on two upscale properties in Kuala Lumpur on August 19. The suspects include 16 Chinese…
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Malaysian police arrest 21 in crypto fraud scheme targeting Japanese investors
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Malaysian authorities have foiled a major cryptocurrency fraud scheme targeting Japanese citizens. According to local sources ReportsThe Royal Malaysian Police, also known as PDRM, arrested 21 individuals in connection with the fraud during coordinated raids on two upscale properties in Kuala Lumpur on August 19. The suspects include 16 Chinese…
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Crypto Taxes: What New Zealand’s New Bill Proposal Means
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On 26 August 2024, New Zealand’s Minister of Revenue, Simon Watts, announced, foot A new bill has been introduced to the House of Representatives that could have major implications for the island nation’s cryptocurrency system. The OECD Cryptocurrency Reporting Framework will be implemented The new bill, titled Taxation (Annual Rates…
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Two New Tokens To Be Launched On Sept 18
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In a move to boost the use and adoption of the decentralized finance (DeFi) lending platform, MakerDAO is undergoing a major rebrand. The lending protocol, founded by Rune Christensen in 2014, will now be known as “Sky,” a shift aimed at attracting a broader user base. MakerDAO Reinvents Itself as…