Microsoft updated its terms of service to explicitly forbid the mining of cryptocurrency on its hosted platforms without express permission. This update became available in December, and it’s for everyone, not just Microsoft’s paid members. Specifically, the update prevents users from mining on any Microsoft online service. Including those that
December 15, 2022 1 min read
Nexera ID has been unveiled today by AllianceBlock, the DeFi infrastructure center creating seamless gateways between decentralized and conventional finance. A revolutionary solution, Nexera ID makes use of a programmable smart wallet to provide self-custody, privacy, and security. A MetaNFT is a unique kind of digital token that is used
December 14, 2022 4 mins read
Early on Monday, Justin Sun said on Twitter that he had swapped over $773,000 worth of Tron’s native stablecoin USDD. Sun said that he has converted over $200,000 worth of USDC. And $570,000 worth of USDT to the stable currency USDD. Although it is supposed to be pegged to the
December 12, 2022 1 min read
The biggest cryptocurrency exchange by trading volume, Binance, has replied to a Reuters piece saying the U.S. Department of Justice (DOJ) uncovered solid evidence of breaking U.S. sanctions, namely anti-money laundering laws. Binance has responded to Reuters’ allegations. By saying that their platform is well-protected against any instances of money
December 12, 2022 2 mins read
Cathie Wood, CEO of Ark Invest, recently tweeted her admiration for Bitcoin’s resiliency, noting that the flagship cryptocurrency “didn’t skip a beat” amid a recent crisis. Additionally, she claims that Bitcoin’s transparency and decentralization are reasons why discredited FTX founder Sam Bankman-Fried disliked it. The well-known investor said, “He couldn’t
December 11, 2022 1 min read
While the recent large purchases on Binance are a positive indication for cryptocurrencies, they have caused some alarm in the cryptocurrency world. Since the 3Commas API was leaked, worries have arisen that Binance may be hacked. The cryptocurrency exchange, however, has said that it does not seem to be a
December 11, 2022 2 mins read
Polygon has announced an official collaboration to bring blockchain technology and NFTs to the music business. Further increasing its list of alliances and support areas. Polygon, Warner Music, and LGND have all made public statements about their plans to provide Music NFTs to the Web3 ecosystem. In January of 2023,
December 10, 2022 2 mins read
The CEO of cryptocurrency news site The Block, Michael McCaffrey, resigned when it was revealed that the business had received an undisclosed investment from former FTX founder Sam Bankman-Fried, according to a report by Axios. McCaffrey, who became CEO in April of 2020, has also resigned from the board of
December 10, 2022 1 min read
It is now possible for consumers to confirm that their crypto assets are completely backed (1:1) on Crypto.com’s platform, which is trusted by more than 70 million clients worldwide and is the market leader in regulatory compliance, security, and privacy certifications. Mazars Group, a well-known global audit, tax, and consultancy
December 9, 2022 2 mins read
In light of the current market turmoil, the Securities and Exchange Commission (SEC) has released new rules for corporations making financial disclosures, requiring them to disclose a more comprehensive record of their connection to the crypto sector. The criteria, detailed in an illustration letter, extend beyond the balance sheet total
December 9, 2022 1 min read