Sat, October 3

Binance Wallets Face Notable Number of Internal Transactions, Why?

Binance, the largest cryptocurrency exchange, has reportedly moved significant funds between the internal wallets.  When a user transfers funds from their Binance account to an active Binance deposit address, this is regarded as an internal transfer, which may be completed without requiring any block confirmations and incurring no transfer fees.  

April 25, 2023 1 min read

Coinbase CEO Launches ‘Stand With Crypto’ NFT Amid SEC Tussle

On Monday, the largest cryptocurrency exchange in the United States, Coinbase, sued the Securities and Exchange Commission (SEC), a prominent financial watchdog. Its chief executive minted an NFT and urged the crypto community to “Stand With Crypto” while the exchange pursues legal action to clarify regulatory requirements. Coinbase CEO Brian

April 25, 2023 1 min read

Bybit Pushing for Compliance by Mandating Stringent KYC Procedures

Bybit is actively advocating for stricter regulations, and it expects its users to do the same. The terms of service for the exchange stipulate that by May 8th, 2023, all users of the exchange’s services must have passed the basic Know-Your-Customers (KYC) process on the trading platform. Moreover, existing users

April 25, 2023 1 min read

Amazon NFT Marketplace Launch Further Delayed to Next Month

Amazon’s NFT marketplace debut has been pushed out to May, a few weeks later than originally planned. According to prior reports, the IT giant was planning to debut the “Amazon Digital Marketplace” on April 24. The marketplace will first be available to users in the United States, before expanding to

April 25, 2023 1 min read

Visa Introduces A Roadmap For Ambitious Crypto Product

Visa, one of the leading digital payment companies in the world, has looked to increase its reach across the digital payment landscape via a new ambitious crypto product roadmap. On Monday, Cuy Sheffield, the Visa head of crypto, stated that the company is aiming for a further push into mainstream

April 25, 2023 2 mins read

European Central Bank Announces Digital Euros Are Widely Available!

The Committee on Economic and Monetary Affairs of the European Parliament has called ECB’s member in Brussels to comprehend the digital euros. Fabio Panetta, a member of the European Central Bank (ECB) appeared for the speech on April 24 and explained about the digital euros.  Panetta started explaining the process

April 25, 2023 2 mins read

Polygon NFT On-chain Data by 3 Separate Sources Shows Different Data

The cryptocurrency market has been trading in the red, with a sharp decrease for almost all cryptocurrencies. Not even Polygon (MATIC) could buck the market’s downward momentum. According to CMC, MATIC lost 15% of its value in the previous week. Trading volume in the NFT market is also at a

April 24, 2023 2 mins read

Ethereum ICO Participant Moves 1 ETH Amidst 7.7 Years Dormancy

In a surprising move, an Ethereum ICO participant recently awoken from a seven-and-a-half-year dormancy to transfer one ETH to a new address. According to a Lookonchain tweet, the investor had received 2,365 ETH during the Ethereum Genesis ICO. An Ethereum ICO participant woke up after 7.7 years of dormancy and

April 24, 2023 2 mins read

Producers of Wolf of Wall Street Movie Announces NFT Collection

Even excellent films sometimes fail to spark widespread parody. The images from some of Leonardo DiCaprio’s performances remain popular on social media decades after they were first released. While Titanic clips are often utilized in internet jokes, the Oscar winner’s 2013 film The Wolf of Wall Street has maintained a

April 24, 2023 1 min read

World Economic Forum Praises Environmental Benefits of Bitcoin Mining

Because of its positive effects on the economy and the environment, Bitcoin mining has gained a supporter at the World Economic Forum (WEF). After formerly criticizing cryptocurrency for its excessive energy usage, the WEF has begun to endorse some parts of the cryptocurrency market and mining in recent years. The

April 24, 2023 2 mins read