Wed, October 30

OKX Wallet Launches Ordinals Marketplace for BRC-20 Tokens Trading

OKX Wallet, a leading web3 technology company, has become the first multichain wallet to support BRC-20 tokens trading with the launch of the Ordinals Marketplace. On May 16, the company announced the launch of the Ordinals Marketplace on the OKX Wallet. 📢 Introducing Ordinals Marketplace on @okxweb3, where you can

May 16, 2023 2 mins read

Polygon Ranks the Top in Monthly Active Wallets of ERC-4337

The co-founder of Polygon, Sandeep Nailwal has shared a Nifty table chart for the detailed cross-chain over the year 2023. This chart details the monthly basis of Ethereum’s ERC-4337 wallets. pic.twitter.com/CGxA5nB41H — Sandeep Nailwal | sandeep. polygon 💜 (@sandeepnailwal) May 15, 2023 Comparatively, the ERC-4337 (aka EIP-4337) runs on a

May 16, 2023 1 min read

U.S. DOJ Cracks Down on Crypto Exchanges Engaged in Illicit Activities

The U.S. Department of Justice (DOJ) will target crypto exchanges that engage in or allow criminal activity, such as money laundering. Moreover, the illicit transaction rate has surged up to $20 billion in 2022, which is an increase of 40% from 2021. On Monday, the Financial Times reported that the

May 16, 2023 1 min read

G7 Unites to Embrace Global Crypto Regulations and IMF Guidelines

In a resounding display of unity, the Group of Seven (G-7) intergovernmental political forum has voiced its unwavering dedication to embracing the upcoming regulations for overseeing crypto assets set forth by the Financial Stability Board (FSB). Additionally, the G-7 has reaffirmed its support for the International Monetary Fund’s (IMF) guidelines

May 16, 2023 2 mins read

Upbit and Bithumb Exchanges Raided by South Korean Authorities

The prosecutors in South Korea have conducted a raid on the two local crypto exchanges as part of the investigation into the digital assets of lawmaker Kim Nam-kuk.  Yonhap, a South Korean news agency, reported that a group of prosecutors from the Seoul southern district office raided the two crypto

May 15, 2023 1 min read

Secure and Efficient Payment Solutions From PassimPay for Businesses

A cryptocurrency-based payment system, PassimPay provides businesses with a secure and efficient means of processing transactions. Business transactions are simplified and streamlined with this innovative system, which provides an affordable, reliable, and fast approach to business operations. Payment systems based on cryptocurrency are extremely important for businesses. There are several

May 15, 2023 5 mins read

Do Bitcoin Deserve the Title “King Of Cryptocurrencies”; While Falling Apart?

Bitcoin, the original blockchain, has been facing significant challenges in recent times. Network congestion and soaring transaction fees have raised concerns among Bitcoin enthusiasts. The surge in activity, primarily driven by the emergence of BRC-20 tokens and ordinals, has put Bitcoin’s scalability to the test.  While some maximalists advocate for

May 14, 2023 3 mins read

Crypto Disasters of the Week: Series of Events

The past week has been a rough ride for the crypto industry, with a series of unfortunate events leading to significant setbacks for some of the most prominent players in the market. From regulatory crackdowns to legal battles and price drops, here’s a roundup of what went down. Binance Shuts

May 14, 2023 2 mins read

Florida Governor Signs Historic CBDC Ban Legislation – First State to Do So

Florida Governor Ron DeSantis signed legislation prohibiting the use of Central Bank Digital Currencies (CBDCs) in the state without legislative approval. Because the federal government is considering issuing a CBDC, which, according to its detractors, would grant it unprecedented power over citizens’ financial activity, this is particularly timely. The new

May 13, 2023 2 mins read

President Joe Biden Calls Off Tax Loopholes That Supports Wealthy Investors

According to the Forbes report, Kelly Phillips Erb 2 wrote that the President of the U.S., Joe Biden is closing the tax loopholes worth $18B. These loopholes support wealthy cryptocurrency investors. Notably, the $18B could be the harvest tax losses along with the wash sales. We don’t have to guess

May 13, 2023 1 min read