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
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
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
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
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
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
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
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
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
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
