An educational marketplace driven by NFTs has been launched by the interoperable blockchain network Flare in collaboration with the edtech firm Uppercent. High-quality online courses taught by the top 1% of achievers globally will be made accessible via the usage of non-fungible tokens, issued on Flare. Members may purchase, sell, and
Today, a layer 1 blockchain Core DAO publicly launched its first-ever Airdrop for its native token CORE. Also, the token was made available to users with an opening price of $4.27. At the time of writing, CORE traded at $5.95, which surged over 40% in just half an hour of
United Kingdom intends to launch a central bank digital currency (CBDC) as they issued a consultation paper outlining the proposed digital pound known as “Britcoin”. On February 7, 2023, the Bank of England (BoE) and the UK Treasury jointly released the 116-page consultation paper. That explains various aspects of the
It has been reported that Digital Currency Group (DCG), a cryptocurrency holding company, has started selling its stake in crypto funds run by its subsidiary Grayscale Investments in an effort to raise cash and retain liquidity. U.S. securities documents seen by the Financial Times on February 7 revealed that DCG
On Tuesday, leading blockchain firm ConsenSys made public its intention to contribute to a case that challenges the Internal Revenue Service’s (IRS) authority to tax staking rewards. The Jarretts, a Tennessee couple, filed a claim against the IRS in 2021 to recoup the federal income taxes that had been withheld
A vulnerability in the smart contracts underlying the decentralized finance (DeFi) protocol CoW Swap has resulted in the theft of around 551 BNB worth around $181,600. The attacker reportedly added a wallet address as a “solver” of CoW Swap. And then used a transaction to authorize DAI transfers to SwapGuard
In an all-stock transaction, Hut 8 Mining Corp. of Canada and US Bitcoin Corp. of the United States have declared their intention to merge. Thus, creating a crypto-mining behemoth in North America. Each company’s board of directors has given its stamp of approval to a corporate merger deal. The Board
New regulations for virtual asset service providers (VASPs) in Dubai have been announced by the Virtual Asset Regulatory Authority (VARA). It is the government body in charge of regulating cryptocurrencies there. Irina Heaver, a lawyer specializing in blockchain and cryptocurrencies located in the United Arab Emirates. She has informed that
After “TRON’s Proposal No. 83, to activate dynamic energy”, which becomes active on the 5th of February, 2023, TRON-powered TRC-20 transactions faced interruptions. Users of USDT encounter a problem with transferring their funds to other exchanges. Following the proposal, the stablecoin Tether “USDT” has buzzed social media with transaction issues.
Binance, the world’s leading centralized crypto exchange is suspending all USD bank transfers. The restriction mentioned above will be placed into action from the 8th of February. Also, this is applicable to all transactions taking place outside the US. From February 8th, we will temporarily suspend all USD bank transfers.
