The adoption of blockchain technology has led the extremely volatile cryptocurrency sector to expand greatly throughout the whole global financial system. The cryptocurrency sector is undoubtedly seeing a lot of changes. Investors from all around the world are still drawn to the crypto sector. Let’s discuss a few coins that
After acquiring the Japanese cryptocurrency exchange Sakura Exchange BitCoin (SEBC), Binance is ready to re-enter the Japanese market. In order to penetrate the Japanese cryptocurrency industry, Binance purchased the exchange in November 2022. The exchange is licensed by the Japan Financial Services Agency. A local daily has confirmed that SEBC
With the cryptocurrency sector coming under the scrutiny of tax authorities throughout the world, the fintech company Revolut has added an automatic tax reporting tool for its customers. The fintech firm has collaborated with Koinly, a cryptocurrency tax solution, to give its customers the ability to produce cryptocurrency tax reports
The Ethereum Killer Solana (SOL) climbed up to claim its spot among the top gainers of the day with a 3% price spike in the past 24 hours. Significantly, this bullish rally occurred after Solana’s partnership with the giant payment processor Mastercard. Post the announcement, SOL hit an intraday high
New Ethereum-backed AI token CryptoAI (CAI) surpasses altcoin momentum after an uptick of 73% in the last 24 hours. The token is currently trading for $0.03837. After the initial availability of OpenAI’s ChatGPT on November 30th of last year, the price of cryptocurrency tokens related to artificial intelligence (AI) went
Venmo, a digital payment service in the U.S. has come up with introducing crypto payments and transfers even from fiat currencies sooner in May. This announcement of Venmo was given in the press release by Jose Fernandez da Ponte of PayPal, the parent company on April 28. Dropping in to
On the fine evening of April 28, Reuters reported that the cryptocurrency payment card program of Mastercard is about to expand indulging various crypto partnerships. Raj Dhamodharan, the head of crypto and blockchain stated that this decision is taken irrespective of closer scrutiny in the industry from the banks and
With the latest protocol tweak, mining has become more difficult, and the Bitcoin (BTC) network is exhibiting encouraging indications of strength. Glassnode, a cryptocurrency on-chain monitoring tool, reports that the most recent difficulty adjustment has set a new All-Time High (ATH) of 209 zettahashes (10^21) for the projected number of
A month ago, Huang Tien-mu, chairman of Taiwan’s Financial Supervisory Commission, made it official that the commission would be responsible for crypto regulation in the region. There are two financial watchdogs in Taiwan. The Central Bank of the Republic of China and the FSC. Foreign exchange laws and monetary policy
Lending protocol on Polygon and Polygon zkEVM, 0VIX, purportedly exploited to the tune of $2 million. Multiple stablecoins, including Ethereum and Polygon’s native MATIC token, as well as Aavegotchi’s staked vGHST token, may be used as collateral thanks to this protocol. Aavegotchi is a blockchain-based game that takes inspiration from
