Thu, October 1

Search Results for: Cryptocurrency

Rare CryptoPunks NFT Sold For $3.3M Following Ethereum Price Fall

An “ape” with a blue bandanna sold for 2,691 ETH early Friday morning. Punk #4156 was acquired for 2,500 ETH in December 2021 before today’s auction. Following the dip in the price of Ethereum, a rare CryptoPunks NFT sold for $3.3 million—a $7 million loss for the seller. However, if

July 16, 2022 2 mins read

Circle Claims Stablecoin USDC Fully Backed by Cash Reserves

The firm no longer has any commercial paper on hand.  As of June 30, Circle had $42.1 billion in U.S. government bonds. A detailed analysis of the assets underlying the USDC stablecoin’s rising reserve has been made public by Circle, the payments startup behind the USDC. Circle’s Thursday report, although

July 16, 2022 1 min read

Most Awaited Bitcoin Mining Bill Sanction By Paraguay Chamber

Under the bill cryptocurrency firms will not be required to pay VAT. The power consumption for mining activity will be done under ANDE. On July 14, the South American country Paraguayan senate sanctioned a complete bill to restrict cryptocurrencies and enable bitcoin miners to utilize extra electricity produced in the

July 16, 2022 2 mins read

FrontFanz Is Taking Over The Web3 Scene By Storm

Creators today face many difficult challenges. From problematic and fickle algorithms and overly aggressive, subjective censorship to shadow banning, chargebacks, delayed payments, and de-platforming. Indeed, it’s become very clear that Web2 platforms aren’t equipped to offer fair conditions to content creators. Enter FrontFanz, a Web3 censorless platform built for creators

July 16, 2022 3 mins read

Coinbase Exchange Now Exposed To Rumors Following KuCoin and FTX

Coinbase Pro has encountered a problem with the USDC trading pairs. Coinbase shutting down its affiliate program. Coinbase the largest cryptocurrency exchange announced that temporarily shut down its affiliate marketing program by July 19, 2022, due to the current instability market condition. Despite providing a specific date, the crypto exchange

July 16, 2022 2 mins read

Vladimir Putin Approves Bill Restricting Digital Financial Assets

Russia will begin this autumn by introducing a new bill called “On Digital Currency.” Russian authorities have said that the DFA covers cryptocurrencies. Russia’s President Vladimir Putin has approved a bill restricting the use of digital financial assets (DFAs) as a payment method inside the nation, according to the crypto

July 15, 2022 2 mins read

CoinFLEX Allows Limited Withdrawal Option For Customers

The platform’s stablecoin, flexUSD, will remain unavailable until further notice. Earlier this month, the platform put a hold on withdrawals. In the wake of a conflict with notable crypto investor Roger Ver “Bitcoin Jesus”, the trading platform CoinFLEX has announced limited client withdrawals. Users may now withdraw 10% of their

July 15, 2022 1 min read

Bitfinex Announces Donations Worth $1.3M For El Salvador Communities

It will begin with small enterprises in the Ilopango, Soyapango, and Apopa neighborhoods.  Bitfinex’s CTO thinks $1.33 million in crypto assets would be a boon to the country. Bitfinex, a digital currency exchange, has announced that it is providing 36 Bitcoin (BTC) and 600,000 Tether (USDT) to small companies and

July 15, 2022 1 min read

Bitbase Exchange Opens Physical Crypto Trading Store in Paraguay

According to Bitbase, this will be the country’s first shop of its sort. The corporation said it wanted to expand its operations in Venezuela in February. Bitbase, a cryptocurrency exchange that provides help in physical locations, has announced opening its first shop outside of Europe. Cryptocurrency enthusiasts in Paraguay may

July 15, 2022 1 min read

Largest Crypto Expo in South East Asia
At Thailand Crypto Expo

Grab the opportunity to meet and greet crypto industry enthusiasts worldwide and enhance your knowledge of crypto-based businesses, understanding digital assets and blockchain technology in-depth! Date: 6-9 October 2022 Venue: Queen Sirikit National Convention Centre (QSNCC), Bangkok, Thailand. Location: https://goo.gl/maps/22uVHfBMRyGJmxMv9 Blockchain Technology, Cryptocurrency, Metaverse, Non-Fungible Tokens, Digital Assets, etc., are

July 15, 2022 4 mins read